Is Constellation Energy Corp. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Constellation Energy Corp. moved from very expensive to expensive. The company appears to be overvalued based on its current metrics. Key ratios include a P/E ratio of 26, a Price to Book Value of 7.23, and an EV to EBITDA of 13.34. In comparison to peers, NextEra Energy, Inc. has a higher P/E of 34.85, while American Electric Power Co., Inc. shows a more favorable P/E of 16.05.
Despite the overvaluation, Constellation Energy Corp. has demonstrated strong returns, outperforming the S&P 500 with a year-to-date return of 72.77% compared to the index's 13.30%. This performance may reflect investor optimism, but the valuation metrics suggest caution.