Australian (ASX) Water Industry Analysis

UpdatedMay 06, 2026

DataAggregated Company Financials

Companies2

7D-2.7%
3M-10.7%
1Y-10.8%
YTDn/a

Over the last 7 days, the Water industry has dropped 4.0%, driven by pullbacks from every company within the industry. However, the industry is down 12% over the past year. In the next few years, earnings are forecast to decline by 31% annually.

Industry Valuation and Performance

Has the Australian Water Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Wed, 06 May 2026	AU$251.7m	AU$82.0m	AU$19.9m	10.4x	12.7x	3.1x
Fri, 03 Apr 2026	AU$260.7m	AU$82.0m	AU$19.9m	10.5x	13.1x	3.2x
Sun, 01 Mar 2026	AU$270.9m	AU$75.4m	AU$23.5m	9.3x	11.5x	3.6x
Tue, 27 Jan 2026	AU$284.2m	AU$75.4m	AU$23.5m	9.7x	12.1x	3.8x
Thu, 25 Dec 2025	AU$260.7m	AU$75.4m	AU$23.5m	8.8x	11.1x	3.5x
Sat, 22 Nov 2025	AU$260.9m	AU$75.4m	AU$23.5m	8.8x	11.1x	3.5x
Mon, 20 Oct 2025	AU$262.0m	AU$75.4m	AU$23.5m	9x	11.1x	3.5x
Wed, 17 Sep 2025	AU$262.6m	AU$75.4m	AU$23.5m	9.1x	11.2x	3.5x
Fri, 15 Aug 2025	AU$268.7m	AU$49.9m	AU$6.6m	25.3x	40.9x	5.4x
Sun, 13 Jul 2025	AU$261.1m	AU$49.9m	AU$6.6m	24.8x	39.8x	5.2x
Tue, 10 Jun 2025	AU$272.1m	AU$49.9m	AU$6.6m	25.5x	41.5x	5.5x
Thu, 08 May 2025	AU$271.9m	AU$49.9m	AU$6.6m	25.8x	41.4x	5.5x
Sat, 05 Apr 2025	AU$255.9m	AU$49.9m	AU$6.6m	24x	39x	5.1x
Mon, 03 Mar 2025	AU$239.3m	AU$49.9m	AU$6.6m	22x	36.5x	4.8x
Wed, 29 Jan 2025	AU$315.8m	AU$150.9m	-AU$18,899,372.80	17.3x	-16.7x	2.1x
Fri, 27 Dec 2024	AU$321.6m	AU$151.1m	-AU$18,955,816.00	17.4x	-17x	2.1x
Sun, 24 Nov 2024	AU$349.9m	AU$147.2m	-AU$17,840,635.20	18.9x	-19.6x	2.4x
Tue, 22 Oct 2024	AU$353.2m	AU$144.7m	-AU$17,118,846.40	18.4x	-20.6x	2.4x
Thu, 19 Sep 2024	AU$347.3m	AU$143.3m	-AU$16,725,454.40	18.2x	-20.8x	2.4x
Sat, 17 Aug 2024	AU$358.4m	AU$149.9m	-AU$19,930,984.00	33x	-18x	2.4x
Mon, 15 Jul 2024	AU$383.9m	AU$147.6m	-AU$19,419,995.50	34.2x	-19.8x	2.6x
Wed, 12 Jun 2024	AU$254.2m	AU$44.4m	AU$3.2m	34.8x	79.5x	5.7x
Fri, 10 May 2024	AU$249.3m	AU$44.4m	AU$3.2m	34.4x	78x	5.6x
Sun, 07 Apr 2024	AU$263.5m	AU$44.4m	AU$3.2m	36x	82.4x	5.9x
Tue, 05 Mar 2024	AU$261.6m	AU$44.4m	AU$3.2m	35.7x	81.8x	5.9x
Thu, 01 Feb 2024	AU$250.3m	AU$44.0m	AU$5.3m	26.7x	47.2x	5.7x
Sat, 30 Dec 2023	AU$265.7m	AU$44.0m	AU$5.3m	28.2x	50.1x	6x
Mon, 27 Nov 2023	AU$273.0m	AU$44.0m	AU$5.3m	28.9x	51.5x	6.2x
Wed, 25 Oct 2023	AU$278.5m	AU$44.0m	AU$5.3m	29.6x	52.5x	6.3x
Fri, 22 Sep 2023	AU$290.2m	AU$44.0m	AU$5.3m	30.4x	54.7x	6.6x
Sun, 20 Aug 2023	AU$325.3m	AU$39.6m	AU$6.5m	28.3x	49.9x	8.2x
Tue, 18 Jul 2023	AU$235.8m	AU$39.6m	AU$6.5m	19.1x	36.2x	5.9x
Thu, 15 Jun 2023	AU$236.3m	AU$39.6m	AU$6.5m	19.8x	36.3x	6x
Sat, 13 May 2023	AU$230.2m	AU$39.6m	AU$6.5m	19.6x	35.3x	5.8x

Price to Earnings Ratio

35.3x

Sat, 13 May 2023

Current Industry PE

There are only 2 companies in the Australian Water Utilities industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.

Past Earnings Growth

The earnings for companies in the Water Utilities industry have grown 45% per year over the last three years.
Revenues for these companies have grown 27% per year.
This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.