The current PE ratio for Essential Utilities stock as of Dec 24, 2024 is 18.29. This is calculated based on the TTM EPS of $1.99 and the stock price of $36.4 per share. The PE ratio has decreased by 2.9% from its last 4 quarters average of 18.8.
The average historical PE ratio of Essential Utilities for the last ten years is 28.43. The current price-to-earnings ratio of 18.29 is 36% 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.
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% |
WTRG's current PE ratio is under its 3, 5 and 10-year averages.
WTRG's price to earnings ratio is 18.29 as of Dec 24, 2024.
The 3-year average PE ratio for WTRG stock is 23.41.
The 5-year average PE ratio for WTRG stock is 27.98.
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 36% 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 (Dec 24, 2024), Essential Utilities's share price is $36.4. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $1.99. Therefore, Essential Utilities's price to earnings ratio for today is 18.29. PE RATIO(18.29) = STOCK PRICE($36.4) / TTM EPS($1.99)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.