Basis: FMP quote price / unrounded FMP forward EPS in the trading currency, available after its recorded retrieval time. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 14.73 as of 2026-10-06T12:50:32.115Z.
Consensus retrieved: 2026-10-06T09:00:09.009Z. This records retrieval, including cache reads, rather than vendor publication. The calculation uses the separately dated price and estimate available at its as-of time.
Calculation as of: 2026-10-06T12:50:32.115Z.
Quote observation: 2026-10-05T20:00:01.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: f086dce111c9cf329c09dab23456800bf227819c73d87c39cf05f69de0e9c26f
Forward PE Ratio (14.73) = Dated Quote Price ($33.44) / Consensus Forward EPS ($2.27)
FORWARD PE RATIO
14.73
SECTOR MEDIAN · UTILITIES
16.95
median of 42 covered companies
CURRENT VS SECTOR MEDIAN
-13.07%
vs the sector median at left
Artesian Resources Corporation
Market Cap
$345.25M
Forward PE Ratio
14.73
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Artesian Resources Corporation (ARTNA) | $345.25M | 14.73 |
| Digi Power X Inc. (DGXX)vs › | $367.57M | N/A |
| Terrestrial Energy Inc. (IMSR)vs › | $310.19M | N/A |
| Cadiz Inc. (CDZI)vs › | $300.19M | N/A |
| Cadiz Inc. (CDZIP)vs › | $251.20M | N/A |
| Global Water Resources, Inc. (GWRS)vs › | $230.40M | 82.86 |
| Consolidated Water Co. Ltd. (CWCO)vs › | $485.13M | 33.32 |
| Hallador Energy Company (HNRG)vs › | $657.47M | N/A |
| Fusion Fuel Green PLC (HTOO)vs › | $14.76M | N/A |
| XPLR Infrastructure, LP (XIFR)vs › | $960.64M | 8.51 |
Trailing P/E
14.6
reported TTM EPS
Forward P/E
14.7
consensus EPS · fiscal year ending 2026-12-31
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $2.27 implies -0.9% EPS decline vs the reported trailing $2.29.
At the dated quote price of $33.44, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $2.27 | $2.27 – $2.27 | 1 | 14.7x |
| 2027-12-31 | $2.43 | $2.43 – $2.43 | 1 | 13.8x |
| 2028-12-31 | $2.54 | $2.54 – $2.54 | 1 | 13.2x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
