Middlesex Water price to book ratio MSEX

Market value divided by the book value of the company's net assets, since 2011.

Today, Oct 23, 2026: 2.0×
3-year median: 2.1×
Against its 3-year history: 27th; percentile: 0 is its lowest day, 100 its highest
3-year range: 1.9× to 2.8×
Peer median: 1.7×

Middlesex Water's price to book ratio is 2.0× as of Oct 23, 2026.

That is below its 3-year median of 2.1×, lower than on 73% of days in the last 3 years.

Over that time it ranged from 1.9× in May 2026 to 2.8× in Nov 2024.

The median for 8 water utilities of a similar size is 1.7×.

Price to book ratio over time

median 2.1×

The dashed line is the 3-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	2.0×	1.9×	2.1×
2025	2.0×	1.9×	2.6×
2024	2.1×	2.0×	2.8×
2023	n/m a value too high to mean anything
2022	n/m a value too high to mean anything
2021	n/m a value too high to mean anything
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	1.8×	1.3×	1.8×
2015	1.3×	1.1×	1.3×
2014	1.1×	1.0×	1.1×
2013	1.0×	1.0×	1.1×
2012	1.0×	0.9×	1.0×
2011	0.9×	0.9×	0.9×

Against its peers

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

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

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 Middlesex Water

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