P/E ratio for Unitil Corporation (UTL)
P/E ratio as of May 2024 (TTM): 20.2
According to Unitil Corporation 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.2481. At the end of 2022 the company had a P/E ratio of 19.8.
P/E ratio history for Unitil Corporation from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 19.8 | 2.19% |
| 2021 | 19.4 | -5.76% |
| 2020 | 20.6 | -1.08% |
| 2019 | 20.8 | -8.34% |
| 2018 | 22.7 | 2.54% |
| 2017 | 22.1 | -5.24% |
| 2016 | 23.4 | 23.11% |
| 2015 | 19.0 | -7.33% |
| 2014 | 20.5 | 5.49% |
| 2013 | 19.4 | 13.88% |
| 2012 | 17.1 | -9.87% |
| 2011 | 18.9 | -25.95% |
| 2010 | 25.6 | 33.42% |
| 2009 | 19.2 | 53.01% |
| 2008 | 12.5 | -33.28% |
| 2007 | 18.8 | 4.33% |
| 2006 | 18.0 | 7.9% |
| 2005 | 16.7 | -14.63% |
| 2004 | 19.5 | 19.52% |
| 2003 | 16.3 | -19.01% |
| 2002 | 20.2 | -84.49% |
| 2001 | 130 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Consolidated Edison ED | 13.9 | -31.33% | 🇺🇸 USA |
 NiSource
NI | 18.0 | -11.13% | 🇺🇸 USA |
 PSEG PEG | 13.2 | -34.78% | 🇺🇸 USA |
 NorthWestern Corporation
NWE | 17.5 | -13.79% | 🇺🇸 USA |
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.