Utility stocks with the lowest forward PE

Share price divided by analysts' consensus earnings per share for the next twelve months. As of Oct 24, 2026.

Ranked: 26; of 86 utility stocks we cover
Median: 18.0×
Lowest: 7.5×; PCG
Range: 7.5× to 23.4×

median 18.0×

7.5×23.4×

#	Company	Fwd PE	PE	Forward EPS growth	Market cap
1	PCGPG&E, Regulated Electric	7.5×	9.2×	−0.7%	$33.8B
2	NRGNRG Energy, Independent Power Producers	8.9×	24.4×	+53.8%	$19.4B
3	EIXEdison International, Regulated Electric	9.2×	5.9×	−12.9%	$22.1B
4	ESEversource Energy, Regulated Electric	14.3×	17.5×	−3.9%	$25.4B
5	EXCExelon, Regulated Electric	15.1×	16.2×	+5.3%	$45.9B
6	VSTVistra, Independent Power Producers	15.1×	23.7×	+32.3%	$47B
7	FEFirstEnergy, Regulated Electric	16.1×	24.5×	+11.0%	$26.7B
8	SRESempra, Diversified Utilities	16.1×	24.4×	+3.0%	$55B
9	PEGPublic Service Enterprise, Regulated Electric	16.1×	17.9×	+4.7%	$35.9B
10	DTEDTE Energy, Regulated Electric	16.2×	20.8×	+13.9%	$27.4B
11	CMSCMS Energy, Regulated Electric	16.8×	20.9×	+22.6%	$21.8B
12	PPLPPL, Regulated Electric	16.9×	20.7×	+12.2%	$26.3B
13	DDominion Energy, Regulated Electric	17.7×	22.7×	+5.6%	$57.3B
14	EDConsolidated Edison, Regulated Electric	18.3×	19.0×	+9.1%	$42.8B
15	XELXcel Energy, Regulated Electric	18.4×	21.4×	+5.1%	$48.8B
16	DUKDuke Energy, Regulated Electric	18.5×	18.8×	+1.2%	$97.4B
17	ATOAtmos Energy, Regulated Gas	19.2×	20.5×	+6.4%	$29.1B
18	NEENextEra Energy, Regulated Electric	19.3×	14.8×	+5.8%	$171.2B
19	AEPAmerican Electric Power, Regulated Electric	19.4×	22.4×	+11.5%	$70.6B
20	AEEAmeren, Regulated Electric	19.6×	19.0×	+3.1%	$29.9B
21	SOSouthern, Regulated Electric	20.0×	22.4×	+1.1%	$106.9B
22	CEGConstellation Energy, Independent Power Producers	20.4×	24.7×	+16.9%	$89.8B
23	CNPCenterPoint Energy, Regulated Electric	20.5×	24.2×	+4.8%	$27.1B
24	WECWEC Energy, Regulated Electric	20.7×	21.5×	−4.3%	$36.2B
25	ETREntergy, Regulated Electric	22.8×	27.5×	+19.8%	$50.1B
26	AWKAmerican Water Works, Regulated Water	23.4×	24.7×	+5.0%	$28.4B