CMSCMS Energy

$69.22

Is the price fair?

What CMS's price assumes

CMS Energy trades at 20.8× earnings against 21.0× for the median Utilities - Regulated Electric name, cheaper than its own group.

20.8

Trailing P/E · Utilities - Regulated Electric median 21.0 · cheaper than the typical name in its group

Price / sales
2.68

Price / sales · as of 2026-Q1

Price / book
2.50

Price / book · as of 2026-Q1

EV / sales
4.64

EV / sales

Details
Price / book2026-Q1
2.50
EV / EBIT2026-Q1
23.8
EV / sales2026-Q1
4.64
Utilities median P/E76 names
21.4
Utilities - Regulated Electric median P/E39 names
21.0
Market capitalisation
$22.7B
What the market has paid for these earnings: 38 quarters of its own multiple × $3.33 of trailing earnings per share
MethodPer share
Its own P/E history, lower quartile$58.68
Its own P/E history, median$63.81
Its own P/E history, upper quartile$67.59
52-week range$68.13 – $79.32
Today$69.22

Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.