MSEX Middlesex Water PE ratio, current and historical analysis
- Stocks
- Utilities
- NASDAQ: MSEX
- PE Ratio
As of Jun 4, 2025, the Middlesex Water stock's PE ratio is 23.29. This results from the current EPS of $2.41 and stock price of $56.14. The P/E ratio has a decrease of 8% from the past four quarters average of 25.3.
MSEX PE ratio history
The PE ratio of Middlesex Water has averaged 31.02 over the last ten years. The current PE ratio of 23.29 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 | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 21.22 | -42.76% | $52.63 | $2.48 |
| 2023 | 37.07 | 13.09% | $65.62 | $1.77 |
| 2022 | 32.78 | -43.33% | $78.67 | $2.4 |
| 2021 | 57.84 | 74.8% | $120.3 | $2.08 |
| 2020 | 33.09 | 5.15% | $72.47 | $2.19 |
| 2019 | 31.47 | 16.21% | $63.57 | $2.02 |
| 2018 | 27.08 | -5.68% | $53.35 | $1.97 |
| 2017 | 28.71 | -7.06% | $39.91 | $1.39 |
| 2016 | 30.89 | 43.14% | $42.94 | $1.39 |
| 2015 | 21.58 | 6.67% | $26.54 | $1.23 |
| 2014 | 20.23 | 0.5% | $23.06 | $1.14 |
| 2013 | 20.13 | -7.36% | $20.94 | $1.04 |
| 2012 | 21.73 | -1% | $19.56 | $0.9 |
| 2011 | 21.95 | 14.86% | $18.66 | $0.85 |
| 2010 | 19.11 | -20.84% | $18.35 | $0.96 |
Middlesex Water PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2025 | 26.6 | 25.35% | $64.1 | $2.41 |
| Dec 2024 | 21.22 | -24.86% | $52.63 | $2.48 |
| Sep 2024 | 28.24 | 11.84% | $65.24 | $2.31 |
| Jun 2024 | 25.25 | -1.9% | $52.26 | $2.07 |
| Mar 2024 | 25.74 | -30.56% | $52.5 | $2.04 |
| Dec 2023 | 37.07 | 3.52% | $65.62 | $1.77 |
| Sep 2023 | 35.81 | -6.77% | $66.25 | $1.85 |
| Jun 2023 | 38.41 | 0.31% | $80.66 | $2.1 |
| Mar 2023 | 38.29 | 16.81% | $78.12 | $2.04 |
| Dec 2022 | 32.78 | 2.34% | $78.67 | $2.4 |
| Sep 2022 | 32.03 | -17.81% | $77.2 | $2.41 |
| Jun 2022 | 38.97 | -12.19% | $87.68 | $2.25 |
| Mar 2022 | 44.38 | -23.27% | $105.17 | $2.37 |
| Dec 2021 | 57.84 | 19.88% | $120.3 | $2.08 |
| Sep 2021 | 48.25 | 30.48% | $102.78 | $2.13 |
MSEX Price vs fair value
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 HTO's. Middlesex Water is presently trading at a higher PE ratio (23.29) than its peer group average of 21.0.
| Stock name | PE ratio | Market cap |
|---|---|---|
| ARTNA Artesian Resources Corp | 16.22 | $347.69M |
| HTO H2O America | 17.35 | $1.77B |
| CWT California Water Service Group | 20.05 | $2.72B |
| MSEX Middlesex Water Co | 23.29 | $1.01B |
| YORW York Water Co | 23.41 | $461.82M |
| AWR American States Water Co | 23.67 | $2.95B |
| AWK American Water Works Company Inc | 25.29 | $27.08B |
| CDZI Cadiz Inc | N/A | $252.18M |
Frequently asked questions
What is Middlesex Water's PE ratio?
MSEX stock has a price to earnings ratio of 23.29 as of Jun 4, 2025.
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 31.7.
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 34.9.
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 (Jun 4, 2025), Middlesex Water's stock price is $56.14. The earnings per share for the trailing twelve months (TTM) ending Mar 2025 is $2.41. Therefore, Middlesex Water's P/E ratio for today is 23.29. PE RATIO(23.29) = STOCK PRICE($56.14) / TTM EPS($2.41)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.