Currently, Xcel Energy (XEL) stock is trading at a PE multiple of 20.0x compared to its five-year historical average of 18.0x. The stock appears to be trading at a premium to its historical average valuation, considering its PE multiple. It’s EV[1. enterprise value]-to-EBITDA multiple is 10.0x, which is close to its five-year valuation average.
PPL (PPL) stock is trading at a PE multiple of 13.0x compared to its five-year historical average valuation of 14.0x. Its EV-to-EBITDA multiple stands at 9.7x against its five-year historical average of 11.0x. So, PPL seems to be trading at a discounted valuation to its historical multiples.
Duke Energy (DUK) is trading at a valuation multiple of 10.6x, which is close to its historical average. It’s currently trading at a PE multiple of 19.0x.
Amid increased trade war tensions in the last few weeks, investors have turned to utilities (XLU), mainly due to their higher dividend yields and stable stock price movements. To learn more about the top-ranked utilities, see Do You Own Any of These Top-Yielding S&P 500 Utilities Stocks?