P/E ratio for American States Water (AWR)

P/E ratio history for American States Water 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
SJW Group SJW	15.5	-37.10%	🇺🇸 USA
American Water Works AWK	25.8	4.37%	🇺🇸 USA
California Water Service Group CWT	62.5	153.27%	🇺🇸 USA
York Water YORW	22.7	-8.12%	🇺🇸 USA
Cadiz CDZI	-8.15	-132.98%	🇺🇸 USA
Middlesex Water Company MSEX	25.4	2.68%	🇺🇸 USA
Artesian Resources ARTNA	18.4	-25.63%	🇺🇸 USA
Pure Cycle (water) PCYO	32.9	33.31%	🇺🇸 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.