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  5. AQN: Can you please tell me the estimated forward P/E for the above 4 utilities. [Algonquin Power & Utilities Corp.]
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Q: Can you please tell me the estimated forward P/E for the above 4 utilities. Could you please rate from best to worse for potential total return over the next 2-3 years.
Thanks
Asked by Grant on October 12, 2023
5i Research Answer:

We would rank (with P/E noted): BEP.UN (negative P/E on an expected 6c loss. But P/CF is 7X), AQN (11X), NPI (22X), INE (37X)