ARTNB (Artesian Resources) Cyclically Adjusted PS Ratio: 2.77 (As of Jul. 03, 2026) — 31% Below Median


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 Cyclically Adjusted PS Ratio?

Artesian Resources ARTNB 75 Cyclically Adjusted PS Ratio is 2.77 as of Jul. 03, 2026, which is 31% below its 10-year median of 4.01. 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. Among 440 Utilities - Regulated companies, Artesian Resources ranks worse than 75.68% on this metric.

As of today (2026-07-03), Artesian Resources's current share price is $33.51. Artesian Resources's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $12.09. Artesian Resources's Cyclically Adjusted PS Ratio for today is 2.77.

The historical rank and industry rank for Artesian Resources's Cyclically Adjusted PS Ratio or its related term are showing as below:

ARTNB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.69   Med: 4.01   Max: 5.89
Current: 3

During the past years, Artesian Resources's highest Cyclically Adjusted PS Ratio was 5.89. The lowest was 2.69. And the median was 4.01.

ARTNB's Cyclically Adjusted PS Ratio is ranked worse than
75.68% of 440 companies
in the Utilities - Regulated industry
Industry Median: 1.425 vs ARTNB: 3.00

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Artesian Resources's adjusted revenue per share data for the three months ended in Mar. 2026 was $2.690. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $12.09 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Artesian Resources  (OTCPK:ARTNB) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Artesian Resources Cyclically Adjusted PS Ratio Related Terms


Artesian Resources Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Artesian Resources's Cyclically Adjusted PS Ratio 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 Cyclically Adjusted PS Ratio Chart

Artesian Resources Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.72 5.60 3.85 2.86 2.80

Artesian Resources Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PS Ratio 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 2.92 2.98 2.88 2.80 2.77

ARTNB vs CDZI, PCYO, CWCO: Cyclically Adjusted PS Ratio Comparison

For the Utilities - Regulated Water subindustry, Artesian Resources's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 Cyclically Adjusted PS Ratio vs Utilities - Regulated Industry

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

* The bar in red indicates where Artesian Resources's Cyclically Adjusted PS Ratio falls into.


ARTNB
75GF Score
Artesian Resources Corp ARTNB
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Artesian Resources Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Artesian Resources's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=33.51/12.09
=2.77

* 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's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Artesian Resources's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=2.69/330.2130*330.2130
=2.690

Current CPI (Mar. 2026) = 330.2130.

Artesian Resources Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 2.119 241.018 2.903
201609 2.379 241.428 3.254
201612 2.115 241.432 2.893
201703 2.085 243.801 2.824
201706 2.220 244.955 2.993
201709 2.407 246.819 3.220
201712 2.192 246.524 2.936
201803 2.037 249.554 2.695
201806 2.178 251.989 2.854
201809 2.358 252.439 3.084
201812 2.079 251.233 2.733
201903 2.081 254.202 2.703
201906 2.215 256.143 2.856
201909 2.417 256.759 3.108
201912 2.250 256.974 2.891
202003 2.130 258.115 2.725
202006 2.322 257.797 2.974
202009 2.638 260.280 3.347
202012 2.317 260.474 2.937
202103 2.195 264.877 2.736
202106 2.384 271.696 2.897
202109 2.642 274.310 3.180
202112 2.418 278.802 2.864
202203 2.347 287.504 2.696
202206 2.641 296.311 2.943
202209 2.800 296.808 3.115
202212 2.643 296.797 2.941
202303 2.365 301.836 2.587
202306 2.525 305.109 2.733
202309 2.585 307.789 2.773
202312 2.385 306.746 2.567
202403 2.385 312.332 2.522
202406 2.663 314.175 2.799
202409 2.830 315.301 2.964
202412 2.606 315.605 2.727
202503 2.512 319.799 2.594
202506 2.769 322.561 2.835
202509 2.956 324.800 3.005
202512 2.714 324.054 2.766
202603 2.690 330.213 2.690

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PS Ratio of 2.77 mean?
Artesian Resources (ARTNB) has a Cyclically Adjusted PS Ratio of 2.77 as of Jul. 03, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Artesian Resources and its competitors. This is 31% below median its historical median of 4.01. Over the past decade, Artesian Resources' Cyclically Adjusted PS Ratio has ranged from 2.69 to 5.89. According to the industry distribution chart, Artesian Resources ranks #333 out of 440 companies in the Utilities - Regulated industry, placing it in the top 75.7%.
Is Artesian Resources' Cyclically Adjusted PS Ratio too high?
Artesian Resources' current Cyclically Adjusted PS Ratio of 2.77 is 31% below median its 10-year median of 4.01. Over the past 10 years, this metric has ranged from a low of 2.69 to a high of 5.89. The Utilities - Regulated industry median Cyclically Adjusted PS Ratio is 1.43. Artesian Resources' value of 2.77 is 94.4% above this industry median. Based on the distribution chart, Artesian Resources ranks #333 out of 440 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Artesian Resources has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Artesian Resources' Cyclically Adjusted PS Ratio compare to CDZI and PCYO?
According to the Utilities - Regulated industry distribution chart, Artesian Resources ranks #333 out of 440 companies for Cyclically Adjusted PS Ratio. This places Artesian Resources in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.43. Artesian Resources' value of 2.77 is 94.4% above this benchmark. Historically, Artesian Resources' own Cyclically Adjusted PS Ratio has ranged from 2.69 to 5.89 over the past decade. While the company's 10-year median is 4.01 vs. the industry median of 1.43, Artesian Resources has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for an Utilities - Regulated company?
The median Cyclically Adjusted PS Ratio among Utilities - Regulated companies is 1.43, based on 440 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Artesian Resources's current Cyclically Adjusted PS Ratio of 2.77 is 94.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Artesian Resources and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PS Ratio is 1.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Artesian Resources's current Cyclically Adjusted PS Ratio is 2.77, which is 31% below median its own 10-year median of 4.01. 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 Cyclically Adjusted PS Ratio of 2.77. 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 Cyclically Adjusted PS Ratio is 2.77, which is 31% below median its 10-year median of 4.01 and 94.4% above the Utilities - Regulated industry median of 1.43. 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 Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Artesian Resources (ARTNB), the current Cyclically Adjusted PS Ratio is 2.77 as of Jul. 03, 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:

  • Cyclically Adjusted PS Ratio: 2.77 (31% below median its 10-year median of 4.01)
  • GF Value™: $36.40 vs. price of $33.51 (7.9% below fair value)
  • GF Score™: 75/100 with 3 warning signs
  • Industry Position: 94.4% above the Utilities - Regulated median (#333 of 440)

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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Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$33.51
Price
$36.40
GF Value