Middlesex Water Co P/E
What is the P/E of Middlesex Water Co?
The P/E of Middlesex Water Co. is 29.85
What is the definition of P/E?
Price to earnings ratio is the ratio of a company’s stock price to the company’s earnings per share calculated over trailing twelve months.
= previous day’s close / ttm EPS
The price to earnings ratio is the most widely used method for determining whether shares are accurately valued in relation to one another. But the P/E ratio does not in itself indicate whether the share is a bargain. The P/E ratio depends on the market’s perception of the risk and future growth in earnings. A company with a low P/E ratio indicates that the market perceives it as a higher risk or a lower growth or both as compared to a company with a higher price to earnings ratio. The P/E ratio of a listed company’s stock is the result of the collective perception of the market as to how risky the company is and what its earnings growth prospects are in relation to that of other companies. Investors use the P/E ratio to compare their own perception of the risk and growth of a company against the market’s collective perception of the risk and growth as reflected in the current P/E ratio.
P/E of companies in the Utilities sector on NASDAQ compared to Middlesex Water Co
What does Middlesex Water Co do?
middlesex water company (nasdaq:msex) provides a full range of regulated and non-regulated water, wastewater utility and related services in parts of new jersey, delaware and pennsylvania. middlesex water engages in collecting, treating, distributing and selling water for domestic, commercial, municipal, industrial and fire protection purposes. through its comprehensive suite of services including its latest offering -- turnkey renewable energy services, the middlesex water family of companies provide customers, small system owners, developers and municipalities with practical water and wastewater solutions that enhance quality of life and serve as the framework for economic development.
Companies with p/e similar to Middlesex Water Co
- Mylan N.V has P/E of 29.81
- Cirtek Ltd has P/E of 29.81
- Mindray Bio-Medical has P/E of 29.81
- iShares Trust - iShares MSCI EAFE ETF has P/E of 29.83
- Open Orphan plc has P/E of 29.83
- APA has P/E of 29.84
- Middlesex Water Co has P/E of 29.85
- Coffee Co Inc has P/E of 29.86
- Square Enix Co has P/E of 29.87
- Credit Acceptance has P/E of 29.87
- Bajaj Consumer Care has P/E of 29.88
- Interparfums has P/E of 29.89
- MMA Offshore has P/E of 29.89