P/E ratio for Consolidated Water (CWCO)
P/E ratio as of June 2024 (TTM): 30.3
According to Consolidated Water's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 30.3012. At the end of 2022 the company had a P/E ratio of 38.9.
P/E ratio history for Consolidated Water from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 38.9 | -78.04% |
| 2021 | 177 | 253.2% |
| 2020 | 50.2 | 146.42% |
| 2019 | 20.4 | 31.06% |
| 2018 | 15.5 | -49.41% |
| 2017 | 30.7 | -23.52% |
| 2016 | 40.2 | 67.44% |
| 2015 | 24.0 | -3.37% |
| 2014 | 24.8 | 3.93% |
| 2013 | 23.9 | 106.69% |
| 2012 | 11.6 | -43.4% |
| 2011 | 20.4 | -4.21% |
| 2010 | 21.3 | -35.83% |
| 2009 | 33.2 | 35.59% |
| 2008 | 24.5 | -24.11% |
| 2007 | 32.3 | -22.27% |
| 2006 | 41.6 | -1.71% |
| 2005 | 42.3 | 48.73% |
| 2004 | 28.4 | 23.33% |
| 2003 | 23.0 | 3.19% |
| 2002 | 22.3 | 41.8% |
| 2001 | 15.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 American Water Works AWK | 26.8 | -11.42% | 🇺🇸 USA |
 York Water YORW | 25.2 | -16.77% | 🇺🇸 USA |
 Middlesex Water Company
MSEX | 24.8 | -18.25% | 🇺🇸 USA |
 Sabesp SBS | 15.6 | -48.55% | 🇧🇷 Brazil |
 California Water Service Group CWT | 66.0 | 117.68% | 🇺🇸 USA |
 American States Water
AWR | 22.7 | -25.05% | 🇺🇸 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.