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Re: waikikian post# 41390

Sunday, 04/02/2017 6:56:16 PM

Sunday, April 02, 2017 6:56:16 PM

Post# of 73898
Did an average a while back and average PE ratio for just straight electric utilities companies (keep in mind all well over a billion market cap and somewhat small sample size) was 18.24

However, newer technology such as solar all seemed to be way lower, usually only as high as like 5. So I think you're in the ballpark with using 10 on the optimistic side. I don't put much weight on things like that down here in the pinks though. They need to be delivering and attracting new investors.

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