P/E ratio for Cadiz (CDZI)
P/E ratio as of April 2023 (TTM): -6.14
According to Cadiz's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -6.13636. At the end of 2021 the company had a P/E ratio of -4.60.
P/E ratio history for Cadiz from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | -4.60 | -52.15% |
| 2020 | -9.60 | -3.18% |
| 2019 | -9.92 | 5.38% |
| 2018 | -9.41 | -0.92% |
| 2017 | -9.50 | 7.16% |
| 2016 | -8.87 | 125.81% |
| 2015 | -3.93 | -60.57% |
| 2014 | -9.96 | 116.32% |
| 2013 | -4.60 | -29.74% |
| 2012 | -6.55 | -18.37% |
| 2011 | -8.03 | -24.93% |
| 2010 | -10.7 | -0.17% |
| 2009 | -10.7 | 17.89% |
| 2008 | -9.08 | -48.16% |
| 2007 | -17.5 | -7.62% |
| 2006 | -19.0 | 88.79% |
| 2005 | -10.0 | 69.52% |
| 2004 | -5.93 | 649.94% |
| 2003 | -0.7903 | -3.67% |
| 2002 | -0.8204 | -92.49% |
| 2001 | -10.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 American Water Works AWK | 32.5 | -628.85% | 🇺🇸 USA |
 York Water YORW | 31.6 | -615.24% | 🇺🇸 USA |
 Pure Cycle (water) PCYO | 55.5 | -1,003.97% | 🇺🇸 USA |
 Middlesex Water Company
MSEX | 32.6 | -631.57% | 🇺🇸 USA |
 Artesian Resources ARTNA | 25.2 | -510.04% | 🇺🇸 USA |
 SJW Group
SJW | 31.3 | -609.41% | 🇺🇸 USA |
 California Water Service CWT | 39.3 | -740.29% | 🇺🇸 USA |
 American States Water
AWR | 41.1 | -769.88% | 🇺🇸 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.