P/E ratio for American Water Works (AWK)
P/E ratio as of December 2023 (TTM): 27.4
According to American Water Works's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 27.3527. At the end of 2022 the company had a P/E ratio of 33.8.
P/E ratio history for American Water Works from 2008 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 33.8 | 24.55% |
| 2021 | 27.1 | -30.69% |
| 2020 | 39.2 | 9.31% |
| 2019 | 35.8 | 24.69% |
| 2018 | 28.7 | -24.82% |
| 2017 | 38.2 | 38.88% |
| 2016 | 27.5 | 22.49% |
| 2015 | 22.5 | -0.54% |
| 2014 | 22.6 | 10.63% |
| 2013 | 20.4 | 11.62% |
| 2012 | 18.3 | 1.04% |
| 2011 | 18.1 | 10.23% |
| 2010 | 16.4 | -210.65% |
| 2009 | -14.8 | 150.9% |
| 2008 | -5.92 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 York Water YORW | 26.1 | -4.64% | 🇺🇸 USA |
 Middlesex Water Company
MSEX | 30.4 | 11.25% | 🇺🇸 USA |
 Cadiz CDZI | -4.40 | -116.10% | 🇺🇸 USA |
 Artesian Resources ARTNA | 24.4 | -10.62% | 🇺🇸 USA |
 SJW Group
SJW | 20.6 | -24.77% | 🇺🇸 USA |
 California Water Service CWT | 69.3 | 153.26% | 🇺🇸 USA |
 American States Water
AWR | 25.3 | -7.56% | 🇺🇸 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.