AWR
American States Water
PE ratio, current and historical analysis
The PE ratio for American States Water stock stands at 24.21 as of Jun 29, 2026. This takes into account the latest EPS of $3.42 and stock price of $82.79. An increase of 9% has been observed in the PE ratio compared to its average of 22.2 of the past four quarters.
AWR PE ratio history
Over the last ten years, the average PE ratio of American States Water has been 30.9. The current 24.21 price-to-earnings ratio is 22% less than the historical average. Analyzing the last ten years, AWR's PE ratio reached its highest point in the Dec 2022 quarter at 43.66, with a price of $92.55 and an EPS of $2.12. The Dec 2025 quarter saw the lowest point at 21.51, with a price of $72.48 and an EPS of $3.37.
American States Water PE ratio by year
Maximum annual increase: 34.47% in 2014
Maximum annual decrease: -45.35% in 2023
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 21.51 | -12.28% | $72.48 | $3.37 |
| 2024 | 24.52 | 2.77% | $77.72 | $3.17 |
| 2023 | 23.86 | -45.35% | $80.42 | $3.37 |
| 2022 | 43.66 | 7.64% | $92.55 | $2.12 |
| 2021 | 40.56 | 19.36% | $103.44 | $2.55 |
| 2020 | 33.98 | -10.58% | $79.51 | $2.34 |
| 2019 | 38 | -1.94% | $86.64 | $2.28 |
| 2018 | 38.75 | 25.81% | $67.04 | $1.73 |
| 2017 | 30.8 | 10.2% | $57.91 | $1.88 |
| 2016 | 27.95 | 7.25% | $45.56 | $1.63 |
| 2015 | 26.06 | 8.63% | $41.95 | $1.61 |
| 2014 | 23.99 | 34.47% | $37.66 | $1.57 |
| 2013 | 17.84 | 5.62% | $28.73 | $1.61 |
| 2012 | 16.89 | 18.11% | $23.99 | $1.42 |
| 2011 | 14.3 | -26.17% | $17.45 | $1.22 |
American States Water PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 22.11 | 2.79% | $75.62 | $3.42 |
| Dec 2025 | 21.51 | -1.15% | $72.48 | $3.37 |
| Sep 2025 | 21.76 | -7.48% | $73.32 | $3.37 |
| Jun 2025 | 23.52 | -3.13% | $76.66 | $3.26 |
| Mar 2025 | 24.28 | -0.98% | $78.68 | $3.24 |
| Dec 2024 | 24.52 | -12.55% | $77.72 | $3.17 |
| Sep 2024 | 28.04 | 10.87% | $83.29 | $2.97 |
| Jun 2024 | 25.29 | 7.12% | $72.57 | $2.87 |
| Mar 2024 | 23.61 | -1.05% | $72.24 | $3.06 |
| Dec 2023 | 23.86 | 0.97% | $80.42 | $3.37 |
| Sep 2023 | 23.63 | -13.88% | $78.68 | $3.33 |
| Jun 2023 | 27.44 | -17.57% | $87 | $3.17 |
| Mar 2023 | 33.29 | -23.75% | $88.89 | $2.67 |
| Dec 2022 | 43.66 | 20.98% | $92.55 | $2.12 |
| Sep 2022 | 36.09 | -1.26% | $77.95 | $2.16 |
AWR Price vs fair value
AWR average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
AWR's current PE ratio is higher than the 3-year average, but it is under its 5 and 10-year averages.
PE comparison
American States Water's price to earnings (P/E) of 24.21 is higher than the Utilities sector, the industry and its peers average. Looking at the Utilities sector average of 20.4, American States Water's price to earnings (P/E) is 19% higher.
AWR PE vs peers
When compared to its peer CWT, AWR's PE ratio is lower, but it is higher than AWK's and HTO's. American States Water's PE ratio is trading above the peer average of 21.0.
| Stock name | PE ratio | Market cap |
|---|---|---|
| ARTNA Artesian Resources Corp | 14.99 | $351.24M |
| PCYO Pure Cycle Corp | 18.84 | $263.46M |
| HTO H2O America | 20.89 | $2.55B |
| YORW York Water Co | 20.97 | $499.73M |
| MSEX Middlesex Water Co | 23.35 | $1.04B |
| AWK American Water Works Company Inc | 23.49 | $25.87B |
| AWR American States Water Co | 24.21 | $3.24B |
| CWT California Water Service Group | 24.46 | $2.93B |
| CDZI Cadiz Inc | N/A | $326.25M |
Frequently asked questions
What is American States Water's PE ratio?
AWR's price to earnings ratio is 24.21 as of Jun 29, 2026.
What is the 3-year average PE ratio for American States Water (AWR)?
Over the last 3 years, the average PE ratio for AWR stock is 23.83.
What is the 5-year average PE ratio for American States Water (AWR)?
Over the last 5 years, the average PE ratio for AWR stock is 28.96.
What is the highest PE ratio for AWR?
Over the last ten years, the Dec 2022 quarter recorded the highest quarterly PE ratio at 43.66.
How does the current PE ratio for AWR compare to its historical average?
AWR's price to earnings ratio is currently 22% below its 10-year historical average.
How is AWR's PE ratio calculated (American States Water PE ratio formula)?
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Jun 29, 2026), American States Water's share price is $82.79. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $3.42. Therefore, American States Water's price to earnings ratio for today is 24.21. PE RATIO(24.21) = STOCK PRICE($82.79) / TTM EPS($3.42)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.