Basis: FMP quote price / unrounded diluted EPS from four consecutive issuer fiscal quarters. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the P/E ratio high or low?
The P/E ratio of 20.54 is 37% below its 5-year average of 32.55, near the low end of its 5-year range (20.17–56.21).
As of 2026-10-06T15:47:30.145Z. 7.41% below its 12-month average of 22.18.
Calculation as of: 2026-10-06T15:47:30.145Z.
Quote observation: 2026-10-06T15:44:52.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 81659b9b285be40decefacd5c6a66465143a267efbf2536996cc99110c92b00c
PE Ratio (20.54) = Close Price ($53.41) / Diluted TTM EPS ($2.60)
PE RATIO
20.54
PE RATIO AVG TTM
22.18
PE RATIO AVG 3Y
26.81
PE RATIO AVG 5Y
32.55
PE RATIO AVG 10Y
30.43
PE RATIO AVG 15Y
27.61
PE RATIO AVG 20Y
25.44
CURRENT VS TTM AVG
-7.41%
CURRENT VS 3Y AVG
-23.39%
CURRENT VS 5Y AVG
-36.90%
CURRENT VS 10Y AVG
-32.50%
CURRENT VS 15Y AVG
-25.62%
CURRENT VS 20Y AVG
-19.26%
SECTOR MEDIAN · UTILITIES
19.86
median of 51 covered companies
CURRENT VS SECTOR MEDIAN
+3.42%
vs the sector median at left
Market Cap
$678.21M
PE Ratio
589.75
TTM Avg
192.58
3Y Avg
81.84
5Y Avg
61.17
Market Cap
$489.45M
PE Ratio
30.59
TTM Avg
31.03
3Y Avg
22.00
5Y Avg
27.80
Market Cap
$414.38M
PE Ratio
0.80
TTM Avg
1.08
3Y Avg
1.08
5Y Avg
1.08
Market Cap
$348.21M
PE Ratio
14.73
TTM Avg
14.85
3Y Avg
18.13
5Y Avg
21.67
| NAME | MARKET CAP | PE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Middlesex Water Company (MSEX) | $1.01B | 20.54 | 22.18 | 26.81 | 32.55 |
| XPLR Infrastructure, LP (XIFR)vs › | $980.44M | 15.52 | 13.63 | 11.78 | 11.78 |
| Hallador Energy Company (HNRG)vs › | $678.21M | 589.75 | 192.58 | 81.84 | 61.17 |
| Fluence Energy, Inc. (FLNC)vs › | $1.47B | N/A | 298.07 | 298.07 | 298.07 |
| Consolidated Water Co. Ltd. (CWCO)vs › | $489.45M | 30.59 | 31.03 | 22.00 | 27.80 |
| Terra Innovatum Global N.V. Ordinary shares (NKLR)vs › | $414.38M | 0.80 | 1.08 | 1.08 | 1.08 |
| Digi Power X Inc. (DGXX)vs › | $359.19M | N/A | 10.63 | 16.68 | 16.68 |
| Artesian Resources Corporation (ARTNA)vs › | $348.21M | 14.73 | 14.85 | 18.13 | 21.67 |
| Terrestrial Energy Inc. (IMSR)vs › | $333.77M | N/A | N/A | N/A | N/A |
| Cadiz Inc. (CDZI)vs › | $298.09M | N/A | N/A | N/A | N/A |
At 20.5, P/E is below its 20-year median — higher than 24% of readings in its 20-year history.
20-year low
12.3
median
23.8
20-year high
56.2
Trailing P/E
20.5
Forward P/E
20.1
Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.
Calculation:
Current Price
$53.41
Forward EPS (Est.)
$2.66
Forward P/E
20.05
Source: FMP Analyst Consensus Estimates. Forward EPS represents the average analyst estimate for the nearest fiscal year.
