| CenterPoint Energy’s Performance against Its Peers and ETFs | |
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CenterPoint Energy's 3Q15 Earnings Results Were Mixed (Continued from Prior Part) CenterPoint Energy and its peers
In this article, we’ll compare CenterPoint Energy with its peers on multiple measures:
- The PE (price-to-earnings) ratios of CenterPoint Energy (CNP), American Electric Power (AEP), Xcel Energy (XEL), AGL Resources (GAS), and Atmos Energy Corporation (ATO) are 15.2x, 15.8x, 20.1x, 18.4x, and 20.2x, respectively.
- The PBV (price-to-book value) ratios of CenterPoint Energy, American Electric Power, Xcel Energy, AGL Resources, and Atmos Energy Corporation are 1.8x, 1.6x, 1.8x, 1.9x, and 2.0x, respectively.
Thus, most of these peers have outperformed CenterPoint Energy based on PE and PBV ratios.
ETFs that invest in CenterPoint Energy
The Guggenheim S&P Equal Weight Utilities ETF (RYU) invests 2.9% of its holdings in CenterPoint Energy. The ETF tracks an equal-weighted index of S&P 500 utility companies.
The First Trust Utilities AlphaDEX Fund (FXU) invests 2.5% of its holdings in CenterPoint Energy. The ETF tracks a tiered equal-weighted index of US utility firms selected from the Russell 1000 Index.
The PowerShares S&P 500 High Dividend Low Volatility ETF (SPHD) invests 2.5% of its holdings in CenterPoint Energy. The ETF tracks a dividend yield-weighted index comprising the 50 least volatile names chosen from a short list of the S&P 500’s 75 highest-dividend-yielding securities.
Comparing CenterPoint Energy and its ETFs
Now let’s compare CenterPoint Energy with the ETFs that invest in it:
- The YTD (year-to-date) price movements of CenterPoint Energy, RYU, FXU, and SPHD are -18.1%, -3.1%, -3.4%, and 4.4%, respectively.
- The PE ratios of CenterPoint Energy, RYU, FXU, and SPHD are 15.2x, 17.5x, 15.8x, and 20.1x, respectively.
- The PBV ratios of CenterPoint Energy, RYU, FXU, and SPHD are 1.8x, 1.5x, 1.4x, and 2.2x, respectively.
According to the above findings, these ETFs have outperformed CenterPoint Energy based on price movement and PE ratio. However, CenterPoint Energy is ahead of most of its ETFs based on PBV ratio.
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Atmos Energy
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CODE : ATO |
ISIN : US0495601058 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Atmos Energy is based in United states of america. Atmos Energy is listed in Germany and in United States of America. Its market capitalisation is US$ 13.1 billions as of today (€ 12.3 billions). Its stock quote reached its lowest recent point on September 14, 1984 at US$ 1.34, and its highest recent level on April 23, 2024 at US$ 117.67. Atmos Energy has 110 958 181 shares outstanding. |