HTO (H2O America) Shiller PE Ratio: 22.53 (As of Aug. 05, 2026) — 28% Below Median

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HTO H2O America HTO
68 GF Score
Price $62.17
GF Value $54.38
Valuation Modestly Overvalued
! 10 Warning Signs
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What is H2O America Shiller PE Ratio?

H2O America HTO +1.83% 68 Shiller PE Ratio is 22.53 as of Aug. 05, 2026, which is 28% below its 10-year median of 31.49. GuruFocus rates HTO with a GF Score™ of 68/100 and a GF Value™ of $54.38 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 398 Utilities - Regulated companies, H2O America ranks worse than 69.35% on this metric.

As of today (2026-08-05), H2O America's current share price is $62.17. H2O America's E10 for the quarter that ended in Jun. 2026 was $2.76. H2O America's Shiller PE Ratio for today is 22.53.

The historical rank and industry rank for H2O America's Shiller PE Ratio or its related term are showing as below:

HTO' s Shiller PE Ratio Range Over the Past 10 Years
Min: 16.15   Med: 31.49   Max: 40.39
Current: 22.54

During the past years, H2O America's highest Shiller PE Ratio was 40.39. The lowest was 16.15. And the median was 31.49.

HTO's Shiller PE Ratio is ranked worse than
69.35% of 398 companies
in the Utilities - Regulated industry
Industry Median: 16.865 vs HTO: 22.54

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.

H2O America's adjusted earnings per share data for the three months ended in Jun. 2026 was $0.620. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.76 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


H2O America  (NAS:HTO) 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.


H2O America Shiller PE Ratio Related Terms


H2O America Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for H2O America'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.

H2O America Shiller PE Ratio Chart

H2O America Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.25 34.34 25.47 19.02 18.15

H2O America Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 19.35 17.59 18.15 21.13 22.05

HTO vs CWT, AWR, MSEX: Shiller PE Ratio Comparison

For the Utilities - Regulated Water subindustry, H2O America'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.


H2O America Shiller PE Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, H2O America's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where H2O America's Shiller PE Ratio falls into.


HTO
68GF Score
H2O America HTO
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

H2O America 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.

H2O America's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=62.17/2.76
=22.53

* 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.

H2O America's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, H2O America's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.62/333.9520*333.9520
=0.620

Current CPI (Jun. 2026) = 333.9520.

H2O America Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.920 241.428 1.273
201612 0.670 241.432 0.927
201703 0.180 243.801 0.247
201706 0.900 244.955 1.227
201709 0.940 246.819 1.272
201712 0.840 246.524 1.138
201803 0.060 249.554 0.080
201806 0.620 251.989 0.822
201809 0.760 252.439 1.005
201812 0.380 251.233 0.505
201903 0.210 254.202 0.276
201906 0.470 256.143 0.613
201909 0.330 256.759 0.429
201912 -0.190 256.974 -0.247
202003 0.080 258.115 0.104
202006 0.690 257.797 0.894
202009 0.910 260.280 1.168
202012 0.460 260.474 0.590
202103 0.090 264.877 0.113
202106 0.690 271.696 0.848
202109 0.640 274.310 0.779
202112 0.600 278.802 0.719
202203 0.120 287.504 0.139
202206 0.380 296.311 0.428
202209 0.820 296.808 0.923
202212 1.090 296.797 1.226
202303 0.370 301.836 0.409
202306 0.580 305.109 0.635
202309 1.130 307.789 1.226
202312 0.590 306.746 0.642
202403 0.360 312.332 0.385
202406 0.640 314.175 0.680
202409 1.170 315.301 1.239
202412 0.680 315.605 0.720
202503 0.490 319.799 0.512
202506 0.710 322.561 0.735
202509 1.270 324.800 1.306
202512 0.450 324.054 0.464
202603 0.490 330.213 0.496
202606 0.620 333.952 0.620

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.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 22.53 mean?
H2O America (HTO) has a Shiller PE Ratio of 22.53 as of Aug. 05, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on H2O America and its competitors. This is 28% below median its historical median of 31.49. Over the past decade, H2O America's Shiller PE Ratio has ranged from 16.15 to 40.39. According to the industry distribution chart, H2O America ranks #276 out of 398 companies in the Utilities - Regulated industry, placing it in the top 69.3%.
Is H2O America's Shiller PE Ratio too high?
H2O America's current Shiller PE Ratio of 22.53 is 28% below median its 10-year median of 31.49. Over the past 10 years, this metric has ranged from a low of 16.15 to a high of 40.39. The Utilities - Regulated industry median Shiller PE Ratio is 16.87. H2O America's value of 22.53 is 33.6% above this industry median. Based on the distribution chart, H2O America ranks #276 out of 398 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, H2O America has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does H2O America's Shiller PE Ratio compare to CWT and AWR?
According to the Utilities - Regulated industry distribution chart, H2O America ranks #276 out of 398 companies for Shiller PE Ratio. This places H2O America in the lower half of its industry. The industry median Shiller PE Ratio is 16.87. H2O America's value of 22.53 is 33.6% above this benchmark. Historically, H2O America's own Shiller PE Ratio has ranged from 16.15 to 40.39 over the past decade. While the company's 10-year median is 31.49 vs. the industry median of 16.87, 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 Shiller PE Ratio for an Utilities - Regulated company?
The median Shiller PE Ratio among Utilities - Regulated companies is 16.87, based on 398 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. H2O America's current Shiller PE Ratio of 22.53 is 33.6% 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on H2O America and its competitors. For the Utilities - Regulated industry, the median Shiller PE Ratio is 16.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. H2O America's current Shiller PE Ratio is 22.53, which is 28% below median its own 10-year median of 31.49. 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 Modestly Overvalued. The stock's GF Value™ is $54.38, compared to a current price of $62.17 — trading 14.3% above its estimated fair value. The current Shiller PE Ratio is 22.53, which is 28% below median its 10-year median of 31.49 and 33.6% above the Utilities - Regulated industry median of 16.87. H2O America's overall GF Score™ is 68/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For H2O America (HTO), the current Shiller PE Ratio is 22.53 as of Aug. 05, 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 $62.17 is trading 14.3% above its estimated GF Value™ of $54.38. GuruFocus considers H2O America to be Modestly Overvalued.

Key valuation signals for HTO:

  • Shiller PE Ratio: 22.53 (28% below median its 10-year median of 31.49)
  • GF Value™: $54.38 vs. price of $62.17 (14.3% above fair value)
  • GF Score™: 68/100 with 10 warning signs
  • Industry Position: 33.6% above the Utilities - Regulated median (#276 of 398)

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 Business Description

Other Exchanges 76W:Germany
Address 110 West Taylor Street, San Jose, CA, USA, 95110
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.
68GF Score

Get the complete analysis for HTO

Shiller PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$62.17
Price
$54.38
GF Value