Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 22.77 as of Wednesday, August 5, 2026.
Forward PE Ratio (22.77) = Close Price ($265.12) / Consensus Forward EPS ($11.73)
FORWARD PE RATIO
22.77
SECTOR MEDIAN · UTILITIES
18.52
median of 37 covered companies
CURRENT VS SECTOR MEDIAN
+22.95%
vs the sector median at left
Constellation Energy Corporation
Market Cap
$95.21B
Forward PE Ratio
22.77
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Constellation Energy Corporation (CEG) | $95.21B | 22.77 |
| Duke Energy Corporation (DUK)vs › | $96.16B | 18.55 |
| The Southern Company (SO)vs › | $107.10B | 20.35 |
| American Electric Power Company, Inc. (AEP)vs › | $68.85B | 20.17 |
| Dominion Energy, Inc. (D)vs › | $60.05B | 19.32 |
| Sempra (SRE)vs › | $55.39B | 16.95 |
| Entergy Corporation (ETR)vs › | $49.86B | 24.76 |
| Xcel Energy Inc. (XEL)vs › | $48.22B | 18.89 |
| Vistra Corp. (VST)vs › | $47.40B | 15.67 |
| Exelon Corporation (EXC)vs › | $47.14B | 16.03 |
Trailing P/E
23.2
reported TTM EPS
Forward P/E
22.8
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $11.73 implies +1.9% EPS growth vs the reported trailing $11.51.
At today's $265.12 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 end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $11.73 | $11.30 – $11.97 | 11 | 22.6x |
| 2027-12-31 | $13.34 | $11.87 – $14.31 | 13 | 19.9x |
| 2028-12-31 | $17.09 | $14.53 – $23.12 | 11 | 15.5x |
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.
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
