P/E ratio for Mueller Water Products (MWA)

P/E ratio history for Mueller Water Products from 2006 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
CIRCOR International CIR	40.6	-5.90%	🇺🇸 USA
Watts Water Technologies WTS	25.1	-41.78%	🇺🇸 USA
Curtiss-Wright CW	36.4	-15.56%	🇺🇸 USA
Flowserve FLS	25.6	-40.53%	🇺🇸 USA
Badger Meter BMI	73.7	70.83%	🇺🇸 USA
Mueller Industries MLI	13.2	-69.34%	🇺🇸 USA
Itron ITRI	64.6	49.83%	🇺🇸 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.