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Core & Main (CNM, Industrial distributors) Stock Valuation & Fair Value

Mixed on our tests

Core & Main (CNM, Industrial distributors) trades at a current P/E of 15.8, about 23% below its historical normal valuation, with a forward growth estimate of 12.8% and a PEG of 1.23. Analysts' one-year estimates have been hit 25% of the time. Priced at its historical normal P/E of 20.6 on the same blended earnings, the 2026-11-06 close of $45.97 corresponds to about $60.00 a share. This is a valuation reference, not a price target.

How to read these numbers: the PEG ratio and current P/E versus normal P/E.

Current P/E
15.8
Normal P/E
20.6
PEG
1.23
Fwd growth
12.8%
Div yield
0.0%
RSI (14)
61.4
Neutral
Technical context
  • Price $45.97 at the Nov 6 close, 6.7% above the 20-day average ($43.08) and 8.1% above the 50-day ($42.51).
  • RSI (14) at 61.4.
  • 52-week range $40.35 to $59.09: the price is 22.2% below the high and 13.9% above the low.

The Street vs SeerForecast

Wall Street's mean price target for CNM is $54.54 across 13 analysts, 18.6% above the current price. The average analyst rating is Buy. Our SeerForecast read of the same stock, formed without analyst targets: mixed on our tests. When the two disagree, start your digging there.

Valuation flags

Verdict history

tickerseer's rating has been mixed on our tests since 2026-09-05.

Current P/E and rating by weekCurrent P/E moved from 15.8 to 15.2 between 2026-09-04 and 2026-10-30, against a normal P/E of 20.6, with 0 rating changes over 9 recorded weeks.2026-09-04: P/E 15.8, Mixed on our tests, recalculated for the week of 2026-09-052026-09-04: P/E 15.8, Mixed on our tests, recorded live 2026-09-072026-09-11: P/E 15.8, Mixed on our tests, recalculated for the week of 2026-09-122026-09-11: P/E 14.5, Mixed on our tests, recorded live 2026-09-142026-09-18: P/E 14.5, Mixed on our tests, recalculated for the week of 2026-09-192026-09-18: P/E 15.1, Mixed on our tests, recorded live 2026-09-212026-09-25: P/E 15.1, Mixed on our tests, recalculated for the week of 2026-09-262026-09-25: P/E 15.0, Mixed on our tests, recorded live 2026-09-282026-10-02: P/E 15.0, Mixed on our tests, recalculated for the week of 2026-10-032026-10-02: P/E 14.5, Mixed on our tests, recorded live 2026-10-052026-10-09: P/E 14.5, Mixed on our tests, recalculated for the week of 2026-10-102026-10-09: P/E 14.1, Mixed on our tests, recorded live 2026-10-122026-10-16: P/E 14.1, Mixed on our tests, recalculated for the week of 2026-10-172026-10-16: P/E 14.6, Mixed on our tests, recorded live 2026-10-192026-10-23: P/E 14.5, Mixed on our tests, recorded live 2026-10-262026-10-30: P/E 14.5, Mixed on our tests, recalculated for the week of 2026-10-312026-10-30: P/E 15.2, Mixed on our tests, recorded live 2026-11-0216.018.020.0Sep 4Sep 18Oct 2Oct 16Oct 30Normal P/E 20.6
Mixed on our tests

Not every point was recorded live. Points marked recalculated are worked out from the metrics tickerseer archived that week.

Selected weeks: the first, the latest, and the cheapest and dearest.

WeekCurrent P/EPremium to normal P/ERating
2026-09-05P/E 15.8-23%Mixed on our tests (recalculated)
2026-10-12P/E 14.1-32%Mixed on our tests
2026-11-02P/E 15.2-26%Mixed on our tests ← now
Show all 17 readings
WeekCurrent P/EPremium to normal P/ERating
2026-09-05P/E 15.8-23%Mixed on our tests (recalculated)
2026-09-07P/E 15.8-23%Mixed on our tests
2026-09-12P/E 15.8-23%Mixed on our tests (recalculated)
2026-09-14P/E 14.5-30%Mixed on our tests
2026-09-19P/E 14.5-30%Mixed on our tests (recalculated)
2026-09-21P/E 15.1-27%Mixed on our tests
2026-09-26P/E 15.1-27%Mixed on our tests (recalculated)
2026-09-28P/E 15.0-27%Mixed on our tests
2026-10-03P/E 15.0-27%Mixed on our tests (recalculated)
2026-10-05P/E 14.5-30%Mixed on our tests
2026-10-10P/E 14.5-30%Mixed on our tests (recalculated)
2026-10-12P/E 14.1-32%Mixed on our tests
2026-10-17P/E 14.1-32%Mixed on our tests (recalculated)
2026-10-19P/E 14.6-29%Mixed on our tests
2026-10-26P/E 14.5-30%Mixed on our tests
2026-10-31P/E 14.5-30%Mixed on our tests (recalculated)
2026-11-02P/E 15.2-26%Mixed on our tests ← now

Frequently asked questions

Is Core & Main stock overvalued?

At a current P/E of 15.8 versus its historical normal P/E of 20.6, Core & Main trades about 23% below its typical valuation, with a PEG of 1.23 on 12.8% forward growth. tickerseer currently rates it mixed on our tests.

What is Core & Main's fair value and PEG?

Core & Main trades at a current P/E of 15.8 against a historical normal P/E of 20.6, a PEG of 1.23, and a forward growth estimate of 12.8%. Priced at its historical normal P/E of 20.6 on the same blended earnings, the 2026-11-06 close of $45.97 corresponds to about $60.00 a share. This is a valuation reference, not a price target.

Has tickerseer's rating of Core & Main changed?

tickerseer's rating has been mixed on our tests since 2026-09-05.

What is the analyst price target for Core & Main?

The mean Wall Street price target for Core & Main is $54.54 across 13 analysts, 18.6% above the current price. tickerseer's SeerForecast verdict is formed independently of analyst targets.

Industry: Industrial distributors. Create a free account to see the full analysis: the SeerAI score, its five quality sub-scores, valuation history, and an AI research note where we have one. Options setups and metric history are part of the paid plans.

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