According to American States Water 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.5522. At the end of 2022 the company had a P/E ratio of 43.9.
Year | P/E ratio | Change |
---|---|---|
2022 | 43.9 | 8.13% |
2021 | 40.6 | 19.38% |
2020 | 34.0 | -10.58% |
2019 | 38.0 | -2.51% |
2018 | 39.0 | 27.21% |
2017 | 30.6 | 9.62% |
2016 | 28.0 | 7.27% |
2015 | 26.1 | 7.93% |
2014 | 24.1 | 36.12% |
2013 | 17.7 | 4.97% |
2012 | 16.9 | 18.12% |
2011 | 14.3 | -25.72% |
2010 | 19.3 | -11.9% |
2009 | 21.9 | -15.17% |
2008 | 25.8 | 10.78% |
2007 | 23.3 | -19.3% |
2006 | 28.8 | 46.91% |
2005 | 19.6 | -10.21% |
2004 | 21.8 | -31.83% |
2003 | 32.1 | 85.99% |
2002 | 17.2 | 0.1% |
2001 | 17.2 |
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.