P/E ratio for Unitil Corporation (UTL)
P/E ratio as of October 2023 (TTM): 16.0
According to Unitil Corporation 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.0148. At the end of 2021 the company had a P/E ratio of 19.8.
P/E ratio history for Unitil Corporation from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 19.8 | -1.97% |
| 2020 | 20.2 | -2.39% |
| 2019 | 20.7 | -4.8% |
| 2018 | 21.7 | -1.97% |
| 2017 | 22.1 | -5.24% |
| 2016 | 23.4 | 21.85% |
| 2015 | 19.2 | -8.2% |
| 2014 | 20.9 | 7.45% |
| 2013 | 19.4 | 4.19% |
| 2012 | 18.7 | -1.35% |
| 2011 | 18.9 | -26.94% |
| 2010 | 25.9 | 16.38% |
| 2009 | 22.3 | 81.85% |
| 2008 | 12.2 | -32.83% |
| 2007 | 18.2 | 1.33% |
| 2006 | 18.0 | 7.9% |
| 2005 | 16.7 | -15.23% |
| 2004 | 19.7 | 20.28% |
| 2003 | 16.3 | -19.44% |
| 2002 | 20.3 | -84.4% |
| 2001 | 130 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Consolidated Edison ED | 12.3 | -23.41% | 🇺🇸 USA |
 NiSource
NI | 15.8 | -1.53% | 🇺🇸 USA |
 PSEG PEG | 10.1 | -36.71% | 🇺🇸 USA |
 NorthWestern Corporation
NWE | 15.9 | -0.69% | 🇺🇸 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.