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 20.49 is 16% below its 5-year average of 24.50, near the low end of its 5-year range (14.11–43.52).
As of 2026-10-06T20:57:09.054Z. 8.83% above its 12-month average of 18.83.
Calculation as of: 2026-10-06T20:57:09.054Z.
Quote observation: 2026-10-06T20:00:01.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 9312dbed0ab52b0319df66566535e81e96fb3b33008de9b3b705eca23efb91be
PE Ratio (20.49) = Close Price ($58.18) / Diluted TTM EPS ($2.84)
PE RATIO
20.49
PE RATIO AVG TTM
18.83
PE RATIO AVG 3Y
19.31
PE RATIO AVG 5Y
24.50
PE RATIO AVG 10Y
26.26
PE RATIO AVG 15Y
23.52
PE RATIO AVG 20Y
23.20
CURRENT VS TTM AVG
+8.83%
CURRENT VS 3Y AVG
+6.10%
CURRENT VS 5Y AVG
-16.38%
CURRENT VS 10Y AVG
-21.98%
CURRENT VS 15Y AVG
-12.88%
CURRENT VS 20Y AVG
-11.69%
SECTOR MEDIAN · UTILITIES
19.97
median of 54 covered companies
CURRENT VS SECTOR MEDIAN
+2.60%
vs the sector median at left
Market Cap
$2.00B
PE Ratio
15.54
TTM Avg
17.89
3Y Avg
17.17
5Y Avg
17.46
Market Cap
$3.25B
PE Ratio
110.50
TTM Avg
109.40
3Y Avg
109.40
5Y Avg
109.40
| NAME | MARKET CAP | PE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| H2O America (HTO) | $2.44B | 20.49 | 18.83 | 19.31 | 24.50 |
| ReNew Energy Global Plc (RNW)vs › | $2.50B | 20.96 | 20.54 | 23.41 | 23.41 |
| newcleo plc Ordinary Shares (NWCL)vs › | $2.32B | N/A | N/A | N/A | N/A |
| MGE Energy, Inc. (MGEE)vs › | $2.66B | 17.34 | 20.86 | 23.74 | 24.47 |
| Northwest Natural Holding Company (NWN)vs › | $2.00B | 15.54 | 17.89 | 17.17 | 17.46 |
| Avista Corporation (AVA)vs › | $2.95B | 12.66 | 16.24 | 15.97 | 17.74 |
| SOLV Energy, Inc. Class A Common Stock (MWH)vs › | $3.25B | 110.50 | 109.40 | 109.40 | 109.40 |
| Fluence Energy, Inc. (FLNC)vs › | $1.48B | N/A | 298.07 | 298.07 | 298.07 |
| Middlesex Water Company (MSEX)vs › | $996.84M | 20.35 | 22.18 | 26.81 | 32.77 |
| XPLR Infrastructure, LP (XIFR)vs › | $978.55M | 15.49 | 13.63 | 11.78 | 11.78 |
At 20.5, P/E is below its 20-year median — higher than 35% of readings in its 20-year history.
20-year low
10.1
median
22.4
20-year high
95.5
Trailing P/E
20.5
Forward P/E
20.5
Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.
Calculation:
Current Price
$58.18
Forward EPS (Est.)
$2.83
Forward P/E
20.53
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 | 20.58 |
| 2026-10-02 | 21.17 |
| 2026-10-01 | 21.20 |
| 2026-09-30 | 21.70 |
| 2026-09-29 | 21.71 |
| 2026-09-28 | 21.61 |
| 2026-09-25 | 21.93 |
| 2026-09-24 | 21.89 |
| 2026-09-23 | 21.90 |
| 2026-09-22 | 22.15 |
| 2026-09-21 | 22.05 |
| 2026-09-18 | 22.07 |
| 2026-09-17 | 22.21 |
| 2026-09-16 | 22.23 |
| 2026-09-15 | 22.00 |
| 2026-09-14 | 21.96 |
| 2026-09-11 | 22.06 |
| 2026-09-10 | 22.19 |
| 2026-09-09 | 22.64 |
| 2026-09-08 | 22.82 |
| 2026-09-04 | 22.65 |
