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Wec Energy Group has the Highest P/E Ratio in the Multi-Utilities Industry (WEC, SRE, UTL, CMS, AEE)

By James Quinn

Below are the three companies in the Multi-Utilities industry with the highest 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.

Wec Energy Group ranks highest with a a P/E ratio of 27.85. Following is Sempra Energy with a a P/E ratio of 27.82. Unitil Corp ranks third highest with a a P/E ratio of 26.80.

Cms Energy Corp follows with a a P/E ratio of 26.25, and Ameren Corp rounds out the top five with a a P/E ratio of 24.00.

SmarTrend recommended that subscribers consider buying shares of Cms Energy Corp on February 1st, 2019 as our technology indicated a new Uptrend was in progress when shares hit $51.65. Since that recommendation, shares of Cms Energy Corp have risen 19.0%. We continue to monitor Cms Energy Corp for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest p/e ratio wec energy group Sempra Energy unitil corp cms energy corp ameren corp