Is The York Water Co. overvalued or undervalued?

As of 17 October 2025, the valuation grade for The York Water Co. moved from very expensive to expensive, indicating a slight improvement in perceived value. The company appears overvalued based on its current metrics, with a P/E ratio of 23, an EV to EBITDA of 16.15, and a Price to Book Value of 1.98. In comparison, peers such as Artesian Resources Corp. have a more attractive P/E of 15.08 and EV to EBITDA of 10.58, suggesting that The York Water Co. is priced higher relative to its earnings and cash flows than some of its competitors.
Additionally, the company's stock has underperformed significantly against the S&P 500, with a year-to-date return of -4.86% compared to the index's 13.30%. Over the past five years, The York Water Co. has seen a decline of -31.17%, while the S&P 500 has gained 91.29%, reinforcing the notion that the stock may be overvalued in the current market environment.