• Return to Headlines

Top 5 Companies in the Electric Utilities Industry With the Highest Forward P/E Ratio (BIP, OTTR, UNS, NVE, MGEE)

By James Quinn

Below are the three companies in the Electric 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.

Brookfield Infrastructure Partners ranks highest with a a forward P/E ratio of 28.08. Following is Otter Tail with a a forward P/E ratio of 18.67. Unisource Energy ranks third highest with a a forward P/E ratio of 17.68.

NV Energy follows with a a forward P/E ratio of 17.61, and MGE Energy rounds out the top five with a a forward P/E ratio of 17.48.

SmarTrend recommended that its subscribers protect gains by selling shares of Brookfield Infrastructure Partners on November 26th, 2013 by issuing a Downtrend alert when the shares were trading at $38.70. Since that call, shares of Brookfield Infrastructure Partners have fallen 3.9%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest forward p/e ratio brookfield infrastructure partners otter tail unisource energy nv energy mge energy

Ticker(s): BIP OTTR UNS NVE MGEE