Back to WTRG overview
#
WTRG Essential Utilities
PE ratio, current and historical analysis

## WTRG PE ratio history

### Essential Utilities PE ratio by year

## WTRG average PE ratio chart

## WTRG PE vs peers

## Frequently asked questions

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What is Essential Utilities's PE ratio?

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What is the 3-year average PE ratio for Essential Utilities (WTRG)?

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What is the 5-year average PE ratio for Essential Utilities (WTRG)?

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What is the highest PE ratio for WTRG?

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How does the current PE ratio for WTRG compare to its historical average?

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How is WTRG's PE ratio calculated (Essential Utilities PE ratio formula)?

The current PE ratio for Essential Utilities stock as of Aug 2, 2024 is 19.66. This is calculated based on the TTM EPS of $2.11 and the stock price of $41.49 per share. The current PE ratio is about the same compared to the last 4 quarters average.

How has WTRG's PE ratio performed in the past

The average historical PE ratio of Essential Utilities for the last ten years is 28.68. The current price-to-earnings ratio of 19.66 is 31% less than the historical average. Analyzing the last ten years, WTRG's PE ratio reached its highest point in the Sep 2019 quarter at 60.58, when the price was $44.83 and the EPS was $0.74. The lowest point was recorded in the Mar 2024 quarter, when it reached 17.56 with a price of $37.05 and an EPS of $2.11.

Average

28.68

Median

26.36

Minimum

17.56

Maximum

60.58

Maximum annual increase: 42.55% in 2019

Maximum annual decrease: -25.55% in 2023

Year | PE ratio | Change |
---|---|---|

2023 | 20.08 | -25.55% |

2022 | 26.97 | -15.61% |

2021 | 31.96 | -22.95% |

2020 | 41.48 | -8.09% |

2019 | 45.13 | 42.55% |

2018 | 31.66 | 8.95% |

2017 | 29.06 | 27.68% |

2016 | 22.76 | -12.93% |

2015 | 26.14 | 29.21% |

2014 | 20.23 | 8.07% |

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

WTRG's current PE ratio is under its 3, 5 and 10-year averages.

3-year avg

24.65

5-year avg

30.66

10-year avg

28.68

15-year avg

26.19

What is WTRG's PE ratio compared to its peers

WTRG's PE ratio is below its peer stock MSEX.

Stock name | PE ratio | Market cap |
---|---|---|

WTRG Essential Utilities Inc | 19.66 | $11.35B |

MSEX Middlesex Water Co | 32.3 | $1.19B |

WTRG's price to earnings ratio is 19.66 as of Aug 2, 2024.

The 3-year average PE ratio for WTRG stock is 24.65.

The 5-year average PE ratio for WTRG stock is 30.66.

Over the last ten years, the Sep 2019 quarter recorded the highest quarterly PE ratio at 60.58.

The current PE ratio of WTRG is 31% lower than the 10-year historical average.

To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Aug 2, 2024), Essential Utilities's share price is $41.49. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $2.11. Therefore, Essential Utilities's price to earnings ratio for today is 19.66. `PE RATIO(19.66) = STOCK PRICE($41.49) / TTM EPS($2.11)`

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