Public Service Enterprise Group (FRA:PSE) Cyclically Adjusted Book per Share: €31.72 (As of Jun. 2026)

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FRA:PSE Public Service Enterprise Group Inc FRA:PSE
68 GF Score
Price €60.70
GF Value €80.12
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

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

Public Service Enterprise Group FRA:PSE -1.75% 68 Cyclically Adjusted Book per Share is €31.72 as of Jun. 2026. GuruFocus rates FRA:PSE with a GF Score™ of 68/100 and a GF Value™ of €80.12 (Modestly Undervalued). The stock has 4 warning signs investors should review.

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 Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Public Service Enterprise Group's adjusted book value per share for the three months ended in Jun. 2026 was €30.436. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is €31.72 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Public Service Enterprise Group's average Cyclically Adjusted Book Growth Rate was 3.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.70% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 5.90% 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 Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Public Service Enterprise Group was 7.80% per year. The lowest was -0.10% per year. And the median was 4.30% per year.

As of today (2026-09-16), Public Service Enterprise Group's current stock price is €60.70. Public Service Enterprise Group's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €31.72. Public Service Enterprise Group's Cyclically Adjusted PB Ratio of today is 1.91.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Public Service Enterprise Group was 2.79. The lowest was 1.45. And the median was 2.17.


Public Service Enterprise Group  (FRA:PSE) Cyclically Adjusted Book per Share Explanation

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

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB 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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Public Service Enterprise Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=60.70/31.719
=1.91

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Public Service Enterprise Group was 2.79. The lowest was 1.45. And the median was 2.17.


Be Aware

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


Public Service Enterprise Group Cyclically Adjusted Book per Share Related Terms


Public Service Enterprise Group Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Public Service Enterprise Group's Cyclically Adjusted Book 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.

Public Service Enterprise Group Cyclically Adjusted Book per Share Chart

Public Service Enterprise Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.51 27.66 29.21 30.50 30.96

Public Service Enterprise Group Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted Book 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 30.89 31.05 30.89 31.43 31.72

FRA:PSE vs WEC, ED, AEE: Cyclically Adjusted Book per Share Comparison

For the Utilities - Regulated Electric subindustry, Public Service Enterprise Group's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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 Cyclically Adjusted PB Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Public Service Enterprise Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Public Service Enterprise Group's Cyclically Adjusted PB Ratio falls into.


FRA:PSE
68GF Score
Public Service Enterprise Group Inc FRA:PSE
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Public Service Enterprise Group Cyclically Adjusted Book 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 Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

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

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value 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 Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book 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 Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=30.436/333.9520*333.9520
=30.436

Current CPI (Jun. 2026) = 333.9520.

Public Service Enterprise Group Quarterly Data

Book Value per Share CPI Adj_Book
201609 23.745 241.428 32.845
201612 24.657 241.432 34.106
201703 24.078 243.801 32.981
201706 22.428 244.955 30.577
201709 21.983 246.819 29.744
201712 22.835 246.524 30.933
201803 22.754 249.554 30.449
201806 24.060 251.989 31.886
201809 24.529 252.439 32.449
201812 24.954 251.233 33.170
201903 26.177 254.202 34.389
201906 25.706 256.143 33.515
201909 27.163 256.759 35.329
201912 26.671 256.974 34.660
202003 27.574 258.115 35.676
202006 27.366 257.797 35.450
202009 25.289 260.280 32.447
202012 25.920 260.474 33.232
202103 27.479 264.877 34.645
202106 26.565 271.696 32.652
202109 24.086 274.310 29.323
202112 25.191 278.802 30.174
202203 24.590 287.504 28.563
202206 25.844 296.311 29.127
202209 27.216 296.808 30.622
202212 25.883 296.797 29.123
202303 27.272 301.836 30.174
202306 27.761 305.109 30.385
202309 28.764 307.789 31.209
202312 28.134 306.746 30.629
202403 29.166 312.332 31.185
202406 29.648 314.175 31.514
202409 28.959 315.301 30.672
202412 31.248 315.605 33.065
202503 30.370 319.799 31.714
202506 28.461 322.561 29.466
202509 29.010 324.800 29.827
202512 29.035 324.054 29.922
202603 30.155 330.213 30.496
202606 30.436 333.952 30.436

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of €31.72 mean?
Public Service Enterprise Group (FRA:PSE) has a Cyclically Adjusted Book per Share of €31.72 as of Jun. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Public Service Enterprise Group and its competitors.
Is Public Service Enterprise Group's Cyclically Adjusted Book per Share too high?
Public Service Enterprise Group's current Cyclically Adjusted Book per Share is €31.72. Overall, Public Service Enterprise Group has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Public Service Enterprise Group's Cyclically Adjusted Book per Share compare to WEC and ED?
Public Service Enterprise Group's Cyclically Adjusted Book per Share of €31.72 can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for an Utilities - Regulated company?
A good Cyclically Adjusted Book per Share depends on the Utilities - Regulated industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Public Service Enterprise Group and its competitors. Public Service Enterprise Group's current Cyclically Adjusted Book per Share is €31.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Public Service Enterprise Group stock overvalued right now?
Based on GuruFocus' analysis, Public Service Enterprise Group (FRA:PSE) is currently considered Modestly Undervalued. The stock's GF Value™ is €80.12, compared to a current price of €60.70 — trading 24.2% below its estimated fair value. The current Cyclically Adjusted Book per Share is €31.72. Public Service Enterprise Group's overall GF Score™ is 68/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Public Service Enterprise Group (FRA:PSE), the current Cyclically Adjusted Book per Share is €31.72 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Public Service Enterprise Group (FRA:PSE) Overvalued in 2026?

Based on GuruFocus' analysis, Public Service Enterprise Group stock appears to be undervalued. The current stock price of €60.70 is trading 24.2% below its estimated GF Value™ of €80.12. GuruFocus considers Public Service Enterprise Group to be Modestly Undervalued.

Key valuation signals for FRA:PSE:

  • Cyclically Adjusted Book per Share: €31.72
  • GF Value™: €80.12 vs. price of €60.70 (24.2% below fair value)
  • GF Score™: 68/100 with 4 warning signs

No single metric tells the full story. See the FRA:PSE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Public Service Enterprise Group Business Description

Address 80 Park Plaza, Newark, NJ, USA, 07102
Public Service Enterprise Group is the holding company for a regulated utility (PSE&G) and PSEG Power, which owns all or a share of three nuclear plants and clean energy projects. PSE&G provides regulated gas and electricity delivery services in New Jersey to a combined 4.3 million customers. Public Service Enterprise Group also operates the Long Island Power Authority system under a contract extension through 2030. In 2022, the company sold its gas and oil power plants in the mid-Atlantic, New York, and the Northeast.
68GF Score

Get the complete analysis for FRA:PSE

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€60.70
Price
€80.12
GF Value