Basis: Latest stored market observation. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the P/E ratio high or low?
The P/E ratio of 19.72 is in line with its 5-year average of 19.71, around the middle of its 5-year range (11.68–26.99).
As of Saturday, August 1, 2026. 6.15% below its 12-month average of 21.01.
PE Ratio (19.72) = Close Price ($71.99) / Diluted TTM EPS ($3.65)
PE RATIO
19.72
PE RATIO AVG TTM
21.01
PE RATIO AVG 3Y
20.84
PE RATIO AVG 5Y
20.63
PE RATIO AVG 10Y
22.19
PE RATIO AVG 15Y
20.51
PE RATIO AVG 20Y
19.85
CURRENT VS TTM AVG
-6.15%
CURRENT VS 3Y AVG
-5.39%
CURRENT VS 5Y AVG
-4.43%
CURRENT VS 10Y AVG
-11.14%
CURRENT VS 15Y AVG
-3.85%
CURRENT VS 20Y AVG
-0.64%
SECTOR MEDIAN · UTILITIES
21.31
median of 39 covered companies
CURRENT VS SECTOR MEDIAN
-7.46%
vs the sector median at left
Market Cap
$26.66B
PE Ratio
23.21
TTM Avg
23.61
3Y Avg
25.59
5Y Avg
27.04
| NAME | MARKET CAP | PE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| CMS Energy Corporation (CMS) | $22.57B | 19.72 | 21.01 | 20.84 | 20.63 |
| NiSource Inc (NI)vs › | $21.30B | 22.10 | 23.06 | 21.13 | 22.06 |
| Evergy, Inc. (EVRG)vs › | $19.13B | 21.96 | 21.31 | 18.61 | 18.38 |
| PPL Corporation (PPL)vs › | $26.49B | 21.47 | 23.82 | 25.76 | 26.72 |
| American Water Works Company, Inc. (AWK)vs › | $26.66B | 23.21 | 23.61 | 25.59 | 27.04 |
| Alliant Energy Corporation (LNT)vs › | $18.28B | 22.19 | 21.77 | 21.09 | 21.31 |
| Eversource Energy (ES)vs › | $26.92B | 15.30 | 20.12 | 20.98 | 21.52 |
| CenterPoint Energy, Inc. (CNP)vs › | $27.69B | 24.73 | 26.09 | 23.21 | 20.37 |
| FirstEnergy Corp. (FE)vs › | $27.95B | 25.76 | 23.08 | 26.97 | 26.92 |
| Edison International (EIX)vs › | $28.23B | 7.57 | 7.63 | 17.72 | 23.62 |
At 19.7, P/E is in its normal range, sitting higher than 44% of its 18-year history.
18-year low
8.6
median
20.3
18-year high
42.8
Trailing P/E
19.7
Forward P/E
18.6
Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.
Calculation:
Current Price
$71.99
Forward EPS (Est.)
$3.87
Forward P/E
18.59
Source: FMP Analyst Consensus Estimates. Forward EPS represents the average analyst estimate for the nearest fiscal year.
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
| DATE | PE RATIO |
|---|---|
| 2026-07-31 | 19.72 |
| 2026-07-30 | 19.80 |
| 2026-07-29 | 20.37 |
| 2026-07-28 | 20.38 |
| 2026-07-27 | 20.35 |
| 2026-07-24 | 20.47 |
| 2026-07-23 | 20.32 |
| 2026-07-22 | 20.27 |
| 2026-07-21 | 19.86 |
| 2026-07-20 | 19.97 |
| 2026-07-17 | 20.18 |
| 2026-07-16 | 20.38 |
| 2026-07-15 | 20.28 |
| 2026-07-14 | 20.57 |
| 2026-07-13 | 20.75 |
| 2026-07-10 | 20.66 |
| 2026-07-09 | 20.55 |
| 2026-07-08 | 20.87 |
| 2026-07-07 | 21.10 |
| 2026-07-06 | 20.90 |
| 2026-07-02 | 21.30 |
| 2026-07-01 | 20.80 |
| 2026-06-30 | 20.96 |
