AWR Historical PE Ratio Notes

— American States Water Company (AWR) is a regulated utility specializing in the provision of water & electric services, principally in California, through its subsidiaries Golden State Water Company & Bear Valley Electric Service. Founded over 90 years ago, AWR's core business is delivering clean water to homes & businesses, and it also operates under long-term contracts to provide water & wastewater system operations on U.S. military bases. As a regulated utility, American States Water benefits from relatively stable & predictable revenue streams, as rates are determined by state commissions to ensure recovery of expenses & a reasonable return on investment. Historically, this stable business model has resulted in a premium price-to-earnings (PE) ratio compared to more cyclical sectors, because investors value the consistency of earnings & dividends. When reviewing historical PE ratio data for AWR, you’ll notice that its valuation tends to fluctuate less dramatically than many other companies, often reflecting periods of interest rate changes, broader market sentiment toward utilities, & evolving regulatory environments. The company's reliable growth and its exceptional record of dividend increases have also tended to support a higher PE over time, as investors seek safe, income-generating stocks in uncertain markets.

On this page we presented the AWR Historical PE Ratio information for American States Water' stock. The average AWR historical PE based on using the annualized quarterly earnings result at each measurement period (for the "E" in the PE calculation; and the closing price on earnings date as the "P") is 29.7. Meanwhile, using the trailing twelve month (TTM) quarterly earnings result as our method of calculation the "E" value at each measurement period, the average AWR historical PE based on this TTM earnings result method is 29.5.

Let's now compare this AWR historical PE result, against the recent PE: when this page was posted on 8/11/2026, the most recent closing price for AWR had been 87.54, and the most recent quarterly earnings result, annualized, was 4.36. Meanwhile, the most recent TTM earnings summed to 3.45. From these numbers, we calculate the recent AWR PE on 8/11/2026 based on annualized quarterly EPS was 20.1. Based on AWR's history, that recent PE is low relative to the historical average, with the recent PE 32.3% lower than the historical average PE across our data set for American States Water. Looking at the recent AWR PE on 8/11/2026 based on TTM EPS, we calculate the ratio at 25.4. Based on AWR's history, that recent PE is low relative to the historical average, with the recent PE 13.9% lower than the average PE across our American States Water data set with TTM EPS used in the calculation at each period.

Another interesting AWR historical PE Ratio calculation we look at is to take the median earnings per share of the last four quarters for AWR, and then annualize the resulting value... with that annualized number then being used in the PE calculation. To walk through this math for AWR, we start with the past four EPS numbers and we first sort them from lowest to highest: 0.74, 0.76, 0.86, and 1.09. We then toss out the highest and lowest result, and then take the average of those two middle numbers — 0.76 and 0.86 — which gives us the median of 0.81. Basically the way to think about this 0.81 number is this: for the trailing four earnings reports, 0.81 marks the "middle ground" number where AWR has reported a value higher than 0.81 half the time, and has reported a value lower than 0.81 half the time. Annualizing that median value then gets us to 3.24/share, which we use as the denominator in our next PE calculation. With 87.54 as the numerator (as of 8/11/2026), the calculation is then 87.54 / 3.24 = 27.0 as the AWR PE ratio as of 8/11/2026, based on that annualized median value we calculated.

For self directed investors doing their due diligence on AWR or any other given stock, valuation analysis for AWR can greatly benefit from studying the past earnings and resulting PE calculations. This exercise can help inform an analysis as to whether the past earnings trajectory and current versus historical PE ratios justify the current stock value.

That's why we bring you HistoricalPERatio.com to make it easy for investors to investigate American States Water PE history or the past PE information for any stock in our coverage universe. And in your continued research we hope you will be sure to check out the further links included for earnings surprises history (beat/miss data) as well as next earnings dates for AWR. Thanks for visiting, and the next time you need to research AWR Historical PE Ratio or the ratio for another stock, we hope you'll think of our site, as your go-to historical PE ratio research resource of choice.