P/E ratio for American Water Works (AWK)

P/E ratio history for American Water Works from 2008 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
California Water Service Group CWT	70.4	145.09%	🇺🇸 USA
American States Water AWR	26.7	-7.20%	🇺🇸 USA
Cadiz CDZI	-5.11	-117.78%	🇺🇸 USA
York Water YORW	24.3	-15.34%	🇺🇸 USA
SJW Group SJW	17.3	-39.79%	🇺🇸 USA
Middlesex Water Company MSEX	31.4	9.29%	🇺🇸 USA
Artesian Resources ARTNA	19.9	-30.69%	🇺🇸 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.