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Public Service Enterprise Group (BSP:P1EG34) Shiller PE Ratio : 20.42 (As of May. 25, 2024)


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What is Public Service Enterprise Group Shiller PE Ratio?

As of today (2024-05-25), Public Service Enterprise Group's current share price is R$300.60. Public Service Enterprise Group's E10 for the quarter that ended in Mar. 2024 was R$14.72. Public Service Enterprise Group's Shiller PE Ratio for today is 20.42.

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

BSP:P1EG34' s Shiller PE Ratio Range Over the Past 10 Years
Min: 12.32   Med: 17.18   Max: 26.29
Current: 22.98

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 17.18.

BSP:P1EG34's Shiller PE Ratio is ranked worse than
73.45% of 388 companies
in the Utilities - Regulated industry
Industry Median: 15.985 vs BSP:P1EG34: 22.98

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 R$5.279. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$14.72 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
=300.60/14.72
=20.42

* 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)
=5.279/131.7762*131.7762
=5.279

Current CPI (Mar. 2024) = 131.7762.

Public Service Enterprise Group Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.939 100.560 1.230
201409 2.034 100.428 2.669
201412 2.483 99.070 3.303
201503 3.613 99.621 4.779
201506 2.116 100.684 2.769
201509 3.396 100.392 4.458
201512 2.328 99.792 3.074
201603 3.439 100.470 4.511
201606 1.267 101.688 1.642
201609 2.082 101.861 2.693
201612 -0.651 101.863 -0.842
201703 0.688 102.862 0.881
201706 0.725 103.349 0.924
201709 2.443 104.136 3.091
201712 6.195 104.011 7.849
201803 3.607 105.290 4.514
201806 1.999 106.317 2.478
201809 3.328 106.507 4.118
201812 1.515 105.998 1.883
201903 5.300 107.251 6.512
201906 1.157 108.070 1.411
201909 3.254 108.329 3.958
201912 3.530 108.420 4.290
202003 4.300 108.902 5.203
202006 4.618 108.767 5.595
202009 6.156 109.815 7.387
202012 4.373 109.897 5.244
202103 7.213 111.754 8.505
202106 -1.760 114.631 -2.023
202109 -16.365 115.734 -18.633
202112 4.976 117.630 5.574
202203 -0.020 121.301 -0.022
202206 1.312 125.017 1.383
202209 1.154 125.227 1.214
202212 8.267 125.222 8.700
202303 13.438 127.348 13.905
202306 5.727 128.729 5.863
202309 1.333 129.860 1.353
202312 5.351 129.419 5.448
202403 5.279 131.776 5.279

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  (BSP:P1EG34) 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

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Public Service Enterprise Group (BSP:P1EG34) 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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