CDUAF (Canadian Utilities) PE Ratio without NRI: 452.68 (As of Jun. 24, 2026) — 2172% Above Median


CDUAF Canadian Utilities Ltd CDUAF
71 GF Score
Price $36.67
GF Value $26.42
Valuation Significantly Overvalued
! 14 Warning Signs
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What is Canadian Utilities PE Ratio without NRI?

Canadian Utilities CDUAF -0.07% 71 PE Ratio without NRI is 452.68 as of Jun. 24, 2026, which is 2172% above its 10-year median of 19.92. GuruFocus rates CDUAF with a GF Score™ of 71/100 and a GF Value™ of $26.42 (Significantly Overvalued). The stock has 14 warning signs investors should review. Among 449 Utilities - Regulated companies, Canadian Utilities ranks worse than 99.33% on this metric.

The PE Ratio without NRI, or P/E Ratio without non-recurring items, is a financial ratio used to compare a company's market price to its EPS without NRI. As of today (2026-06-24), Canadian Utilities's share price is $36.6673. Canadian Utilities's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was $0.08. Therefore, Canadian Utilities's PE Ratio without NRI for today is 452.68.

During the past 13 years, Canadian Utilities's highest PE Ratio without NRI was 497.50. The lowest was 10.59. And the median was 19.92.

Canadian Utilities's EPS without NRI for the three months ended in Mar. 2026 was $0.54. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was $0.08.

As of today (2026-06-24), Canadian Utilities's share price is $36.6673. Canadian Utilities's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $0.08. Therefore, Canadian Utilities's PE Ratio (TTM) for today is 470.09.

Warning Sign:

Canadian Utilities Ltd stock PE Ratio (=513) is close to 10-year high of 517.4.

During the past years, Canadian Utilities's highest PE Ratio (TTM) was 517.40. The lowest was 8.83. And the median was 19.87.

Canadian Utilities's EPS (Diluted) for the three months ended in Mar. 2026 was $0.55. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $0.08.

Canadian Utilities's EPS (Basic) for the three months ended in Mar. 2026 was $0.55. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was $0.08.


Canadian Utilities  (OTCPK:CDUAF) PE Ratio without NRI Explanation

The PE Ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio is positive. Also for stocks with the same PE Ratio, the one with faster growth business is more attractive.

If a company loses money, the PE Ratio becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio divided by the growth ratio. He thinks a company with a PE Ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio of 20, instead of a company growing 10% a year with a PE Ratio of 10.

Because the PE Ratio measures how long it takes to earn back the price you pay, the PE Ratio can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio without NRI measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratio s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio.


Canadian Utilities PE Ratio without NRI Related Terms


Canadian Utilities PE Ratio without NRI Historical Data

* Premium members only.

The historical data trend for Canadian Utilities's PE Ratio without NRI 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 PE Ratio without NRI Chart

Canadian Utilities Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PE Ratio without NRI
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.94 13.96 18.85 20.54 288.72

Canadian Utilities Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PE Ratio without NRI Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.26 19.69 17.35 288.72 469.81

CDUAF vs SRE, AES: PE Ratio without NRI Comparison

For the Utilities - Diversified subindustry, Canadian Utilities's PE Ratio without NRI, along with its competitors' market caps and PE Ratio without NRI 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 PE Ratio without NRI vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Canadian Utilities's PE Ratio without NRI distribution charts can be found below:

* The bar in red indicates where Canadian Utilities's PE Ratio without NRI falls into.


CDUAF
71GF Score
Canadian Utilities Ltd CDUAF
PE Ratio without NRI is just one metric. See GF Score™, valuation, warning signs, and more.
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Canadian Utilities PE Ratio without NRI Calculation

The PE Ratio without NRI, or P/E Ratio without non-recurring items, is a financial ratio used to compare a company's market price to its EPS without NRI. Regular 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 regular PE Ratio.

Canadian Utilities's PE Ratio without NRI for today is calculated as

PE Ratio without NRI=Share Price/ EPS without NRI
=36.6673/0.081
=452.68

Canadian Utilities's Share Price of today is $36.6673.
Canadian Utilities's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.08.

* 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.

