Cia de Saneamento Basico do Estado de Sao Paulo SABESP Financial Update
Cia de Saneamento Basico do Estado de Sao Paulo (SABESP), a leading utility company in the water sector, has recently been in the spotlight due to its financial performance. Listed on the New York Stock Exchange, SABESP specializes in water collection, treatment, and distribution, as well as the construction of water infrastructure.
As of April 23, 2025, SABESP’s stock closed at $20.22, marking a slight decrease from its 52-week high of $20.30 on the same date. The company’s stock has seen significant fluctuations over the past year, with a 52-week low of $13.10 recorded on June 19, 2024. Despite these fluctuations, SABESP maintains a robust market capitalization of $75.89 billion.
The company’s financial health is further underscored by its price-to-earnings ratio of 7.72, indicating a stable earnings outlook. SABESP’s consistent performance in the water utilities sector reflects its critical role in providing essential services in Sao Paulo, Brazil.
For more detailed information, stakeholders can visit SABESP’s official website at www.sabesp.com.br . The company’s initial public offering took place on May 10, 2002, marking its entry into the public market and setting the stage for its growth and development in the water utilities industry.