P/E ratio for Avista (AVA)

P/E ratio history for Avista from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Pacific Gas and Electric PCG	22.9	34.93%	🇺🇸 USA
WEC Energy Group WEC	22.4	32.12%	🇺🇸 USA
NorthWestern Corporation NWE	18.3	7.93%	🇺🇸 USA
Portland General Electric POR	20.8	22.50%	🇺🇸 USA
Xcel Energy XEL	21.8	28.59%	🇺🇸 USA
MDU Resources MDU	10.3	-39.54%	🇺🇸 USA
CMS Energy CMS	26.8	57.86%	🇺🇸 USA
Black Hills BKH	16.3	-4.19%	🇺🇸 USA
CenterPoint Energy CNP	23.9	41.03%	🇺🇸 USA
Idacorp IDA	21.7	27.94%	🇺🇸 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.