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Global Water Resources (Global Water Resources) PE Ratio

: 36.88 (As of Today)
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The PE Ratio, 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 (2024-04-24), Global Water Resources's share price is $12.17. Global Water Resources's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $0.33. Therefore, Global Water Resources's PE Ratio for today is 36.88.


The historical rank and industry rank for Global Water Resources's PE Ratio or its related term are showing as below:

GWRS' s PE Ratio Range Over the Past 10 Years
Min: 5.65   Med: 63.27   Max: 881.5
Current: 37.06


During the past 10 years, the highest PE Ratio of Global Water Resources was 881.50. The lowest was 5.65. And the median was 63.27.


GWRS's PE Ratio is ranked worse than
88.13% of 438 companies
in the Utilities - Regulated industry
Industry Median: 14.38 vs GWRS: 37.06

Global Water Resources's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $0.05. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $0.33.

As of today (2024-04-24), Global Water Resources's share price is $12.17. Global Water Resources's EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 was $0.30. Therefore, Global Water Resources's PE Ratio without NRI for today is 40.43.

During the past 10 years, Global Water Resources's highest PE Ratio without NRI was 881.50. The lowest was 28.45. And the median was 66.59.

Global Water Resources's EPS without NRI for the three months ended in Dec. 2023 was $0.04. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 was $0.30.

During the past 12 months, Global Water Resources's average EPS without NRI Growth Rate was 40.80% per year. During the past 3 years, the average EPS without NRI Growth Rate was 81.70% per year. During the past 5 years, the average EPS without NRI Growth Rate was 21.80% per year.

During the past 10 years, Global Water Resources's highest 3-Year average EPS without NRI Growth Rate was 81.70% per year. The lowest was -59.00% per year. And the median was 2.20% per year.

Global Water Resources's EPS (Basic) for the three months ended in Dec. 2023 was $0.05. Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2023 was $0.33.


Global Water Resources PE Ratio Historical Data

The historical data trend for Global Water Resources's PE 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.

* Premium members only.

Global Water Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 131.50 288.20 106.88 55.33 39.64

Global Water Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PE 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 55.33 41.43 45.29 30.47 39.64

Competitive Comparison

For the Utilities - Regulated Water subindustry, Global Water Resources's PE Ratio, along with its competitors' market caps and PE 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.


Global Water Resources PE Ratio Distribution

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

* The bar in red indicates where Global Water Resources's PE Ratio falls into.



Global Water Resources PE Ratio Calculation

The PE Ratio, 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.

Global Water Resources's PE Ratio for today is calculated as

PE Ratio=Share Price/Earnings per Share (Diluted) (TTM)
=12.17/0.330
=36.88

Global Water Resources's Share Price of today is $12.17.
Global Water Resources's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.33.

* 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 Ratios used by different investors. They are Trailing Twelve Month PE Ratio or PE Ratio (TTM), Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio based on inflation-adjusted normalized PE Ratio is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the calculation of PE Ratio, 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.


Global Water Resources  (NAS:GWRS) PE Ratio Explanation

The PE Ratio 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 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 is positive. Also for stocks with the same PE Ratio, the one with faster growth business is more attractive.

If a company loses money, the PE Ratio 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 divided by the growth ratio. He thinks a company with a PE Ratio 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 of 20, instead of a company growing 10% a year with a PE Ratio of 10.

Because the PE Ratio measures how long it takes to earn back the price you pay, the PE Ratio 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.

Similar to the PE Ratio without NRI or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio 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 Ratios are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .

PE Ratio 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.


Global Water Resources PE Ratio Related Terms

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Global Water Resources (Global Water Resources) Business Description

Traded in Other Exchanges
N/A
Address
21410 N. 19th Avenue, Suite 220, Phoenix, AZ, USA, 85027
Global Water Resources Inc operates as a water resource management company that owns, operates, and manages water, wastewater, and recycled water utilities in strategically located communities, principally in metropolitan Phoenix, Arizona. It operate within the State of Arizona.
Executives
Andrew M. Cohn director C/O GARY GOTTO, KELLER ROHRBACK LLP, 3101 NORTH CENTRAL AVENUE, #1400, PHOENIX AZ 85012
Suzanne Michelle Kitts officer: Vice President and Controller C/O GLOBAL WATER RESOURCES, INC., 21410 N 19TH AVE, SUITE 220, PHOENIX AZ 85027
William S Levine director, 10 percent owner GLOBAL WATER RESOURCES, INC., 21410 N 19TH AVENUE #220, PHOENIX AZ 85027
Jonathan L Levine director 21410 N. 19TH AVENUE, SUITE 220, PHOENIX AZ 85027
Debra Coy director 2401 EAST KATELLA AVENUE, SUITE 300, ANAHEIM CA 92806
Christopher D Krygier officer: Chief Strategy Officer C/O GLOBAL WATER RESOURCES, INC., 21410 N. 19TH AVE, SUITE 220, PHOENIX AZ 85027
Brett Huckelbridge director C/O GLOBAL WATER RESOURCES, INC., 21410 N 19TH AVENUE, SUITE 220, PHOENIX AZ 85027
John Carroll Lenderking officer: VP, Water Resources C/O GLOBAL WATER RESOURCES, INC., 21410 N 19TH AVENUE, SUITE 220, PHOENIX AZ 85027
Heather M Krupa officer: Vice President and Controller C/O GLOBAL WATER RESOURCES, INC.,, 21410 N. 19TH AVENUE, SUITE 220, PHOENIX AZ 85027
Cindy M Bowers director 21410 N 19TH AVENUE #220, PHOENIX AZ 85027
David Rousseau director C/O GLOBAL WATER RESOURCES, 21410 N 19TH AVENUE, SUITE 220, PHOENIX AZ 85027
Jason Thuneman officer: Vice President C/O GLOBAL WATER RESOURCES, INC., 21410 N 19TH AVENUE, SUITE 220, PHOENIX AZ 85027
Trevor T Hill director, 10 percent owner 21410 N 19TH AVENUE #220, PHOENIX AZ 85027
Michael J Liebman officer: See Remarks C/O GLOBAL WATER RESOURCES, INC., 21410 N 19TH AVENUE, SUITE 220, PHOENIX AZ 85027
Jonathan C. Corwin officer: Vice President C/O GLOBAL WATER RESOURCES, INC., 21410 N 19TH AVENUE, SUITE 220, PHOENIX AZ 85027