| 2026-09-03 | 22.73 |
| 2026-09-02 | 22.34 |
| 2026-09-01 | 22.46 |
| 2026-08-31 | 22.31 |
| 2026-08-28 | 22.38 |
| 2026-08-27 | 22.22 |
| 2026-08-26 | 22.42 |
| 2026-08-25 | 22.50 |
| 2026-08-24 | 22.71 |
| 2026-08-21 | 22.35 |
| 2026-08-20 | 22.62 |
| 2026-08-19 | 22.37 |
| 2026-08-18 | 22.29 |
| 2026-08-17 | 22.26 |
| 2026-08-14 | 22.48 |
| 2026-08-13 | 22.29 |
| 2026-08-12 | 22.03 |
| 2026-08-11 | 21.93 |
| 2026-08-10 | 21.57 |
| 2026-08-07 | 22.06 |
| 2026-08-06 | 21.75 |
| 2026-08-05 | 21.76 |
| 2026-08-04 | 21.90 |
| 2026-08-03 | 21.51 |
| 2026-07-31 | 21.60 |
| 2026-07-30 | 21.82 |
| 2026-07-29 | 22.45 |
| 2026-07-28 | 22.00 |
| 2026-07-27 | 21.75 |
| 2026-07-24 | 21.86 |
| 2026-07-23 | 21.89 |
| 2026-07-22 | 21.89 |
| 2026-07-21 | 21.92 |
| 2026-07-20 | 22.10 |
| 2026-07-17 | 22.41 |
| 2026-07-16 | 22.05 |
| 2026-07-15 | 21.46 |
| 2026-07-14 | 21.55 |
| 2026-07-13 | 21.39 |
| 2026-07-10 | 21.05 |
| 2026-07-09 | 21.05 |
| 2026-07-08 | 21.00 |
| 2026-07-07 | 21.15 |
| 2026-07-06 | 20.96 |
| 2026-07-02 | 21.38 |
| 2026-07-01 | 20.80 |
| 2026-06-30 | 20.81 |
| 2026-06-29 | 20.89 |
| 2026-06-26 | 20.78 |
| 2026-06-25 | 20.49 |
| 2026-06-24 | 20.26 |
| 2026-06-23 | 19.71 |
| 2026-06-22 | 19.42 |
| 2026-06-18 | 19.41 |
| 2026-06-17 | 19.32 |
| 2026-06-16 | 19.61 |
| 2026-06-15 | 19.59 |
| 2026-06-12 | 19.54 |
| 2026-06-11 | 19.40 |
| 2026-06-10 | 19.78 |
| 2026-06-09 | 19.74 |
| 2026-06-08 | 19.24 |
| 2026-06-05 | 19.67 |
| 2026-06-04 | 19.37 |
| 2026-06-03 | 19.21 |
| 2026-06-02 | 19.74 |
| 2026-06-01 | 19.51 |
| 2026-05-29 | 19.80 |
| 2026-05-28 | 19.61 |
| 2026-05-27 | 19.86 |
| 2026-05-26 | 19.73 |
| 2026-05-22 | 19.91 |
| 2026-05-21 | 19.72 |
| 2026-05-20 | 19.49 |
| 2026-05-19 | 19.30 |
| 2026-05-18 | 19.35 |
| 2026-05-15 | 18.92 |
| 2026-05-14 | 19.13 |
| 2026-05-13 | 19.36 |
| 2026-05-12 | 19.61 |
| 2026-05-11 | 19.65 |
| 2026-05-08 | 19.85 |
| 2026-05-07 | 19.58 |
| 2026-05-06 | 19.73 |
| 2026-05-05 | 19.86 |
| 2026-05-04 | 19.63 |
| 2026-05-01 | 19.43 |
| 2026-04-30 | 19.24 |
| 2026-04-29 | 19.75 |
| 2026-04-28 | 20.29 |
| 2026-04-27 | 20.40 |
| 2026-04-24 | 20.45 |
| 2026-04-23 | 21.00 |
| 2026-04-22 | 20.56 |
| 2026-04-21 | 20.31 |
| 2026-04-20 | 20.60 |
| 2026-04-17 | 19.88 |
| 2026-04-16 | 20.35 |
| 2026-04-15 | 19.94 |
| 2026-04-14 | 19.90 |
| 2026-04-13 | 19.93 |
| 2026-04-10 | 20.43 |
| 2026-04-09 | 20.50 |
| 2026-04-08 | 19.93 |
| 2026-04-07 | 20.13 |
| 2026-04-06 | 20.13 |
| 2026-04-02 | 20.27 |
| 2026-04-01 | 20.01 |
| 2026-03-31 | 20.09 |
| 2026-03-30 | 20.20 |
| 2026-03-27 | 19.85 |
| 2026-03-26 | 19.83 |
| 2026-03-25 | 19.42 |
| 2026-03-24 | 19.33 |
| 2026-03-23 | 19.35 |
| 2026-03-20 | 19.28 |
| 2026-03-19 | 19.34 |
| 2026-03-18 | 19.52 |
| 2026-03-17 | 19.88 |
| 2026-03-16 | 20.10 |
| 2026-03-13 | 20.18 |
| 2026-03-12 | 19.64 |
