P/E ratio for American States Water (AWR)
P/E ratio as of April 2024 (TTM): 21.5
According to American States Water 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.5095. At the end of 2022 the company had a P/E ratio of 43.9.
P/E ratio history for American States Water from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 43.9 | 8.13% |
| 2021 | 40.6 | 19.38% |
| 2020 | 34.0 | -10.58% |
| 2019 | 38.0 | -2.51% |
| 2018 | 39.0 | 27.21% |
| 2017 | 30.6 | 9.62% |
| 2016 | 28.0 | 7.27% |
| 2015 | 26.1 | 7.93% |
| 2014 | 24.1 | 36.12% |
| 2013 | 17.7 | 4.97% |
| 2012 | 16.9 | 18.12% |
| 2011 | 14.3 | -25.72% |
| 2010 | 19.3 | -11.9% |
| 2009 | 21.9 | -15.17% |
| 2008 | 25.8 | 10.78% |
| 2007 | 23.3 | -19.3% |
| 2006 | 28.8 | 46.91% |
| 2005 | 19.6 | -10.21% |
| 2004 | 21.8 | -31.83% |
| 2003 | 32.1 | 85.99% |
| 2002 | 17.2 | 0.1% |
| 2001 | 17.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 American Water Works AWK | 24.3 | 13.19% | 🇺🇸 USA |
 York Water YORW | 23.5 | 9.10% | 🇺🇸 USA |
 Pure Cycle (water) PCYO | 23.8 | 10.74% | 🇺🇸 USA |
 Middlesex Water Company
MSEX | 22.2 | 3.25% | 🇺🇸 USA |
 Cadiz CDZI | -3.63 | -116.87% | 🇺🇸 USA |
 Artesian Resources ARTNA | 20.0 | -7.10% | 🇺🇸 USA |
 SJW Group
SJW | 16.6 | -22.63% | 🇺🇸 USA |
 California Water Service Group CWT | 61.5 | 185.95% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.