Eversource Energy (ES) P/E Ratio History
Historical price-to-earnings valuation from 1994 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, Eversource Energy (ES) trades at a price-to-earnings ratio of 33.6x, with a stock price of $76.21 and trailing twelve-month earnings per share of $3.61.
The current P/E is 44% above its 5-year average of 23.3x. Over the past five years, ES's P/E has ranged from a low of 17.4x to a high of 30.3x, placing the current valuation at the 100th percentile of its historical range.
Compared to the Utilities sector median P/E of 21.0x, ES trades at a 60% premium to its sector peers. The sector includes 108 companies with P/E ratios ranging from 0.1x to 171.6x.
Relative to the broader market, ES 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 ES 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. Electric and gas combination utilities peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
DUKDuke Energy Corporation | $102B | 20.7 | 0.70Best | +11% |
XELXcel Energy Inc. | $49B | 24.2 | 4.46 | +7% |
ETREntergy Corporation | $48B | 27.4 | 10.81 | +60% |
WECWEC Energy Group, Inc. | $38B | 24.2 | 4.87 | +0% |
AEEAmeren Corporation | $31B | 21.2 | 2.39 | +21% |
FTSFortis Inc. | $29B | 23.1 | 4.60 | +5% |
ESEversource Energy | $29B | 33.6 | - | +279%Best |
EDConsolidated Edison, Inc. | $26B | 20.0Lowest | 1.74 | +8% |
DTEDTE Energy Company | $21B | 21.0 | - | +4% |
LNTAlliant Energy Corporation | $19B | 26.9 | 9.23 | -3% |
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 Q3 | $71.14 | $3.65 | 19.5x | -8% | |
| FY2025 Q2 | Mon Jun 30 2025 00:00:00 GM | $63.62 | $2.33 | 27.3x | +30% |
| FY2025 Q1 | Mon Mar 31 2025 00:00:00 GM | $62.11 | $2.32 | 26.8x | +27% |
| FY2024 Q4 | $57.43 | $2.31 | 24.9x | +18% | |
| FY2023 Q3 | Sat Sep 30 2023 00:00:00 GM | $58.15 | $3.33 | 17.4x | -17% |
| FY2023 Q2 | Fri Jun 30 2023 00:00:00 GM | $70.92 | $3.36 | 21.1x | +0% |
| FY2023 Q1 | Fri Mar 31 2023 00:00:00 GM | $78.26 | $4.16 | 18.8x | -11% |
| FY2022 Q4 | Sat Dec 31 2022 00:00:00 GM | $83.84 | $4.04 | 20.8x | -2% |
| FY2022 Q3 | Fri Sep 30 2022 00:00:00 GM | $77.96 | $4.01 | 19.4x | -8% |
| FY2022 Q2 | $84.47 | $3.83 | 22.1x | +5% | |
| FY2022 Q1 | $88.19 | $3.76 | 23.5x | +11% | |
| FY2021 Q4 | Fri Dec 31 2021 00:00:00 GM | $90.98 | $3.54 | 25.7x | +22% |
Average P/E for displayed period: 21.1x
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Start ComparisonFrequently Asked Questions
Is ES stock overvalued or undervalued?
ES trades at 33.6x P/E, above its 5-year average of 23.3x. The 100th percentile ranking indicates a premium to historical valuation.
How does ES's valuation compare to peers?
Eversource Energy P/E of 33.6x compares to sector median of 21.0x. The premium reflects expected growth above peers.
What is ES's PEG ratio?
ES PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 1994-2025.