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Public Service Enterprise Group (Public Service Enterprise Group) Cyclically Adjusted Price-to-FCF : (As of Apr. 30, 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
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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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 Dec. 2023 is calculated as:

For example, Public Service Enterprise Group's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.509/129.4194*129.4194
=-0.509

Current CPI (Dec. 2023) = 129.4194.

Public Service Enterprise Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.998 99.695 1.296
201406 -0.567 100.560 -0.730
201409 0.779 100.428 1.004
201412 -0.734 99.070 -0.959
201503 1.835 99.621 2.384
201506 -0.868 100.684 -1.116
201509 -0.089 100.392 -0.115
201512 -0.976 99.792 -1.266
201603 0.262 100.470 0.337
201606 -0.823 101.688 -1.047
201609 -0.031 101.861 -0.039
201612 -1.346 101.863 -1.710
201703 0.236 102.862 0.297
201706 -0.740 103.349 -0.927
201709 -0.292 104.136 -0.363
201712 -1.270 104.011 -1.580
201803 0.138 105.290 0.170
201806 -0.959 106.317 -1.167
201809 -0.456 106.507 -0.554
201812 -0.982 105.998 -1.199
201903 0.793 107.251 0.957
201906 -0.416 108.070 -0.498
201909 0.122 108.329 0.146
201912 -0.272 108.420 -0.325
202003 0.797 108.902 0.947
202006 -0.402 108.767 -0.478
202009 0.258 109.815 0.304
202012 -0.519 109.897 -0.611
202103 0.777 111.754 0.900
202106 -1.286 114.631 -1.452
202109 -1.218 115.734 -1.362
202112 -0.228 117.630 -0.251
202203 -0.427 121.301 -0.456
202206 -1.442 125.017 -1.493
202209 -0.904 125.227 -0.934
202212 0.004 125.222 0.004
202303 2.196 127.348 2.232
202306 -0.266 128.729 -0.267
202309 -0.458 129.860 -0.456
202312 -0.509 129.419 -0.509

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  (NYSE:PEG) 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

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


Public Service Enterprise Group (Public Service Enterprise Group) 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.
Executives
Rose M Chernick officer: Vice President and Controller 80 PARK PLAZA, T4B, NEWARK NJ 07102
Ralph A Larossa officer: President & COO - PSE&G PSEG, 80 PARK PLAZA, NEWARK NJ 07102
Kenneth Tanji director 751 BROAD STREET, 5TH FLOOR, ATTN: REGULATORY FILINGS UNIT, NEWARK NJ 07102
Eric Carr officer: President & COO - PSEG Power PO BOX 236, HANCOCKS BRIDGE NJ 08038
Sheila J Rostiac officer: SVP HR & CHRO & CDO 80 PARK PLAZA, NEWARK NJ 07102
Richard T Thigpen officer: SVP Corporate Citizenship 80 PARK AVENUE, NEWARK NJ 07102
Ralph Izzo officer: President and COO - PSE&G PSEG 80 PARK PLAZA, T6B NEWARK NJ 07102-4194
Jamie M Gentoso director 80 PARK PLAZA, NEWARK NJ 07102
Valerie Ann Smith director 80 PARK PLAZA, NEWARK NJ 07102
Kim C Hanemann officer: President and COO - PSE&G 1500 RONSON ROAD, ISELIN NJ 08830
Tamara Louise Linde officer: EVP & General Counsel 80 PARK PLAZA, T4, NEWARK NJ 07102
Daniel J Cregg officer: Executive VP & CFO 80 PARK PLAZA, T4, NEWARK NJ 07102
Scott G Stephenson director C/O VERISK ANALYTICS, INC., 545 WASHINGTON BOULEVARD, JERSEY CITY NJ 07310-1686
John P Surma director
Derek M Dirisio officer: Vice President and Controller PSEG, 80 PARK PLAZA, NEWARK NJ 07102

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