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
| DATE | PE RATIO |
|---|---|
| 2026-10-05 | 20.41 |
| 2026-10-02 | 20.60 |
| 2026-10-01 | 20.17 |
| 2026-09-30 | 20.37 |
| 2026-09-29 | 20.46 |
| 2026-09-28 | 20.17 |
| 2026-09-25 | 20.57 |
| 2026-09-24 | 20.35 |
| 2026-09-23 | 20.63 |
| 2026-09-22 | 21.12 |
| 2026-09-21 | 21.24 |
| 2026-09-18 | 21.28 |
| 2026-09-17 | 21.62 |
| 2026-09-16 | 21.66 |
| 2026-09-15 | 21.52 |
| 2026-09-14 | 21.73 |
| 2026-09-11 | 21.80 |
| 2026-09-10 | 21.99 |
| 2026-09-09 | 22.22 |
| 2026-09-08 | 22.43 |
| 2026-09-04 | 22.41 |
| 2026-09-03 | 22.49 |
| 2026-09-02 | 22.27 |
| 2026-09-01 | 22.37 |
| 2026-08-31 | 22.31 |
| 2026-08-28 | 22.50 |
| 2026-08-27 | 22.25 |
| 2026-08-26 | 22.50 |
| 2026-08-25 | 22.57 |
| 2026-08-24 | 22.87 |
| 2026-08-21 | 22.41 |
| 2026-08-20 | 22.60 |
| 2026-08-19 | 22.62 |
| 2026-08-18 | 22.62 |
| 2026-08-17 | 22.32 |
| 2026-08-14 | 22.59 |
| 2026-08-13 | 22.64 |
| 2026-08-12 | 22.41 |
| 2026-08-11 | 22.42 |
| 2026-08-10 | 22.21 |
| 2026-08-07 | 22.39 |
| 2026-08-06 | 22.07 |
| 2026-08-05 | 22.06 |
| 2026-08-04 | 22.17 |
| 2026-08-03 | 21.87 |
| 2026-07-31 | 22.04 |
| 2026-07-30 | 23.16 |
| 2026-07-29 | 23.76 |
| 2026-07-28 | 24.01 |
| 2026-07-27 | 23.31 |
| 2026-07-24 | 23.32 |
| 2026-07-23 | 23.37 |
| 2026-07-22 | 23.48 |
| 2026-07-21 | 23.24 |
| 2026-07-20 | 23.56 |
| 2026-07-17 | 23.83 |
| 2026-07-16 | 23.64 |
| 2026-07-15 | 22.72 |
| 2026-07-14 | 22.98 |
| 2026-07-13 | 23.00 |
| 2026-07-10 | 22.83 |
| 2026-07-09 | 22.63 |
| 2026-07-08 | 22.76 |
| 2026-07-07 | 23.16 |
| 2026-07-06 | 23.50 |
| 2026-07-02 | 23.88 |
| 2026-07-01 | 23.47 |
| 2026-06-30 | 23.30 |
| 2026-06-29 | 23.25 |
| 2026-06-26 | 23.02 |
| 2026-06-25 | 22.65 |
| 2026-06-24 | 22.41 |
| 2026-06-23 | 21.93 |
| 2026-06-22 | 21.49 |
| 2026-06-18 | 21.60 |
| 2026-06-17 | 21.51 |
| 2026-06-16 | 21.78 |
| 2026-06-15 | 21.87 |
| 2026-06-12 | 21.97 |
| 2026-06-11 | 21.77 |
| 2026-06-10 | 22.29 |
| 2026-06-09 | 22.34 |
| 2026-06-08 | 21.83 |
| 2026-06-05 | 22.15 |
| 2026-06-04 | 21.73 |
| 2026-06-03 | 21.55 |
| 2026-06-02 | 21.87 |
| 2026-06-01 | 21.49 |
| 2026-05-29 | 21.80 |
| 2026-05-28 | 21.65 |
| 2026-05-27 | 21.85 |
| 2026-05-26 | 21.61 |
| 2026-05-22 | 21.62 |
| 2026-05-21 | 21.47 |
| 2026-05-20 | 21.27 |
| 2026-05-19 | 21.15 |
| 2026-05-18 | 21.19 |
| 2026-05-15 | 20.86 |
| 2026-05-14 | 21.54 |
| 2026-05-13 | 21.59 |
| 2026-05-12 | 21.55 |
| 2026-05-11 | 21.51 |
| 2026-05-08 | 21.39 |
| 2026-05-07 | 21.33 |
| 2026-05-06 | 21.22 |
| 2026-05-05 | 21.13 |
| 2026-05-04 | 21.27 |
| 2026-05-01 | 21.13 |
| 2026-04-30 | 21.56 |
| 2026-04-29 | 22.03 |
| 2026-04-28 | 22.64 |
| 2026-04-27 | 22.53 |
| 2026-04-24 | 22.67 |
| 2026-04-23 | 23.02 |
| 2026-04-22 | 22.66 |
| 2026-04-21 | 22.39 |
| 2026-04-20 | 22.76 |
| 2026-04-17 | 21.74 |
| 2026-04-16 | 21.45 |
| 2026-04-15 | 21.44 |
| 2026-04-14 | 21.97 |
| 2026-04-13 | 22.01 |
| 2026-04-10 | 23.67 |
| 2026-04-09 | 23.50 |
| 2026-04-08 | 22.73 |
| 2026-04-07 | 22.52 |
| 2026-04-06 | 22.37 |
| 2026-04-02 | 22.80 |
| 2026-04-01 | 22.33 |
| 2026-03-31 | 22.06 |
