As of Nov 5, 2025, the HTO stock has a PE ratio of 15.03. The calculation is based on the latest EPS of $3.15 and the stock price of $47.33 per share. A decrease of 12% has been observed in the PE ratio compared to its average of 17.0 of the last four quarters.
The mean historical PE ratio of H2O America over the last ten years is 29.66. The current 15.03 P/E ratio is 49% lower than the historical average. Looking back at the last ten years, HTO's PE ratio peaked in the Dec 2019 quarter at 86.66, with a price of $71.06 and an EPS of $0.82. The Sep 2025 quarter marked the lowest point at 15.46, with a price of $48.7 and an EPS of $3.15.
Maximum annual increase: 185.16% in 2019
Maximum annual decrease: -62.95% in 2020
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 17.15 | -29.39% | $49.22 | $2.87 |
| 2023 | 24.29 | -26.99% | $65.35 | $2.69 |
| 2022 | 33.27 | -7.27% | $81.19 | $2.44 |
| 2021 | 35.88 | 11.74% | $73.2 | $2.04 |
| 2020 | 32.11 | -62.95% | $69.36 | $2.16 |
| 2019 | 86.66 | 185.16% | $71.06 | $0.82 |
| 2018 | 30.39 | 37.57% | $55.62 | $1.83 |
| 2017 | 22.09 | 2.22% | $63.83 | $2.89 |
| 2016 | 21.61 | 35.57% | $55.98 | $2.59 |
| 2015 | 15.94 | 27.01% | $29.65 | $1.86 |
| 2014 | 12.55 | -52.39% | $32.12 | $2.56 |
| 2013 | 26.36 | 18.9% | $29.79 | $1.13 |
| 2012 | 22.17 | 5.02% | $26.6 | $1.2 |
| 2011 | 21.11 | 5.29% | $23.64 | $1.12 |
| 2010 | 20.05 | -27.14% | $26.47 | $1.32 |
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Sep 2025 | 15.46 | -9.27% | $48.7 | $3.15 |
| Jun 2025 | 17.04 | -7.14% | $51.97 | $3.05 |
| Mar 2025 | 18.35 | 7% | $54.69 | $2.98 |
| Dec 2024 | 17.15 | -18.53% | $49.22 | $2.87 |
| Sep 2024 | 21.05 | 5.99% | $58.11 | $2.76 |
| Jun 2024 | 19.86 | -6.28% | $54.22 | $2.73 |
| Mar 2024 | 21.19 | -12.76% | $56.59 | $2.67 |
| Dec 2023 | 24.29 | 29.34% | $65.35 | $2.69 |
| Sep 2023 | 18.78 | -22.59% | $60.11 | $3.2 |
| Jun 2023 | 24.26 | -14.28% | $70.11 | $2.89 |
| Mar 2023 | 28.3 | -14.94% | $76.13 | $2.69 |
| Dec 2022 | 33.27 | 11.49% | $81.19 | $2.44 |
| Sep 2022 | 29.84 | -16.81% | $57.6 | $1.93 |
| Jun 2022 | 35.87 | 6.19% | $62.41 | $1.74 |
| Mar 2022 | 33.78 | -5.85% | $69.58 | $2.06 |
The current PE ratio of HTO is lower than its 3, 5 and 10-year averages.
H2O America's price to earnings (P/E) of 15.03 is lower than the Utilities sector, the industry and its peers average. In comparison with the Utilities sector average of 20.94, H2O America's price to earnings (P/E) is 28% lower.
In comparison to its peers AWK and AWR, HTO's PE ratio is lower, but it is higher than ARTNA's. H2O America's PE ratio is trading below the peer average of 20.99.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HTO H2O America | 15.04 | $1.7B |
| ARTNA Artesian Resources Corp | 15.06 | $337.05M |
| PCYO Pure Cycle Corp | 19.89 | $263.37M |
| CWT California Water Service Group | 20.36 | $2.78B |
| MSEX Middlesex Water Co | 22.22 | $973.74M |
| AWK American Water Works Company Inc | 22.94 | $25.47B |
| AWR American States Water Co | 23.05 | $2.89B |
| YORW York Water Co | 24.01 | $474.31M |
| CDZI Cadiz Inc | N/A | $394.51M |
The price to earnings ratio for HTO stock is 15.03 as of Nov 5, 2025.
The average PE ratio for HTO stock over the past 3 years is 21.58.
The average PE ratio for HTO stock over the past 5 years is 25.98.
The highest quarterly PE ratio in the last ten years has been 86.66 and it was in the Dec 2019 quarter.
HTO's current price to earnings ratio is 49% below its 10-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Nov 5, 2025), H2O America's share price is $47.33. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2025 is $3.15. Therefore, H2O America's PE ratio for today is 15.03. PE RATIO(15.03) = STOCK PRICE($47.33) / TTM EPS($3.15)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.