CMSCMS Energy

$65.49-4.5% 1Y

Is the price fair?

Fair

Neither cheap nor expensive: in its normal P/E range and in line with its sector.

2 neutral, 1 without data
Vs its own P/E rangemid-range for this companyderived

In its normal range: P/E 19.7 vs a 19.1 median over 41 quarters (+3% vs median).

Vs sector (EV/EBIT)24.8×derived · Jun 30, 2026

Sector median 22.4× across 56 covered peers. EV/EBIT counts debt as part of the price, so a cash-rich and a borrowed company can be compared on the same footing.

Against the whole market›

Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.

P/E (valuation)middle of the market

Where this answer is blind. The growth-implied estimate assumes a fixed discount rate; capital-heavy sectors look structurally rich on it.

What CMS's price assumes

CMS Energy trades at 19.7× earnings against 19.7× for the median Utilities - Regulated Electric name, cheaper than its own group.

19.7

Trailing P/E · Utilities - Regulated Electric median 19.7 · cheaper than the typical name in its group

Price / sales
2.57

Price / sales · today's price, trailing year to Jun 30, 2026

Price / book
2.32

Price / book · today's price, trailing year to Jun 30, 2026

EV / sales
4.70

EV / sales

Details›
Price / booktoday's price, trailing year to Jun 30, 2026
2.32
EV / EBITtoday's price, trailing year to Jun 30, 2026
24.8
EV / salestoday's price, trailing year to Jun 30, 2026
4.70
Utilities median P/E86 names
19.8
Utilities - Regulated Electric median P/E42 names
19.7
Market capitalisation
$22.7B
What the market has paid for these earnings: 41 quarters of its own multiple × $3.33 of trailing earnings per share
MethodPer share
Its own P/E history, lower quartile$57.18
Its own P/E history, median$63.73
Its own P/E history, upper quartile$67.53
52-week range$62.61 – $79.32
Today$65.49

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