RANKINGS

Lowest P/E — Utilities

Price-to-Earnings ratio. Lower P/E may indicate undervaluation relative to earnings.

111 companies with P/E Ratio data.

Ranked by P/E Ratio(111)

#	Ticker	Name	Industry	Market Cap	P/E Ratio
1	OPAL	OPAL FUELS INC. FY · 2025-12-31 Analysis WACC DCF	Gas Utilities	$51M	1.4
2	EDN	EDENOR FY · 2024-12-31 Analysis WACC DCF	Electric Utilities	$905M	3.1
3	CIG	ENERGY CO OF MINAS GERAIS FY · 2024-12-31 Analysis WACC DCF	Electric Utilities	$6.7B	5.1
4	KEP	KOREA ELECTRIC POWER CORPORATION FY · 2024-12-31 Analysis WACC DCF	Electric Utilities	$13.9B	5.3
5	AES	THE AES CORPORATION TTM · 2026-06-30 Analysis WACC DCF	Multi-Utilities	$10.7B	5.7
6	EIX	EDISON INTERNATIONAL TTM · 2026-03-31 Analysis WACC DCF	Electric Utilities	$21.3B	6.0
7	BIPC	BROOKFIELD INFRASTRUCTURE CORPORATION FY · 2025-12-31 Analysis WACC DCF	Gas Utilities	$4.5B	6.4
8	HE	HAWAIIAN ELECTRIC INDUSTRIES, INC. TTM · 2026-06-30 Analysis WACC DCF	Electric Utilities	$1.5B	6.5
9	GFL	GFL Environmental Inc. FY · 2025-12-31 Analysis WACC DCF	Other	$18.6B	6.8
10	AWX	AVALON HOLDINGS CORPORATION TTM · 2026-06-30 Analysis WACC DCF	Other	$10M	8.0
11	VG	VENTURE GLOBAL, INC. TTM · 2026-06-30 Analysis WACC DCF	Gas Utilities	$34.6B	9.1
12	CQP	Cheniere Energy Partners, L.P. FY · 2025-12-31 Analysis WACC DCF	Gas Utilities	$31.3B	10.5
13	NFG	NATIONAL FUEL GAS COMPANY TTM · 2026-06-30 Analysis WACC DCF	Gas Utilities	$7.7B	11.4
14	UGI	UGI CORPORATION TTM · 2026-06-30 Analysis WACC DCF	Gas Utilities	$8.1B	12.0
15	BEP	BROOKFIELD RENEWABLE PARTNERS L.P. FY · 2025-12-31 Analysis WACC DCF	Electric Utilities	$8.6B	12.1
16	EPD	ENTERPRISE PRODUCTS PARTNERS L.P. TTM · 2026-06-30 Analysis WACC DCF	Gas Utilities	$77.8B	12.3
17	PCG	PG&E CORP TTM · 2026-06-30 Analysis WACC DCF	Electric Utilities	$40.0B	12.6
18	SBS	COMPANHIA DE SANEAMENTO BASICO DO ESTADO DE SAO PAULO-SABESP FY · 2024-12-31 Analysis WACC DCF	Water Utilities	$22.7B	12.8
19	ET	ENERGY TRANSFER LP TTM · 2026-06-30 Analysis WACC DCF	Gas Utilities	$70.5B	13.3
20	AVA	AVISTA CORP TTM · 2026-06-30 Analysis WACC DCF	Electric Utilities	$3.0B	13.4
21	SWX	Southwest Gas Holdings, Inc. FY · 2025-12-31 Analysis WACC DCF	Gas Utilities	$6.2B	14.2
22	NJR	NEW JERSEY RESOURCES CORPORATION TTM · 2026-06-30 Analysis WACC DCF	Gas Utilities	$5.3B	14.4
23	ARTNA	ARTESIAN RESOURCES CORPORATION TTM · 2026-06-30 Analysis WACC DCF	Water Utilities	$349M	14.8
24	WES	Western Midstream Partners, LP TTM · 2026-03-31 Analysis WACC DCF	Gas Utilities	$18.7B	15.3
25	EXC	EXELON CORPORATION TTM · 2026-03-31 Analysis WACC DCF	Electric Utilities	$43.6B	15.7
26	OKE	ONEOK, Inc. TTM · 2026-06-30 Analysis WACC DCF	Gas Utilities	$58.9B	16.1
27	OGS	ONE Gas, Inc. TTM · 2026-06-30 Analysis WACC DCF	Gas Utilities	$4.7B	16.3
28	NWN	NORTHWEST NATURAL HOLDING COMPANY TTM · 2026-06-30 Analysis WACC DCF	Gas Utilities	$2.1B	16.3
29	AROC	Archrock, Inc. TTM · 2026-06-30 Analysis WACC DCF	Gas Utilities	$5.4B	16.4
30	RGCO	RGC Resources, Inc. TTM · 2026-06-30 Analysis WACC DCF	Gas Utilities	$237M	16.9
31	ES	EVERSOURCE ENERGY TTM · 2026-06-30 Analysis WACC DCF	Electric Utilities	$24.8B	17.0
32	SR	Spire Inc. FY · 2025-09-30 Analysis WACC DCF	Gas Utilities	$4.7B	17.4
