Is The York Water Co. overvalued or undervalued?

As of 17 October 2025, the valuation grade for The York Water Co. has moved from very expensive to expensive, indicating a slight improvement in its perceived value. The company appears to be overvalued based on its current metrics, with a P/E ratio of 23, a Price to Book Value of 1.98, and an EV to EBITDA of 16.15. In comparison, peers such as Aris Water Solutions, Inc. have a P/E of 21.89 and an EV to EBITDA of 9.63, while Artesian Resources Corp. shows a more favorable P/E of 15.08 and an EV to EBITDA of 10.58, highlighting the relative overvaluation of The York Water Co.
The stock's performance has lagged significantly behind the S&P 500, with a year-to-date return of -4.86% compared to the index's 13.30%, and a 5-year return of -31.17% against the S&P's 91.29%. This underperformance reinforces the notion that The York Water Co. is currently overvalued in the market.