The PE ratio for Aris Water Solutions stock stands at 20.98 as of Oct 29, 2024. This is calculated based on the current EPS of $0.75 and the stock price of $15.74 per share. An increase of 12% has been seen in the P/E ratio compared to the average of 18.7 of the last 4 quarters.
Over the last three years, the average PE ratio of Aris Water Solutions has been 86.12. The current 20.98 PE ratio is 76% below the historical average. Over the past three years, ARIS's PE ratio was at its highest in the Dec 2022 quarter at 360.25, with a price of $14.41 and an EPS of $0.04. The Dec 2023 quarter recorded the bottom point at 14.22, with a price of $8.39 and an EPS of $0.59.
Maximum annual increase: 39.09% in 2022
Maximum annual decrease: -96.05% in 2023
Year | PE ratio | Change |
---|---|---|
2023 | 14.22 | -96.05% |
2022 | 360.25 | 39.09% |
2021 | 259 | N/A |
2020 | N/A | N/A |
2019 | N/A | N/A |
Currently, ARIS's PE ratio is below the 3-year average.
Compared to its peers AWK and AWR, ARIS's PE ratio stands lower, however it is higher than WTRG's and CWT's. Aris Water Solutions's PE ratio is trading below the peer group average of 21.57.
Stock name | PE ratio | Market cap |
---|---|---|
CWCO Consolidated Water Co Ltd | 9.26 | $379.87M |
CWT California Water Service Group | 16.86 | $3.02B |
ARTNA Artesian Resources Corp | 18.87 | $345.72M |
WTRG Essential Utilities Inc | 19 | $10.6B |
SJW Sjw Group | 20.09 | $1.84B |
ARIS Aris Water Solutions Inc | 21.73 | $946.92M |
YORW York Water Co | 22.16 | $509.28M |
AWK American Water Works Company Inc | 27.68 | $26.43B |
AWR American States Water Co | 28.69 | $3.08B |
MSEX Middlesex Water Co | 30.19 | $1.11B |
ARIS stock has a price to earnings ratio of 20.98 as of Oct 29, 2024.
As an average over the last 3 years, ARIS stock has a PE ratio of 86.12.
In the last three years, the Dec 2022 quarter recorded the highest quarterly PE ratio at 360.25.
The current price to earnings ratio of ARIS is 76% lower than the 3-year historical average.
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 (Oct 29, 2024), Aris Water Solutions's stock price is $15.74. The earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $0.75. Therefore, Aris Water Solutions's P/E ratio for today is 20.98. PE RATIO(20.98) = STOCK PRICE($15.74) / TTM EPS($0.75)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.