| 2026-03-30 | 22.35 |
| 2026-03-27 | 21.95 |
| 2026-03-26 | 22.05 |
| 2026-03-25 | 21.66 |
| 2026-03-24 | 21.68 |
| 2026-03-23 | 21.58 |
| 2026-03-20 | 21.26 |
| 2026-03-19 | 21.61 |
| 2026-03-18 | 21.31 |
| 2026-03-17 | 21.74 |
| 2026-03-16 | 22.04 |
| 2026-03-13 | 22.20 |
| 2026-03-12 | 22.01 |
| 2026-03-11 | 21.78 |
| 2026-03-10 | 22.07 |
| 2026-03-09 | 22.90 |
| 2026-03-06 | 22.93 |
| 2026-03-05 | 22.78 |
| 2026-03-04 | 23.50 |
| 2026-03-03 | 23.50 |
| 2026-03-02 | 23.11 |
| 2026-02-27 | 22.88 |
| 2026-02-26 | 22.75 |
| 2026-02-25 | 23.14 |
| 2026-02-24 | 23.08 |
| 2026-02-23 | 23.22 |
| 2026-02-20 | 22.94 |
| 2025-02-28 | 21.80 |
| 2025-02-27 | 22.20 |
| 2025-02-26 | 22.52 |
| 2025-02-25 | 22.88 |
| 2025-02-24 | 22.28 |
| 2025-02-21 | 22.16 |
| 2025-02-20 | 22.06 |
| 2025-02-19 | 22.05 |
| 2025-02-18 | 22.40 |
| 2025-02-14 | 21.96 |
| 2025-02-13 | 22.04 |
| 2025-02-12 | 21.77 |
| 2025-02-11 | 21.99 |
| 2025-02-10 | 21.47 |
| 2025-02-07 | 21.48 |
| 2025-02-06 | 21.95 |
| 2025-02-05 | 22.03 |
| 2025-02-04 | 21.88 |
| 2025-02-03 | 22.02 |
| 2025-01-31 | 22.02 |
| 2025-01-30 | 22.17 |
| 2025-01-29 | 22.17 |
| 2025-01-28 | 22.52 |
| 2025-01-27 | 22.35 |
| 2025-01-24 | 21.17 |
| 2025-01-23 | 21.37 |
| 2025-01-22 | 21.23 |
| 2025-01-21 | 22.23 |
| 2025-01-17 | 22.20 |
| 2025-01-16 | 22.40 |
| 2025-01-15 | 21.75 |
| 2025-01-14 | 21.61 |
| 2025-01-13 | 21.43 |
| 2025-01-10 | 21.25 |
| 2025-01-08 | 21.89 |
| 2025-01-07 | 22.19 |
| 2025-01-06 | 21.86 |
| 2025-01-03 | 22.49 |
| 2025-01-02 | 22.34 |
| 2024-12-31 | 22.88 |
| 2024-12-30 | 23.15 |
| 2024-12-27 | 22.99 |
| 2024-12-26 | 23.33 |
| 2024-12-24 | 23.26 |
| 2024-12-23 | 23.33 |
| 2024-12-20 | 23.81 |
| 2024-12-19 | 23.84 |
| 2024-12-18 | 24.16 |
| 2024-12-17 | 25.63 |
| 2024-12-16 | 25.75 |
| 2024-12-13 | 25.83 |
| 2024-12-12 | 25.89 |
| 2024-12-11 | 26.05 |
| 2024-12-10 | 26.66 |
| 2024-12-09 | 26.22 |
| 2024-12-06 | 26.35 |
| 2024-12-05 | 26.55 |
| 2024-12-04 | 26.90 |
| 2024-12-03 | 27.22 |
| 2024-12-02 | 27.82 |
| 2024-11-29 | 28.45 |
| 2024-11-27 | 28.40 |
| 2024-11-26 | 28.94 |
| 2024-11-25 | 29.51 |
| 2024-11-22 | 28.91 |
| 2024-11-21 | 28.63 |
| 2024-11-20 | 28.56 |
| 2024-11-19 | 28.74 |
| 2024-11-18 | 28.61 |
| 2024-11-15 | 29.12 |
| 2024-11-14 | 28.69 |
| 2024-11-13 | 28.86 |
| 2024-11-12 | 29.13 |
| 2024-11-11 | 30.30 |
| 2024-11-08 | 30.26 |
| 2024-11-07 | 29.83 |
| 2024-11-06 | 29.83 |
| 2024-11-05 | 29.07 |
| 2024-11-04 | 27.94 |
| 2024-11-01 | 28.38 |
| 2024-10-31 | 29.70 |
| 2024-10-30 | 30.33 |
| 2024-10-29 | 30.83 |
| 2024-10-28 | 31.29 |
| 2024-10-25 | 30.75 |
| 2024-10-24 | 30.80 |
| 2024-10-23 | 31.53 |
| 2024-10-22 | 31.39 |
| 2024-10-21 | 31.52 |
| 2024-10-18 | 31.86 |
| 2024-10-17 | 32.00 |
| 2024-10-16 | 32.63 |
| 2024-10-15 | 31.66 |
| 2024-10-14 | 31.35 |
| 2024-10-11 | 30.69 |
| 2024-10-10 | 30.16 |
| 2024-10-09 | 30.64 |
| 2024-10-08 | 30.56 |
| 2024-10-07 | 30.26 |
| 2024-10-04 | 30.76 |
| 2024-10-03 | 30.72 |
| 2024-10-02 | 31.04 |
| 2024-10-01 | 31.50 |
Showing the most recent 260 of 4,786 data points. The chart above shows the full history.