American States Water price to book ratio AWR
Market value divided by the book value of the company's net assets, since 2011.
- Today, Oct 23, 2026
- 3.0×
- 10-year median
- 4.1×
- Against its 10-year history
- 10th
- percentile: 0 is its lowest day, 100 its highest
- 10-year range
- 2.7× to 6.0×
- Peer median
- 1.7×
American States Water's price to book ratio is 3.0× as of Oct 23, 2026.
That is below its ten-year median of 4.1×, lower than on 90% of days in the last ten years.
Over that time it ranged from 2.7× in Feb 2026 to 6.0× in Oct 2019.
The median for 8 water utilities of a similar size is 1.7×.
Price to book ratio over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 3.0× | 2.7× | 3.3× |
| 2025 | 2.8× | 2.8× | 3.3× |
| 2024 | 3.4× | 3.2× | 4.0× |
| 2023 | 3.9× | 3.7× | 5.1× |
| 2022 | 4.8× | 3.9× | 5.4× |
| 2021 | 5.6× | 4.1× | 5.6× |
| 2020 | 4.6× | 4.2× | 5.8× |
| 2019 | 5.4× | 4.3× | 6.0× |
| 2018 | 4.4× | 3.5× | 4.6× |
| 2017 | 4.0× | 3.1× | 4.0× |
| 2016 | 3.4× | 2.9× | 3.6× |
| 2015 | 3.3× | 2.8× | 3.3× |
| 2014 | 2.8× | 2.2× | 2.8× |
| 2013 | 2.3× | 1.1× | 2.7× |
| 2012 | 2.0× | 1.6× | 2.0× |
| 2011 | 1.6× | 1.6× | 1.7× |
Against its peers
Companies in Regulated Water nearest American States Water's size, closest first, today.
| Company | Price to book ratio |
|---|---|
| AWRAmerican States Water | 3.0× |
| CWTCalifornia Water Service | 1.6× |
| HTOH2O America | 1.3× |
| MSEXMiddlesex Water | 2.0× |
| WTRGEssential Utilities | 1.7× |
| YORWYork Water | 1.8× |
| CWCOConsolidated Water | 2.0× |
| AWKAmerican Water Works | 2.4× |
| ARTNAArtesian Resources | 1.4× |
| Peer median | 1.7× |
What the price to book ratio tells you
Market value divided by the accounting value of the company's net assets. Below 1 means the market values the business at less than what it owns on paper.
Book value misses brands, software and people, so asset-light companies always look expensive on it. Most useful for banks and industrials.
More on American States Water
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.