MSEX Middlesex Water PE ratio, current and historical analysis
As of Nov 21, 2024, the Middlesex Water stock's PE ratio is 28.51. This results from the current EPS of $2.31 and stock price of $65.85. The current PE ratio is nearly equal to the average from the previous four quarters.
MSEX PE ratio history
The PE ratio of Middlesex Water has averaged 30.82 over the last ten years. The current PE ratio of 28.51 is 7% below the historical average. Over the past ten years, MSEX's PE ratio was at its highest in the Dec 2021 quarter at 57.84, when the stock price was $120.3 and the EPS was $2.08. The lowest value was in the Jun 2015 quarter, when it reached 19.12 with a price of $22.56 and an EPS of $1.18.
Middlesex Water PE ratio by year
Maximum annual increase: 74.8% in 2021
Maximum annual decrease: -43.33% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 37.07 | 13.09% |
| 2022 | 32.78 | -43.33% |
| 2021 | 57.84 | 74.8% |
| 2020 | 33.09 | 5.15% |
| 2019 | 31.47 | 16.21% |
| 2018 | 27.08 | -5.68% |
| 2017 | 28.71 | -7.06% |
| 2016 | 30.89 | 43.14% |
| 2015 | 21.58 | 6.67% |
| 2014 | 20.23 | 0.5% |
MSEX average PE ratio chart
Currently, MSEX's PE ratio is below the 3, 5 and 10-year averages.
MSEX PE vs peers
MSEX's PE ratio is higher than its peer stocks AWK and AWR. Middlesex Water is presently trading at a higher PE ratio (28.51) than its peer group average of 22.01.
| 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 Middlesex Water's PE ratio?
MSEX stock has a price to earnings ratio of 28.51 as of Nov 21, 2024.
What is the 3-year average PE ratio for Middlesex Water (MSEX)?
The average PE ratio for MSEX stock over the past 3 years is 36.23.
What is the 5-year average PE ratio for Middlesex Water (MSEX)?
The average PE ratio for MSEX stock over the past 5 years is 35.55.
What is the highest PE ratio for MSEX?
Over the last ten years, the quarterly PE ratio reached a historic high of 57.84 in the Dec 2021 quarter.
How does the current PE ratio for MSEX compare to its historical average?
MSEX's price to earnings ratio is currently 7% below its 10-year historical average.
How is MSEX's PE ratio calculated (Middlesex Water 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), Middlesex Water's stock price is $65.85. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $2.31. Therefore, Middlesex Water's P/E ratio for today is 28.51. PE RATIO(28.51) = STOCK PRICE($65.85) / TTM EPS($2.31)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.