Eversource Energy (ES) Valuation
Historical valuation analysis based on 1279 data points (2021-09-14 to 2026-10-16)
Eversource Energy is a diversified holding company with subsidiaries that provide rate-regulated electric, gas, and water distribution service to more than 4 million customers in the Northeast US....
Eversource Energy (ES) currently trades at a P/E ratio of 17.59 (historical range: 14.02–26.81, median: 18.70), placing it at the 33th percentile — below its historical average, P/S ratio of 1.80 (range: 1.50–3.65, 20th percentile — below its historical average), EV/EBITDA of 17.21 (range: 16.45–26.18, 5th percentile).
Over the historical period (2021-09-14 to 2026-10-16), Eversource Energy's P/E ratio has contracted by 15% over the observed period (from an average of 20.9 to 17.7).
Eversource Energy trades well below its historical valuation range across most metrics.
Historical Valuation Metrics
| Metric | Current | Median | %ile | Assessment |
|---|---|---|---|---|
| P/E Ratio | 17.59 | 18.70 | 33th | below its historical average |
| P/S Ratio | 1.80 | 1.95 | 20th | below its historical average |
| EV/EBITDA | 17.21 | 19.61 | 5th | cheap relative to its history |
| FCF Yield | 1.18% | 1.06% | 86th | cheap relative to its history |
Eversource Energy (ES) Valuation & P/E History
Eversource Energy (ES) is a US-listed stock operating in the Utilities sector, specifically the Electric Services industry currently trading at $66.85 with a market capitalization of $25.2 billion. This page provides historical valuation analysis for ES based on 1279 data points covering 2021-09-14 to 2026-10-16. The P/E ratio of 17.59 is below the historical median of 18.70, placing ES at the 33th percentile of its valuation range. The P/S ratio of 1.80 compares to a median of 1.95.
ES Valuation Metrics & Historical Range
The valuation table above shows Eversource Energy's current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether ES is currently trading above or below its typical valuation levels.
- P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests ES is expensively valued; below the median suggests it is cheap.
- P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
- EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for Eversource Energy.
- FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.
Is ES Overvalued or Undervalued?
Eversource Energy trades well below its historical valuation range across most metrics. The overall valuation percentile of 19 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive ES is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.
However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full ES analysis page for a complete picture.
Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.ES trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.