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Top 5 Companies in the Multi-Utilities Industry With the Lowest P/E Ratio (PEG, MDU, SCG, AVA, NWE)

By Shiri Gupta

Below are the three companies in the Multi-Utilities industry with the lowest price to earnings (P/E) ratios. P/E is an important valuation tool when comparing companies in the same industry. A higher P/E ratio means that investors are paying more for each unit of net income, so the stock is more expensive compared to one with a lower P/E ratio.

Public Service Enterprise Group ranks lowest with a a P/E ratio of 14.66. MDU Resources Group is next with a a P/E ratio of 15.30. SCANA ranks third lowest with a a P/E ratio of 15.88.

Avista follows with a a P/E ratio of 18.56, and NorthWestern rounds out the bottom five with a a P/E ratio of 18.89.

SmarTrend recommended that subscribers consider buying shares of Public Service Enterprise Group on November 28th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $42.25. Since that recommendation, shares of Public Service Enterprise Group have risen 5.6%. We continue to monitor Public Service Enterprise Group for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest p/e ratio public service enterprise group mdu resources group scana Avista northwestern

Ticker(s): PEG MDU SCG AVA NWE