California Water Service Group
CWT

$3.15 B
Marketcap
$53.49
Share price
Country
$0.84
Change (1 day)
$56.25
Year High
$43.50
Year Low
Categories

California Water Service Group, through its subsidiaries, provides water utility and other related services in California, Washington, New Mexico, Hawaii, and Texas. The company is involved in the production, purchase, storage, treatment, testing, distribution, and sale of water for domestic, industrial, public, and irrigation uses, as well as for fire protection. It offers its services to approximately 494,500 customer connections in 100 California communities; approximately 6,200 water and wastewater customer connections on the islands of Maui and Hawaii; approximately 36,400 customer connections in the Tacoma, Olympia, Graham, Spanaway, Puyallup, and Gig Harbor areas; and approximately 8,600 water and wastewater customer connections in the Belen, Los Lunas, Indian Hills, and Elephant Butte areas in New Mexico. The company also engages in the provision of non-regulated water-related services, including operating of municipally owned water systems, privately owned water, and recycled water distribution systems; water system operation, meter reading, and billing services to private companies and municipalities; leasing of communication antenna sites on its properties to telecommunication companies; and billing of optional third-party insurance programs to its residential customers, as well as provides lab services. In addition, it offers wastewater collection and treatment services. The company was founded in 1926 and is headquartered in San Jose, California.

P/E ratio for California Water Service Group (CWT)

P/E ratio as of 2023: 56.91

According to California Water Service Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 56.91. At the end of 2022 the company had a P/E ratio of 34.31.

P/E ratio history for California Water Service Group from 1985 to 2023

PE ratio at the end of each year

Year P/E ratio
2023 56.91
2022 34.31
2021 36.69
2020 27.49
2019 39.35
2018 34.93
2017 32.41
2016 33.40
2015 24.74
2014 20.73
2013 22.65
2012 15.74
2011 20.22
2010 20.60
2009 18.83
2008 24.15
2007 24.55
2006 29.86
2005 25.80
2004 25.19
2003 21.91
2002 18.82
2001 26.13
2000 20.46
1999 22.99
1998 21.58
1997 16.21
1996 13.85
1995 13.98
1994 12.93
1993 14.62
1992 14.90
1991 11.40
1990 10.56
1989 11.68
1988 10.31
1987 11.06
1986 10.69
1985 10.20