Is Exelon Corp. overvalued or undervalued?

As of 7 November 2025, Exelon Corp. has moved from an attractive to a fair valuation grade. The company appears to be overvalued based on its current metrics. Key ratios include a P/E ratio of 16, an EV to EBITDA of 10.73, and a PEG ratio of 1.04. In comparison, peers such as Consolidated Edison, Inc. have a P/E of 19.16 and an EV to EBITDA of 12.22, while PG&E Corp. shows a more favorable P/E of 14.82 and an EV to EBITDA of 10.49.
Despite Exelon Corp.'s strong year-to-date return of 22.77%, which outperformed the S&P 500's 14.40%, its long-term performance has lagged significantly, with a 3-year return of 25.98% compared to the S&P 500's 76.76%. This suggests that while the stock may have performed well recently, its valuation does not align with its growth potential relative to peers.