P/E ratio for Avista (AVA)
P/E ratio as of June 2023 (TTM): 22.7
According to Avista 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.7238. At the end of 2021 the company had a P/E ratio of 20.2.
P/E ratio history for Avista from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 20.2 | |
| 2019 | 16.2 | -20.95% |
| 2018 | 20.4 | -28.13% |
| 2017 | 28.4 | 52.23% |
| 2016 | 18.7 | |
| 2014 | 11.2 | |
| 2012 | 18.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 CenterPoint Energy
CNP | 16.7 | -26.44% | 🇺🇸 USA |
 CMS Energy
CMS | 20.7 | -8.81% | 🇺🇸 USA |
 WEC Energy Group WEC | 20.5 | -9.78% | 🇺🇸 USA |
 Xcel Energy XEL | 20.1 | -11.50% | 🇺🇸 USA |
 MDU Resources
MDU | 11.0 | -51.47% | 🇺🇸 USA |
 Portland General Electric
POR | 17.2 | -24.22% | 🇺🇸 USA |
 Pacific Gas and Electric
PCG | 17.9 | -21.21% | 🇺🇸 USA |
 NorthWestern Corporation
NWE | 20.3 | -10.68% | 🇺🇸 USA |
 Idacorp IDA | 19.3 | -14.89% | 🇺🇸 USA |
 Black Hills BKH | 15.9 | -30.01% | 🇺🇸 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.