There are at least three kinds of PE Ratios used by different investors. They are Trailing Twelve Month PE Ratio, Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio based on inflation-adjusted normalized PE Ratio is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

In the calculation of PE Ratio (TTM), the earnings per share used are the earnings per share over the past 12 months.

For Forward PE Ratio, the earnings are the expected earnings for the next twelve months.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.

Frequently Asked Questions Learn more about PE Ratio without NRI →
What does a PE Ratio without NRI of 452.68 mean?
Canadian Utilities (CDUAF) has a PE Ratio without NRI of 452.68 as of Jun. 24, 2026. P/E without nonrecurring items is the ratio of share price to a company's earnings less one-time charges. View historical data on Canadian Utilities and its competitors. This is 2172% above median its historical median of 19.92. Over the past decade, Canadian Utilities' PE Ratio without NRI has ranged from 10.59 to 497.50. According to the industry distribution chart, Canadian Utilities ranks #446 out of 449 companies in the Utilities - Regulated industry, placing it in the top 99.3%.
Is Canadian Utilities' PE Ratio without NRI too high?
Canadian Utilities' current PE Ratio without NRI of 452.68 is 2172% above median its 10-year median of 19.92. Over the past 10 years, this metric has ranged from a low of 10.59 to a high of 497.50. The Utilities - Regulated industry median PE Ratio without NRI is 15.12. Canadian Utilities' value of 452.68 is 2893.9% above this industry median. Based on the distribution chart, Canadian Utilities ranks #446 out of 449 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Canadian Utilities has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Canadian Utilities' PE Ratio without NRI compare to SRE and AES?
According to the Utilities - Regulated industry distribution chart, Canadian Utilities ranks #446 out of 449 companies for PE Ratio without NRI. This places Canadian Utilities in the lower half of its industry. The industry median PE Ratio without NRI is 15.12. Canadian Utilities' value of 452.68 is 2893.9% above this benchmark. Historically, Canadian Utilities' own PE Ratio without NRI has ranged from 10.59 to 497.50 over the past decade. While the company's 10-year median is 19.92 vs. the industry median of 15.12, Canadian Utilities has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PE Ratio without NRI for an Utilities - Regulated company?
The median PE Ratio without NRI among Utilities - Regulated companies is 15.12, based on 449 companies in the industry. Companies in the top quartile (top 25%) have a PE Ratio without NRI significantly above this median, while those in the bottom quartile fall well below. However, PE Ratio without NRI should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Canadian Utilities's current PE Ratio without NRI of 452.68 is 2893.9% 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 PE Ratio without NRI mean?
A high PE Ratio without NRI can signal that a stock is expensive relative to its fundamentals. P/E without nonrecurring items is the ratio of share price to a company's earnings less one-time charges. View historical data on Canadian Utilities and its competitors. For the Utilities - Regulated industry, the median PE Ratio without NRI is 15.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canadian Utilities's current PE Ratio without NRI is 452.68, which is 2172% above median its own 10-year median of 19.92. 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 $26.42, compared to a current price of $36.67 — trading 38.8% above its estimated fair value. The current PE Ratio without NRI is 452.68, which is 2172% above median its 10-year median of 19.92 and 2893.9% above the Utilities - Regulated industry median of 15.12. Canadian Utilities' overall GF Score™ is 71/100 with 14 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PE Ratio without NRI calculated?
PE Ratio without NRI is calculated from a company's financial statements. For Canadian Utilities (CDUAF), the current PE Ratio without NRI is 452.68 as of Jun. 24, 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 $36.67 is trading 38.8% above its estimated GF Value™ of $26.42. GuruFocus considers Canadian Utilities to be Significantly Overvalued.

Key valuation signals for CDUAF:

  • PE Ratio without NRI: 452.68 (2172% above median its 10-year median of 19.92)
  • GF Value™: $26.42 vs. price of $36.67 (38.8% above fair value)
  • GF Score™: 71/100 with 14 warning signs
  • Industry Position: 2893.9% above the Utilities - Regulated median (#446 of 449)

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 Business Description

Address 5302 Forand Street South West, 4th Floor, West Building, Corporate Governance & Secretarial, Calgary, AB, CAN, T3E 8B4
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.
71GF Score

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PE Ratio without NRI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$36.67
Price
$26.42
GF Value