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Public Service Enterprise Group (Public Service Enterprise Group) Cyclically Adjusted Revenue per Share : $23.34 (As of Dec. 2023)


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What is Public Service Enterprise Group Cyclically Adjusted Revenue per Share?

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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 for the three months ended in Dec. 2023 was $5.200. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $23.34 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Public Service Enterprise Group's average Cyclically Adjusted Revenue Growth Rate was 1.90% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 3.20% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 1.30% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -1.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Public Service Enterprise Group was 7.70% per year. The lowest was -2.70% per year. And the median was 1.80% per year.

As of today (2024-04-30), Public Service Enterprise Group's current stock price is $68.8883. Public Service Enterprise Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $23.34. Public Service Enterprise Group's Cyclically Adjusted PS Ratio of today is 2.95.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Public Service Enterprise Group was 3.29. The lowest was 1.23. And the median was 2.32.


Public Service Enterprise Group Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Public Service Enterprise Group's Cyclically Adjusted Revenue per Share 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 Revenue per Share Chart

Public Service Enterprise Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.81 21.23 21.99 22.90 23.34

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
Cyclically Adjusted Revenue per Share 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 22.90 23.32 23.47 23.50 23.34

Competitive Comparison of Public Service Enterprise Group's Cyclically Adjusted Revenue per Share

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 Revenue per Share Calculation

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

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

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=5.2/129.4194*129.4194
=5.200

Current CPI (Dec. 2023) = 129.4194.

Public Service Enterprise Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 6.344 99.695 8.236
201406 4.427 100.560 5.698
201409 5.209 100.428 6.713
201412 5.427 99.070 7.090
201503 6.171 99.621 8.017
201506 4.555 100.684 5.855
201509 5.291 100.392 6.821
201512 4.484 99.792 5.815
201603 5.150 100.470 6.634
201606 3.750 101.688 4.773
201609 4.823 101.861 6.128
201612 3.927 101.863 4.989
201703 5.100 102.862 6.417
201706 4.225 103.349 5.291
201709 4.446 104.136 5.525
201712 4.156 104.011 5.171
201803 5.558 105.290 6.832
201806 3.976 106.317 4.840
201809 4.722 106.507 5.738
201812 4.868 105.998 5.944
201903 5.878 107.251 7.093
201906 4.568 108.070 5.470
201909 4.540 108.329 5.424
201912 4.888 108.420 5.835
202003 5.485 108.902 6.518
202006 4.043 108.767 4.811
202009 4.675 109.815 5.510
202012 4.738 109.897 5.580
202103 5.698 111.754 6.599
202106 3.718 114.631 4.198
202109 3.776 115.734 4.222
202112 6.063 117.630 6.671
202203 4.617 121.301 4.926
202206 4.152 125.017 4.298
202209 4.544 125.227 4.696
202212 6.265 125.222 6.475
202303 7.510 127.348 7.632
202306 4.842 128.729 4.868
202309 4.912 129.860 4.895
202312 5.200 129.419 5.200

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Public Service Enterprise Group  (NYSE:PEG) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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 Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=68.8883/23.34
=2.95

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Public Service Enterprise Group was 3.29. The lowest was 1.23. And the median was 2.32.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Public Service Enterprise Group Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Public Service Enterprise Group's Cyclically Adjusted Revenue per Share 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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