CEG
Constellation Energy
PE ratio, current and historical analysis
- Stocks
- Utilities
- NASDAQ: CEG
- PE Ratio
As at Jun 5, 2026, the CEG stock has a price-to-earnings ratio of 22.12. This is based on the current EPS of $11.52 and the stock price of $254.83 per share. A decrease of 38% has been recorded in the PE ratio compared to the average of 35.8 of the last four quarters.
CEG PE ratio history
The mean historical PE ratio of Constellation Energy over the last five years is 40.09. The current 22.12 P/E ratio is 45% lower than the historical average. In the past five years, CEG's PE ratio peaked in the Mar 2022 quarter at 175.78, with a price of $56.25 and an EPS of $0.32. The Dec 2024 quarter marked the lowest point at 18.78, with a price of $223.71 and an EPS of $11.91.
Constellation Energy PE ratio by year
Maximum annual increase: 154.21% in 2025
Maximum annual decrease: -19.33% in 2024
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 47.74 | 154.21% | $353.27 | $7.4 |
| 2024 | 18.78 | -19.33% | $223.71 | $11.91 |
| 2023 | 23.28 | N/A | $116.89 | $5.02 |
| 2022 | N/A | N/A | $86.21 | -$0.49 |
| 2021 | N/A | N/A | N/A | $0 |
| 2020 | N/A | N/A | N/A | $0 |
| 2019 | N/A | N/A | N/A | N/A |
| 2018 | N/A | N/A | N/A | N/A |
Constellation Energy PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 24.24 | -49.22% | $279.25 | $11.52 |
| Dec 2025 | 47.74 | 26.8% | $353.27 | $7.4 |
| Sep 2025 | 37.65 | 11.85% | $329.07 | $8.74 |
| Jun 2025 | 33.66 | 58.62% | $322.76 | $9.59 |
| Mar 2025 | 21.22 | 12.99% | $201.63 | $9.5 |
| Dec 2024 | 18.78 | -34.27% | $223.71 | $11.91 |
| Sep 2024 | 28.57 | 7.57% | $260.02 | $9.1 |
| Jun 2024 | 26.56 | 8.19% | $200.27 | $7.54 |
| Mar 2024 | 24.55 | 5.46% | $184.85 | $7.53 |
| Dec 2023 | 23.28 | 11.6% | $116.89 | $5.02 |
| Sep 2023 | 20.86 | -45.55% | $109.08 | $5.23 |
| Jun 2023 | 38.31 | N/A | $91.55 | $2.39 |
| Mar 2023 | N/A | N/A | $78.5 | -$0.52 |
| Dec 2022 | N/A | N/A | $86.21 | -$0.49 |
| Sep 2022 | N/A | N/A | $83.19 | -$0.59 |
CEG Price vs fair value
CEG average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
Currently, CEG's PE ratio is lower than the 3-year average.
PE comparison
Constellation Energy's P/E of 22.12 is above the Utilities sector and the industry average. In comparison with its Utilities sector average of 19.9, Constellation Energy's P/E is 11% higher.
CEG PE vs peers
In comparison to its peer ORA, CEG's PE ratio is lower, but it is higher than PNW's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| PNW Pinnacle West Capital Corp | 18.91 | $12.49B |
| CEG Constellation Energy Corporation | 22.12 | $92.04B |
| ORA Ormat Technologies Inc | 66.99 | $8.6B |
| SUNE SUNation Energy Inc | N/A | $4.66M |
Frequently asked questions
What is Constellation Energy's PE ratio?
The price to earnings ratio for CEG stock as of Jun 5, 2026, stands at 22.12.
What is the 3-year average PE ratio for Constellation Energy (CEG)?
The 3-year average price to earnings ratio for CEG stock is 28.79.
What is the highest PE ratio for CEG?
The highest quarterly PE ratio in the last five years has been 175.78 and it was in the Mar 2022 quarter.
How does the current PE ratio for CEG compare to its historical average?
CEG's current price to earnings ratio is 45% below its 5-year historical average.
How is CEG's PE ratio calculated (Constellation Energy PE ratio formula)?
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Jun 5, 2026), Constellation Energy's stock price is $254.83. The earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $11.52. Therefore, Constellation Energy's PE ratio for today is 22.12. PE RATIO(22.12) = STOCK PRICE($254.83) / TTM EPS($11.52)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.