American States Water Co (NYSE:AWR) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
American States Water Co Forward PE Ratio Related Terms
American States Water Co Forward PE Ratio Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
American States Water Co Forward PE Ratio Chart
American States Water Co Annual Data
Trend
2016-12
2017-12
2018-12
2019-12
2020-12
2021-12
2022-12
2023-12
2024-12
2025-12
Forward PE Ratio
25.32
32.15
34.48
40.98
33.44
40.16
34.97
27.10
23.63
20.93
American States Water Co Quarterly Data
2016-03
2016-06
2016-09
2016-12
2017-03
2017-06
2017-09
2017-12
2018-03
2018-06
2018-09
2018-12
2019-03
2019-06
2019-09
2019-12
2020-03
2020-06
2020-09
2020-12
2021-03
2021-06
2021-09
2021-12
2022-03
2022-06
2022-09
2022-12
2023-03
2023-06
2023-09
2023-12
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
21.65
24.75
22.27
25.32
26.04
27.86
27.40
32.15
29.07
30.86
33.56
34.48
35.97
37.74
42.55
40.98
37.59
32.79
30.77
33.44
31.65
33.00
34.01
40.16
33.67
29.67
28.33
34.97
32.47
27.55
25.97
27.10
23.87
23.92
24.45
23.63
23.78
23.25
20.79
20.93
20.30
AWR vs CWT, HTO, MSEX: Forward PE Ratio Comparison
For the Utilities - Regulated Water subindustry, American States Water Co's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
American States Water Co Forward PE Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, American States Water Co's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where American States Water Co's Forward PE Ratio falls into.
American States Water Co Forward PE Ratio Calculation
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
American States Water Co (AWR) has a Forward PE Ratio of 23.41 as of Jul. 12, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on American States Water Co and its competitors. According to the industry distribution chart, American States Water Co ranks #251 out of 275 companies in the Utilities - Regulated industry, placing it in the top 91.3%.
Is American States Water Co's Forward PE Ratio too high?
American States Water Co's current Forward PE Ratio is 23.41. The Utilities - Regulated industry median Forward PE Ratio is 14.64. American States Water Co's value of 23.41 is 59.9% above this industry median. Based on the distribution chart, American States Water Co ranks #251 out of 275 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, American States Water Co has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does American States Water Co's Forward PE Ratio compare to CWT and HTO?
According to the Utilities - Regulated industry distribution chart, American States Water Co ranks #251 out of 275 companies for Forward PE Ratio. This places American States Water Co in the lower half of its industry. The industry median Forward PE Ratio is 14.64. American States Water Co's value of 23.41 is 59.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for an Utilities - Regulated company?
The median Forward PE Ratio among Utilities - Regulated companies is 14.64, based on 275 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. American States Water Co's current Forward PE Ratio of 23.41 is 59.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on American States Water Co and its competitors. For the Utilities - Regulated industry, the median Forward PE Ratio is 14.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. American States Water Co's current Forward PE Ratio is 23.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American States Water Co stock overvalued right now?
Based on GuruFocus' analysis, American States Water Co (AWR) is currently considered Fairly Valued. The stock's GF Value™ is $85.53, compared to a current price of $84.51 — trading 1.2% below its estimated fair value. The current Forward PE Ratio is 23.41 and 59.9% above the Utilities - Regulated industry median of 14.64. American States Water Co's overall GF Score™ is 84/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For American States Water Co (AWR), the current Forward PE Ratio is 23.41 as of Jul. 12, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is American States Water Co (AWR) Overvalued in 2026?
Based on GuruFocus' analysis, American States Water Co stock appears to be undervalued.
The current stock price of $84.51 is trading 1.2% below its estimated GF Value™ of $85.53.
GuruFocus considers American States Water Co to be Fairly Valued.
Key valuation signals for AWR:
Forward PE Ratio: 23.41
GF Value™: $85.53 vs. price of $84.51 (1.2% below fair value)
Industry Position: 59.9% above the Utilities - Regulated median (#251 of 275)
No single metric tells the full story. See the AWR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
American States Water Co is a water and utilities holding company based in California. The segments of the firm include water, electric, and contracted services. Within these segments, American States Water conducts water and electric operations through Golden State Water Company and Bear Valley Electric Service, Inc while contracted services through American States Utility Services and its subsidiaries. Golden State Water conducts its operations across various counties in California and is regulated by the California Public Utilities Commission. American States Utility Services has contracted with the U.S. government to provide water services to various military installations. The majority of the company's revenue is derived from water services to commercial and residential customers.
84GF Score
Get the complete analysis for AWR
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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