Question 1

What is Avista's P/E ratio?

Accepted Answer

Avista (AVA) P/E ratio is 16.9× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month earnings (net income), using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/E ratio calculated?

Accepted Answer

P/E = Share Price ÷ Trailing Twelve-Month (TTM) Diluted EPS, or equivalently Market Capitalisation ÷ TTM Net Income. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/E ratio?

Accepted Answer

The price-to-earnings (P/E) ratio, also called the earnings multiple, measures how much investors pay per dollar of a company's trailing twelve-month (TTM) earnings. It is calculated as share price ÷ TTM diluted EPS (equivalent to market capitalisation ÷ TTM net income). A higher P/E implies the market is pricing in stronger future earnings growth or lower risk; a lower P/E can signal slower expected growth, higher risk, or potential undervaluation.

Question 4

What is a good P/E ratio for Avista?

Accepted Answer

There is no universal "good" P/E. As a rule of thumb, the S&P 500 has historically averaged a P/E in the mid-to-high teens; mature, slow-growth businesses commonly trade in the 10–18× range, while high-growth or asset-light companies often trade at 25–50×+. What matters is the comparison to sector peers and to the company's own historical range. For Avista specifically, the relevant sector benchmark is the current sector median of 21.4×.

Question 5

Is Avista's P/E ratio high or low?

Accepted Answer

Avista's P/E ratio of 16.9× is below its own 5-year average of 18.1× and below the sector median of 21.4×. That places the current reading at the 42th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Avista's historical P/E ratio range?

Accepted Answer

In the available daily series, Avista (AVA) P/E ratio has ranged from a low of 9.5× in 2009 to a high of 44.1× in 2002. The 5-year average is 18.1× and the 5-year median is 17.4×.

Question 7

What was Avista's P/E ratio in 2025?

Accepted Answer

Avista (AVA) P/E ratio at the end of 2025 was 16.3×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month earnings figure available at that date.

Question 8

Why does Avista's P/E ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (earnings). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$3.14B	$193M	16.3×	-0.1×	Dec 31, 2025
2024	$2.93B	$180M	16.3×	+0.0×	Dec 31, 2024
2023	$2.79B	$171M	16.3×	-5.1×	Dec 31, 2023
2022	$3.32B	$155M	21.4×	+0.8×	Dec 31, 2022
2021	$3.04B	$147M	20.6×	-0.9×	Dec 31, 2021
2020	$2.78B	$129M	21.5×	+5.1×	Dec 31, 2020
2019	$3.22B	$197M	16.3×	-4.1×	Dec 31, 2019
2018	$2.79B	$136M	20.5×	-8.3×	Dec 31, 2018
2017	$3.34B	$116M	28.8×	+9.9×	Dec 31, 2017
2016	$2.57B	$136M	18.9×	+1.0×	Dec 31, 2016
2015	$2.21B	$123M	18.0×	+6.5×	Dec 31, 2015
2014	$2.2B	$192M	11.5×	-3.8×	Dec 31, 2014
2013	$1.69B	$111M	15.3×	-3.2×	Dec 31, 2013
2012	$1.44B	$78.2M	18.4×	+3.4×	Dec 31, 2012
2011	$1.51B	$100M	15.1×	+1.1×	Dec 31, 2011
2010	$1.29B	$92.4M	14.0×	+0.4×	Dec 31, 2010
2009	$1.18B	$87.1M	13.6×	-0.8×	Dec 31, 2009
2008	$1.06B	$73.6M	14.4×	-15.3×	Dec 31, 2008
2007	$1.14B	$38.5M	29.7×	+11.4×	Dec 31, 2007
2006	$1.33B	$73.1M	18.2×	-0.9×	Dec 31, 2006
2005	$864M	$45.2M	19.1×	-5.2×	Dec 31, 2005
2004	$857M	$35.2M	24.4×	+4.7×	Dec 31, 2004
2003	$876M	$44.5M	19.7×	+1.9×	Dec 31, 2003
2002	$556M	$31.3M	17.8×	—	Dec 31, 2002


MDU Resources Group (MDU)	22.5×
American States Water (AWR)	22.1×
Middlesex Water (MSEX)	21.8×
Evergy (EVRG)	21.4×
H2O America (HTO)	21.2×
CMS Energy (CMS)	21.1×
Essential Utilities (WTRG)	20.5×
Ameren (AEE)	19.9×
Duke Energy (DUK)	19.8×
MGE Energy (MGEE)	19.8×
American Electric Power Company (AEP)	19.4×
Consolidated Edison (ED)	19.1×
Pinnacle West Capital (PNW)	18.7×
Dominion Energy (D)	18.3×
Black Hills (BKH)	18.2×
Exelon (EXC)	18.1×
Public Service Enterprise Group (PEG)	17.8×
Northwest Natural Holding (NWN)	17.7×
New Jersey Resources (NJR)	16.2×
Eversource Energy (ES)	14.9×
Artesian Resources (ARTNA)	14.1×
PG&E (PCG)	13.1×
UGI (UGI)	12.2×
Edison International (EIX)	7.6×
AES (AES)	7.5×

P/E Ratio for Avista (AVA) 2002-2026

P/E Ratio daily chart for Avista (AVA)

Historical P/E Ratio for Avista (AVA) from 2002 to 2025

About P/E Ratio at Avista (AVA)

Avista P/E Ratio by Year

Avista P/E Ratio 2025: 16.3×

Avista P/E Ratio 2024: 16.3×

Avista P/E Ratio 2023: 16.3×

Avista P/E Ratio 2022: 21.4×

Avista P/E Ratio 2021: 20.6×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

Avista (AVA) Key Financials