Back to MSEX overview

MSEX Middlesex Water PE ratio, current and historical analysis

As of Jun 20, 2024, the Middlesex Water stock's PE ratio is 25.31. This results from the current EPS of $2.04 and stock price of $51.64. The P/E ratio has a decrease of 26% from the past four quarters average of 34.3.

MSEX PE ratio history

How has MSEX's PE ratio performed in the past

The PE ratio of Middlesex Water has averaged 30.43 over the last ten years. The current PE ratio of 25.31 is 17% 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 Sep 2014 quarter, when it reached 17.66 with a price of $19.6 and an EPS of $1.11.

Average
30.43
Median
29.37
Minimum
17.66
Maximum
57.84

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

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

Currently, MSEX's PE ratio is below the 3, 5 and 10-year averages.

3-year avg
38.88
5-year avg
35.95
10-year avg
30.43
15-year avg
27.17

MSEX PE vs peers

What is MSEX's PE ratio compared to its peers

MSEX's PE ratio is lower than its peer stock AWK, but it is greater than CWT's and AWR's. Middlesex Water is presently trading at a higher PE ratio (25.31) than its peer group average of 21.73.

Stock name PE ratio Market cap
CWT California Water Service Group 19.16 $2.78B
SJW Sjw Group 19.64 $1.69B
ARTNA Artesian Resources Corp 20.89 $365.35M
YORW York Water Co 21.22 $517.41M
AWR American States Water Co 23.33 $2.66B
MSEX Middlesex Water Co 25.73 $935.65M
AWK American Water Works Company Inc 26.52 $25.42B
CDZI Cadiz Inc N/A $200.67M

Frequently asked questions

What is Middlesex Water's PE ratio?

MSEX stock has a price to earnings ratio of 25.31 as of Jun 20, 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 38.88.

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 35.95.

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 17% 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 (Jun 20, 2024), Middlesex Water's stock price is $51.64. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $2.04. Therefore, Middlesex Water's P/E ratio for today is 25.31. PE RATIO(25.31) = STOCK PRICE($51.64) / TTM EPS($2.04)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.