| 2026-06-29 | 21.35 |
| 2026-06-26 | 21.59 |
| 2026-06-25 | 21.12 |
| 2026-06-24 | 20.96 |
| 2026-06-23 | 20.64 |
| 2026-06-22 | 20.22 |
| 2026-06-18 | 20.10 |
| 2026-06-17 | 20.08 |
| 2026-06-16 | 20.28 |
| 2026-06-15 | 20.18 |
| 2026-06-12 | 20.16 |
| 2026-06-11 | 19.96 |
| 2026-06-10 | 20.13 |
| 2026-06-09 | 19.90 |
| 2026-06-08 | 19.43 |
| 2026-06-05 | 19.74 |
| 2026-06-04 | 19.28 |
| 2026-06-03 | 19.24 |
| 2026-06-02 | 19.68 |
| 2026-06-01 | 19.34 |
| 2026-05-29 | 19.88 |
| 2026-05-28 | 20.05 |
| 2026-05-27 | 20.33 |
| 2026-05-26 | 20.33 |
| 2026-05-22 | 20.42 |
| 2026-05-21 | 20.18 |
| 2026-05-20 | 19.99 |
| 2026-05-19 | 20.08 |
| 2026-05-18 | 19.76 |
| 2026-05-15 | 19.63 |
| 2026-05-14 | 20.07 |
| 2026-05-13 | 19.95 |
| 2026-05-12 | 20.08 |
| 2026-05-11 | 20.05 |
| 2026-05-08 | 19.89 |
| 2026-05-07 | 20.26 |
| 2026-05-06 | 20.29 |
| 2026-05-05 | 20.53 |
| 2026-05-04 | 20.74 |
| 2026-05-01 | 20.83 |
| 2026-04-30 | 21.02 |
| 2026-04-29 | 20.47 |
| 2026-04-28 | 20.80 |
| 2026-04-27 | 21.54 |
| 2026-04-24 | 21.61 |
| 2026-04-23 | 21.71 |
| 2026-04-22 | 21.24 |
| 2026-04-21 | 21.41 |
| 2026-04-20 | 21.82 |
| 2026-04-17 | 22.03 |
| 2026-04-16 | 22.13 |
| 2026-04-15 | 21.95 |
| 2026-04-14 | 22.33 |
| 2026-04-13 | 22.22 |
| 2026-04-10 | 22.49 |
| 2026-04-09 | 22.65 |
| 2026-04-08 | 22.33 |
| 2026-04-07 | 22.26 |
| 2026-04-06 | 22.19 |
| 2026-04-02 | 22.26 |
| 2026-04-01 | 22.07 |
| 2026-03-31 | 21.98 |
| 2026-03-30 | 21.87 |
| 2026-03-27 | 21.59 |
| 2026-03-26 | 21.62 |
| 2026-03-25 | 21.37 |
| 2026-03-24 | 21.34 |
| 2026-03-23 | 21.14 |
| 2026-03-20 | 21.08 |
| 2026-03-19 | 21.94 |
| 2026-03-18 | 21.95 |
| 2026-03-17 | 22.18 |
| 2026-03-16 | 22.17 |
| 2026-03-13 | 22.05 |
| 2026-03-12 | 21.75 |
| 2026-03-11 | 21.48 |
| 2026-03-10 | 21.65 |
| 2026-03-09 | 21.88 |
| 2026-03-06 | 21.86 |
| 2026-03-05 | 21.87 |
| 2026-03-04 | 22.13 |
| 2026-03-03 | 22.04 |
| 2026-03-02 | 22.12 |
| 2026-02-27 | 22.12 |
| 2026-02-26 | 21.83 |
| 2026-02-25 | 21.70 |
| 2026-02-24 | 21.75 |
| 2026-02-23 | 21.61 |
| 2026-02-20 | 21.49 |
| 2026-02-19 | 21.49 |
| 2026-02-18 | 21.28 |
| 2026-02-17 | 21.54 |
| 2026-02-13 | 21.74 |
| 2026-02-12 | 21.17 |
| 2026-02-11 | 21.11 |
| 2026-02-10 | 20.89 |
| 2026-02-09 | 20.99 |
| 2026-02-06 | 20.99 |
| 2026-02-05 | 21.00 |
| 2026-02-04 | 20.63 |
| 2026-02-03 | 20.69 |
| 2026-02-02 | 20.33 |
| 2026-01-30 | 20.60 |
| 2026-01-29 | 20.43 |
| 2026-01-28 | 20.69 |
| 2026-01-27 | 20.76 |
| 2026-01-26 | 20.61 |
| 2026-01-23 | 20.37 |
| 2026-01-22 | 20.45 |
| 2026-01-21 | 20.66 |
| 2026-01-20 | 20.56 |
| 2026-01-16 | 20.66 |
| 2026-01-15 | 20.54 |
| 2026-01-14 | 20.44 |
| 2026-01-13 | 20.33 |
| 2026-01-12 | 20.13 |
| 2026-01-09 | 20.17 |
| 2026-01-08 | 20.13 |
| 2026-01-07 | 20.05 |
| 2026-01-06 | 20.28 |
| 2026-01-05 | 20.02 |
