Constellation Energy Corp (CEG)

Electric Services

Latest Price

$262.75

TTM P/E

22.83

Normalized P/E

44.10

Div Yield

0.16%

Book Value

94.58

P/B Ratio

2.78

Valuation metrics

EPS: $7.40

Book value / share: $46.53

Formula: √(22.5 × EPS × BVPS)

Graham Number

$88.02

67% downside

Norm. op. income: $2.3B (median of 4yr)

Tax rate: 34%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$32.47

88% downside

EPS: $7.40

Target P/E: 44×

Formula: EPS × P/E

P/E Fair Value

$325.60

+24% upside

78.1% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	23.51M	$6.56B	6.49%	+159.7K	2026-03-31
ECP ControlCo, LLC	22.04M	$6.16B	6.09%	--	2026-03-31
VANGUARD CAPITAL MANAGEMENT LLC	20.14M	$5.62B	5.56%	--	2026-03-31
STATE STREET CORP	18.80M	$5.25B	5.19%	+310.5K	2026-03-31
VANGUARD PORTFOLIO MANAGEMENT LLC	15.01M	$4.19B	4.15%	--	2026-03-31
Capital International Investors	11.61M	$3.25B	3.21%	-5.20M	2026-03-31
FMR LLC	10.18M	$2.84B	2.81%	-4.18M	2026-03-31
MORGAN STANLEY	8.90M	$2.49B	2.46%	+848.5K	2026-03-31
CANADA PENSION PLAN INVESTMENT BOARD	7.67M	$2.14B	2.12%	+7.53M	2026-03-31
GEODE CAPITAL MANAGEMENT, LLC	7.29M	$2.03B	2.01%	+225.0K	2026-03-31