As of Sep 6, 2024, the Artesian Resources stock's PE ratio is 20.46. This results from the current EPS of $1.78 and stock price of $36.41. The P/E ratio has decreased by 12% from the past four quarters average of 23.3.
The PE ratio of Artesian Resources has averaged 23.23 over the last ten years. The current PE ratio of 20.46 is 12% below the historical average. In the past ten years, ARTNA's PE ratio was at its highest in the Dec 2022 quarter at 30.83, when the stock price was $58.58 and the EPS was $1.9. The lowest value was in the Jun 2015 quarter, when it reached 16.87 with a price of $21.09 and an EPS of $1.25.
Maximum annual increase: 25.63% in 2021
Maximum annual decrease: -19.49% in 2023
Year | PE ratio | Change |
---|---|---|
2023 | 24.82 | -19.49% |
2022 | 30.83 | 19.13% |
2021 | 25.88 | 25.63% |
2020 | 20.6 | -10.86% |
2019 | 23.11 | 2.71% |
2018 | 22.5 | -11.31% |
2017 | 25.37 | 12.81% |
2016 | 22.49 | 2.32% |
2015 | 21.98 | 4.12% |
2014 | 21.11 | -12.62% |
The current PE ratio of ARTNA is lower than the 3, 5 and 10-year averages.
ARTNA's PE ratio is lower than its peer stocks AWK and AWR, but it is greater than CWT's. Artesian Resources is presently trading at a lower PE ratio (20.46) than its peer group average of 25.12.
Stock name | PE ratio | Market cap |
---|---|---|
CWT California Water Service Group | 17.86 | $3.19B |
ARTNA Artesian Resources Corp | 20.46 | $374.86M |
SJW Sjw Group | 21.58 | $1.93B |
YORW York Water Co | 23.71 | $544.9M |
AWR American States Water Co | 28.22 | $3.03B |
AWK American Water Works Company Inc | 29.38 | $28.05B |
MSEX Middlesex Water Co | 29.96 | $1.11B |
CDZI Cadiz Inc | N/A | $205.05M |
ARTNA stock has a price to earnings ratio of 20.46 as of Sep 6, 2024.
The 3-year average PE ratio for ARTNA stock is 25.55.
The 5-year average PE ratio for ARTNA stock is 23.91.
The highest quarterly PE ratio in the last ten years has been 30.83 and it was in the Dec 2022 quarter.
ARTNA's price to earnings ratio is currently 12% below its 10-year historical average.
The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Sep 6, 2024), Artesian Resources's stock price is $36.41. The earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $1.78. Therefore, Artesian Resources's P/E ratio for today is 20.46. PE RATIO(20.46) = STOCK PRICE($36.41) / TTM EPS($1.78)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.