33	PEG	Public Service Enterprise Group Incorporated TTM · 2026-06-30 Analysis WACC DCF	Electric Utilities	$35.1B	17.5
34	UGP	ULTRAPAR HOLDINGS INC. FY · 2024-12-31 Analysis WACC DCF	Gas Utilities	$8.3B	17.8
35	DUK	DUKE ENERGY CORPORATION TTM · 2026-03-31 Analysis WACC DCF	Electric Utilities	$92.2B	17.9
36	GNE	Genie Energy Ltd. TTM · 2026-06-30 Analysis WACC DCF	Electric Utilities	$445M	18.0
37	EMA	EMERA INCORPORATED FY · 2025-12-31 Analysis WACC DCF	Electric Utilities	$14.0B	18.0
38	PCYO	PURE CYCLE CORPORATION TTM · 2026-05-31 Analysis WACC DCF	Water Utilities	$271M	18.4
39	AEE	Ameren Corporation TTM · 2026-06-30 Analysis WACC DCF	Electric Utilities	$28.9B	18.4
40	D	DOMINION ENERGY, INC TTM · 2026-03-31 Analysis WACC DCF	Electric Utilities	$54.8B	18.4
41	ED	CONSOLIDATED EDISON INC TTM · 2026-03-31 Analysis WACC DCF	Electric Utilities	$39.9B	18.5
42	AEP	American Electric Power Company, Inc. FY · 2025-12-31 Analysis WACC DCF	Electric Utilities	$68.4B	18.5
43	MGEE	MGE Energy, Inc. TTM · 2026-03-31 Analysis WACC DCF	Electric Utilities	$2.7B	18.8
44	PNW	PINNACLE WEST CAPITAL CORPORATION TTM · 2026-06-30 Analysis WACC DCF	Electric Utilities	$12.3B	18.9
45	OTTR	OTTER TAIL CORPORATION TTM · 2026-06-30 Analysis WACC DCF	Electric Utilities	$3.7B	19.2
46	UTL	UNITIL CORPORATION FY · 2025-12-31 Analysis WACC DCF	Electric Utilities	$974M	19.4
47	FTS	FORTIS INC. FY · 2025-12-31 Analysis WACC DCF	Electric Utilities	$27.6B	19.7
48	BKH	Black Hills Corporation TTM · 2026-06-30 Analysis WACC DCF	Electric Utilities	$5.9B	19.7
49	ATO	Atmos Energy Corp TTM · 2026-06-30 Analysis WACC DCF	Gas Utilities	$27.6B	19.7
50	NEE	NEXTERA ENERGY INC TTM · 2026-03-31 Analysis WACC DCF	Electric Utilities	$163.2B	19.9
51	WTRG	Essential Utilities, Inc. TTM · 2026-06-30 Analysis WACC DCF	Water Utilities	$11.1B	20.1
52	ELPC	ENERGY CO OF PARANA FY · 2024-12-31 Analysis WACC DCF	Electric Utilities	$10.4B	20.1
53	CMS	CMS ENERGY CORPORATION TTM · 2026-06-30 Analysis WACC DCF	Electric Utilities	$20.8B	20.3
54	LNG	CHENIERE ENERGY, INC. TTM · 2026-06-30 Analysis WACC DCF	Gas Utilities	$59.3B	20.3
55	WEC	WEC ENERGY GROUP, INC. TTM · 2026-06-30 Analysis WACC DCF	Electric Utilities	$34.5B	20.4
56	POR	PORTLAND GENERAL ELECTRIC COMPANY TTM · 2026-06-30 Analysis WACC DCF	Electric Utilities	$5.2B	20.4
57	XEL	Xcel Energy Inc. TTM · 2026-06-30 Analysis WACC DCF	Electric Utilities	$46.6B	20.9
58	DTE	DTE ENERGY CO TTM · 2026-03-31 Analysis WACC DCF	Electric Utilities	$26.7B	21.1
59	MSEX	MIDDLESEX WATER COMPANY TTM · 2026-06-30 Analysis WACC DCF	Water Utilities	$1.0B	21.1
60	LNT	ALLIANT ENERGY CORP TTM · 2026-03-31 Analysis WACC DCF	Electric Utilities	$17.4B	21.1
61	NGG	NATIONAL GRID PLC FY · 2025-03-31 Analysis WACC DCF	Gas Utilities	$78.7B	21.2
62	YORW	YORK WATER COMPANY TTM · 2026-06-30 Analysis WACC DCF	Water Utilities	$506M	21.3
63	OGE	OGE ENERGY CORP. TTM · 2026-03-31 Analysis WACC DCF	Electric Utilities	$9.8B	21.3
64	PPL	PPL Corp TTM · 2026-03-31 Analysis WACC DCF	Electric Utilities	$26.1B	21.4
65	CWT	CALIFORNIA WATER SERVICE GROUP TTM · 2026-06-30 Analysis WACC DCF	Water Utilities	$2.9B	21.4
