The current PE ratio for Cms Energy stock as of Nov 29, 2023 is 22.34. This is calculated based on the current EPS of $2.54 and the stock price of $56.75 per share. The P/E ratio has decreased by 3.9% from the past four quarters average of 23.2.
The average historical PE ratio of Cms Energy for the last ten years is 21.26. The current PE ratio of 22.34 is 5% above the historical average. In the past ten years, CMS's PE ratio was at its highest in the Sep 2019 quarter at 29.2, when the stock price was $63.95 and the EPS was $2.19. The lowest value was in the Sep 2022 quarter, when it reached 13.03 with a price of $58.24 and an EPS of $4.47.
Maximum annual increase: 59.17% in 2022
Maximum annual decrease: -39.36% in 2021
| Year | PE ratio | Change |
|---|---|---|
| 2022 | 22.22 | 59.17% |
| 2021 | 13.96 | -39.36% |
| 2020 | 23.02 | -12.07% |
| 2019 | 26.18 | 22.85% |
| 2018 | 21.31 | -26.11% |
| 2017 | 28.84 | 37.92% |
| 2016 | 20.91 | 10.11% |
| 2015 | 18.99 | -3.8% |
| 2014 | 19.74 | 26.13% |
| 2013 | 15.65 | -6.29% |
Currently, CMS's PE ratio is greater than its 3, 5 and 10-year historical averages.
CMS's PE ratio is lower than its peer stock MGEE, but it is greater than EXC's and XEL's. Cms Energy is presently trading at a higher PE ratio (22.34) than its peer group average of 18.79.
| Stock name | PE ratio | Market cap |
|---|---|---|
| DTE Dte Energy Co | 17.21 | $21.48B |
| AEE Ameren Corp | 17.42 | $20.24B |
| EXC Exelon Corp | 17.94 | $38.21B |
| LNT Alliant Energy Corp | 18.29 | $12.74B |
| XEL Xcel Energy Inc | 18.93 | $33.11B |
| WEC Wec Energy Group Inc | 19.16 | $26.17B |
| CMS Cms Energy Corp | 22.34 | $16.56B |
| MGEE Mge Energy Inc | 22.55 | $2.67B |
CMS's price to earnings ratio is 22.34 as of Nov 29, 2023.
Over the last 3 years, the average price to earnings ratio for CMS stock is 19.33.
Over the last 5 years, the average price to earnings ratio for CMS stock is 21.5.
In the last ten years, the Sep 2019 quarter recorded the highest quarterly PE ratio at 29.2.
The current price to earnings ratio of CMS is 5% higher than the 10-year historical average.
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Nov 29, 2023), Cms Energy's stock price is $56.75. The earnings per share for the trailing twelve months (TTM) ending Sep 2023 is $2.54. Therefore, Cms Energy's P/E ratio for today is 22.34. PE RATIO(22.34) = STOCK PRICE($56.75) / TTM EPS($2.54)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.