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Public Service Enterprise Group (FRA:PSE) Shiller PE Ratio : 22.59 (As of May. 18, 2024)


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What is Public Service Enterprise Group Shiller PE Ratio?

As of today (2024-05-18), Public Service Enterprise Group's current share price is €68.00. Public Service Enterprise Group's E10 for the quarter that ended in Mar. 2024 was €3.01. Public Service Enterprise Group's Shiller PE Ratio for today is 22.59.

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

FRA:PSE' s Shiller PE Ratio Range Over the Past 10 Years
Min: 12.32   Med: 17.15   Max: 26.29
Current: 22.82

During the past years, Public Service Enterprise Group's highest Shiller PE Ratio was 26.29. The lowest was 12.32. And the median was 17.15.

FRA:PSE's Shiller PE Ratio is ranked worse than
72.31% of 390 companies
in the Utilities - Regulated industry
Industry Median: 16.16 vs FRA:PSE: 22.82

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Public Service Enterprise Group's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.975. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €3.01 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Public Service Enterprise Group Shiller PE Ratio Historical Data

The historical data trend for Public Service Enterprise Group's Shiller PE 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 Shiller PE Ratio Chart

Public Service Enterprise Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.25 18.69 23.46 21.06 19.10

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
Shiller PE 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 19.92 19.56 18.04 19.10 20.45

Competitive Comparison of Public Service Enterprise Group's Shiller PE Ratio

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

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

* The bar in red indicates where Public Service Enterprise Group's Shiller PE Ratio falls into.



Public Service Enterprise Group Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Public Service Enterprise Group's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=68.00/3.01
=22.59

* 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 E10 for the quarter that ended in Mar. 2024 is calculated as:

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

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.975/131.7762*131.7762
=0.975

Current CPI (Mar. 2024) = 131.7762.

Public Service Enterprise Group Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.309 100.560 0.405
201409 0.675 100.428 0.886
201412 0.762 99.070 1.014
201503 1.063 99.621 1.406
201506 0.606 100.684 0.793
201509 0.775 100.392 1.017
201512 0.551 99.792 0.728
201603 0.835 100.470 1.095
201606 0.329 101.688 0.426
201609 0.570 101.861 0.737
201612 -0.184 101.863 -0.238
201703 0.206 102.862 0.264
201706 0.196 103.349 0.250
201709 0.654 104.136 0.828
201712 1.589 104.011 2.013
201803 0.892 105.290 1.116
201806 0.454 106.317 0.563
201809 0.694 106.507 0.859
201812 0.343 105.998 0.426
201903 1.221 107.251 1.500
201906 0.266 108.070 0.324
201909 0.717 108.329 0.872
201912 0.774 108.420 0.941
202003 0.796 108.902 0.963
202006 0.790 108.767 0.957
202009 0.968 109.815 1.162
202012 0.699 109.897 0.838
202103 1.075 111.754 1.268
202106 -0.291 114.631 -0.335
202109 -2.635 115.734 -3.000
202112 0.779 117.630 0.873
202203 -0.004 121.301 -0.004
202206 0.246 125.017 0.259
202209 0.222 125.227 0.234
202212 1.488 125.222 1.566
202303 2.410 127.348 2.494
202306 1.089 128.729 1.115
202309 0.253 129.860 0.257
202312 1.001 129.419 1.019
202403 0.975 131.776 0.975

Add all the adjusted EPS together and divide 10 will get our E10.

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) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Public Service Enterprise Group Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Public Service Enterprise Group's Shiller PE 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.

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