MSEX Middlesex Water PE ratio, current and historical analysis
As of Dec 24, 2024, the Middlesex Water stock's PE ratio is 23.16. This results from the current EPS of $2.31 and stock price of $53.5. The P/E ratio has a decrease of 20% from the past four quarters average of 29.1.
MSEX PE ratio history
The PE ratio of Middlesex Water has averaged 30.82 over the last ten years. The current PE ratio of 23.16 is 25% 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 lower than its peer stocks AWK and AWR, but it is greater than CWT's and SJW's. Middlesex Water is presently trading at a higher PE ratio (23.16) than its peer group average of 20.13.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CWT California Water Service Group | 13.15 | $2.71B |
| ARTNA Artesian Resources Corp | 16.03 | $321.91M |
| SJW Sjw Group | 17.95 | $1.65B |
| YORW York Water Co | 22.3 | $474.35M |
| MSEX Middlesex Water Co | 23.16 | $955.25M |
| AWK American Water Works Company Inc | 24.95 | $24.5B |
| AWR American States Water Co | 26.38 | $2.96B |
| CDZI Cadiz Inc | N/A | $318.78M |
Frequently asked questions
What is Middlesex Water's PE ratio?
MSEX stock has a price to earnings ratio of 23.16 as of Dec 24, 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 25% 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 (Dec 24, 2024), Middlesex Water's stock price is $53.5. 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 23.16. PE RATIO(23.16) = STOCK PRICE($53.5) / TTM EPS($2.31)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.