66	EVRG	EVERGY, INC. TTM · 2026-03-31 Analysis WACC DCF	Electric Utilities	$18.9B	21.5
67	KMI	KINDER MORGAN, INC. TTM · 2026-06-30 Analysis WACC DCF	Gas Utilities	$74.4B	21.5
68	CPK	CHESAPEAKE UTILITIES CORP TTM · 2026-06-30 Analysis WACC DCF	Gas Utilities	$3.3B	21.8
69	NI	NiSource Inc. TTM · 2026-06-30 Analysis WACC DCF	Electric Utilities	$19.9B	22.0
70	KEN	KENON HOLDINGS LTD. FY · 2025-12-31 Analysis WACC DCF	Electric Utilities	$3.3B	22.3
71	PLMK	PLUM ACQUISITION CORP. IV TTM · 2026-06-30 Analysis WACC DCF	Electric Utilities	$114M	22.7
72	KNTK	KINETIK HOLDINGS INC. TTM · 2026-06-30 Analysis WACC DCF	Gas Utilities	$4.5B	22.8
73	AWR	AMERICAN STATES WATER CO TTM · 2026-06-30 Analysis WACC DCF	Water Utilities	$3.3B	22.8
74	SO	SOUTHERN CO TTM · 2026-03-31 Analysis WACC DCF	Electric Utilities	$101.4B	22.9
75	AWK	AMERICAN WATER WORKS COMPANY, INC. TTM · 2026-06-30 Analysis WACC DCF	Water Utilities	$25.8B	22.9
76	EE	Excelerate Energy, Inc TTM · 2026-06-30 Analysis WACC DCF	Gas Utilities	$1.1B	23.1
77	HTO	H2O AMERICA TTM · 2026-03-31 Analysis WACC DCF	Water Utilities	$2.4B	23.3
78	CNP	CENTERPOINT ENERGY INC TTM · 2026-03-31 Analysis WACC DCF	Electric Utilities	$25.9B	24.2
79	AM	ANTERO MIDSTREAM CORPORATION FY · 2025-12-31 Analysis WACC DCF	Gas Utilities	$10.0B	24.2
80	IDA	IDACORP INC FY · 2025-12-31 Analysis WACC DCF	Electric Utilities	$7.9B	24.5
81	VST	Vistra Corp. TTM · 2026-06-30 Analysis WACC DCF	Electric Utilities	$54.5B	24.6
82	FE	FIRSTENERGY CORP TTM · 2026-03-31 Analysis WACC DCF	Electric Utilities	$26.2B	24.6
83	TRP	TC ENERGY CORPORATION FY · 2025-12-31 Analysis WACC DCF	Gas Utilities	$64.1B	25.5
84	USAC	USA Compression Partners, LP TTM · 2026-06-30 Analysis WACC DCF	Gas Utilities	$3.7B	25.5
85	NRG	NRG Energy, Inc TTM · 2026-06-30 Analysis WACC DCF	Electric Utilities	$22.5B	26.5
86	NWE	NORTHWESTERN ENERGY GROUP, INC. TTM · 2026-06-30 Analysis WACC DCF	Electric Utilities	$4.6B	27.0
87	SRE	SEMPRA TTM · 2026-03-31 Analysis WACC DCF	Gas Utilities	$53.9B	27.5
88	DTM	DT Midstream, Inc. TTM · 2026-06-30 Analysis WACC DCF	Gas Utilities	$12.9B	27.6
89	TRGP	TARGA RESOURCES CORP. TTM · 2026-06-30 Analysis WACC DCF	Gas Utilities	$62.8B	27.7
90	ETR	ENTERGY CORP /DE/ TTM · 2026-03-31 Analysis WACC DCF	Electric Utilities	$50.2B	27.8
91	CEPU	Central Puerto S.A. FY · 2024-12-31 Analysis WACC DCF	Electric Utilities	$2.0B	29.6
92	WMB	Williams Companies, Inc. TTM · 2026-06-30 Analysis WACC DCF	Gas Utilities	$91.2B	29.7
93	CWCO	CONSOLIDATED WATER CO. LTD. TTM · 2026-06-30 Analysis WACC DCF	Water Utilities	$485M	30.0
94	CEG	CONSTELLATION ENERGY CORPORATION TTM · 2026-06-30 Analysis WACC DCF	Electric Utilities	$104.8B	30.2
95	WM	Waste Management, Inc TTM · 2026-03-31 Analysis WACC DCF	Other	$84.7B	30.3
96	ENIC	ENEL CHILE S.A. FY · 2024-12-31 Analysis WACC DCF	Electric Utilities	$6.1B	30.4
97	RSG	REPUBLIC SERVICES, INC. TTM · 2026-06-30 Analysis WACC DCF	Other	$67.3B	30.8
98	HVII	HENNESSY CAPITAL INVESTMENT CORP. VII TTM · 2026-12-31 Analysis WACC DCF	Electric Utilities	$116M	35.8
99	WCN	WASTE CONNECTIONS, INC. TTM · 2026-06-30 Analysis WACC DCF	Other	$38.7B	36.5
100	TXNM	TXNM Energy, Inc. TTM · 2026-03-31 Analysis WACC DCF	Electric Utilities	$6.4B	39.1