H2O AmericaHTO +1.45%72 PS Ratio is 2.69 as of Jun. 27, 2026, which is 16% below its 10-year median of 3.20. GuruFocus rates HTO with a GF Score™ of 72/100 and a GF Value™ of $57.40 (Fairly Valued). The stock has 9 warning signs investors should review. Among 500 Utilities - Regulated companies, H2O America ranks worse than 71.4% on this metric.
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, H2O America's share price is $60.66.
H2O America's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was $22.58. Hence, H2O America's PS Ratio for today is 2.69.
Warning Sign:
H2O America stock PS Ratio (=2.69) is close to 2-year high of 2.82.
The historical rank and industry rank for H2O America's PS Ratio or its related term are showing as below:
HTO'
s PS Ratio Range Over the Past 10 Years
Min: 1.92 Med: 3.2 Max: 5.08
Current: 2.69
During the past 13 years, H2O America's highest PS Ratio was 5.08. The lowest was 1.92. And the median was 3.20.
HTO's PS Ratio is ranked worse than 71.4% of 500
companies
in the Utilities - Regulated industry
Industry Median: 1.445
vs HTO: 2.69
H2O America revenue per share is in decline over the past 12 months.
During the past 12 months, the average Revenue per Share Growth Rate of H2O America was -2.20% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 3.80% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 3.70% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 3.90% per year.
During the past 13 years, H2O America's highest 3-Year average Revenue per Share Growth Rate was 100.20% per year. The lowest was -43.00% per year. And the median was 4.30% per year.
Back to Basics: PS Ratio
H2O America (NAS:HTO) PS Ratio Explanation
The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.
When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.
The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.
H2O America PS Ratio Related Terms
H2O America PS Ratio Historical Data
* Premium members only.
The historical data trend for H2O America's 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.
For the Utilities - Regulated Water subindustry, H2O America's PS Ratio, along with its competitors' market caps and 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.
H2O America PS Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, H2O America's PS Ratio distribution charts can be found below:
* The bar in red indicates where H2O America's PS Ratio falls into.
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.
H2O America's Share Price of today is $60.66. H2O America's Revenue per Share 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 $22.58.
* 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:
H2O America (HTO) has a PS Ratio of 2.69 as of Jun. 27, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on H2O America and its competitors. This is 16% below median its historical median of 3.20. Over the past decade, H2O America's PS Ratio has ranged from 1.92 to 5.08. According to the industry distribution chart, H2O America ranks #357 out of 500 companies in the Utilities - Regulated industry, placing it in the top 71.4%.
Is H2O America's PS Ratio too high?
H2O America's current PS Ratio of 2.69 is 16% below median its 10-year median of 3.20. Over the past 10 years, this metric has ranged from a low of 1.92 to a high of 5.08. The Utilities - Regulated industry median PS Ratio is 1.45. H2O America's value of 2.69 is 86.2% above this industry median. Based on the distribution chart, H2O America ranks #357 out of 500 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, H2O America has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does H2O America's PS Ratio compare to CWT and AWR?
According to the Utilities - Regulated industry distribution chart, H2O America ranks #357 out of 500 companies for PS Ratio. This places H2O America in the lower half of its industry. The industry median PS Ratio is 1.45. H2O America's value of 2.69 is 86.2% above this benchmark. Historically, H2O America's own PS Ratio has ranged from 1.92 to 5.08 over the past decade. While the company's 10-year median is 3.20 vs. the industry median of 1.45, 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 PS Ratio for an Utilities - Regulated company?
The median PS Ratio among Utilities - Regulated companies is 1.45, based on 500 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. H2O America's current PS Ratio of 2.69 is 86.2% 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 PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on H2O America and its competitors. For the Utilities - Regulated industry, the median PS Ratio is 1.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. H2O America's current PS Ratio is 2.69, which is 16% below median its own 10-year median of 3.20. 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 $60.66 — trading 5.7% above its estimated fair value. The current PS Ratio is 2.69, which is 16% below median its 10-year median of 3.20 and 86.2% above the Utilities - Regulated industry median of 1.45. H2O America's overall GF Score™ is 72/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For H2O America (HTO), the current PS Ratio is 2.69 as of Jun. 27, 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 $60.66 is trading 5.7% above its estimated GF Value™ of $57.40.
GuruFocus considers H2O America to be Fairly Valued.
Key valuation signals for HTO:
PS Ratio: 2.69 (16% below median its 10-year median of 3.20)
GF Value™: $57.40 vs. price of $60.66 (5.7% above fair value)
Industry Position: 86.2% above the Utilities - Regulated median (#357 of 500)
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.
72GF Score
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