Start with its own history
At 0.40×, CNLTN is 78.4% below its 10-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.

Current valuation, historical context, and peer comparisons.
Current P/E ratio
0.40×
78.4% belowthe 10-year annual average
Price and EPS in quote currency. Calculation details
Investors are paying 0.40 for every 1 of reported earnings per share.
Annual period-end data · 25 observations
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2025 | 11.62× | +2888.1% |
| Dec 31, 2024 | 0.39× | -37.9% |
| Dec 31, 2023 | 0.63× | +3.5% |
| Dec 31, 2022 | 0.60× | -36.0% |
| Dec 31, 2021 | 0.94× | +18.4% |
| Dec 31, 2020 | 0.80× | -13.4% |
| Dec 31, 2019 | 0.92× | +4.7% |
| Dec 31, 2018 | 0.88× | -1.7% |
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2017 | 0.89× | -7.7% |
| Dec 31, 2016 | 0.97× | -11.3% |
| Dec 31, 2015 | 1.09× | -3.1% |
| Dec 31, 2014 | 1.13× | -1.8% |
| Dec 31, 2013 | 1.15× | -25.3% |
| Dec 31, 2012 | 1.54× | +4.5% |
| Dec 31, 2011 | 1.47× | +1.7% |
| Dec 31, 2010 | 1.45× | -7.4% |
| Dec 31, 2009 | 1.56× | -5.8% |
| Dec 31, 2008 | 1.66× | +30.6% |
| Dec 31, 2007 | 1.27× | +86.9% |
| Dec 31, 2006 | 0.68× | N/M |
| Dec 31, 2005 | N/M | N/M |
| Dec 31, 2004 | 2.22× | -2.2% |
| Dec 31, 2003 | 2.27× | +43.1% |
| Dec 31, 2002 | 1.59× | +90.5% |
| Dec 31, 2001 | 0.83× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
CNLTN This stockThe Connecticut Light and Power Company | 0.40× |
CMSCMS Energy Corporation | 20.59× |
MCPBMt. Carmel Public Utility Co. | N/M |
NSARONSTAR Electric Company | 29.78× |
ESEversource Energy | 17.48× |
WELPPWisconsin Electric Power Company PFD 3.60% | 2.96× |
DUKDuke Energy Corporation | 18.77× |
AEPAmerican Electric Power Company, Inc. | 22.28× |
PNWPinnacle West Capital Corporation | 19.90× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
At 0.40×, CNLTN is 78.4% below its 10-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
The median of the 7 positive peer ratios above is 19.90×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore Wisesheets=WISE("CNLTN", "PE Ratio", "LQ")Share price 30.05 ÷ EPS 74.686 = 0.40×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Oct 25, 2026; this is not a real-time trading quote.
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
The essentials behind the numbers.
The Connecticut Light and Power Company's current P/E is 0.40× based on the quote data last updated Oct 25, 2026. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.