| 2026-03-11 | 19.24 |
| 2026-03-10 | 19.62 |
| 2026-03-09 | 20.06 |
| 2026-03-06 | 19.93 |
| 2026-03-05 | 19.35 |
| 2026-03-04 | 19.83 |
| 2026-03-03 | 19.38 |
| 2026-03-02 | 18.63 |
| 2026-02-27 | 18.42 |
| 2026-02-26 | 17.14 |
| 2026-02-25 | 17.52 |
| 2026-02-24 | 17.41 |
| 2026-02-23 | 17.52 |
| 2026-02-20 | 17.52 |
| 2026-02-19 | 17.49 |
| 2026-02-18 | 17.32 |
| 2026-02-17 | 17.31 |
| 2026-02-13 | 17.43 |
| 2026-02-12 | 16.95 |
| 2026-02-11 | 16.50 |
| 2026-02-10 | 16.58 |
| 2026-02-09 | 16.28 |
| 2026-02-06 | 16.63 |
| 2026-02-05 | 17.02 |
| 2026-02-04 | 16.80 |
| 2026-02-03 | 16.73 |
| 2026-02-02 | 16.67 |
| 2026-01-30 | 16.52 |
| 2026-01-29 | 16.48 |
| 2026-01-28 | 16.27 |
| 2026-01-27 | 16.63 |
| 2026-01-26 | 16.74 |
| 2026-01-23 | 16.61 |
| 2026-01-22 | 16.69 |
| 2026-01-21 | 16.77 |
| 2026-01-20 | 16.72 |
| 2026-01-16 | 17.02 |
| 2026-01-15 | 17.15 |
| 2026-01-14 | 17.06 |
| 2026-01-13 | 16.54 |
| 2026-01-12 | 16.45 |
| 2026-01-09 | 16.38 |
| 2026-01-08 | 16.04 |
| 2026-01-07 | 16.04 |
| 2026-01-06 | 16.08 |
| 2026-01-05 | 15.83 |
| 2026-01-02 | 15.63 |
| 2025-12-31 | 15.55 |
| 2025-12-30 | 15.64 |
| 2025-12-29 | 15.52 |
| 2025-12-26 | 15.50 |
| 2025-12-24 | 15.68 |
| 2025-12-23 | 15.70 |
| 2025-12-22 | 15.81 |
| 2025-12-19 | 15.54 |
| 2025-12-18 | 15.86 |
| 2025-12-17 | 15.89 |
| 2025-12-16 | 15.67 |
| 2025-12-15 | 15.51 |
| 2025-12-12 | 15.57 |
| 2025-12-11 | 15.38 |
| 2025-12-10 | 15.22 |
| 2025-12-09 | 14.79 |
| 2025-12-08 | 14.79 |
| 2025-12-05 | 15.21 |
| 2025-12-04 | 15.09 |
| 2025-12-03 | 15.24 |
| 2025-12-02 | 15.06 |
| 2025-12-01 | 14.88 |
| 2025-11-28 | 14.74 |
| 2025-11-26 | 14.72 |
| 2025-11-25 | 14.62 |
| 2025-11-24 | 14.28 |
| 2025-11-21 | 14.20 |
| 2025-11-20 | 14.11 |
| 2025-11-19 | 14.11 |
| 2025-11-18 | 14.59 |
| 2025-11-17 | 14.95 |
| 2025-11-14 | 15.03 |
| 2025-11-13 | 15.06 |
| 2025-11-12 | 14.92 |
| 2025-11-11 | 14.94 |
| 2025-11-10 | 14.81 |
| 2025-11-07 | 15.13 |
| 2025-11-06 | 15.02 |
| 2025-11-05 | 15.03 |
| 2025-11-04 | 15.09 |
| 2025-11-03 | 14.67 |
| 2025-10-31 | 14.68 |
| 2025-10-30 | 14.65 |
| 2025-10-29 | 14.79 |
| 2025-10-28 | 16.16 |
| 2025-10-27 | 16.74 |
| 2025-10-24 | 16.62 |
| 2025-10-23 | 16.64 |
| 2025-10-22 | 16.50 |
| 2025-10-21 | 16.68 |
| 2025-10-20 | 16.75 |
| 2025-10-17 | 16.47 |
| 2025-10-16 | 16.38 |
| 2025-10-15 | 16.01 |
| 2025-10-14 | 15.69 |
| 2025-10-13 | 15.67 |
| 2025-10-10 | 15.98 |
| 2025-10-09 | 15.87 |
| 2025-10-08 | 15.74 |
| 2025-10-07 | 15.61 |
| 2025-10-06 | 15.44 |
| 2025-10-03 | 15.45 |
| 2025-10-02 | 15.32 |
| 2025-10-01 | 15.50 |
| 2025-09-30 | 15.97 |
| 2025-09-29 | 15.74 |
| 2025-09-26 | 15.87 |
| 2025-09-25 | 15.74 |
| 2025-09-24 | 15.89 |
| 2025-09-23 | 15.99 |
Showing the most recent 260 of 5,030 data points. The chart above shows the full history.