H2O AmericaHTO +2.83%73 PE Ratio (TTM) is 20.26 as of Jun. 25, 2026, which is 17% below its 10-year median of 24.28. GuruFocus rates HTO with a GF Score™ of 73/100 and a GF Value™ of $57.40 (Fairly Valued). The stock has 9 warning signs investors should review. Among 447 Utilities - Regulated companies, H2O America ranks worse than 65.77% 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 (2026-06-25), H2O America's share price is
$59.16.
H2O America's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $2.92. Therefore, H2O America's PE Ratio (TTM) for today is 20.26.
Warning Sign:
H2O America stock PE Ratio (=20.26) is close to 1-year high of 20.45.
The historical rank and industry rank for H2O America's PE Ratio (TTM) or its related term are showing as below:
HTO'
s PE Ratio (TTM) Range Over the Past 10 Years
Min: 14.2 Med: 24.28 Max: 94.52
Current: 20.26
During the past 13 years, the highest PE Ratio (TTM) of H2O America was 94.52. The lowest was 14.20. And the median was 24.28.
HTO's PE Ratio (TTM) is ranked worse than 65.77% of 447
companies
in the Utilities - Regulated industry
Industry Median: 16.08
vs HTO: 20.26
During the past 13 years, H2O America's highestPE Ratio without NRI was 60.00. The lowest was 13.94. And the median was 25.12.
H2O America's EPS without NRI for the
three
months ended in Mar. 2026 was $0.50.
Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was $2.94.
During the past 12 months, H2O America's average EPS without NRIGrowth Rate was -4.20% per year.
During the past 3 years, the average EPS without NRIGrowth Rate was 10.00% per year.
During the past 5 years, the average EPS without NRIGrowth Rate was 9.80% per year.
During the past 10 years, the average EPS without NRIGrowth Rate was 4.20% per year.
During the past 13 years, H2O America's highest 3-Year average EPS without NRI Growth Rate was 94.60% per year. The lowest was -54.80% per year. And the median was 12.20% per year.
H2O America's EPS (Basic) for the
three
months ended in Mar. 2026 was $0.50.
Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was $2.93.
H2O America (NAS:HTO) 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).
H2O America PE Ratio (TTM) Related Terms
H2O America PE Ratio (TTM) Historical Data
* Premium members only.
The historical data trend for H2O America'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.
For the Utilities - Regulated Water subindustry, H2O America'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.
H2O America PE Ratio (TTM) vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, H2O America's PE Ratio (TTM) distribution charts can be found below:
* The bar in red indicates where H2O America'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.
H2O America's PE Ratio (TTM) for today is calculated as
H2O America's Share Price of today is $59.16.
H2O America'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 $2.92.
* 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.
H2O America (HTO) has a PE Ratio (TTM) of 20.26 as of Jun. 25, 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 H2O America and its competitors. This is 17% below median its historical median of 24.28. Over the past decade, H2O America's PE Ratio (TTM) has ranged from 14.20 to 94.52. According to the industry distribution chart, H2O America ranks #294 out of 447 companies in the Utilities - Regulated industry, placing it in the top 65.8%.
Is H2O America's PE Ratio (TTM) too high?
H2O America's current PE Ratio (TTM) of 20.26 is 17% below median its 10-year median of 24.28. Over the past 10 years, this metric has ranged from a low of 14.20 to a high of 94.52. The Utilities - Regulated industry median PE Ratio (TTM) is 16.08. H2O America's value of 20.26 is 26% above this industry median. Based on the distribution chart, H2O America ranks #294 out of 447 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, H2O America has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does H2O America's PE Ratio (TTM) compare to CWT and AWR?
According to the Utilities - Regulated industry distribution chart, H2O America ranks #294 out of 447 companies for PE Ratio (TTM). This places H2O America in the lower half of its industry. The industry median PE Ratio (TTM) is 16.08. H2O America's value of 20.26 is 26% above this benchmark. Historically, H2O America's own PE Ratio (TTM) has ranged from 14.20 to 94.52 over the past decade. While the company's 10-year median is 24.28 vs. the industry median of 16.08, H2O America 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 PE Ratio (TTM) for an Utilities - Regulated company?
The median PE Ratio (TTM) among Utilities - Regulated companies is 16.08, based on 447 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. H2O America's current PE Ratio (TTM) of 20.26 is 26% 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 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 H2O America and its competitors. For the Utilities - Regulated industry, the median PE Ratio (TTM) is 16.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. H2O America's current PE Ratio (TTM) is 20.26, which is 17% below median its own 10-year median of 24.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is H2O America stock overvalued right now?
Based on GuruFocus' analysis, H2O America (HTO) is currently considered Fairly Valued. The stock's GF Value™ is $57.40, compared to a current price of $59.16 — trading 3.1% above its estimated fair value. The current PE Ratio (TTM) is 20.26, which is 17% below median its 10-year median of 24.28 and 26% above the Utilities - Regulated industry median of 16.08. H2O America's overall GF Score™ is 73/100 with 9 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 H2O America (HTO), the current PE Ratio (TTM) is 20.26 as of Jun. 25, 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 H2O America (HTO) Overvalued in 2026?
Based on GuruFocus' analysis, H2O America stock appears to be overvalued.
The current stock price of $59.16 is trading 3.1% above its estimated GF Value™ of $57.40.
GuruFocus considers H2O America to be Fairly Valued.
Key valuation signals for HTO:
PE Ratio (TTM): 20.26 (17% below median its 10-year median of 24.28)
GF Value™: $57.40 vs. price of $59.16 (3.1% above fair value)
Industry Position: 26% above the Utilities - Regulated median (#294 of 447)
No single metric tells the full story. See the HTO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
H2O America is a national investor-owned network of local water and wastewater utilities united by one purpose: delivering clean, high-quality water to the communities it calls home. Across approximately 407,000 water and wastewater service connections, the company invests in critical infrastructure to strengthen the water supply for generations to come. Its single reportable segment provides water utility and utility-related services to its customers.
73GF Score
Get the complete analysis for HTO
PE Ratio (TTM) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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