Constellation Energy Corporation (CEG) P/E Ratio History
Premium ValuationTrading at 37.0x vs 5Y avg 28.7x · 79th percentile · Premium to historical baseline · Data 2022–2026
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P/E Ratio Analysis
As of June 22, 2026, Constellation Energy Corporation (CEG) trades at a price-to-earnings ratio of 37.0x, with a stock price of $274.06 and trailing twelve-month earnings per share of $10.75.
The current P/E is 29% above its 5-year average of 28.7x. Over the past five years, CEG's P/E has ranged from a low of 18.8x to a high of 47.7x, placing the current valuation at the 79th percentile of its historical range.
Compared to the Utilities sector median P/E of 19.0x, CEG trades at a 95% premium to its sector peers. The sector includes 111 companies with P/E ratios ranging from 0.0x to 170.1x.
The PEG ratio of 1.14 (P/E divided by -38% EPS growth) suggests a fair valuation relative to its earnings growth. Peter Lynch popularized the rule that a PEG below 1.0 indicates an attractive entry point.
Relative to the broader market, CEG commands a significant premium over the S&P 500 median P/E of 24.4x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our CEG DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
CEG Cross-Benchmark Valuation
How does the current P/E compare to sector peers and the broader market?
CEG P/E vs Peers
Merchant Power Generators and Retailers peers sorted by market cap
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $55B | 74.1 | 6.62 | -68% | |
| $28B | 33.7 | 2.38 | -20% | |
| $8B | 26.4 | 0.58 | +89%Best | |
| $10B | 11.6Lowest | 0.15Best | -47% | |
| $47B | 16.7 | 2.62 | +12% | |
| $51B | 28.4 | 11.21 | +60% | |
| $27B | 22.1 | - | +33% | |
| $60B | 19.8 | - | +41% | |
| $97B | 19.6 | 0.66 | +11% |
Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.
CEG Historical P/E Data (2022–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Period End | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q1 | - | $279.25 | $11.51 | 24.3x | -15% |
| FY2025 Q4 | Dec 31 2025 | $353.27 | $7.40 | 47.7x | +66% |
| FY2025 Q3 | - | $329.07 | $8.73 | 37.7x | +31% |
| FY2025 Q2 | Jun 30 2025 | $322.76 | $9.58 | 33.7x | +17% |
| FY2025 Q1 | Mar 31 2025 | $201.63 | $9.49 | 21.2x | -26% |
| FY2024 Q4 | - | $223.71 | $11.89 | 18.8x | -34% |
| FY2024 Q3 | Sep 30 2024 | $260.02 | $9.07 | 28.7x | -0% |
| FY2024 Q2 | Jun 30 2024 | $200.27 | $7.51 | 26.7x | -7% |
| FY2024 Q1 | Mar 31 2024 | $184.85 | $7.49 | 24.7x | -14% |
| FY2023 Q4 | Dec 31 2023 | $116.89 | $5.00 | 23.4x | -19% |
| FY2023 Q3 | Sep 30 2023 | $109.08 | $5.21 | 20.9x | -27% |
| FY2023 Q2 | Jun 30 2023 | $91.55 | $2.38 | 38.5x | +34% |
| FY2022 Q2 | - | $57.26 | $1.97 | 29.1x | +1% |
| FY2022 Q1 | - | $56.25 | $2.12 | 26.5x | -8% |
Average P/E for displayed period: 28.7x
Full Stock Analysis
Deep dive into CEG consensus models and risk factors.
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
4+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
CEG — Frequently Asked Questions
Quick answers to the most common questions about buying CEG stock.
What is CEG's P/E ratio?
Constellation Energy Corporation (CEG) trailing twelve-month P/E ratio is 37.0x, based on TTM diluted EPS of $10.75. The 5-year average P/E is 28.7x and the historical range spans 18.8x to 47.7x.
Is CEG stock overvalued or undervalued?
CEG trades at 37.0x P/E, above its 5-year average of 28.7x. The 79th percentile ranking within the 18.8x–47.7x historical range indicates a premium to historical valuation.
Is CEG stock expensive?
Yes, CEG is expensive relative to its own history. The current P/E of 37.0x is above the 5-year average of 28.7x and also above the Utilities sector median of 19.0x. The stock sits at the 79th percentile of its 5-year valuation range.
What is CEG's historical P/E range?
Over the past 5 years, CEG's P/E ratio has ranged from 18.8x to 47.7x, with a median of 26.7x and an average of 28.7x. The current P/E of 37.0x places the stock at the 79th percentile of this range. Full historical data spans 2022–2026.
How does CEG's P/E compare to the S&P 500?
CEG trades at 37.0x P/E versus the S&P 500 median of 24.4x. The 52% premium to the market typically reflects higher expected earnings growth or quality.
How does CEG's valuation compare to Utilities peers?
Constellation Energy Corporation P/E of 37.0x compares to the Utilities sector median of 19.0x. The premium reflects expected growth above peers or stronger fundamentals. See the peer comparison table on this page for ticker-by-ticker P/E and PEG.
What is CEG's PEG ratio?
CEG PEG ratio is 1.14, based on a P/E of 37.0x and EPS growth of -37.8%. A PEG between 1 and 2 suggests valuation aligns with growth expectations — typically considered fair.
What is CEG's earnings yield?
CEG earnings yield is 2.70%, the inverse of its 37.0x P/E ratio. Earnings yield represents the percentage of each dollar invested that the company earns. It can be compared directly to bond yields to assess relative attractiveness of stocks versus fixed income.