P/E ratio for Avista (AVA)
P/E ratio as of April 2024 (TTM): 16.1
According to Avista 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.1216. At the end of 2022 the company had a P/E ratio of 20.6.
P/E ratio history for Avista from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 20.6 | 2% |
| 2021 | 20.2 | -3.8% |
| 2020 | 21.0 | 30.05% |
| 2019 | 16.2 | -20.95% |
| 2018 | 20.4 | -28.13% |
| 2017 | 28.4 | 53.65% |
| 2016 | 18.5 | 4.16% |
| 2015 | 17.8 | 59.39% |
| 2014 | 11.2 | -26.42% |
| 2013 | 15.2 | -15.77% |
| 2012 | 18.0 | 20.88% |
| 2011 | 14.9 | 9.72% |
| 2010 | 13.6 | -0.09% |
| 2009 | 13.6 | -3.31% |
| 2008 | 14.0 | -51.75% |
| 2007 | 29.1 | 70.21% |
| 2006 | 17.1 | -11.16% |
| 2005 | 19.2 | -20.47% |
| 2004 | 24.2 | 18.89% |
| 2003 | 20.4 | 3.91% |
| 2002 | 19.6 | -67.49% |
| 2001 | 60.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 CenterPoint Energy
CNP | 22.9 | 41.98% | 🇺🇸 USA |
 CMS Energy
CMS | 23.8 | 47.40% | 🇺🇸 USA |
 WEC Energy Group WEC | 19.1 | 18.37% | 🇺🇸 USA |
 Xcel Energy XEL | 17.5 | 8.61% | 🇺🇸 USA |
 MDU Resources
MDU | 13.9 | -13.48% | 🇺🇸 USA |
 Portland General Electric
POR | 19.5 | 20.98% | 🇺🇸 USA |
 Pacific Gas and Electric
PCG | 18.7 | 15.74% | 🇺🇸 USA |
 NorthWestern Corporation
NWE | 16.8 | 4.29% | 🇺🇸 USA |
 Idacorp IDA | 17.6 | 8.95% | 🇺🇸 USA |
 Black Hills BKH | 14.1 | -12.36% | 🇺🇸 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.