P/E ratio for York Water (YORW)
P/E ratio as of April 2024 (TTM): 24.3
According to York Water's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.3356. At the end of 2022 the company had a P/E ratio of 32.1.
P/E ratio history for York Water from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 32.1 | -16.1% |
| 2021 | 38.3 | 4.36% |
| 2020 | 36.7 | -11.67% |
| 2019 | 41.5 | 34.75% |
| 2018 | 30.8 | -8.16% |
| 2017 | 33.6 | -19.16% |
| 2016 | 41.5 | 61.49% |
| 2015 | 25.7 | -1.41% |
| 2014 | 26.1 | -6.55% |
| 2013 | 27.9 | 14.36% |
| 2012 | 24.4 | -1.78% |
| 2011 | 24.8 | 2.02% |
| 2010 | 24.4 | 7.41% |
| 2009 | 22.7 | 4.93% |
| 2008 | 21.6 | -20.54% |
| 2007 | 27.2 | -24.97% |
| 2006 | 36.2 | -3.26% |
| 2005 | 37.5 | 54.49% |
| 2004 | 24.2 | -6.73% |
| 2003 | 26.0 | 11.77% |
| 2002 | 23.3 | -48.31% |
| 2001 | 45.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 American Water Works AWK | 25.2 | 3.46% | 🇺🇸 USA |
 Middlesex Water Company
MSEX | 23.4 | -3.96% | 🇺🇸 USA |
 Cadiz CDZI | -3.66 | -115.04% | 🇺🇸 USA |
 Artesian Resources ARTNA | 20.3 | -16.65% | 🇺🇸 USA |
 SJW Group
SJW | 17.3 | -28.98% | 🇺🇸 USA |
 California Water Service Group CWT | 63.8 | 162.14% | 🇺🇸 USA |
 American States Water
AWR | 22.4 | -7.99% | 🇺🇸 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.