P/E ratio for United Utilities (UU.L)
P/E ratio at the end of 2023: 36.4
According to United Utilities's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3436. At the end of 2023 the company had a P/E ratio of 36.4.
P/E ratio history for United Utilities from 2004 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 36.4 | -127.83% |
| 2022 | -131 | -1118.83% |
| 2021 | 12.8 | -79.42% |
| 2020 | 62.3 | 316.44% |
| 2019 | 15.0 | 19.52% |
| 2018 | 12.5 | -21.44% |
| 2017 | 15.9 | 12.46% |
| 2016 | 14.2 | -30.78% |
| 2015 | 20.5 | 260.95% |
| 2014 | 5.67 | -57.7% |
| 2013 | 13.4 | 29.65% |
| 2012 | 10.3 | 46.34% |
| 2011 | 7.07 | -12.31% |
| 2010 | 8.06 | -48.68% |
| 2009 | 15.7 | 497.72% |
| 2008 | 2.63 | -55.68% |
| 2007 | 5.93 | -63.44% |
| 2006 | 16.2 | 64.86% |
| 2005 | 9.83 | 95.08% |
| 2004 | 5.04 |
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.