According to Middlesex Water Company 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 32.1083. At the end of 2021 the company had a P/E ratio of 57.8.
Year | P/E ratio | Change |
---|---|---|
2021 | 57.8 | |
2019 | 31.5 | 16.8% |
2018 | 26.9 | -5.48% |
2017 | 28.5 | -7.72% |
2016 | 30.9 | 43.17% |
2015 | 21.6 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
![]() American Water Works AWK | 31.4 | -2.12% | ๐บ๐ธ USA |
![]() York Water YORW | 31.4 | -2.10% | ๐บ๐ธ USA |
![]() Cadiz CDZI | -6.27 | -119.54% | ๐บ๐ธ USA |
![]() Artesian Resources ARTNA | 24.5 | -23.65% | ๐บ๐ธ USA |
![]() SJW Group
SJW | 31.4 | -2.26% | ๐บ๐ธ USA |
![]() California Water Service CWT | 38.7 | 20.43% | ๐บ๐ธ USA |
![]() American States Water
AWR | 40.3 | 25.59% | 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.