ARTNA Artesian Resources PE ratio, current and historical analysis
As of Nov 21, 2024, the Artesian Resources stock's PE ratio is 17.39. This results from the current EPS of $1.95 and stock price of $33.92. The P/E ratio has decreased by 19% from the past four quarters average of 21.4.
ARTNA PE ratio history
The PE ratio of Artesian Resources has averaged 23.21 over the last ten years. The current PE ratio of 17.39 is 25% 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.
Artesian Resources PE ratio by year
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% |
ARTNA average PE ratio chart
The current PE ratio of ARTNA is lower than the 3, 5 and 10-year averages.
ARTNA PE vs 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 (17.39) than its peer group average of 23.86.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CWT California Water Service Group | 14.8 | $3.06B |
| ARTNA Artesian Resources Corp | 17.39 | $349.31M |
| SJW Sjw Group | 20.05 | $1.84B |
| YORW York Water Co | 23.97 | $509.85M |
| AWK American Water Works Company Inc | 27.54 | $27.05B |
| AWR American States Water Co | 28.3 | $3.18B |
| MSEX Middlesex Water Co | 28.51 | $1.18B |
| CDZI Cadiz Inc | N/A | $241.34M |
Frequently asked questions
What is Artesian Resources's PE ratio?
ARTNA stock has a price to earnings ratio of 17.39 as of Nov 21, 2024.
What is the 3-year average PE ratio for Artesian Resources (ARTNA)?
The 3-year average PE ratio for ARTNA stock is 25.37.
What is the 5-year average PE ratio for Artesian Resources (ARTNA)?
The 5-year average PE ratio for ARTNA stock is 23.7.
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 25% 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 (Nov 21, 2024), Artesian Resources's stock price is $33.92. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $1.95. Therefore, Artesian Resources's P/E ratio for today is 17.39. PE RATIO(17.39) = STOCK PRICE($33.92) / TTM EPS($1.95)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.