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CMS EnergyCMS +0.23%67 3-Year Book Growth Rate is 7.70% as of Jun. 2026, which is 40% above its 10-year median of 5.50. GuruFocus rates CMS with a GF Score™ of 67/100 and a GF Value™ of $75.55 (Fairly Valued). The stock has 7 warning signs investors should review. Among 485 Utilities - Regulated companies, CMS Energy ranks better than 68.45% on this metric.
During the past 12 months, CMS Energy's average Book Value per Share Growth Rate was 11.60% per year.
During the past 3 years, the average Book Value per Share Growth Rate was 7.70% per year.
During the past 5 years, the average Book Value per Share Growth Rate was 8.20% per year.
During the past 10 years, the average Book Value per Share Growth Rate was 7.60% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.
During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of CMS Energy was 12.00% per year. The lowest was -29.30% per year. And the median was 5.50% per year.
CMS Energy (NYSE:CMS) 3-Year Book Growth Rate Explanation
Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.
CMS Energy 3-Year Book Growth Rate Related Terms
CMS vs EVRG, LNT, PPL: 3-Year Book Growth Rate Comparison
For the Utilities - Regulated Electric subindustry, CMS Energy's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
CMS Energy 3-Year Book Growth Rate vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, CMS Energy's 3-Year Book Growth Rate distribution charts can be found below:
* The bar in red indicates where CMS Energy's 3-Year Book Growth Rate falls into.
This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.
What does a 3-Year Book Growth Rate of 7.70% mean?
CMS Energy (CMS) has a 3-Year Book Growth Rate of 7.70% as of Jun. 2026. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for CMS Energy and its competitors. This is 40% above median its historical median of 5.50. According to the industry distribution chart, CMS Energy ranks #153 out of 485 companies in the Utilities - Regulated industry, placing it in the top 31.5%.
Is CMS Energy's 3-Year Book Growth Rate too high?
CMS Energy's current 3-Year Book Growth Rate of 7.70% is 40% above median its 10-year median of 5.50. The Utilities - Regulated industry median 3-Year Book Growth Rate is 5.00. CMS Energy's value of 7.70% is 54% above this industry median. Based on the distribution chart, CMS Energy ranks #153 out of 485 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, CMS Energy has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CMS Energy's 3-Year Book Growth Rate compare to EVRG and LNT?
According to the Utilities - Regulated industry distribution chart, CMS Energy ranks #153 out of 485 companies for 3-Year Book Growth Rate. This puts CMS Energy in the upper half of its industry. The industry median 3-Year Book Growth Rate is 5.00. CMS Energy's value of 7.70% is 54% above this benchmark. While the company's 10-year median is 5.50 vs. the industry median of 5.00, CMS Energy has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Book Growth Rate for an Utilities - Regulated company?
The median 3-Year Book Growth Rate among Utilities - Regulated companies is 5.00, based on 485 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year Book Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year Book Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CMS Energy's current 3-Year Book Growth Rate of 7.70% is 54% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year Book Growth Rate mean?
A high 3-Year Book Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for CMS Energy and its competitors. For the Utilities - Regulated industry, the median 3-Year Book Growth Rate is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CMS Energy's current 3-Year Book Growth Rate is 7.70%, which is 40% above median its own 10-year median of 5.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CMS Energy stock overvalued right now?
Based on GuruFocus' analysis, CMS Energy (CMS) is currently considered Fairly Valued. The stock's GF Value™ is $75.55, compared to a current price of $68.51 — trading 9.3% below its estimated fair value. The current 3-Year Book Growth Rate is 7.70%, which is 40% above median its 10-year median of 5.50 and 54% above the Utilities - Regulated industry median of 5.00. CMS Energy's overall GF Score™ is 67/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Book Growth Rate calculated?
3-Year Book Growth Rate is calculated from a company's financial statements. For CMS Energy (CMS), the current 3-Year Book Growth Rate is 7.70% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is CMS Energy (CMS) Overvalued in 2026?
Based on GuruFocus' analysis, CMS Energy stock appears to be undervalued.
The current stock price of $68.51 is trading 9.3% below its estimated GF Value™ of $75.55.
GuruFocus considers CMS Energy to be Fairly Valued.
Key valuation signals for CMS:
3-Year Book Growth Rate: 7.70% (40% above median its 10-year median of 5.50)
GF Value™: $75.55 vs. price of $68.51 (9.3% below fair value)
Industry Position: 54% above the Utilities - Regulated median (#153 of 485)
No single metric tells the full story. See the CMS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CMS Energy is an energy holding company with three principal businesses. Its regulated utility, Consumers Energy, provides regulated natural gas service to 1.8 million customers and electric service to 1.9 million customers in Michigan. NorthStar Clean Energy, formerly CMS Enterprises, is engaged in wholesale power generation, including contracted renewable energy. CMS sold EnerBank in October 2021.
67GF Score
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