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Public Service Enterprise Group (FRA:PSE) Cyclically Adjusted PS Ratio : 3.12 (As of Jun. 08, 2024)


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What is Public Service Enterprise Group Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Public Service Enterprise Group's current share price is €67.50. Public Service Enterprise Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €21.62. Public Service Enterprise Group's Cyclically Adjusted PS Ratio for today is 3.12.

The historical rank and industry rank for Public Service Enterprise Group's Cyclically Adjusted PS Ratio or its related term are showing as below:

FRA:PSE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.23   Med: 2.34   Max: 3.29
Current: 3.1

During the past years, Public Service Enterprise Group's highest Cyclically Adjusted PS Ratio was 3.29. The lowest was 1.23. And the median was 2.34.

FRA:PSE's Cyclically Adjusted PS Ratio is ranked worse than
83.26% of 448 companies
in the Utilities - Regulated industry
Industry Median: 1.265 vs FRA:PSE: 3.10

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Public Service Enterprise Group's adjusted revenue per share data for the three months ended in Mar. 2024 was €5.078. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €21.62 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Public Service Enterprise Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Public Service Enterprise Group's Cyclically Adjusted PS Ratio 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.

* Premium members only.

Public Service Enterprise Group Cyclically Adjusted PS Ratio Chart

Public Service Enterprise Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.71 2.75 3.03 2.68 2.62

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
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.68 2.67 2.42 2.62 2.84

Competitive Comparison of Public Service Enterprise Group's Cyclically Adjusted PS Ratio

For the Utilities - Regulated Electric subindustry, Public Service Enterprise Group's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio 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 PS Ratio Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where Public Service Enterprise Group's Cyclically Adjusted PS Ratio falls into.



Public Service Enterprise Group Cyclically Adjusted PS Ratio Calculation

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

Public Service Enterprise Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=67.50/21.62
=3.12

* 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.

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=5.078/131.7762*131.7762
=5.078

Current CPI (Mar. 2024) = 131.7762.

Public Service Enterprise Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.258 100.560 4.269
201409 4.042 100.428 5.304
201412 4.401 99.070 5.854
201503 5.702 99.621 7.542
201506 4.059 100.684 5.312
201509 4.715 100.392 6.189
201512 4.117 99.792 5.437
201603 4.624 100.470 6.065
201606 3.338 101.688 4.326
201609 4.297 101.861 5.559
201612 3.723 101.863 4.816
201703 4.769 102.862 6.110
201706 3.760 103.349 4.794
201709 3.730 104.136 4.720
201712 3.512 104.011 4.450
201803 4.508 105.290 5.642
201806 3.404 106.317 4.219
201809 4.047 106.507 5.007
201812 4.279 105.998 5.320
201903 5.202 107.251 6.392
201906 4.043 108.070 4.930
201909 4.123 108.329 5.015
201912 4.399 108.420 5.347
202003 4.964 108.902 6.007
202006 3.591 108.767 4.351
202009 3.969 109.815 4.763
202012 3.894 109.897 4.669
202103 4.787 111.754 5.645
202106 3.086 114.631 3.548
202109 3.209 115.734 3.654
202112 5.366 117.630 6.011
202203 4.192 121.301 4.554
202206 3.928 125.017 4.140
202209 4.589 125.227 4.829
202212 5.915 125.222 6.225
202303 7.014 127.348 7.258
202306 4.469 128.729 4.575
202309 4.603 129.860 4.671
202312 4.768 129.419 4.855
202403 5.078 131.776 5.078

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Public Service Enterprise Group Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Public Service Enterprise Group's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


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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