GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Public Service Enterprise Group Inc (NYSE:PEG) » Definitions » Cyclically Adjusted PS Ratio

Public Service Enterprise Group (Public Service Enterprise Group) Cyclically Adjusted PS Ratio : 2.91 (As of Apr. 27, 2024)


View and export this data going back to 1986. Start your Free Trial

What is Public Service Enterprise Group Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Public Service Enterprise Group's current share price is $67.82. 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 for today is 2.91.

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

PEG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.23   Med: 2.32   Max: 3.29
Current: 2.91

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

PEG's Cyclically Adjusted PS Ratio is ranked worse than
82.23% of 439 companies
in the Utilities - Regulated industry
Industry Median: 1.27 vs PEG: 2.91

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 adjusted revenue per share data 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 10 will get our Cyclically Adjusted Revenue per Share, which is $23.34 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Public Service Enterprise Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Public Service Enterprise Group's Cyclically Adjusted PS 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 Cyclically Adjusted PS Ratio Chart

Public Service Enterprise Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.71 2.75 3.03 2.68 2.62

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 PS 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 2.68 2.68 2.67 2.42 2.62

Competitive Comparison of Public Service Enterprise Group's Cyclically Adjusted PS Ratio

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 PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

Public Service Enterprise Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=67.82/23.34
=2.91

* 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 Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

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.

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 PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Public Service Enterprise Group Cyclically Adjusted PS Ratio Related Terms

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