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Public Service Enterprise Group (Public Service Enterprise Group) Cyclically Adjusted FCF per Share : $-1.09 (As of Dec. 2023)


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What is Public Service Enterprise Group Cyclically Adjusted FCF 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 FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Public Service Enterprise Group's adjusted free cash flow per share for the three months ended in Dec. 2023 was $-0.509. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $-1.09 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -108.60% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -68.70% 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 FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Public Service Enterprise Group was 57.10% per year. The lowest was -108.60% per year. And the median was -10.40% per year.

As of today (2024-04-27), Public Service Enterprise Group's current stock price is $67.82. Public Service Enterprise Group's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $-1.09. Public Service Enterprise Group's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Public Service Enterprise Group was 5590.00. The lowest was 30.24. And the median was 47.24.


Public Service Enterprise Group Cyclically Adjusted FCF per Share Historical Data

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

Public Service Enterprise Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.13 -0.12 -0.69 -1.06 -1.09

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 FCF 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 -1.06 -0.90 -0.88 -1.04 -1.09

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

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 FCF 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 FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

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

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow 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 FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

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

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.


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

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF 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 Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Public Service Enterprise Group was 5590.00. The lowest was 30.24. And the median was 47.24.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Public Service Enterprise Group Cyclically Adjusted FCF per Share Related Terms

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