Southwest Gas
SWX
#2686
Rank
ยฃ3.97 B
Marketcap
ยฃ55.44
Share price
0.11%
Change (1 day)
11.63%
Change (1 year)

P/E ratio for Southwest Gas (SWX)

P/E ratio as of December 2024 (TTM): -21.2

According to Southwest Gas 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -21.152. At the end of 2022 the company had a P/E ratio of -21.5.

P/E ratio history for Southwest Gas from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-21.5-205.21%
202120.439.51%
202014.6-23.7%
201919.2-7.71%
201820.84.61%
201719.9-17.01%
201623.928.05%
201518.7-8.34%
201420.414.93%
201317.720.95%
201214.7-15.04%
201117.37.86%
201016.010.57%
200914.5-19.03%
200817.918.96%
200715.0-17.71%
200618.3-19.02%
200522.644.8%
200415.6-20.18%
200319.511.55%
200217.5-8.39%
200119.1

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
14.1-166.47%๐Ÿ‡บ๐Ÿ‡ธ USA
23.9-212.98%๐Ÿ‡บ๐Ÿ‡ธ USA
21.9-203.48%๐Ÿ‡บ๐Ÿ‡ธ USA
18.3-186.46%๐Ÿ‡บ๐Ÿ‡ธ USA
11.6-154.68%๐Ÿ‡บ๐Ÿ‡ธ USA
25.7-221.47%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.