Middlesex Water Company
MSEX
#4211
Rank
$1.36 B
Marketcap
$77.35
Share price
1.55%
Change (1 day)
-24.69%
Change (1 year)

P/E ratio for Middlesex Water Company (MSEX)

P/E ratio as of March 2023 (TTM): 32.1

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.

P/E ratio history for Middlesex Water Company from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202157.8
201931.516.8%
201826.9-5.48%
201728.5-7.72%
201630.943.17%
201521.6

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
31.4-2.12%๐Ÿ‡บ๐Ÿ‡ธ USA
31.4-2.10%๐Ÿ‡บ๐Ÿ‡ธ USA
-6.27-119.54%๐Ÿ‡บ๐Ÿ‡ธ USA
24.5-23.65%๐Ÿ‡บ๐Ÿ‡ธ USA
31.4-2.26%๐Ÿ‡บ๐Ÿ‡ธ USA
38.7 20.43%๐Ÿ‡บ๐Ÿ‡ธ USA
40.3 25.59%๐Ÿ‡บ๐Ÿ‡ธ USA

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.