American States Water
AWR
#3582
Rank
$2.88 B
Marketcap
$77.47
Share price
-1.05%
Change (1 day)
-13.20%
Change (1 year)

P/E ratio for American States Water (AWR)

P/E ratio as of May 2024 (TTM): 24.5

According to American States Water 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.5158. 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
202243.98.13%
202140.619.38%
202034.0-10.58%
201938.0-2.51%
201839.027.21%
201730.69.62%
201628.07.27%
201526.17.93%
201424.136.12%
201317.74.97%
201216.918.12%
201114.3-25.72%
201019.3-11.9%
200921.9-15.17%
200825.810.78%
200723.3-19.3%
200628.846.91%
200519.6-10.21%
200421.8-31.83%
200332.185.99%
200217.20.1%
200117.2

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
27.7 13.04%๐Ÿ‡บ๐Ÿ‡ธ USA
26.1 6.28%๐Ÿ‡บ๐Ÿ‡ธ USA
24.1-1.89%๐Ÿ‡บ๐Ÿ‡ธ USA
27.0 10.09%๐Ÿ‡บ๐Ÿ‡ธ USA
-5.02-120.46%๐Ÿ‡บ๐Ÿ‡ธ USA
23.3-5.16%๐Ÿ‡บ๐Ÿ‡ธ USA
18.6-24.17%๐Ÿ‡บ๐Ÿ‡ธ USA
72.3 194.81%๐Ÿ‡บ๐Ÿ‡ธ 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.