York Water
YORW
#6646
Rank
C$0.72 B
Marketcap
$50.43
Share price
2.00%
Change (1 day)
-3.38%
Change (1 year)

P/E ratio for York Water (YORW)

P/E ratio as of November 2024 (TTM): 24.8

According to York Water's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.7808. 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
202232.1-16.1%
202138.34.36%
202036.7-11.67%
201941.534.75%
201830.8-8.16%
201733.6-19.16%
201641.561.49%
201525.7-1.41%
201426.1-6.55%
201327.914.36%
201224.4-1.78%
201124.82.02%
201024.47.41%
200922.74.93%
200821.6-20.54%
200727.2-24.97%
200636.2-3.26%
200537.554.49%
200424.2-6.73%
200326.011.77%
200223.3-48.31%
200145.0

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-5.44-121.93%๐Ÿ‡บ๐Ÿ‡ธ USA
31.7 27.79%๐Ÿ‡บ๐Ÿ‡ธ USA
70.7 185.24%๐Ÿ‡บ๐Ÿ‡ธ USA
17.5-29.46%๐Ÿ‡บ๐Ÿ‡ธ USA
26.9 8.58%๐Ÿ‡บ๐Ÿ‡ธ USA
20.0-19.46%๐Ÿ‡บ๐Ÿ‡ธ USA
28.5 14.96%๐Ÿ‡บ๐Ÿ‡ธ 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.