P/E ratio for York Water (YORW)
P/E ratio as of March 2023 (TTM): 31.4
According to York Water's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 31.4326. At the end of 2021 the company had a P/E ratio of 38.1.
P/E ratio history for York Water from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 38.1 | 3.77% |
| 2020 | 36.7 | -12.09% |
| 2019 | 41.8 | 37.47% |
| 2018 | 30.4 | -9.44% |
| 2017 | 33.6 | -19.16% |
| 2016 | 41.5 | 55.87% |
| 2015 | 26.6 | 0.59% |
| 2014 | 26.5 | -7.05% |
| 2013 | 28.5 | 13.72% |
| 2012 | 25.1 | 0.85% |
| 2011 | 24.8 | 1.91% |
| 2010 | 24.4 | 7.17% |
| 2009 | 22.8 | 7.35% |
| 2008 | 21.2 | -23.5% |
| 2007 | 27.7 | -10.14% |
| 2006 | 30.8 | 0.17% |
| 2005 | 30.8 | 25.74% |
| 2004 | 24.5 | -6.33% |
| 2003 | 26.1 | 7.23% |
| 2002 | 24.4 | 1.53% |
| 2001 | 24.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 American Water Works AWK | 31.4 | -0.01% | 🇺🇸 USA |
 Middlesex Water Company
MSEX | 32.1 | 2.15% | 🇺🇸 USA |
 Cadiz CDZI | -6.27 | -119.96% | 🇺🇸 USA |
 Artesian Resources ARTNA | 24.5 | -22.01% | 🇺🇸 USA |
 SJW Group
SJW | 31.4 | -0.16% | 🇺🇸 USA |
 California Water Service CWT | 38.7 | 23.02% | 🇺🇸 USA |
 American States Water
AWR | 40.3 | 28.29% | 🇺🇸 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.