CMS Energy Corporation (CMS) PE Ratio: 20.16
Is CMS Energy Corporation’s P/E ratio high or low?
CMS Energy Corporation's P/E ratio of 20.16 is in line with its 5-year average of 19.70, around the middle of its 5-year range (11.68–26.99).
As of Sunday, June 14, 2026. 4.26% below its 12-month average of 21.06.
PE Ratio (20.16) = Close Price ($73.57) / Diluted TTM EPS ($3.65)
CMS PE Ratio Chart
CMS Average PE Ratio Chart
CMS Current vs Average PE Ratio Chart
CMS PE Ratio Metrics
PE RATIO
20.16
PE RATIO AVG TTM
21.06
PE RATIO AVG 3Y
21.06
PE RATIO AVG 5Y
19.70
PE RATIO AVG 10Y
22.05
PE RATIO AVG 15Y
20.59
PE RATIO AVG 20Y
20.21
CURRENT VS TTM AVG
-4.26%
CURRENT VS 3Y AVG
-4.29%
CURRENT VS 5Y AVG
+2.35%
CURRENT VS 10Y AVG
-8.56%
CURRENT VS 15Y AVG
-2.10%
CURRENT VS 20Y AVG
-0.25%
CMS Competitors' PE Ratio
| NAME | MARKET CAP | PE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| CMS Energy Corporation (CMS) | $22.73B | 20.16 | 21.06 | 21.06 | 19.70 |
| Alliant Energy Corporation (LNT)vs › | $18.88B | 22.92 | 21.50 | 20.96 | 21.31 |
| FirstEnergy Corp. (FE)vs › | $27.20B | 25.63 | 22.45 | 28.22 | 26.64 |
| CenterPoint Energy, Inc. (CNP)vs › | $28.06B | 26.32 | 25.84 | 23.08 | 20.29 |
| Atmos Energy Corporation (ATO)vs › | $28.37B | 20.91 | 22.83 | 20.71 | 20.35 |
| WEC Energy Group, Inc. (WEC)vs › | $36.95B | 22.64 | 21.67 | 20.91 | 21.54 |
| Consolidated Edison, Inc. (ED)vs › | $39.71B | 18.14 | 18.43 | 17.00 | 18.80 |
| Public Service Enterprise Group Incorporated (PEG)vs › | $39.72B | 17.63 | 20.11 | 18.50 | 20.86 |
| Exelon Corporation (EXC)vs › | $47.28B | 16.86 | 16.71 | 16.84 | 19.13 |
| Xcel Energy Inc. (XEL)vs › | $49.45B | 22.63 | 22.28 | 19.96 | 21.11 |
P/E vs. its own history
At 20.2, P/E is in its normal range, sitting higher than 49% of its 18-year history.
18-year low
8.6
median
20.2
18-year high
42.8
P/E Comparison
Trailing P/E
20.2
Forward P/E
17.6
Forward P/E Calculation
View All Analyst EstimatesForward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.
Calculation:
Current Price
$73.57
Forward EPS (Est.)
$4.17
Forward P/E
17.63
Source: FMP Analyst Consensus Estimates. Forward EPS represents the average analyst estimate for the nearest fiscal year.
CMS Energy Corporation 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
CMS Energy Corporation PE Ratio FAQ
- What is the P/E ratio for CMS Energy Corporation (CMS)?
- The P/E ratio for CMS stock is 20.16.
- Is CMS Energy Corporation's P/E ratio high or low?
- CMS Energy Corporation's P/E ratio of 20.16 is in line with its 5-year average of 19.70, around the middle of its 5-year range (11.68–26.99).
- What is the TTM average P/E ratio for CMS Energy Corporation (CMS)?
- The TTM average P/E ratio for CMS stock is 21.06.
- What is the 3Y average P/E ratio for CMS Energy Corporation (CMS)?
- The 3Y average P/E ratio for CMS stock is 21.06.
- What is the 5Y average P/E ratio for CMS Energy Corporation (CMS)?
- The 5Y average P/E ratio for CMS stock is 19.70.
- What is the 10Y average P/E ratio for CMS Energy Corporation (CMS)?
- The 10Y average P/E ratio for CMS stock is 22.05.
- What is the 15Y average P/E ratio for CMS Energy Corporation (CMS)?
- The 15Y average P/E ratio for CMS stock is 20.59.
- What is the 20Y average P/E ratio for CMS Energy Corporation (CMS)?
- The 20Y average P/E ratio for CMS stock is 20.21.
CMS Energy Corporation PE Ratio History
| DATE | PE RATIO |
|---|---|
| 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 |
| 2025-07-18 | 21.28 |
| 2025-07-17 | 20.96 |
| 2025-07-16 | 20.91 |
| 2025-07-15 | 20.81 |
| 2025-07-14 | 20.87 |
| 2025-07-11 | 20.81 |
| 2025-07-10 | 20.87 |
| 2025-07-09 | 20.64 |
| 2025-07-08 | 20.52 |
| 2025-07-07 | 20.60 |
| 2025-07-03 | 20.85 |
| 2025-07-02 | 20.62 |
| 2025-07-01 | 20.75 |
| 2025-06-30 | 20.50 |
| 2025-06-27 | 20.42 |
| 2025-06-26 | 20.46 |
| 2025-06-25 | 20.29 |
| 2025-06-24 | 20.62 |
| 2025-06-23 | 20.67 |
| 2025-06-20 | 20.43 |
| 2025-06-18 | 20.35 |
| 2025-06-17 | 20.45 |
| 2025-06-16 | 20.57 |
| 2025-06-13 | 20.87 |
| 2025-06-12 | 20.95 |
| 2025-06-11 | 20.71 |
| 2025-06-10 | 20.75 |
| 2025-06-09 | 20.61 |
| 2025-06-06 | 20.71 |
| 2025-06-05 | 20.51 |
| 2025-06-04 | 20.63 |
| 2025-06-03 | 20.98 |
| 2025-06-02 | 20.78 |
Showing the most recent 260 of 4,556 data points. The chart above shows the full history.
About CMS Energy Corporation
CMS Energy Corporation (CMS) operates as a significant utility provider with its primary services concentrated in Michigan. The company's business is structured into three main divisions: Electric Utility, Gas Utility, and Enterprises. The Electric Utility segment encompasses the full spectrum of electricity operations, from generating power using a variety of sources—including coal, wind, natural gas, renewable energies, oil, and nuclear—to its subsequent purchase, transmission, distribution, and sale to customers. Its extensive electrical grid is supported by approximately 4,636 miles of high-voltage overhead distribution lines, 23 miles of high-voltage underground distribution lines, an additional 82,474 miles of electric overhead distribution lines, and 9,395 miles of underground distribution lines. This vast network also includes 1,093 substations and 3 battery storage facilities. The Gas Utility division is responsible for procuring, transmitting, storing, distributing, and selling natural gas. This segment's infrastructure features 2,392 miles of transmission pipelines, 15 natural gas storage fields, 28,065 miles of distribution mains, and 8 compressor stations. The Enterprises segment specializes in independent power generation and energy marketing, particularly focusing on the development and operation of renewable energy projects. CMS Energy serves a considerable customer base, providing electricity to 1.9 million clients and natural gas to 1.8 million clients, spanning residential, commercial, and diverse industrial sectors. The company was established in 1987 and its corporate headquarters are situated in Jackson, Michigan.
- Sector
- Utilities
- Industry
- Regulated Electric
- CEO
- Garrick J. Rochow