Cadiz price to book ratio CDZI

Market value divided by the book value of the company's net assets, since 2012.

Today, Oct 23, 2026: 78.7×
5-year median: 5.8×
Against its 5-year history: 100th; percentile: 0 is its lowest day, 100 its highest
5-year range: 1.6× to 78.7×
Peer median: 1.8×

Cadiz's price to book ratio is 78.7× as of Oct 23, 2026.

That is above its 5-year median of 5.8×, higher than on 100% of days in the last 5 years.

Over that time it ranged from 1.6× in Mar 2022 to 78.7× in Oct 2026.

The median for 9 water utilities of a similar size is 1.8×.

Price to book ratio over time

median 5.8×

The dashed line is the 5-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	78.7×	13.8×	78.7×
2025	17.1×	5.1×	18.8×
2024	18.0×	3.4×	18.0×
2023	3.9×	3.4×	9.5×
2022	4.4×	1.6×	5.4×
2021	3.6×	3.6×	5.4×
2020	n/m a value too high to mean anything
2019	n/m a value too high to mean anything
2018	n/m a value too high to mean anything
2017	n/m a value too high to mean anything
2016	n/m a value too high to mean anything
2015	n/m a value too high to mean anything
2014	n/m a value too high to mean anything
2013	n/m a value too high to mean anything
2012	65.3×	65.3×	79.3×

Against its peers

Companies in Regulated Water nearest Cadiz's size, closest first, today.

Company	Price to book ratio
CDZICadiz	78.7×
ARTNAArtesian Resources	1.4×
CWCOConsolidated Water	2.0×
YORWYork Water	1.8×
PCYOPure Cycle	1.7×
GWRSGlobal Water Resources	2.7×
MSEXMiddlesex Water	2.0×
HTOH2O America	1.3×
CWTCalifornia Water Service	1.6×
AWRAmerican States Water	3.0×
Peer median	1.8×

What the price to book ratio tells you

Market value divided by the accounting value of the company's net assets. Below 1 means the market values the business at less than what it owns on paper.

Book value misses brands, software and people, so asset-light companies always look expensive on it. Most useful for banks and industrials.

More on Cadiz

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.