Start with its own history
At 8.67×, CNUTF is 82.4% below its 9-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
OTC · CNUTFDiversified UtilitiesUpdated Nov 1, 2026
Canadian Utilities Limited 2ND PFD SER DD% P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
8.67×
82.4% belowthe 9-observation annual average
Share price14.5206
÷Earnings per share1.6749
Price and EPS in quote currency. Calculation details
Investors are paying 8.67 for every 1 of reported earnings per share.
P/E over time
2017 – 2025
Annual P/ESelected-period average 49.24×
3-year average107.37×3 positive annual observations
5-year average73.98×5 positive annual observations
10-year average49.24×9 positive annual observations
Peer median · TTM25.54×8 peers with positive P/E
Historical P/E ratios
Annual period-end data · 9 observations
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2025 | 284.87× | +1109.8% |
| Dec 31, 2024 | 23.55× | +72.0% |
| Dec 31, 2023 | 13.69× | -22.7% |
| Dec 31, 2022 | 17.71× | -41.1% |
| Dec 31, 2021 | 30.07× | +27.7% |
| Dec 31, 2020 | 23.55× | +94.8% |
| Dec 31, 2019 | 12.09× | -19.7% |
| Dec 31, 2018 | 15.06× | -33.2% |
View all 9 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2017 | 22.54× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How CNUTF compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 CNUTF This stockCanadian Utilities Limited 2ND PFD SER DD% | 8.67× |
 ACO-X.TOATCO Ltd. | 51.81× |
 ENB.TOEnbridge Inc. | 23.00× |
 AQN.TOAlgonquin Power & Utilities Corp. | 30.70× |
 FTS.TOFortis Inc. | 24.30× |
 TRP.TOTC Energy Corporation | 26.78× |
 EMA.TOEmera Incorporated | 22.05× |
 ALA.TOAltaGas Ltd. | 28.03× |
 H.TOHydro One Limited | 23.75× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does CNUTF’s P/E tell you?
Compare like with like
The median of the 8 positive peer ratios above is 25.54×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
Check what drives earnings
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Take CNUTF into your spreadsheet
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore WisesheetsQuarterly P/E · latest quarterLQ selects the latest reported quarter. Requires the Wisesheets add-in. See available data
=WISE("CNUTF", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 14.5206 ÷ EPS 1.6749 = 8.67×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 1, 2026; this is not a real-time trading quote.
History & averages
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
Data definitions and limitations
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
CNUTF P/E ratio: common questions
The essentials behind the numbers.
Canadian Utilities Limited 2ND PFD SER DD%'s current P/E is 8.67× based on the quote data last updated Nov 1, 2026. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.