P/E ratio for Essential Utilities (WTRG)
P/E ratio as of July 2025 (TTM): 16.7
According to Essential Utilities 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.6816. At the end of 2024 the company had a P/E ratio of 16.7.
P/E ratio history for Essential Utilities from 2001 to 2025
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2024 | 16.7 | -16.2% |
| 2023 | 20.0 | -25.93% |
| 2022 | 27.0 | -15.12% |
| 2021 | 31.8 | -24.09% |
| 2020 | 41.8 | -10.84% |
| 2019 | 46.9 | 48.27% |
| 2018 | 31.7 | 8.94% |
| 2017 | 29.1 | 27.69% |
| 2016 | 22.8 | -13.7% |
| 2015 | 26.4 | 29.39% |
| 2014 | 20.4 | 8.35% |
| 2013 | 18.8 | 4.53% |
| 2012 | 18.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Middlesex Water Company
MSEX | 21.7 | 29.97% | 🇺🇸 USA |
 Sabesp SBS | 7.88 | -52.78% | 🇧🇷 Brazil |
How to read a P/E ratio?
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.