Is Duke Energy Corp. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Duke Energy Corp. moved from very expensive to expensive, indicating a slight improvement but still suggesting that the stock is not attractively priced. Based on the current metrics, Duke Energy appears to be overvalued, with a P/E ratio of 18, an EV to EBITDA of 12.32, and a PEG ratio of 3.19, which are higher than some of its peers. For instance, American Electric Power Co., Inc. has a more favorable P/E ratio of 16.05, while The Southern Co. shows an EV to EBITDA of 13.33.
In terms of performance, Duke Energy's stock has returned 19.30% year-to-date, outperforming the S&P 500's 13.30% in the same period, but it lags significantly over longer horizons, with a 3-year return of 44.25% compared to the S&P 500's 81.19%. This discrepancy highlights the potential concerns regarding its valuation relative to growth prospects.