P/E ratio for Mueller Water Products (MWA)
P/E ratio as of March 2023 (TTM): 25.9
According to Mueller Water Products 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 25.902. At the end of 2021 the company had a P/E ratio of 31.3.
P/E ratio history for Mueller Water Products from 2006 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 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 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Flowserve
FLS | 22.5 | -13.05% | 🇺🇸 USA |
 Itron
ITRI | -240 | -1,028.33% | 🇺🇸 USA |
 Badger Meter
BMI | 52.3 | 101.93% | 🇺🇸 USA |
 Watts Water Technologies
WTS | 21.6 | -16.60% | 🇺🇸 USA |
 Mueller Industries
MLI | 6.14 | -76.28% | 🇺🇸 USA |
 Curtiss-Wright
CW | 22.4 | -13.33% | 🇺🇸 USA |
 CIRCOR International CIR | -43.4 | -267.67% | 🇺🇸 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.