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Top 5 Companies in the Independent Power Producers Industry With the Highest Forward P/E Ratio (DYN, NYLD, NRG, CPN, AES)

By Amy Schwartz

Below are the three companies in the Independent Power Producers 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.

Dynegy Inc ranks highest with a a forward P/E ratio of 22.70. Following is Nrg Yield Inc-C with a a forward P/E ratio of 18.80. Nrg Energy ranks third highest with a a forward P/E ratio of 17.16.

Calpine Corp follows with a a forward P/E ratio of 15.06, and Aes Corp rounds out the top five with a a forward P/E ratio of 9.08.

SmarTrend recommended that its subscribers protect gains by selling shares of Aes Corp on October 6th, 2016 by issuing a Downtrend alert when the shares were trading at $11.72. Since that call, shares of Aes Corp have fallen 5.8%. 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 dynegy inc nyse:nyld nrg yield inc-c NRG Energy calpine corp aes corp

Ticker(s): DYN NRG CPN AES