P/E ratio for Mueller Water Products (MWA)

P/E ratio history for Mueller Water Products from 2006 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
CIRCOR International CIR	40.6	-18.34%	🇺🇸 USA
Watts Water Technologies WTS	25.7	-48.25%	🇺🇸 USA
Curtiss-Wright CW	39.7	-20.15%	🇺🇸 USA
Flowserve FLS	31.5	-36.69%	🇺🇸 USA
Badger Meter BMI	73.6	48.15%	🇺🇸 USA
Mueller Industries MLI	15.9	-67.95%	🇺🇸 USA
Itron ITRI	71.0	42.80%	🇺🇸 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.