P/E ratio for Mueller Water Products (MWA)
P/E ratio as of December 2023 (TTM): 27.6
According to Mueller Water Products 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 27.6122. At the end of 2022 the company had a P/E ratio of 21.1.
P/E ratio history for Mueller Water Products from 2006 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 21.1 | -32.6% |
| 2021 | 31.3 | 26.43% |
| 2020 | 24.8 | 26.07% |
| 2019 | 19.6 | -58.99% |
| 2018 | 47.9 | 312.82% |
| 2017 | 11.6 | -65.13% |
| 2016 | 33.3 | 39.29% |
| 2015 | 23.9 | -51.01% |
| 2014 | 48.8 | 19.69% |
| 2013 | 40.7 | -513.93% |
| 2012 | -9.84 | 4.87% |
| 2011 | -9.38 | -34.74% |
| 2010 | -14.4 | 1326.87% |
| 2009 | -1.01 | -62.93% |
| 2008 | -2.72 | -107.71% |
| 2007 | 35.3 | 71.63% |
| 2006 | 20.5 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Flowserve
FLS | 20.4 | -26.15% | 🇺🇸 USA |
 Itron
ITRI | 42.8 | 54.87% | 🇺🇸 USA |
 Badger Meter
BMI | 51.4 | 86.29% | 🇺🇸 USA |
 Watts Water Technologies
WTS | 23.8 | -13.97% | 🇺🇸 USA |
 Mueller Industries
MLI | 7.58 | -72.55% | 🇺🇸 USA |
 Curtiss-Wright
CW | 23.9 | -13.35% | 🇺🇸 USA |
 CIRCOR International CIR | 40.6 | 46.96% | 🇺🇸 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.