What are Value Stocks?
A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock.
The following stocks are considered to be notable value stocks in the utilities sector:
- Enel Chile (NYSE:ENIC) - P/E: 2.61
- Brookfield Renewable (NYSE:BEPC) - P/E: 3.29
- Hawaiian Electric Indus (NYSE:HE) - P/E: 7.04
- Suburban Propane Partners (NYSE:SPH) - P/E: 9.67
- TransAlta (NYSE:TAC) - P/E: 4.85
This quarter, Enel Chile ...