| 2026-01-02 | 20.29 |
| 2025-12-31 | 20.15 |
| 2025-12-30 | 20.29 |
| 2025-12-29 | 20.21 |
| 2025-12-26 | 20.16 |
| 2025-12-24 | 20.20 |
| 2025-12-23 | 20.18 |
| 2025-12-22 | 20.11 |
| 2025-12-19 | 19.93 |
| 2025-12-18 | 20.35 |
| 2025-12-17 | 20.25 |
| 2025-12-16 | 20.15 |
| 2025-12-15 | 20.39 |
| 2025-12-12 | 20.13 |
| 2025-12-11 | 20.10 |
| 2025-12-10 | 20.18 |
| 2025-12-09 | 20.30 |
| 2025-12-08 | 20.32 |
| 2025-12-05 | 20.49 |
| 2025-12-04 | 20.66 |
| 2025-12-03 | 20.80 |
| 2025-12-02 | 20.93 |
| 2025-12-01 | 21.08 |
| 2025-11-28 | 21.74 |
| 2025-11-26 | 21.69 |
| 2025-11-25 | 21.56 |
| 2025-11-24 | 21.41 |
| 2025-11-21 | 21.34 |
| 2025-11-20 | 21.18 |
| 2025-11-19 | 21.02 |
| 2025-11-18 | 21.40 |
| 2025-11-17 | 21.46 |
| 2025-11-14 | 21.31 |
| 2025-11-13 | 21.31 |
| 2025-11-12 | 21.60 |
| 2025-11-11 | 21.57 |
| 2025-11-10 | 21.34 |
| 2025-11-07 | 21.10 |
| 2025-11-06 | 20.85 |
| 2025-11-05 | 20.91 |
| 2025-11-04 | 21.02 |
| 2025-11-03 | 20.89 |
| 2025-10-31 | 21.20 |
| 2025-10-30 | 21.10 |
| 2025-10-29 | 21.32 |
| 2025-10-28 | 21.66 |
| 2025-10-27 | 22.00 |
| 2025-10-24 | 22.05 |
| 2025-10-23 | 21.99 |
| 2025-10-22 | 22.17 |
| 2025-10-21 | 21.99 |
| 2025-10-20 | 22.15 |
| 2025-10-17 | 22.06 |
| 2025-10-16 | 22.05 |
| 2025-10-15 | 22.22 |
| 2025-10-14 | 21.93 |
| 2025-10-13 | 21.70 |
| 2025-10-10 | 21.86 |
| 2025-10-09 | 21.62 |
| 2025-10-08 | 21.59 |
| 2025-10-07 | 21.76 |
| 2025-10-06 | 21.60 |
| 2025-10-03 | 21.34 |
| 2025-10-02 | 21.19 |
| 2025-10-01 | 21.35 |
| 2025-09-30 | 21.61 |
| 2025-09-29 | 21.47 |
| 2025-09-26 | 21.19 |
| 2025-09-25 | 20.94 |
| 2025-09-24 | 21.14 |
| 2025-09-23 | 21.09 |
| 2025-09-22 | 20.78 |
| 2025-09-19 | 20.68 |
| 2025-09-18 | 20.70 |
| 2025-09-17 | 20.76 |
| 2025-09-16 | 20.64 |
| 2025-09-15 | 21.12 |
| 2025-09-12 | 21.14 |
| 2025-09-11 | 21.14 |
| 2025-09-10 | 21.01 |
| 2025-09-09 | 20.92 |
| 2025-09-08 | 20.85 |
| 2025-09-05 | 21.11 |
| 2025-09-04 | 21.10 |
| 2025-09-03 | 21.10 |
| 2025-09-02 | 20.99 |
| 2025-08-29 | 21.11 |
| 2025-08-28 | 21.01 |
| 2025-08-27 | 21.30 |
| 2025-08-26 | 21.27 |
| 2025-08-25 | 21.30 |
| 2025-08-22 | 21.57 |
| 2025-08-21 | 21.47 |
| 2025-08-20 | 21.54 |
| 2025-08-19 | 21.54 |
| 2025-08-18 | 21.25 |
| 2025-08-15 | 21.33 |
| 2025-08-14 | 21.41 |
| 2025-08-13 | 21.67 |
| 2025-08-12 | 21.48 |
| 2025-08-11 | 21.51 |
| 2025-08-08 | 21.68 |
| 2025-08-07 | 21.99 |
| 2025-08-06 | 21.86 |
| 2025-08-05 | 21.88 |
| 2025-08-04 | 22.03 |
| 2025-08-01 | 21.85 |
| 2025-07-31 | 21.77 |
| 2025-07-30 | 21.35 |
| 2025-07-29 | 21.38 |
| 2025-07-28 | 21.11 |
| 2025-07-25 | 21.53 |
| 2025-07-24 | 21.57 |
| 2025-07-23 | 21.57 |
| 2025-07-22 | 21.77 |
| 2025-07-21 | 21.38 |
Showing the most recent 260 of 4,589 data points. The chart above shows the full history.