American States Water Company

AWR Utilities Utilities Regulated Water

American States Water Company’s revenue for fiscal 2025 (year ended December 2025) was $658.1 million, up 10.5% from fiscal 2024.

Revenue
+5.37%
EPS
0.00%
Free cash flow
−126.3%
Total debt
−8.97%

Quarter to September 2026, against a year earlier

88.90 2.03 +2.34%
Market cap
$3.4B
P/E
24.3×
Fwd P/E
23.3×
Dividend yield
2.93%
F-score
5/9
Altman Z
1.84
Beneish M
−2.53
Dividend safety
52/100

American States Water Company (AWR) P/B ratio

Alert me on P/B ratio

As of 4 November 2026, American States Water Company (AWR) trades at a P/B ratio of 3.1×. Over the past ten years it has ranged from 2.6× (February 2026) to 6.0× (September 2019); the current reading is higher than 20% of that period. That is above the Utilities Regulated Water industry median of 1.7× and above the Utilities sector median of 1.7×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 2.7× (15.56%)
FY2024 3.2× (17.44%)
FY2023 3.8× (22.64%)
FY2022 5.0× (11.00%)
FY2021 5.6× 21.83%
FY2020 4.6× (13.82%)
FY2019 5.3× 20.19%
FY2018 4.4× 13.14%
FY2017 3.9× 17.31%
FY2016 3.3× (1.26%)

Quarterly newest first

Period P/B ratio Change
Sep 2026 2.9× (1.50%)
Jun 2026 2.9× 4.26%
Mar 2026 2.8× 4.03%
Dec 2025 2.7× (4.62%)
43 more quarters

Against its own ten years

Low 2.6× High 6.0×
Ten-year median 3.8×
Current reading's percentile 15

P/B ratio against peers

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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