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Highest Forward P/E Ratio in the Multi-Utilities Industry Detected in Shares of Unitil Corp (UTL, WEC, CMS, AEE, BKH)

By Nick Russo

Below are the three companies in the Multi-Utilities industry with the highest forward price to earnings (P/E) ratios. Forward P/E uses estimated earnings to compare relative value among companies in the same industry. Generally, the lower the forward P/E, the more undervalued a company is believed to be.

Unitil Corp ranks highest with a a forward P/E ratio of 27.11. Following is Wec Energy Group with a a forward P/E ratio of 26.14. Cms Energy Corp ranks third highest with a a forward P/E ratio of 24.50.

Ameren Corp follows with a a forward P/E ratio of 23.94, and Black Hills Corp rounds out the top five with a a forward P/E ratio of 21.91.

SmarTrend is monitoring the recent change of momentum in Wec Energy Group. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Wec Energy Group in search of a potential trend change.

Keywords: highest forward p/e ratio unitil corp wec energy group cms energy corp ameren corp black hills corp

Ticker(s): UTL WEC CMS AEE BKH