As at Jul 26, 2024, the CEG stock has a price-to-earnings ratio of 23.25. This is based on the current EPS of $7.53 and the stock price of $175.04 per share. A decrease of 13% has been recorded in the PE ratio compared to the average of 26.8 of the last four quarters.
The mean historical PE ratio of Constellation Energy over the last three years is 56.56. The current 23.25 P/E ratio is 59% lower than the historical average. In the past three 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 Sep 2023 quarter marked the lowest point at 20.86, with a price of $109.08 and an EPS of $5.23.
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 23.28 | N/A |
| 2022 | N/A | N/A |
| 2021 | N/A | N/A |
| 2020 | N/A | N/A |
| 2019 | N/A | N/A |
| 2018 | N/A | N/A |
In comparison to its peer PNM, CEG's PE ratio is lower, but it is higher than PNW's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| PNW Pinnacle West Capital Corp | 18.42 | $9.62B |
| CEG Constellation Energy Corporation | 23.25 | $55.18B |
| PNM Pnm Resources Inc | 44.81 | $3.68B |
| PEGY Pineapple Holdings Inc | N/A | $8.76M |
The price to earnings ratio for CEG stock as of Jul 26, 2024, stands at 23.25.
The highest quarterly PE ratio in the last three years has been 175.78 and it was in the Mar 2022 quarter.
CEG's current price to earnings ratio is 59% below its 3-year historical average.
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Jul 26, 2024), Constellation Energy's stock price is $175.04. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $7.53. Therefore, Constellation Energy's PE ratio for today is 23.25. PE RATIO(23.25) = STOCK PRICE($175.04) / TTM EPS($7.53)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.