ARTNB (Artesian Resources) Book Value per Share: $24.50 (As of Mar. 2026)


ARTNB Artesian Resources Corp ARTNB
75 GF Score
Price $33.51
GF Value $36.40
! 3 Warning Signs
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What is Artesian Resources Book Value per Share?

Artesian Resources ARTNB 75 Book Value per Share is $24.50 as of Mar. 2026. GuruFocus rates ARTNB with a GF Score™ of 75/100 and a GF Value™ of $36.40. The stock has 3 warning signs investors should review.

Artesian Resources's book value per share for the quarter that ended in Mar. 2026 was $24.50.

During the past 12 months, Artesian Resources's average Book Value Per Share Growth Rate was 4.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 7.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 5.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Artesian Resources was 8.00% per year. The lowest was 1.30% per year. And the median was 4.20% per year.

Artesian Resources's current price is $33.51. Its book value per share for the quarter that ended in Mar. 2026 was $24.50. Hence, today's PB Ratio of Artesian Resources is 1.37.

During the past 13 years, the highest P/B Ratio of Artesian Resources was 3.11. The lowest was 1.26. And the median was 2.14.


Artesian Resources  (OTCPK:ARTNB) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Artesian Resources Book Value per Share Related Terms


Artesian Resources Book Value per Share Historical Data

* Premium members only.

The historical data trend for Artesian Resources's Book Value per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Artesian Resources Book Value per Share Chart

Artesian Resources Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.91 19.78 22.40 23.22 24.30

Artesian Resources Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.45 23.75 24.13 24.30 24.50

ARTNB vs CDZI, PCYO, CWCO: Book Value per Share Comparison

For the Utilities - Regulated Water subindustry, Artesian Resources's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Artesian Resources PB Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Artesian Resources's PB Ratio distribution charts can be found below:

* The bar in red indicates where Artesian Resources's PB Ratio falls into.


ARTNB
75GF Score
Artesian Resources Corp ARTNB
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Artesian Resources Book Value per Share Calculation

Artesian Resources's Book Value Per Share for the fiscal year that ended in Dec. 2025 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(249.9-0.0)/10.3
=24.29

Artesian Resources's Book Value Per Share for the quarter that ended in Mar. 2026 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(252.8-0.0)/10.3
=24.50

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Frequently Asked Questions Learn more about Book Value per Share →
What does a Book Value per Share of $24.50 mean?
Artesian Resources (ARTNB) has a Book Value per Share of $24.50 as of Mar. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Artesian Resources and its competitors.
Is Artesian Resources' Book Value per Share too high?
Artesian Resources' current Book Value per Share is $24.50. Overall, Artesian Resources has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Artesian Resources' Book Value per Share compare to CDZI and PCYO?
Artesian Resources' Book Value per Share of $24.50 can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Book Value per Share for an Utilities - Regulated company?
A good Book Value per Share depends on the Utilities - Regulated industry context. However, Book Value per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Book Value per Share mean?
A high Book Value per Share can signal that a stock is expensive relative to its fundamentals. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Artesian Resources and its competitors. Artesian Resources's current Book Value per Share is $24.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Artesian Resources stock overvalued right now?
Artesian Resources (ARTNB) has a current Book Value per Share of $24.50. The stock's GF Value™ is $36.40, compared to a current price of $33.51 — trading 7.9% below its estimated fair value. The current Book Value per Share is $24.50. Artesian Resources' overall GF Score™ is 75/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Book Value per Share calculated?
Book Value per Share is calculated from a company's financial statements. For Artesian Resources (ARTNB), the current Book Value per Share is $24.50 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Artesian Resources (ARTNB) Overvalued in 2026?

Based on GuruFocus' analysis, Artesian Resources stock appears to be undervalued. The current stock price of $33.51 is trading 7.9% below its estimated GF Value™ of $36.40.

Key valuation signals for ARTNB:

  • Book Value per Share: $24.50
  • GF Value™: $36.40 vs. price of $33.51 (7.9% below fair value)
  • GF Score™: 75/100 with 3 warning signs

No single metric tells the full story. See the ARTNB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Artesian Resources Business Description

Other Exchanges ARTNA:USA
Address 664 Churchmans Road, Newark, DE, USA, 19702
Artesian Resources Corp operates as a holding company based in the United States. Through its subsidiaries, it offers water, wastewater, and other services in Delaware, Maryland, and Pennsylvania. The Group distributes and sells water, including water for public and private fire protection, to residential, commercial, industrial, municipal, and utility customers. Additionally, it is involved in contract water and wastewater operations; offers wastewater services, and water, sewer, and internal Service Line Protection Plans. The Group operates its businesses mainly through one reportable segment, the Regulated Utility segment.
75GF Score

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Book Value per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$33.51
Price
$36.40
GF Value