H2OHTO.OValuation Analysis
Based on the blended 10-year P/E and P/B percentiles, the stock currently sits in the “Fair Value Range” zone.
As of Oct 16, 2026, H2O (HTO.O) trades at a P/E of 22.60x, P/B of 1.31x, P/S of 2.91x, and a dividend yield of 2.28%.
Longitudinal percentile comparison: P/E sits at the 72nd percentile over the trailing 10Y window (vs. 72nd percentile over 3Y); P/B sits at the 56th percentile over the trailing 10Y window (vs. 56th percentile over 3Y); P/S sits at the 72nd percentile over the trailing 10Y window (vs. 72nd percentile over 3Y).
Cross-sectional valuation: its P/E ranks at the 70th percentile within its industry and the 58th percentile across the broader market.
Shareholder return highlight: Total Shareholder Yield is 2.28%, ranking at the 34th percentile over the trailing 20Y window.
The P/E and P/B percentiles diverge here, differing by 15.7 points — relying on either metric alone could be misleading. Relative to the broader market, its P/E shows a deeper discount than it does against industry peers. Shareholder returns here are driven almost entirely by cash dividends, with minimal contribution from buybacks. H2O operates in the Transportation, Communications, Electric, Gas, And Sanitary Services sector. Data refreshes weekly and is for reference only, not investment advice.
Also listed as: NASDAQ: HTO · HTO
Want the full picture on whether H2O (HTO.O) is under- or over-valued? See the full 3Y / 5Y / 10Y / 20Y P/E, P/B, P/S, Dividend Yield & Total Shareholder Yield percentile matrix and the interactive ECharts trend chart on this page.
Historical Percentiles by Metric
| Metric | Current | Market Percentile | Industry Percentile | 3Y Pctl | 5Y Pctl | 10Y Pctl | 20Y Pctl |
|---|---|---|---|---|---|---|---|
| P/E (TTM) | 22.60 | ||||||
| P/B (MRQ) | 1.31 | ||||||
| P/S (TTM) | 2.91 | ||||||
| Dividend Yield | 2.28% | ||||||
| Buyback + Div Yield | 2.28% |