Avista
AVA
#3514
Rank
$3.00 B
Marketcap
$38.40
Share price
0.21%
Change (1 day)
-9.67%
Change (1 year)

P/E ratio for Avista (AVA)

P/E ratio as of May 2024 (TTM): 17.3

According to Avista 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.2613. 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
202220.62%
202120.2-3.8%
202021.030.05%
201916.2-20.95%
201820.4-28.13%
201728.453.65%
201618.54.16%
201517.859.39%
201411.2-26.42%
201315.2-15.77%
201218.020.88%
201114.99.72%
201013.6-0.09%
200913.6-3.31%
200814.0-51.75%
200729.170.21%
200617.1-11.16%
200519.2-20.47%
200424.218.89%
200320.43.91%
200219.6-67.49%
200160.3

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
23.6 36.80%๐Ÿ‡บ๐Ÿ‡ธ USA
24.7 43.31%๐Ÿ‡บ๐Ÿ‡ธ USA
19.6 13.31%๐Ÿ‡บ๐Ÿ‡ธ USA
17.7 2.79%๐Ÿ‡บ๐Ÿ‡ธ USA
14.6-15.33%๐Ÿ‡บ๐Ÿ‡ธ USA
20.1 16.18%๐Ÿ‡บ๐Ÿ‡ธ USA
20.5 18.59%๐Ÿ‡บ๐Ÿ‡ธ USA
17.6 1.72%๐Ÿ‡บ๐Ÿ‡ธ USA
18.3 6.01%๐Ÿ‡บ๐Ÿ‡ธ USA
14.7-14.66%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.