Is Eversource Energy overvalued or undervalued?

As of 17 October 2025, Eversource Energy's valuation grade has moved from expensive to fair, indicating a more favorable assessment of its market position. The company appears to be fairly valued based on its current metrics, with a P/E ratio of 29, a Price to Book Value of 1.63, and an EV to EBITDA of 10.73. In comparison to peers, Exelon Corp. has a P/E of 16.40, while Xcel Energy, Inc. shows a P/E of 20.15, suggesting that Eversource Energy is priced higher than some of its competitors.
Despite recent stock performance showing a 26.35% year-to-date return compared to the S&P 500's 13.30%, the long-term outlook is less favorable, with a -20.63% return over both the 5-year and 10-year periods, significantly lagging behind the S&P 500's 91.29% and 227.77% returns, respectively. This mixed performance reinforces the notion that while Eversource Energy may be fairly valued currently, its long-term growth prospects could be a concern.