According to Avista 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.5023. At the end of 2022 the company had a P/E ratio of 20.6.
Year | P/E ratio | Change |
---|---|---|
2022 | 20.6 | 2% |
2021 | 20.2 | -3.8% |
2020 | 21.0 | 30.05% |
2019 | 16.2 | -20.95% |
2018 | 20.4 | -28.13% |
2017 | 28.4 | 53.65% |
2016 | 18.5 | 4.16% |
2015 | 17.8 | 59.39% |
2014 | 11.2 | -26.42% |
2013 | 15.2 | -15.77% |
2012 | 18.0 | 20.88% |
2011 | 14.9 | 9.72% |
2010 | 13.6 | -0.09% |
2009 | 13.6 | -3.31% |
2008 | 14.0 | -51.75% |
2007 | 29.1 | 70.21% |
2006 | 17.1 | -11.16% |
2005 | 19.2 | -20.47% |
2004 | 24.2 | 18.89% |
2003 | 20.4 | 3.91% |
2002 | 19.6 | -67.49% |
2001 | 60.3 |
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.