Question 1

What is Artesian Resources's P/E ratio?

Accepted Answer

Artesian Resources (ARTNA) P/E ratio is 14.6× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month earnings (net income), using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/E ratio calculated?

Accepted Answer

P/E = Share Price ÷ Trailing Twelve-Month (TTM) Diluted EPS, or equivalently Market Capitalisation ÷ TTM Net Income. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/E ratio?

Accepted Answer

The price-to-earnings (P/E) ratio, also called the earnings multiple, measures how much investors pay per dollar of a company's trailing twelve-month (TTM) earnings. It is calculated as share price ÷ TTM diluted EPS (equivalent to market capitalisation ÷ TTM net income). A higher P/E implies the market is pricing in stronger future earnings growth or lower risk; a lower P/E can signal slower expected growth, higher risk, or potential undervaluation.

Question 4

What is a good P/E ratio for Artesian Resources?

Accepted Answer

There is no universal "good" P/E. As a rule of thumb, the S&P 500 has historically averaged a P/E in the mid-to-high teens; mature, slow-growth businesses commonly trade in the 10–18× range, while high-growth or asset-light companies often trade at 25–50×+. What matters is the comparison to sector peers and to the company's own historical range. For Artesian Resources specifically, the relevant sector benchmark is the current sector median of 21.4×.

Question 5

Is Artesian Resources's P/E ratio high or low?

Accepted Answer

Artesian Resources's P/E ratio of 14.6× is below its own 5-year average of 22.0× and below the sector median of 21.4×. That places the current reading at the 6th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Artesian Resources's historical P/E ratio range?

Accepted Answer

In the available daily series, Artesian Resources (ARTNA) P/E ratio has ranged from a low of 13.8× in 2026 to a high of 31.6× in 2022. The 5-year average is 22.0× and the 5-year median is 21.5×.

Question 7

What was Artesian Resources's P/E ratio in 2025?

Accepted Answer

Artesian Resources (ARTNA) P/E ratio at the end of 2025 was 14.3×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month earnings figure available at that date.

Question 8

Why does Artesian Resources's P/E ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (earnings). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$326.03M	$22.82M	14.3×	-1.7×	Dec 31, 2025
2024	$325.69M	$20.39M	16.0×	-9.5×	Dec 31, 2024
2023	$426.15M	$16.70M	25.5×	-5.4×	Dec 31, 2023
2022	$556.33M	$18.00M	30.9×	+5.0×	Dec 31, 2022
2021	$435.69M	$16.83M	25.9×	+5.2×	Dec 31, 2021
2020	$347.37M	$16.82M	20.7×	-2.5×	Dec 31, 2020
2019	$345.94M	$14.93M	23.2×	-5.8×	Dec 31, 2019
2018	$322.83M	$11.13M	29.0×	+3.6×	Dec 31, 2018
2017	$355.64M	$13.98M	25.4×	+2.9×	Dec 31, 2017
2016	$291.77M	$12.96M	22.5×	+0.3×	Dec 31, 2016
2015	$251.13M	$11.30M	22.2×	+1.0×	Dec 31, 2015
2014	$201.44M	$9.51M	21.2×	-3.3×	Dec 31, 2014
2013	$202.99M	$8.30M	24.5×	+4.6×	Dec 31, 2013
2012	$195.70M	$9.85M	19.9×	-4.2×	Dec 31, 2012
2011	$162.43M	$6.75M	24.1×	+5.1×	Dec 31, 2011
2010	$144.99M	$7.62M	19.0×	+0.1×	Dec 31, 2010
2009	$137.56M	$7.26M	18.9×	+0.6×	Dec 31, 2009
2008	$117.79M	$6.42M	18.4×	-3.7×	Dec 31, 2008
2007	$138.22M	$6.26M	22.1×	+2.3×	Dec 31, 2007
2006	$120.14M	$6.07M	19.8×	-3.8×	Dec 31, 2006
2005	$118.91M	$5.04M	23.6×	-1.7×	Dec 31, 2005
2004	$111.57M	$4.40M	25.4×	-3.0×	Dec 31, 2004
2003	$109.11M	$3.85M	28.4×	+9.8×	Dec 31, 2003
2002	$76.43M	$4.12M	18.6×	-0.8×	Dec 31, 2002
2001	$63.45M	$3.27M	19.4×	—	Dec 31, 2001


Alliant Energy (LNT)	22.5×
American States Water (AWR)	22.1×
Middlesex Water (MSEX)	21.8×
Evergy (EVRG)	21.4×
H2O America (HTO)	21.2×
CMS Energy (CMS)	21.1×
Essential Utilities (WTRG)	20.5×
Ameren (AEE)	19.9×
Duke Energy (DUK)	19.8×
MGE Energy (MGEE)	19.8×
American Electric Power Company (AEP)	19.4×
Consolidated Edison (ED)	19.1×
Pinnacle West Capital (PNW)	18.7×
Dominion Energy (D)	18.3×
Black Hills (BKH)	18.2×
Exelon (EXC)	18.1×
Public Service Enterprise Group (PEG)	17.8×
Northwest Natural Holding (NWN)	17.7×
New Jersey Resources (NJR)	16.2×
Avista (AVA)	16.0×
Eversource Energy (ES)	14.9×
PG&E (PCG)	13.1×
UGI (UGI)	12.2×
Edison International (EIX)	7.6×
AES (AES)	7.5×

P/E Ratio for Artesian Resources (ARTNA)

P/E Ratio daily chart for Artesian Resources (ARTNA)

Historical P/E Ratio for Artesian Resources (ARTNA) from 2001 to 2025

About P/E Ratio at Artesian Resources (ARTNA)

Artesian Resources P/E Ratio by Year

Artesian Resources P/E Ratio 2025: 14.3×

Artesian Resources P/E Ratio 2024: 16.0×

Artesian Resources P/E Ratio 2023: 25.5×

Artesian Resources P/E Ratio 2022: 30.9×

Artesian Resources P/E Ratio 2021: 25.9×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

Artesian Resources (ARTNA) Key Financials

P/E Ratio daily chart for Artesian Resources (ARTNA)

Historical P/E Ratio for Artesian Resources (ARTNA) from 2001 to 2025

About P/E Ratio at Artesian Resources (ARTNA)

Artesian Resources P/E Ratio by Year

Artesian Resources P/E Ratio 2025: 14.3×

Artesian Resources P/E Ratio 2024: 16.0×

Artesian Resources P/E Ratio 2023: 25.5×

Artesian Resources P/E Ratio 2022: 30.9×

Artesian Resources P/E Ratio 2021: 25.9×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

+What is Artesian Resources's P/E ratio?

+How is the P/E ratio calculated?

+What is the P/E ratio?

+What is a good P/E ratio for Artesian Resources?

+Is Artesian Resources's P/E ratio high or low?

+What is Artesian Resources's historical P/E ratio range?

+What was Artesian Resources's P/E ratio in 2025?

+Why does Artesian Resources's P/E ratio change over time?

Artesian Resources (ARTNA) Key Financials