American States Water Co (FRA:FDK) Shiller PE Ratio: 28.39 (As of Sep. 13, 2026) — 26% Below Median

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FRA:FDK American States Water Co FRA:FDK
80 GF Score
Price €74.10
GF Value €73.28
Valuation Fairly Valued
! 5 Warning Signs
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What is American States Water Co Shiller PE Ratio?

American States Water Co FRA:FDK -1.46% 80 Shiller PE Ratio is 28.39 as of Sep. 13, 2026, which is 26% below its 10-year median of 38.40. GuruFocus rates FRA:FDK with a GF Score™ of 80/100 and a GF Value™ of €73.28 (Fairly Valued). The stock has 5 warning signs investors should review. Among 399 Utilities - Regulated companies, American States Water Co ranks worse than 81.45% on this metric.

As of today (2026-09-13), American States Water Co's current share price is €74.10. American States Water Co's E10 for the quarter that ended in Jun. 2026 was €2.61. American States Water Co's Shiller PE Ratio for today is 28.39.

The historical rank and industry rank for American States Water Co's Shiller PE Ratio or its related term are showing as below:

FRA:FDK' s Shiller PE Ratio Range Over the Past 10 Years
Min: 24.99   Med: 38.4   Max: 57.47
Current: 28.88

During the past years, American States Water Co's highest Shiller PE Ratio was 57.47. The lowest was 24.99. And the median was 38.40.

FRA:FDK's Shiller PE Ratio is ranked worse than
81.45% of 399 companies
in the Utilities - Regulated industry
Industry Median: 16.81 vs FRA:FDK: 28.88

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

American States Water Co's adjusted earnings per share data for the three months ended in Jun. 2026 was €0.946. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €2.61 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


American States Water Co  (FRA:FDK) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


American States Water Co Shiller PE Ratio Related Terms


American States Water Co Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for American States Water Co's Shiller PE Ratio can be seen below:

* 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 Shiller PE Ratio Chart

American States Water Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.61 41.12 32.79 29.51 25.67

American States Water Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 27.87 26.20 25.67 25.94 27.59

FRA:FDK vs CWT, HTO, MSEX: Shiller PE Ratio Comparison

For the Utilities - Regulated Water subindustry, American States Water Co's Shiller PE Ratio, along with its competitors' market caps and Shiller 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 Shiller PE Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, American States Water Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where American States Water Co's Shiller PE Ratio falls into.


FRA:FDK
80GF Score
American States Water Co FRA:FDK
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

American States Water Co Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

American States Water Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=74.10/2.61
=28.39

* 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's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, American States Water Co's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.946/333.9520*333.9520
=0.946

Current CPI (Jun. 2026) = 333.9520.

American States Water Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.526 241.428 0.728
201612 0.284 241.432 0.393
201703 0.318 243.801 0.436
201706 0.552 244.955 0.753
201709 0.478 246.819 0.647
201712 0.296 246.524 0.401
201803 0.235 249.554 0.314
201806 0.377 251.989 0.500
201809 0.531 252.439 0.702
201812 0.325 251.233 0.432
201903 0.310 254.202 0.407
201906 0.637 256.143 0.831
201909 0.690 256.759 0.897
201912 0.405 256.974 0.526
202003 0.344 258.115 0.445
202006 0.613 257.797 0.794
202009 0.611 260.280 0.784
202012 0.444 260.474 0.569
202103 0.437 264.877 0.551
202106 0.598 271.696 0.735
202109 0.646 274.310 0.786
202112 0.487 278.802 0.583
202203 0.345 287.504 0.401
202206 0.511 296.311 0.576
202209 0.697 296.808 0.784
202212 0.472 296.797 0.531
202303 0.869 301.836 0.961
202306 0.960 305.109 1.051
202309 0.796 307.789 0.864
202312 0.495 306.746 0.539
202403 0.570 312.332 0.609
202406 0.790 314.175 0.840
202409 0.856 315.301 0.907
202412 0.716 315.605 0.758
202503 0.647 319.799 0.676
202506 0.754 322.561 0.781
202509 0.903 324.800 0.928
202512 0.632 324.054 0.651
202603 0.657 330.213 0.664
202606 0.946 333.952 0.946

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 28.39 mean?
American States Water Co (FRA:FDK) has a Shiller PE Ratio of 28.39 as of Sep. 13, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on American States Water Co and its competitors. This is 26% below median its historical median of 38.40. Over the past decade, American States Water Co's Shiller PE Ratio has ranged from 24.99 to 57.47. According to the industry distribution chart, American States Water Co ranks #325 out of 399 companies in the Utilities - Regulated industry, placing it in the top 81.5%.
Is American States Water Co's Shiller PE Ratio too high?
American States Water Co's current Shiller PE Ratio of 28.39 is 26% below median its 10-year median of 38.40. Over the past 10 years, this metric has ranged from a low of 24.99 to a high of 57.47. The Utilities - Regulated industry median Shiller PE Ratio is 16.81. American States Water Co's value of 28.39 is 68.9% above this industry median. Based on the distribution chart, American States Water Co ranks #325 out of 399 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 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does American States Water Co's Shiller PE Ratio compare to CWT and HTO?
According to the Utilities - Regulated industry distribution chart, American States Water Co ranks #325 out of 399 companies for Shiller PE Ratio. This places American States Water Co in the lower half of its industry. The industry median Shiller PE Ratio is 16.81. American States Water Co's value of 28.39 is 68.9% above this benchmark. Historically, American States Water Co's own Shiller PE Ratio has ranged from 24.99 to 57.47 over the past decade. While the company's 10-year median is 38.40 vs. the industry median of 16.81, American States Water Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shiller PE Ratio for an Utilities - Regulated company?
The median Shiller PE Ratio among Utilities - Regulated companies is 16.81, based on 399 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller 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 Shiller PE Ratio of 28.39 is 68.9% 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on American States Water Co and its competitors. For the Utilities - Regulated industry, the median Shiller PE Ratio is 16.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. American States Water Co's current Shiller PE Ratio is 28.39, which is 26% below median its own 10-year median of 38.40. 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 (FRA:FDK) is currently considered Fairly Valued. The stock's GF Value™ is €73.28, compared to a current price of €74.10 — trading 1.1% above its estimated fair value. The current Shiller PE Ratio is 28.39, which is 26% below median its 10-year median of 38.40 and 68.9% above the Utilities - Regulated industry median of 16.81. American States Water Co's overall GF Score™ is 80/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For American States Water Co (FRA:FDK), the current Shiller PE Ratio is 28.39 as of Sep. 13, 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 (FRA:FDK) Overvalued in 2026?

Based on GuruFocus' analysis, American States Water Co stock appears to be overvalued. The current stock price of €74.10 is trading 1.1% above its estimated GF Value™ of €73.28. GuruFocus considers American States Water Co to be Fairly Valued.

Key valuation signals for FRA:FDK:

  • Shiller PE Ratio: 28.39 (26% below median its 10-year median of 38.40)
  • GF Value™: €73.28 vs. price of €74.10 (1.1% above fair value)
  • GF Score™: 80/100 with 5 warning signs
  • Industry Position: 68.9% above the Utilities - Regulated median (#325 of 399)

No single metric tells the full story. See the FRA:FDK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


American States Water Co Business Description

Other Exchanges AWR:USAFDK:Germany
Address 630 E. Foothill Boulevard, San Dimas, CA, USA, 91773-1212
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.
80GF Score

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Shiller PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€74.10
Price
€73.28
GF Value