P/E ratio for Cadiz (CDZI)
P/E ratio as of April 2024 (TTM): -3.63
According to Cadiz's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -3.62903. At the end of 2022 the company had a P/E ratio of -4.24.
P/E ratio history for Cadiz from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -4.24 | -7.79% |
| 2021 | -4.60 | -50.38% |
| 2020 | -9.26 | -6.72% |
| 2019 | -9.93 | 5.06% |
| 2018 | -9.45 | -0.53% |
| 2017 | -9.50 | 7.92% |
| 2016 | -8.80 | 124.25% |
| 2015 | -3.93 | -59.69% |
| 2014 | -9.74 | 104.3% |
| 2013 | -4.77 | -22.96% |
| 2012 | -6.19 | -22.9% |
| 2011 | -8.03 | -25.17% |
| 2010 | -10.7 | 1.24% |
| 2009 | -10.6 | 11.77% |
| 2008 | -9.48 | -48.55% |
| 2007 | -18.4 | -2.88% |
| 2006 | -19.0 | 87.91% |
| 2005 | -10.1 | 64.34% |
| 2004 | -6.14 | 780.39% |
| 2003 | -0.6977 | -14.96% |
| 2002 | -0.8204 | -92.32% |
| 2001 | -10.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 American Water Works AWK | 24.7 | -781.80% | 🇺🇸 USA |
 York Water YORW | 24.3 | -768.51% | 🇺🇸 USA |
 Pure Cycle (water) PCYO | 24.7 | -781.12% | 🇺🇸 USA |
 Middlesex Water Company
MSEX | 22.9 | -730.11% | 🇺🇸 USA |
 Artesian Resources ARTNA | 20.3 | -658.16% | 🇺🇸 USA |
 SJW Group
SJW | 17.0 | -567.24% | 🇺🇸 USA |
 California Water Service Group CWT | 62.3 | -1,815.62% | 🇺🇸 USA |
 American States Water
AWR | 21.8 | -701.43% | 🇺🇸 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.