P/E ratio for Southwest Gas (SWX)
P/E ratio as of June 2023 (TTM): -21.6
According to Southwest Gas 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -21.5833. At the end of 2021 the company had a P/E ratio of 20.4.
P/E ratio history for Southwest Gas from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 20.4 | |
| 2019 | 19.2 | -7.71% |
| 2018 | 20.8 | 4.61% |
| 2017 | 19.9 | -17.01% |
| 2016 | 23.9 | 28.05% |
| 2015 | 18.7 | -8.34% |
| 2014 | 20.4 | 14.93% |
| 2013 | 17.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Atmos Energy ATO | 20.1 | -193.26% | 🇺🇸 USA |
 CenterPoint Energy
CNP | 16.8 | -178.00% | 🇺🇸 USA |
 Sempra Energy SRE | 18.9 | -187.72% | 🇺🇸 USA |
 Oneok OKE | 11.7 | -154.32% | 🇺🇸 USA |
 NW Natural
NWN | 15.3 | -170.72% | 🇺🇸 USA |
 National Fuel Gas
NFG | 8.37 | -138.77% | 🇺🇸 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.