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California Water Service Group - Stock

California Water Service Group P/E 2024

California Water Service Group P/E

15.32

Ticker

CWT

ISIN

US1307881029

WKN

850556

As of Jun 28, 2024, California Water Service Group's P/E ratio was 15.32, a -75.13% change from the 61.6 P/E ratio recorded in the previous year.

The California Water Service Group P/E history

California Water Service Group Aktienanalyse

What does California Water Service Group do?

California Water Service Group is a US-based company specializing in providing water and wastewater services. It was founded in California, USA in 1926 and has since become an internationally operating water company listed on the New York Stock Exchange. The company is divided into three divisions: California Water Service, Hawaii Water Service, and New Mexico Water Service, each responsible for supplying water to the residents in their respective states. California Water Service Group operates 48 water supply and wastewater disposal facilities, serving over 480,000 customers. The company's business model is based on providing safe, clean, and reliable water and wastewater services to its customers. It works closely with local authorities to ensure that it meets the needs of the community and complies with regional regulations. California Water Service Group strives to use the latest technologies and proven methods to improve the efficiency and reliability of its facilities. It continuously invests in research and development to develop innovative technologies that reduce water demand, increase efficiency, and lower costs. The products and services offered by California Water Service Group include water supply and wastewater disposal, water quality measurements, construction and maintenance of water and wastewater pipelines, emergency repairs, as well as consulting and training on water management. The company also provides comprehensive government and management services to its customers. It supports its customers in complying with environmental protection regulations and works closely with local authorities to ensure that water supply and wastewater disposal meet legal requirements. California Water Service Group aims to create a sustainable water future by reducing water consumption through the use of advanced technologies and strategies. This is intended to help reduce water consumption and minimize the impact of climate change on water supply. In conclusion, California Water Service Group is a leading company in the water industry. The company offers a wide range of products and services that meet the needs of its customers. Its continuous efforts to be innovative and develop sustainable solutions demonstrate that it is a reliable and responsible provider in the water industry. California Water Service Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering California Water Service Group's P/E Ratio

The Price to Earnings (P/E) Ratio of California Water Service Group is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing California Water Service Group's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of California Water Service Group is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in California Water Service Group’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about California Water Service Group Stock

What is the price-to-earnings ratio of California Water Service Group?

The price-earnings ratio of California Water Service Group is currently 15.32.

How has the price-earnings ratio of California Water Service Group changed compared to last year?

The price-to-earnings ratio of California Water Service Group has increased by -75.13% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of California Water Service Group high compared to other companies?

Yes, the price-to-earnings ratio of California Water Service Group is high compared to other companies.

How does an increase in the price-earnings ratio of California Water Service Group affect the company?

An increase in the price-earnings ratio of California Water Service Group would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of California Water Service Group affect the company?

A decrease in the price-earnings ratio of California Water Service Group would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of California Water Service Group?

Some factors that influence the price-earnings ratio of California Water Service Group are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does California Water Service Group pay?

Over the past 12 months, California Water Service Group paid a dividend of 1.04 USD . This corresponds to a dividend yield of about 2.17 %. For the coming 12 months, California Water Service Group is expected to pay a dividend of 1.08 USD.

What is the dividend yield of California Water Service Group?

The current dividend yield of California Water Service Group is 2.17 %.

When does California Water Service Group pay dividends?

California Water Service Group pays a quarterly dividend. This is distributed in the months of September, December, March, June.

How secure is the dividend of California Water Service Group?

California Water Service Group paid dividends every year for the past 79 years.

What is the dividend of California Water Service Group?

For the upcoming 12 months, dividends amounting to 1.08 USD are expected. This corresponds to a dividend yield of 2.24 %.

In which sector is California Water Service Group located?

California Water Service Group is assigned to the 'Utilities' sector.

Wann musste ich die Aktien von California Water Service Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of California Water Service Group from 5/17/2024 amounting to 0.28 USD, you needed to have the stock in your portfolio before the ex-date on 5/3/2024.

When did California Water Service Group pay the last dividend?

The last dividend was paid out on 5/17/2024.

What was the dividend of California Water Service Group in the year 2023?

In the year 2023, California Water Service Group distributed 1 USD as dividends.

In which currency does California Water Service Group pay out the dividend?

The dividends of California Water Service Group are distributed in USD.

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Andere Kennzahlen von California Water Service Group

Our stock analysis for California Water Service Group Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of California Water Service Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.