P/E ratio for Avista (AVA)

P/E ratio history for Avista from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Pacific Gas and Electric PCG	21.6	30.72%	🇺🇸 USA
WEC Energy Group WEC	21.9	32.17%	🇺🇸 USA
NorthWestern Corporation NWE	17.4	4.89%	🇺🇸 USA
Portland General Electric POR	19.9	20.01%	🇺🇸 USA
Xcel Energy XEL	21.5	30.18%	🇺🇸 USA
MDU Resources MDU	10.5	-36.67%	🇺🇸 USA
CMS Energy CMS	26.4	59.69%	🇺🇸 USA
Black Hills BKH	15.6	-5.98%	🇺🇸 USA
CenterPoint Energy CNP	25.0	50.87%	🇺🇸 USA
Idacorp IDA	20.9	26.16%	🇺🇸 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.