P/E ratio for Southwest Gas (SWX)
P/E ratio as of May 2024 (TTM): -22.7
According to Southwest Gas 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -22.6809. At the end of 2022 the company had a P/E ratio of -21.5.
P/E ratio history for Southwest Gas from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -21.5 | -205.21% |
| 2021 | 20.4 | 39.51% |
| 2020 | 14.6 | -23.7% |
| 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 | 20.95% |
| 2012 | 14.7 | -15.04% |
| 2011 | 17.3 | 7.86% |
| 2010 | 16.0 | 10.57% |
| 2009 | 14.5 | -19.03% |
| 2008 | 17.9 | 18.96% |
| 2007 | 15.0 | -17.71% |
| 2006 | 18.3 | -19.02% |
| 2005 | 22.6 | 44.8% |
| 2004 | 15.6 | -20.18% |
| 2003 | 19.5 | 11.55% |
| 2002 | 17.5 | -8.39% |
| 2001 | 19.1 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Atmos Energy ATO | 20.2 | -188.86% | 🇺🇸 USA |
 CenterPoint Energy
CNP | 22.9 | -201.16% | 🇺🇸 USA |
 Sempra Energy SRE | 18.1 | -179.75% | 🇺🇸 USA |
 Oneok OKE | 14.5 | -163.89% | 🇺🇸 USA |
 NW Natural
NWN | 13.5 | -159.45% | 🇺🇸 USA |
 National Fuel Gas
NFG | 10.2 | -145.11% | 🇺🇸 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.