Is Dominion Energy, Inc. overvalued or undervalued?

As of 14 November 2025, the valuation grade for Dominion Energy, Inc. has moved from very expensive to expensive. The company is currently considered overvalued based on its valuation metrics. Key ratios include a P/E ratio of 19, an EV to EBITDA of 13.64, and a PEG ratio of 0.30, which suggest that while the company is generating earnings, its growth potential may not justify its current price.
In comparison to its peers, Dominion Energy's P/E ratio of 19 is lower than NextEra Energy's 34.85 and Constellation Energy's 33.93, but higher than American Electric Power's 16.05, indicating a mixed positioning within the industry. The company has underperformed against the S&P 500 over multiple periods, with a YTD return of 12.44% compared to the S&P 500's 14.49%, and a significant 5Y return of -28.69% versus the S&P 500's 87.83%. This performance reinforces the view that Dominion Energy may not be a compelling investment at its current valuation.