American States Water Co PEG
What is the PEG of American States Water Co?
The PEG of American States Water Co. is 6.48
What is the definition of PEG?
Price/earnings to growth (PEG) ratio is a stock’s P/E ratio divided by a predicted growth rate of its earnings for a time period of 5 years.
= forward PE / 5-year EPS growth rate
The PEG ratio is calculated by dividing the P/E ratio by the company's expected earnings growth rate in the next 5 years. Since using just the P/E ratio would make high-growth companies appear overvalued relative to others, the PEG ratio is considered to be a convenient approximation. PEG is a widely employed indicator of a stock's possible true value.
Similar to P/E ratios, a lower PEG means that the stock is undervalued more. It is favored by many over the price/earnings ratio because it also accounts for growth. The PEG ratio of 1 is sometimes said to represent a fair trade-off between the values of cost and the values of growth, indicating that a stock is reasonably valued given the expected growth. A crude analysis suggests that companies with PEG values between 0 and 1 may provide higher returns. A PEG Ratio can also be a negative number if a stock's present income figure is negative, (negative earnings) or if future earnings are expected to drop (negative growth). PEG ratios calculated from negative present earnings are viewed with skepticism as almost meaningless, other than as an indication of high investment risk.
PEG of companies in the Utilities sector on NYSE compared to American States Water Co
What does American States Water Co do?
about the company: american states water company (awr) is the parent company of both golden state water company (gswc) and american states utility services, inc. (asus). through golden state water company, awr provides water service to approximately 258,000 customers located within 75 communities throughout 10 counties in northern, coastal and southern california. the company also distributes electricity to approximately 24,000 customers in the city of big bear and surrounding areas in san bernardino county, california through the services of bear valley electric services (bves). through its contracted services subsidiary, american states utility services, inc. (asus), the company provides operations, maintenance and construction management services for water and wastewater systems located on military bases throughout the country through 50-year privatization contracts with the u.s. government. american states water company has paid dividends to shareholders every year since 1931, incr
Companies with peg similar to American States Water Co
- Ørsted A/S has PEG of 6.36
- Radnet Inc has PEG of 6.37
- First Quantum Minerals has PEG of 6.40
- Cameco has PEG of 6.42
- Cirrus Logic has PEG of 6.42
- Navios Maritime Acquisition Corp has PEG of 6.45
- American States Water Co has PEG of 6.48
- Sumitomo Mitsui Inc has PEG of 6.49
- Paragon GmbH & Co. KGaA has PEG of 6.50
- TLG Immobilien AG has PEG of 6.50
- Lazard has PEG of 6.51
- Mitsubishi UFJ has PEG of 6.52
- Boeing Co has PEG of 6.53