Intrinsiqs

Is CMS Energy Corporation overvalued?

CMS Energy Corporation (CMS) looks fairly valued — trading about 7% above its fair value.

Fairly valued
Current price $62.95 Fair value $58.36
Price
$62.95
Fair value
$58.36
Current P/E
17.8
Normal P/E
16.5
Market cap
$19.74B
Dividend yield
3.6%
Return on equity
11.0%
Sector
Utilities

See the full interactive analysis →

Fair value compares CMS's current P/E to its own historical "normal" P/E (FAST Graphs-style). Updated 24 Sep 2026.