As of Jul 25, 2024, the California Water Service Group stock's PE ratio is 21.06. This takes into account the latest EPS of $2.51 and stock price of $52.85. The PE ratio marks a decrease of 54% from its last 4 quarters average of 46.2.
The PE ratio of California Water Service Group has averaged 33.02 over the last ten years. The current P/E ratio of 21.06 is 36% lower than the historical average. Looking back at the last ten years, CWT's PE ratio peaked in the Sep 2023 quarter at 64.81, when the price was $47.31 and the EPS was $0.73. The lowest point was in the Mar 2015 quarter, when it reached 18.43 with a price of $24.51 and an EPS of $1.33.
Maximum annual increase: 66.37% in 2023
Maximum annual decrease: -30.31% in 2020
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 57 | 66.37% |
| 2022 | 34.26 | -6.55% |
| 2021 | 36.66 | 33.65% |
| 2020 | 27.43 | -30.31% |
| 2019 | 39.36 | 12.33% |
| 2018 | 35.04 | 17.43% |
| 2017 | 29.84 | -10.23% |
| 2016 | 33.24 | 34.25% |
| 2015 | 24.76 | 19.73% |
| 2014 | 20.68 | -8.58% |
CWT's current PE ratio is lower than its 3, 5 and 10-year averages.
In comparison to its peer stocks AWK and AWR, CWT's PE ratio is lower. California Water Service Group's PE ratio is trading below the peer average of 26.2.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CWT California Water Service Group | 21.08 | $3.06B |
| SJW Sjw Group | 22.8 | $1.96B |
| ARTNA Artesian Resources Corp | 23.12 | $404.33M |
| YORW York Water Co | 24.2 | $590.14M |
| AWR American States Water Co | 27 | $3.08B |
| AWK American Water Works Company Inc | 28.8 | $27.61B |
| MSEX Middlesex Water Co | 32.39 | $1.18B |
| PCYO Pure Cycle Corp | 42 | $262.9M |
| CDZI Cadiz Inc | N/A | $228.46M |
The price to earnings ratio for CWT stock is 21.06 as of Jul 25, 2024.
The 3-year average price to earnings ratio for CWT stock is 38.51.
The 5-year average price to earnings ratio for CWT stock is 36.92.
The highest quarterly PE ratio in the last ten years has been 64.81 and it was in the Sep 2023 quarter.
CWT's price to earnings ratio is currently 36% below its 10-year historical average.
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Jul 25, 2024), California Water Service Group's share price is $52.85. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $2.51. Therefore, California Water Service Group's PE ratio for today is 21.06. PE RATIO(21.06) = STOCK PRICE($52.85) / TTM EPS($2.51)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.