Constellation Energy forward PE CEG

Share price divided by analysts' consensus earnings for the next twelve months, since 2022.

Today, Oct 23, 2026: 20.4×
5-year median: 22.7×
Against its 5-year history: 35th; percentile: 0 is its lowest day, 100 its highest
5-year range: 11.6× to 38.1×
Peer median: 18.4×

Constellation Energy's forward PE is 20.4× as of Oct 23, 2026.

That is below its 5-year median of 22.7×, lower than on 65% of days in the last 5 years.

Over that time it ranged from 11.6× in Feb 2022 to 38.1× in Oct 2025.

The median for 10 utility stocks of a similar size is 18.4×.

Forward PE over time

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	20.4×	19.9×	33.8×
2025	33.3×	18.2×	38.1×
2024	24.4×	15.1×	32.3×
2023	15.6×	14.4×	24.4×
2022	24.2×	11.6×	27.3×

Against its peers

Companies in Utilities nearest Constellation Energy's size, closest first, today.

Company	Forward PE
CEGConstellation Energy	20.4×
DUKDuke Energy	18.5×
SOSouthern	20.0×
AEPAmerican Electric Power	19.4×
DDominion Energy	17.7×
SRESempra	16.1×
ETREntergy	22.8×
XELXcel Energy	18.4×
NEENextEra Energy	19.3×
VSTVistra	15.1×
EXCExelon	15.1×
Peer median	18.4×

Where Constellation Energy ranks

#22of 26Utility stocks with the lowest forward PE

What the forward PE tells you

Price divided by what analysts expect the company to earn over the next twelve months. It answers "what am I paying for next year" instead of last year.

Estimates are opinions. When forward PE is far below trailing PE, analysts expect a big jump in earnings. If that jump slips, the stock was not as cheap as it looked.

More on Constellation Energy

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.