According to Artesian Resources's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.5756. At the end of 2022 the company had a P/E ratio of 30.8.
Year | P/E ratio | Change |
---|---|---|
2022 | 30.8 | 19.12% |
2021 | 25.9 | 25.64% |
2020 | 20.6 | -10.87% |
2019 | 23.1 | 3.4% |
2018 | 22.4 | -11.89% |
2017 | 25.4 | 11.99% |
2016 | 22.7 | 2.22% |
2015 | 22.2 | 4.96% |
2014 | 21.1 | -11.69% |
2013 | 23.9 | 21.5% |
2012 | 19.7 | -14.32% |
2011 | 23.0 | 22.39% |
2010 | 18.8 | -0.6% |
2009 | 18.9 | 3.35% |
2008 | 18.3 | -12.06% |
2007 | 20.8 | 5.29% |
2006 | 19.7 | -16.03% |
2005 | 23.5 | -6.02% |
2004 | 25.0 | -12.08% |
2003 | 28.4 | 63.92% |
2002 | 17.3 | -10.04% |
2001 | 19.3 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
American Water Works AWK | 25.4 | 17.52% | ๐บ๐ธ USA |
York Water YORW | 24.8 | 15.14% | ๐บ๐ธ USA |
Middlesex Water Company
MSEX | 25.0 | 15.87% | ๐บ๐ธ USA |
Cadiz CDZI | -4.68 | -121.68% | ๐บ๐ธ USA |
SJW Group
SJW | 17.7 | -17.78% | ๐บ๐ธ USA |
California Water Service CWT | 63.7 | 195.11% | ๐บ๐ธ USA |
American States Water
AWR | 22.9 | 5.96% | ๐บ๐ธ USA |
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.