Ok, you don't understand cash flow or free cash flow and don't care to spend fifteen minutes to learn this important aspect of valuing companies. Keep using p/e and mislead yourself. Your loss. But you might want to think twice before criticizing those who do company analysis correctly. Think about it. Ten professionally-trained analysts spend countless hours analyzing a company, speaking wth management, using their knowledge of the single industry that they cover, nine call AQN a buy and one a hold, have an average target price about 25% above where it is trading while you take 15 minutes to scan whatever on the same company in an industry you admittedly do not follow and from what I understand are not trained in this profession and don't even use the correct metrics, but you are so obviously correct and every expert is wrong. It's fine to disagree. But to come across that you are right and everyone else is wrong is more than a little "over the top."