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California Water Service Group (FRA:WT5) Shiller PE Ratio : 28.35 (As of May. 25, 2024)


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What is California Water Service Group Shiller PE Ratio?

As of today (2024-05-25), California Water Service Group's current share price is €47.06. California Water Service Group's E10 for the quarter that ended in Mar. 2024 was €1.66. California Water Service Group's Shiller PE Ratio for today is 28.35.

The historical rank and industry rank for California Water Service Group's Shiller PE Ratio or its related term are showing as below:

FRA:WT5' s Shiller PE Ratio Range Over the Past 10 Years
Min: 19.68   Med: 34.67   Max: 48.24
Current: 27.96

During the past years, California Water Service Group's highest Shiller PE Ratio was 48.24. The lowest was 19.68. And the median was 34.67.

FRA:WT5's Shiller PE Ratio is ranked worse than
82.22% of 388 companies
in the Utilities - Regulated industry
Industry Median: 15.985 vs FRA:WT5: 27.96

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

California Water Service Group's adjusted earnings per share data for the three months ended in Mar. 2024 was €1.113. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €1.66 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


California Water Service Group Shiller PE Ratio Historical Data

The historical data trend for California Water Service Group's Shiller 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.

California Water Service Group Shiller PE Ratio Chart

California Water Service Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.53 41.08 48.02 37.46 31.75

California Water Service Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Shiller 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 36.15 32.11 29.53 31.75 25.84

Competitive Comparison of California Water Service Group's Shiller PE Ratio

For the Utilities - Regulated Water subindustry, California Water Service Group's Shiller PE Ratio, along with its competitors' market caps and Shiller 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.


California Water Service Group's Shiller PE Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, California Water Service Group's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where California Water Service Group's Shiller PE Ratio falls into.



California Water Service Group Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

California Water Service Group's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=47.06/1.66
=28.35

* 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.

California Water Service Group's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, California Water Service Group's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.113/131.7762*131.7762
=1.113

Current CPI (Mar. 2024) = 131.7762.

California Water Service Group Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.265 100.560 0.347
201409 0.543 100.428 0.712
201412 0.195 99.070 0.259
201503 0.028 99.621 0.037
201506 0.187 100.684 0.245
201509 0.463 100.392 0.608
201512 0.165 99.792 0.218
201603 -0.018 100.470 -0.024
201606 0.214 101.688 0.277
201609 0.428 101.861 0.554
201612 0.294 101.863 0.380
201703 0.019 102.862 0.024
201706 0.347 103.349 0.442
201709 0.587 104.136 0.743
201712 0.346 104.011 0.438
201803 -0.016 105.290 -0.020
201806 0.265 106.317 0.328
201809 0.643 106.507 0.796
201812 0.281 105.998 0.349
201903 -0.142 107.251 -0.174
201906 0.310 108.070 0.378
201909 0.799 108.329 0.972
201912 0.216 108.420 0.263
202003 -0.380 108.902 -0.460
202006 0.098 108.767 0.119
202009 1.647 109.815 1.976
202012 0.255 109.897 0.306
202103 -0.050 111.754 -0.059
202106 0.623 114.631 0.716
202109 1.020 115.734 1.161
202112 0.062 117.630 0.069
202203 0.018 121.301 0.020
202206 0.341 125.017 0.359
202209 1.040 125.227 1.094
202212 0.330 125.222 0.347
202303 -0.374 127.348 -0.387
202306 0.157 128.729 0.161
202309 0.562 129.860 0.570
202312 0.486 129.419 0.495
202403 1.113 131.776 1.113

Add all the adjusted EPS together and divide 10 will get our E10.

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.


California Water Service Group  (FRA:WT5) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


California Water Service Group Shiller PE Ratio Related Terms

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California Water Service Group (FRA:WT5) Business Description

Traded in Other Exchanges
Address
1720 North First Street, San Jose, CA, USA, 95112
California Water Service Group is a U.S. water and utilities holding company based in California. The company engages in the production, treatment, storage, distribution, and sale of water for various uses. The firm operates through its subsidiaries, which can be divided between regulated and unregulated businesses. The regulated public utilities subsidiaries operate in California, New Mexico, Washington, and Hawaii. The unregulated subsidiaries provide water utility services to private companies and municipalities. The company derives the majority of its revenue from its operations in California and, overall, from residential customers.

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