Artesian ResourcesARTNB 75 PE Ratio (TTM) is 14.83 as of Jun. 30, 2026, which is 35% below its 10-year median of 22.92. GuruFocus rates ARTNB with a GF Score™ of 75/100 and a GF Value™ of $36.88. The stock has 3 warning signs investors should review. Among 449 Utilities - Regulated companies, Artesian Resources ranks better than 51% on this metric.
The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2026-06-30), Artesian Resources's share price is
$33.51.
Artesian Resources's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $2.26. Therefore, Artesian Resources's PE Ratio (TTM) for today is 14.83.
Good Sign:
Artesian Resources Corp stock PE Ratio (=15.05) is close to 10-year low of 13.74.
The historical rank and industry rank for Artesian Resources's PE Ratio (TTM) or its related term are showing as below:
ARTNB'
s PE Ratio (TTM) Range Over the Past 10 Years
Min: 13.74 Med: 22.92 Max: 32.59
Current: 15.05
During the past 13 years, the highest PE Ratio (TTM) of Artesian Resources was 32.59. The lowest was 13.74. And the median was 22.92.
ARTNB's PE Ratio (TTM) is ranked better than 51% of 449
companies
in the Utilities - Regulated industry
Industry Median: 15.48
vs ARTNB: 15.05
During the past 12 months, Artesian Resources's average EPS without NRIGrowth Rate was 8.60% per year.
During the past 3 years, the average EPS without NRIGrowth Rate was 4.30% per year.
During the past 5 years, the average EPS without NRIGrowth Rate was 2.90% per year.
During the past 10 years, the average EPS without NRIGrowth Rate was 3.90% per year.
During the past 13 years, Artesian Resources's highest 3-Year average EPS without NRI Growth Rate was 15.00% per year. The lowest was -3.50% per year. And the median was 4.40% per year.
Artesian Resources's EPS (Basic) for the
three
months ended in Mar. 2026 was $0.58.
Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was $2.27.
Artesian Resources (OTCPK:ARTNB) PE Ratio (TTM) Explanation
The PE Ratio (TTM) can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio (TTM) is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.
In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio (TTM) is positive. Also for stocks with the same PE Ratio (TTM), the one with faster growth business is more attractive.
If a company loses money, the PE Ratio (TTM) becomes meaningless.
To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio (TTM) divided by the growth ratio. He thinks a company with a PE Ratio (TTM) equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio (TTM) of 20, instead of a company growing 10% a year with a PE Ratio (TTM) of 10.
Because the PE Ratio (TTM) measures how long it takes to earn back the price you pay, the PE Ratio (TTM) can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.
Investors need to be aware that the PE Ratio (TTM) can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratio (TTM)s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio (TTM) is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .
PE Ratio (TTM) can also be affected by non-recurring-items such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio (TTM).
Artesian Resources PE Ratio (TTM) Related Terms
Artesian Resources PE Ratio (TTM) Historical Data
* Premium members only.
The historical data trend for Artesian Resources's PE Ratio (TTM) 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.
ARTNB vs CDZI, PCYO, CWCO: PE Ratio (TTM) Comparison
For the Utilities - Regulated Water subindustry, Artesian Resources's PE Ratio (TTM), along with its competitors' market caps and PE Ratio (TTM) 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 PE Ratio (TTM) vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Artesian Resources's PE Ratio (TTM) distribution charts can be found below:
* The bar in red indicates where Artesian Resources's PE Ratio (TTM) falls into.
The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.
Artesian Resources's Share Price of today is $33.51.
Artesian Resources's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.26.
* 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.
It can also be calculated from the numbers for the whole company:
There are at least three kinds of PE Ratio (TTM)s used by different investors. They are Trailing Twelve Month PE Ratio (TTM) or PE Ratio (TTM) (TTM), Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio (TTM) based on inflation-adjusted normalized PE Ratio (TTM) is called Shiller PE Ratio, after Yale professor Robert Shiller.
In the calculation of PE Ratio (TTM), the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.
For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.
Artesian Resources (ARTNB) has a PE Ratio (TTM) of 14.83 as of Jun. 30, 2026. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on Artesian Resources and its competitors. This is 35% below median its historical median of 22.92. Over the past decade, Artesian Resources' PE Ratio (TTM) has ranged from 13.74 to 32.59. According to the industry distribution chart, Artesian Resources ranks #220 out of 449 companies in the Utilities - Regulated industry, placing it in the top 49%.
Is Artesian Resources' PE Ratio (TTM) too high?
Artesian Resources' current PE Ratio (TTM) of 14.83 is 35% below median its 10-year median of 22.92. Over the past 10 years, this metric has ranged from a low of 13.74 to a high of 32.59. The Utilities - Regulated industry median PE Ratio (TTM) is 15.48. Artesian Resources' value of 14.83 is 4.2% below this industry median. Based on the distribution chart, Artesian Resources ranks #220 out of 449 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Artesian Resources has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Artesian Resources' PE Ratio (TTM) compare to CDZI and PCYO?
According to the Utilities - Regulated industry distribution chart, Artesian Resources ranks #220 out of 449 companies for PE Ratio (TTM). This puts Artesian Resources in the upper half of its industry. The industry median PE Ratio (TTM) is 15.48. Artesian Resources' value of 14.83 is 4.2% below this benchmark. Historically, Artesian Resources' own PE Ratio (TTM) has ranged from 13.74 to 32.59 over the past decade. While the company's 10-year median is 22.92 vs. the industry median of 15.48, Artesian Resources has consistently been below 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 PE Ratio (TTM) for an Utilities - Regulated company?
The median PE Ratio (TTM) among Utilities - Regulated companies is 15.48, based on 449 companies in the industry. Companies in the top quartile (top 25%) have a PE Ratio (TTM) significantly above this median, while those in the bottom quartile fall well below. However, PE Ratio (TTM) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Artesian Resources's current PE Ratio (TTM) of 14.83 is 4.2% below 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 PE Ratio (TTM) mean?
A high PE Ratio (TTM) can signal that a stock is expensive relative to its fundamentals. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on Artesian Resources and its competitors. For the Utilities - Regulated industry, the median PE Ratio (TTM) is 15.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Artesian Resources's current PE Ratio (TTM) is 14.83, which is 35% below median its own 10-year median of 22.92. 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 PE Ratio (TTM) of 14.83. The stock's GF Value™ is $36.88, compared to a current price of $33.51 — trading 9.1% below its estimated fair value. The current PE Ratio (TTM) is 14.83, which is 35% below median its 10-year median of 22.92 and 4.2% below the Utilities - Regulated industry median of 15.48. 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 PE Ratio (TTM) calculated?
PE Ratio (TTM) is calculated from a company's financial statements. For Artesian Resources (ARTNB), the current PE Ratio (TTM) is 14.83 as of Jun. 30, 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 9.1% below its estimated GF Value™ of $36.88.
Key valuation signals for ARTNB:
PE Ratio (TTM): 14.83 (35% below median its 10-year median of 22.92)
GF Value™: $36.88 vs. price of $33.51 (9.1% below fair value)
Industry Position: 4.2% below the Utilities - Regulated median (#220 of 449)
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 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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