Canadian Utilities (OTCPK:CDUAF) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
Canadian Utilities Forward PE Ratio Related Terms
Canadian Utilities Forward PE Ratio Historical Data
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The historical data trend for Canadian Utilities's Forward PE Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Canadian Utilities Forward PE Ratio Chart
Canadian Utilities Annual Data
Trend
2015-12
2016-12
2017-12
2018-12
2019-12
2020-12
2021-12
2022-12
2023-12
2024-12
2025-12
Forward PE Ratio
14.43
16.08
15.90
13.83
18.45
15.29
16.95
15.95
13.59
14.16
17.36
Canadian Utilities Quarterly Data
2015-12
2016-03
2016-06
2016-09
2016-12
2017-03
2017-06
2017-09
2017-12
2018-03
2018-06
2018-09
2018-12
2019-03
2019-06
2019-09
2019-12
2020-03
2020-06
2020-09
2020-12
2021-03
2021-06
2021-09
2021-12
2022-03
2022-06
2022-09
2022-12
2023-03
2023-06
2023-09
2023-12
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
14.43
17.01
17.48
16.64
16.08
17.09
17.92
16.08
15.90
14.90
15.13
13.42
13.83
16.75
16.78
18.83
18.45
15.27
15.85
15.13
15.29
16.81
16.89
15.75
16.95
17.01
16.03
15.75
15.95
16.50
14.75
12.47
13.59
13.02
12.55
14.88
14.16
15.27
15.69
15.24
17.36
18.92
CDUAF vs SRE, AES: Forward PE Ratio Comparison
For the Utilities - Diversified subindustry, Canadian Utilities's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Canadian Utilities Forward PE Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Canadian Utilities's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Canadian Utilities's Forward PE Ratio falls into.
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
Canadian Utilities (CDUAF) has a Forward PE Ratio of 20.14 as of Jul. 06, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Canadian Utilities and its competitors. According to the industry distribution chart, Canadian Utilities ranks #216 out of 275 companies in the Utilities - Regulated industry, placing it in the top 78.5%.
Is Canadian Utilities' Forward PE Ratio too high?
Canadian Utilities' current Forward PE Ratio is 20.14. The Utilities - Regulated industry median Forward PE Ratio is 14.65. Canadian Utilities' value of 20.14 is 37.5% above this industry median. Based on the distribution chart, Canadian Utilities ranks #216 out of 275 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Canadian Utilities has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Canadian Utilities' Forward PE Ratio compare to SRE and AES?
According to the Utilities - Regulated industry distribution chart, Canadian Utilities ranks #216 out of 275 companies for Forward PE Ratio. This places Canadian Utilities in the lower half of its industry. The industry median Forward PE Ratio is 14.65. Canadian Utilities' value of 20.14 is 37.5% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for an Utilities - Regulated company?
The median Forward PE Ratio among Utilities - Regulated companies is 14.65, based on 275 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Canadian Utilities's current Forward PE Ratio of 20.14 is 37.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Canadian Utilities and its competitors. For the Utilities - Regulated industry, the median Forward PE Ratio is 14.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canadian Utilities's current Forward PE Ratio is 20.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canadian Utilities stock overvalued right now?
Based on GuruFocus' analysis, Canadian Utilities (CDUAF) is currently considered Significantly Overvalued. The stock's GF Value™ is $26.45, compared to a current price of $36.41 — trading 37.7% above its estimated fair value. The current Forward PE Ratio is 20.14 and 37.5% above the Utilities - Regulated industry median of 14.65. Canadian Utilities' overall GF Score™ is 77/100 with 14 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For Canadian Utilities (CDUAF), the current Forward PE Ratio is 20.14 as of Jul. 06, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Canadian Utilities (CDUAF) Overvalued in 2026?
Based on GuruFocus' analysis, Canadian Utilities stock appears to be overvalued.
The current stock price of $36.41 is trading 37.7% above its estimated GF Value™ of $26.45.
GuruFocus considers Canadian Utilities to be Significantly Overvalued.
Key valuation signals for CDUAF:
Forward PE Ratio: 20.14
GF Value™: $26.45 vs. price of $36.41 (37.7% above fair value)
Industry Position: 37.5% above the Utilities - Regulated median (#216 of 275)
No single metric tells the full story. See the CDUAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Canadian Utilities Ltd, a subsidiary of holding company Atco, offers gas and electricity services. The company is engaged in segments that include ATCO Energy Systems, ATCO EnPower, ATCO Australia, and Corporate & Other. Headquartered in Calgary, Alberta, the firm mainly operates in Canada, Australia, and others. The company generates maximum revenue from Canada. Canadian Utilities launched a large venture called Atco Energy, which provides low-cost and sustainable energy solutions for Alberta.
77GF Score
Get the complete analysis for CDUAF
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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