Basis: FMP quote price / unrounded FMP forward EPS in the trading currency, available after its recorded retrieval time. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 21.15 as of 2026-09-19T00:15:30.812Z.
Consensus retrieved: 2026-09-13T22:26:26.469Z. This records retrieval, including cache reads, rather than vendor publication. The calculation uses the separately dated price and estimate available at its as-of time.
Calculation as of: 2026-09-19T00:15:30.812Z.
Quote observation: 2026-09-18T20:00:01.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: de30f42fa4cf39caa2ed0519dbb2eef82ac4b8717d6c0a6644bdaa3d399583e7
Forward PE Ratio (21.15) = Dated Quote Price ($254.71) / Consensus Forward EPS ($12.04)
FORWARD PE RATIO
21.15
SECTOR MEDIAN · UTILITIES
17.10
median of 37 covered companies
CURRENT VS SECTOR MEDIAN
+23.68%
vs the sector median at left
Constellation Energy Corporation
Market Cap
$91.47B
Forward PE Ratio
21.15
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Constellation Energy Corporation (CEG) | $91.47B | 21.15 |
| Duke Energy Corporation (DUK)vs › | $91.63B | 17.51 |
| The Southern Company (SO)vs › | $98.38B | 18.63 |
| American Electric Power Company, Inc. (AEP)vs › | $65.33B | 18.81 |
| Dominion Energy, Inc. (D)vs › | $55.91B | 17.72 |
| Sempra (SRE)vs › | $53.15B | 15.90 |
| Entergy Corporation (ETR)vs › | $47.60B | 23.19 |
| Vistra Corp. (VST)vs › | $47.43B | 16.34 |
| Xcel Energy Inc. (XEL)vs › | $45.16B | 17.57 |
| Exelon Corporation (EXC)vs › | $43.34B | 14.72 |
Trailing P/E
24.8
reported TTM EPS
Forward P/E
21.1
consensus EPS · fiscal year ending 2026-12-31
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $12.04 implies +17.0% EPS growth vs the reported trailing $10.29.
At the dated quote price of $254.71, 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 | $12.04 | $11.68 – $12.26 | 9 | 21.1x |
| 2027-12-31 | $13.27 | $12.64 – $14.08 | 11 | 19.2x |
| 2028-12-31 | $16.76 | $14.51 – $19.43 | 9 | 15.2x |
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
