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Public Service Enterprise Group (FRA:PSE) Cyclically Adjusted Price-to-FCF : (As of Jun. 08, 2024)


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What is Public Service Enterprise Group Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Public Service Enterprise Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Public Service Enterprise Group's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Public Service Enterprise Group Cyclically Adjusted Price-to-FCF Chart

Public Service Enterprise Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Public Service Enterprise Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Public Service Enterprise Group's Cyclically Adjusted Price-to-FCF

For the Utilities - Regulated Electric subindustry, Public Service Enterprise Group's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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.


Public Service Enterprise Group's Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Public Service Enterprise Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Public Service Enterprise Group's Cyclically Adjusted Price-to-FCF falls into.



Public Service Enterprise Group Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Public Service Enterprise Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Public Service Enterprise Group's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.25/131.7762*131.7762
=-0.250

Current CPI (Mar. 2024) = 131.7762.

Public Service Enterprise Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.417 100.560 -0.546
201409 0.605 100.428 0.794
201412 -0.595 99.070 -0.791
201503 1.695 99.621 2.242
201506 -0.773 100.684 -1.012
201509 -0.079 100.392 -0.104
201512 -0.896 99.792 -1.183
201603 0.235 100.470 0.308
201606 -0.732 101.688 -0.949
201609 -0.028 101.861 -0.036
201612 -1.276 101.863 -1.651
201703 0.221 102.862 0.283
201706 -0.658 103.349 -0.839
201709 -0.245 104.136 -0.310
201712 -1.073 104.011 -1.359
201803 0.112 105.290 0.140
201806 -0.821 106.317 -1.018
201809 -0.390 106.507 -0.483
201812 -0.863 105.998 -1.073
201903 0.702 107.251 0.863
201906 -0.368 108.070 -0.449
201909 0.111 108.329 0.135
201912 -0.245 108.420 -0.298
202003 0.721 108.902 0.872
202006 -0.357 108.767 -0.433
202009 0.219 109.815 0.263
202012 -0.426 109.897 -0.511
202103 0.653 111.754 0.770
202106 -1.067 114.631 -1.227
202109 -1.036 115.734 -1.180
202112 -0.202 117.630 -0.226
202203 -0.388 121.301 -0.422
202206 -1.364 125.017 -1.438
202209 -0.913 125.227 -0.961
202212 0.004 125.222 0.004
202303 2.051 127.348 2.122
202306 -0.246 128.729 -0.252
202309 -0.429 129.860 -0.435
202312 -0.467 129.419 -0.476
202403 -0.250 131.776 -0.250

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Public Service Enterprise Group  (FRA:PSE) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Public Service Enterprise Group Cyclically Adjusted Price-to-FCF Related Terms

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Public Service Enterprise Group (FRA:PSE) Business Description

Traded in Other Exchanges
Address
80 Park Plaza, Newark, NJ, USA, 07102
Public Service Enterprise Group is the holding company for a regulated utility (PSE&G) and other nonregulated businesses such as nuclear power generation and clean energy projects. PSE&G provides regulated gas and electricity delivery services in New Jersey to a combined 4.2 million customers. Public Service Enterprise Group also operates the Long Island Power Authority system. In 2022, the company sold its gas and oil power plants in the mid-Atlantic, New York, and the Northeast.

Public Service Enterprise Group (FRA:PSE) Headlines

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