P/E ratio for United Utilities (UU.L)
P/E ratio at the end of 2023: 35.8
According to United Utilities's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3740.1. At the end of 2023 the company had a P/E ratio of 35.8.
P/E ratio history for United Utilities from 2004 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 35.8 | -127.83% |
| 2022 | -129 | -1118.83% |
| 2021 | 12.6 | -79.42% |
| 2020 | 61.3 | 316.44% |
| 2019 | 14.7 | 19.52% |
| 2018 | 12.3 | -21.44% |
| 2017 | 15.7 | 12.46% |
| 2016 | 13.9 | -30.78% |
| 2015 | 20.1 | 260.95% |
| 2014 | 5.58 | -57.7% |
| 2013 | 13.2 | 29.65% |
| 2012 | 10.2 | 46.34% |
| 2011 | 6.95 | -12.31% |
| 2010 | 7.93 | -48.68% |
| 2009 | 15.4 | 497.72% |
| 2008 | 2.58 | -55.68% |
| 2007 | 5.83 | -63.44% |
| 2006 | 15.9 | 64.86% |
| 2005 | 9.67 | 95.08% |
| 2004 | 4.96 |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.