Electric utilities with the lowest price to sales ratio

Ranked

41

of 52 electric utilities we cover

Median

2.8×

Lowest

0.2×

SPRU

Range

0.2× to 5.9×

#	Company	P/S	Net margin	Revenue growth (TTM)	Market cap
1	SPRUSpruce Power	0.2×	−6.8%	+10.0%	$25.6M
2	HEHawaiian Electric Industries	0.4×	6.8%	+5.1%	$1.5B
3	XIFRXPLR Infrastructure	0.7×	5.2%	−2.8%	$892.8M
4	GNEGenie Energy	0.9×	4.9%	+10.0%	$439.8M
5	EIXEdison International	1.1×	19.3%	+10.7%	$22.1B
6	HNRGHallador Energy	1.2×	−0.2%	+7.9%	$520.9M
7	PCGPG&E	1.3×	12.3%	+5.7%	$33.8B
8	OPTTOcean Power Technologies	1.5×	n/m	−25.8%	$6.2M
9	PORPortland General Electric	1.5×	n/m	+1.3%	$5.2B
10	AVAAvista	1.6×	11.8%	−1.8%	$3.2B
11	DTEDTE Energy	1.7×	8.0%	+15.9%	$27.4B
12	UTLUnitil	1.7×	9.5%	+20.8%	$1B
13	FEFirstEnergy	1.7×	6.9%	+12.6%	$26.7B
14	EXCExelon	1.8×	11.0%	+6.6%	$45.9B
15	ESEversource Energy	1.8×	10.4%	+7.8%	$25.4B
16	PNWPinnacle West Capital	2.3×	11.5%	+5.7%	$12.8B
17	EDConsolidated Edison	2.4×	12.5%	+9.5%	$42.8B
18	CMSCMS Energy	2.5×	11.6%	+9.9%	$21.8B
19	BKHBlack Hills	2.6×	13.0%	+2.5%	$6.1B
20	TXNMTXNM Energy	2.7×	8.8%	+10.0%	$6B
21	PPLPPL	2.8×	13.5%	+6.7%	$26.3B
22	CNPCenterPoint Energy	2.8×	11.6%	+7.1%	$27.1B
23	NWENorthWestern Energy	2.8×	10.1%	+10.7%	$4.8B
24	PEGPublic Service Enterprise	2.9×	16.0%	+12.7%	$35.9B
25	OTTROtter Tail	2.9×	14.8%	+0.3%	$3.8B
26	DUKDuke Energy	2.9×	15.8%	+6.3%	$97.4B
27	OGEOGE Energy	3.1×	14.4%	+0.6%	$10B
28	AEPAmerican Electric Power	3.1×	13.8%	+10.3%	$70.6B
29	DDominion Energy	3.2×	14.0%	+19.0%	$57.3B
30	EVRGEvergy	3.2×	15.2%	+3.6%	$19.5B
31	XELXcel Energy	3.3×	15.3%	+4.7%	$48.8B
32	AEEAmeren	3.4×	17.9%	+3.8%	$29.9B
33	SOSouthern	3.5×	15.4%	+6.4%	$106.9B
34	WECWEC Energy	3.6×	16.7%	+8.9%	$36.2B
35	ETREntergy	3.7×	13.5%	+9.5%	$50.1B
36	CWENClearway Energy	4.1×	5.8%	+9.9%	$6.4B
37	LNTAlliant Energy	4.1×	18.4%	+6.8%	$18.1B
38	ORAOrmat Technologies	4.5×	10.7%	+31.1%	$5.4B
39	IDAIdacorp	4.5×	18.8%	−0.4%	$8.1B
40	TLNTalen Energy	4.6×	−5.4%	+60.8%	$15.7B
41	NEENextEra Energy	5.9×	40.4%	+9.6%	$171.2B

Not ranked: 5 with not a meaningful number. 6 companies whose data behind this number has a caveat are left out until it is checked.

A ranking of numbers, not a recommendation. A low multiple can be a bargain or a business in trouble: open the company to see which.