Pricing Log in Create free account
Wednesday 4 November 2026 Export CWT’s income statement to Excel — free account

California Water Service Group

CWT Utilities Utilities Regulated Water

California Water Service Group’s revenue for fiscal 2025 (year ended December 2025) was $1.0 billion, down 3.54% from fiscal 2024.

Revenue
+6.73%
EPS
+1.76%
Free cash flow
−97.1%
Total debt
+8.28%

Quarter to September 2026, against a year earlier

50.00 0.89 +1.81%
Market cap
$3.1B
P/E
21.8×
Fwd P/E
19.2×
Dividend yield
2.66%
F-score
4/9
Altman Z
0.83
Beneish M
−2.46
Dividend safety
24/100
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

California Water Service Group (CWT) P/B ratio

Alert me on P/B ratio

As of 3 November 2026, California Water Service Group (CWT) trades at a P/B ratio of 1.6×. Over the past ten years it has ranged from 1.5× (October 2026) to 3.8× (September 2019); the current reading is higher than 7% of that period. That is below the Utilities Regulated Water industry median of 1.7× and in line with the Utilities sector median of 1.7×.

P/B ratio, daily

Embed this chart

Annual newest first

Period P/B ratio Change
FY2025 1.5× (5.93%)
FY2024 1.6× (21.51%)
FY2023 2.1× (18.61%)
FY2022 2.5× (19.82%)
FY2021 3.2× 9.57%
FY2020 2.9× (9.26%)
FY2019 3.2× 1.51%
FY2018 3.1× 2.22%
FY2017 3.1× 25.06%
FY2016 2.5× 41.49%

Quarterly newest first

Period P/B ratio Change
Sep 2026 1.5× (6.66%)
Jun 2026 1.6× 0.87%
Mar 2026 1.6× 5.42%
Dec 2025 1.5× (4.99%)
43 more quarters

Against its own ten years

Low 1.5× High 3.8×
Ten-year median 2.5×
Current reading's percentile 7

P/B ratio against peers

Company P/B ratio
HTO H2O America compare 1.2×
ARTNA Artesian Resources Corporation compare 1.4×
CWT California Water Service Group 1.6×
YORW The York Water Company compare 1.7×
SBS Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp compare 1.7×
WTRG Essential Utilities Inc. compare 1.8×
CWCO Consolidated Water Co. Ltd. compare 1.9×
MSEX Middlesex Water Company compare 2.0×
AWR American States Water Company compare 3.1×
Utilities Regulated Water industry median 1.7×
Utilities sector median 1.7×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

More on CWT