Constellation Energy Corporation (CEG) P/E Ratio History
Historical price-to-earnings valuation from 2022 to 2025
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Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of February 28, 2026, Constellation Energy Corporation (CEG) trades at a price-to-earnings ratio of 44.6x, with a stock price of $329.88 and trailing twelve-month earnings per share of $7.39.
The current P/E is 53% above its 5-year average of 29.0x. 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 92th percentile of its historical range.
Compared to the Utilities sector median P/E of 21.0x, CEG trades at a 113% premium to its sector peers. The sector includes 108 companies with P/E ratios ranging from 0.1x to 171.6x.
The PEG ratio of 1.37 (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 26.2x. 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.
Peer Comparison
P/E metrics vs. Merchant Power Generators and Retailers peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
CEGConstellation Energy Corporation | $103B | 44.6Lowest | 1.37Best | -38%Best |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
Historical P/E Data
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2025 Q4 | Wed Dec 31 2025 00:00:00 GM | $353.27 | $7.40 | 47.7x | +64% |
| FY2025 Q3 | $329.07 | $8.73 | 37.7x | +30% | |
| FY2025 Q2 | Mon Jun 30 2025 00:00:00 GM | $322.76 | $9.58 | 33.7x | +16% |
| FY2025 Q1 | Mon Mar 31 2025 00:00:00 GM | $201.63 | $9.49 | 21.2x | -27% |
| FY2024 Q4 | $223.71 | $11.89 | 18.8x | -35% | |
| FY2024 Q3 | Mon Sep 30 2024 00:00:00 GM | $260.02 | $9.07 | 28.7x | -1% |
| FY2024 Q2 | Sun Jun 30 2024 00:00:00 GM | $200.27 | $7.51 | 26.7x | -8% |
| FY2024 Q1 | Sun Mar 31 2024 00:00:00 GM | $184.85 | $7.49 | 24.7x | -15% |
| FY2023 Q4 | Sun Dec 31 2023 00:00:00 GM | $116.89 | $5.00 | 23.4x | -20% |
| FY2023 Q3 | Sat Sep 30 2023 00:00:00 GM | $109.08 | $5.21 | 20.9x | -28% |
| FY2023 Q2 | Fri Jun 30 2023 00:00:00 GM | $91.55 | $2.38 | 38.5x | +33% |
| FY2022 Q2 | $57.26 | $1.97 | 29.1x | +0% |
Average P/E for displayed period: 29.0x
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Start ComparisonFrequently Asked Questions
Is CEG stock overvalued or undervalued?
CEG trades at 44.6x P/E, above its 5-year average of 29.0x. The 92th percentile ranking indicates a premium to historical valuation.
How does CEG's valuation compare to peers?
Constellation Energy Corporation P/E of 44.6x compares to sector median of 21.0x. The premium reflects expected growth above peers.
What is CEG's PEG ratio?
CEG PEG ratio is 1.37. Between 1-2 suggests valuation aligns with growth. Historical P/E data spans 2022-2025.