ARTNA Artesian Resources PE ratio, current and historical analysis

As of Apr 17, 2025, the Artesian Resources stock's PE ratio is 17.51. This results from the current EPS of $1.98 and stock price of $34.66. The P/E ratio has decreased by 9% from the past four quarters average of 19.2.

ARTNA PE ratio history

How has ARTNA's PE ratio performed in the past

The PE ratio of Artesian Resources has averaged 23.18 over the last ten years. The current PE ratio of 17.51 is 24% 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 Dec 2024 quarter, when it reached 15.97 with a price of $31.62 and an EPS of $1.98.

Today
17.51
Average
23.18
Median
22.61
Minimum
15.97
Maximum
30.83

Artesian Resources PE ratio by year

Maximum annual increase: 25.63% in 2021

Maximum annual decrease: -35.66% in 2024

Year PE ratio PE change Price EPS
2024 15.97 -35.66% $31.62 $1.98
2023 24.82 -19.49% $41.45 $1.67
2022 30.83 19.13% $58.58 $1.9
2021 25.88 25.63% $46.33 $1.79
2020 20.6 -10.86% $37.08 $1.8
2019 23.11 2.71% $37.21 $1.61
2018 22.5 -11.31% $34.87 $1.55
2017 25.37 12.81% $38.56 $1.52
2016 22.49 2.32% $31.94 $1.42
2015 21.98 4.12% $27.7 $1.26
2014 21.11 -12.62% $22.59 $1.07
2013 24.16 22.76% $22.95 $0.95
2012 19.68 -13.27% $22.43 $1.14
2011 22.69 20.95% $18.83 $0.83
2010 18.76 -0.64% $18.95 $1.01

Artesian Resources PE ratio by quarter (TTM)

Year PE ratio PE change Price EPS
Dec 2024 15.97 -16.26% $31.62 $1.98
Sep 2024 19.07 -3.44% $37.18 $1.95
Jun 2024 19.75 -9.53% $35.16 $1.78
Mar 2024 21.83 -12.05% $37.11 $1.7
Dec 2023 24.82 -7.8% $41.45 $1.67
Sep 2023 26.92 -1.93% $41.99 $1.56
Jun 2023 27.45 -10.26% $47.22 $1.72
Mar 2023 30.59 -0.78% $55.36 $1.81
Dec 2022 30.83 26.87% $58.58 $1.9
Sep 2022 24.3 -7.57% $48.12 $1.98
Jun 2022 26.29 -1.46% $49.17 $1.87
Mar 2022 26.68 3.09% $48.55 $1.82
Dec 2021 25.88 22.02% $46.33 $1.79
Sep 2021 21.21 3.82% $38.17 $1.8
Jun 2021 20.43 -6.11% $36.77 $1.8

ARTNA average PE ratio chart

What is the average PE ratio of ARTNA for the past years

The current PE ratio of ARTNA is lower than the 3, 5 and 10-year averages.

3-year avg
24.35
5-year avg
23.39
10-year avg
23.18
15-year avg
22.42

ARTNA PE vs peers

What is ARTNA's PE ratio compared to its peers

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 (17.51) than its peer group average of 22.97.

Stock name PE ratio Market cap
CWT California Water Service Group 15.61 $3.03B
ARTNA Artesian Resources Corp 17.51 $357.1M
SJW Sjw Group 19.03 $1.84B
YORW York Water Co 25.08 $512.55M
MSEX Middlesex Water Co 25.27 $1.12B
AWR American States Water Co 25.28 $3.06B
AWK American Water Works Company Inc 27.53 $28.93B
CDZI Cadiz Inc N/A $222.46M

Frequently asked questions

What is Artesian Resources's PE ratio?

ARTNA stock has a price to earnings ratio of 17.51 as of Apr 17, 2025.

What is the 3-year average PE ratio for Artesian Resources (ARTNA)?

The 3-year average PE ratio for ARTNA stock is 24.35.

What is the 5-year average PE ratio for Artesian Resources (ARTNA)?

The 5-year average PE ratio for ARTNA stock is 23.39.

What is the highest PE ratio for ARTNA?

The highest quarterly PE ratio in the last ten years has been 30.83 and it was in the Dec 2022 quarter.

How does the current PE ratio for ARTNA compare to its historical average?

ARTNA's price to earnings ratio is currently 24% below its 10-year historical average.

How is ARTNA's PE ratio calculated (Artesian Resources PE ratio formula)?

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 (Apr 17, 2025), Artesian Resources's stock price is $34.66. The earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $1.98. Therefore, Artesian Resources's P/E ratio for today is 17.51. PE RATIO(17.51) = STOCK PRICE($34.66) / TTM EPS($1.98)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.