P/E ratio for SJW Group (SJW)
P/E ratio as of April 2023 (TTM): 31.3
According to SJW Group 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 31.2593. At the end of 2021 the company had a P/E ratio of 36.1.
P/E ratio history for SJW Group from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 36.1 | 11.77% |
| 2020 | 32.3 | -62.32% |
| 2019 | 85.6 | 183.23% |
| 2018 | 30.2 | 36.39% |
| 2017 | 22.2 | 2.54% |
| 2016 | 21.6 | 35.59% |
| 2015 | 15.9 | 27.05% |
| 2014 | 12.5 | -53.25% |
| 2013 | 26.8 | 21.07% |
| 2012 | 22.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 American Water Works AWK | 32.5 | 3.82% | 🇺🇸 USA |
 York Water YORW | 31.6 | 1.14% | 🇺🇸 USA |
 Pure Cycle (water) PCYO | 55.5 | 77.45% | 🇺🇸 USA |
 Middlesex Water Company
MSEX | 32.6 | 4.35% | 🇺🇸 USA |
 Cadiz CDZI | -6.14 | -119.63% | 🇺🇸 USA |
 Artesian Resources ARTNA | 25.2 | -19.51% | 🇺🇸 USA |
 California Water Service CWT | 39.3 | 25.69% | 🇺🇸 USA |
 American States Water
AWR | 41.1 | 31.50% | 🇺🇸 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.