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CEGConstellation Energy Corporation

The forward PE ratio is 20.82 as of Thursday, July 9, 2026.

Forward PE Ratio (20.82) = Close Price ($250.74) / Consensus Forward EPS ($11.74)

CEG Forward PE Ratio Metrics

FORWARD PE RATIO

20.82

CEG Competitors' Forward PE Ratio

CEG

Constellation Energy Corporation

Current

Market Cap

$90.04B

Forward PE Ratio

20.82

DUK

Duke Energy Corporation

vs CEG

Market Cap

$97.65B

Forward PE Ratio

18.91

AEP

American Electric Power Company, Inc.

vs CEG

Market Cap

$72.83B

Forward PE Ratio

21.40

SO

The Southern Company

vs CEG

Market Cap

$107.29B

Forward PE Ratio

21.06

SRE

Sempra

vs CEG

Market Cap

$61.85B

Forward PE Ratio

18.65

D

Dominion Energy, Inc.

vs CEG

Market Cap

$61.08B

Forward PE Ratio

19.47

VST

Vistra Corp.

vs CEG

Market Cap

$53.27B

Forward PE Ratio

16.73

ETR

Entergy Corporation

vs CEG

Market Cap

$52.17B

Forward PE Ratio

25.98

XEL

Xcel Energy Inc.

vs CEG

Market Cap

$49.33B

Forward PE Ratio

19.36

EXC

Exelon Corporation

vs CEG

Market Cap

$47.46B

Forward PE Ratio

16.55

Trailing vs Forward

Trailing P/E

21.2

reported TTM EPS

Forward P/E

20.8

consensus next-FY EPS

The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $11.74 implies +2.0% EPS growth vs the reported trailing $11.51.

Forward P/E by Fiscal Year

View All Analyst Estimates

At today's $250.74 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.

Fiscal year endConsensus EPSEstimate rangeAnalystsImplied P/E
2026-12-31$11.74$11.31 – $11.981121.4x
2027-12-31$13.56$12.07 – $14.561318.5x
2028-12-31$17.23$14.51 – $23.091114.5x

Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.

Forward PE Ratio Formula & Definition

PE Ratio = Share Price / Diluted EPS (TTM)

The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Forward PE Ratio FAQ

What is the forward PE ratio for Constellation Energy Corporation (CEG)?
The forward PE ratio for CEG stock is 20.82.

About Constellation Energy Corporation

Constellation Energy Corporation operates as a U.S.-based firm dedicated to producing and distributing electricity. Its activities are organized across five primary geographical segments: the Mid-Atlantic, Midwest, New York, ERCOT, and various other power markets. In addition to electrical power, the company supplies natural gas, sustainable energy solutions, and an array of associated energy products and services. Possessing a significant generation capability of 32,400 megawatts, its power portfolio incorporates diverse sources such as nuclear, wind, solar, natural gas, and hydroelectric facilities. The company serves a wide spectrum of clients, including utility distributors, local government bodies, cooperatives, along with commercial, industrial, public sector, and household consumers. Founded in 2021, its corporate headquarters are situated in Baltimore, Maryland. Constellation Energy Corporation previously operated as a subsidiary of Exelon Corporation.

Baltimore, MD
14,215 employees
Utilities / Renewable Utilities
Sector
Utilities
Industry
Renewable Utilities
CEO
Joseph Dominguez