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	16.9	1.40%	🇺🇸 USA
WEC Energy Group WEC	23.8	42.98%	🇺🇸 USA
NorthWestern Corporation NWE	17.3	4.16%	🇺🇸 USA
Portland General Electric POR	18.7	12.51%	🇺🇸 USA
Xcel Energy XEL	21.8	30.93%	🇺🇸 USA
MDU Resources MDU	9.56	-42.61%	🇺🇸 USA
CMS Energy CMS	27.2	63.51%	🇺🇸 USA
Black Hills BKH	15.5	-6.84%	🇺🇸 USA
CenterPoint Energy CNP	26.5	59.42%	🇺🇸 USA
Idacorp IDA	20.5	23.22%	🇺🇸 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.