Public Service Enterprise Group (BSP:P1EG34) Cyclically Adjusted PB Ratio: 2.28 (As of Aug. 21, 2026) — Near Median

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BSP:P1EG34 Public Service Enterprise Group Inc BSP:P1EG34
73 GF Score
Price R$407.81
GF Value R$491.70
! 4 Warning Signs
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What is Public Service Enterprise Group Cyclically Adjusted PB Ratio?

Public Service Enterprise Group BSP:P1EG34 73 Cyclically Adjusted PB Ratio is 2.28 as of Aug. 21, 2026, which is 5% above its 10-year median of 2.17. GuruFocus rates BSP:P1EG34 with a GF Score™ of 73/100 and a GF Value™ of R$491.70. The stock has 4 warning signs investors should review. Among 427 Utilities - Regulated companies, Public Service Enterprise Group ranks worse than 68.85% on this metric.

As of today (2026-08-21), Public Service Enterprise Group's current share price is R$407.81. Public Service Enterprise Group's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was R$178.88. Public Service Enterprise Group's Cyclically Adjusted PB Ratio for today is 2.28.

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

BSP:P1EG34' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.45   Med: 2.17   Max: 2.79
Current: 2.1

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

BSP:P1EG34's Cyclically Adjusted PB Ratio is ranked worse than
68.85% of 427 companies
in the Utilities - Regulated industry
Industry Median: 1.53 vs BSP:P1EG34: 2.10

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 adjusted book value per share data for the three months ended in Jun. 2026 was R$178.304. 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 R$178.88 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Public Service Enterprise Group  (BSP:P1EG34) Cyclically Adjusted PB Ratio Explanation

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


Public Service Enterprise Group Cyclically Adjusted PB Ratio Related Terms


Public Service Enterprise Group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

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

Public Service Enterprise Group Cyclically Adjusted PB Ratio Chart

Public Service Enterprise Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.24 1.93 1.86 2.50 2.32

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 PB 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 2.44 2.40 2.32 2.30 2.28

BSP:P1EG34 vs ED, WEC, AEE: Cyclically Adjusted PB Ratio 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.


BSP:P1EG34
73GF Score
Public Service Enterprise Group Inc BSP:P1EG34
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Public Service Enterprise Group Cyclically Adjusted PB Ratio Calculation

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

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=407.81/178.88
=2.28

* 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 Book per Share for the quarter that ended in Jun. 2026 is calculated as:

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)
=178.304/333.9520*333.9520
=178.304

Current CPI (Jun. 2026) = 333.9520.

Public Service Enterprise Group Quarterly Data

Book Value per Share CPI Adj_Book
201609 86.812 241.428 120.082
201612 87.204 241.432 120.622
201703 80.541 243.801 110.323
201706 84.297 244.955 114.924
201709 81.408 246.819 110.147
201712 90.348 246.524 122.389
201803 91.760 249.554 122.793
201806 105.932 251.989 140.388
201809 117.057 252.439 154.855
201812 110.777 251.233 147.251
201903 112.889 254.202 148.305
201906 112.871 256.143 147.158
201909 121.991 256.759 158.667
201912 122.883 256.974 159.693
202003 147.837 258.115 191.273
202006 159.471 257.797 206.580
202009 169.671 260.280 217.696
202012 163.160 260.474 209.186
202103 181.989 264.877 229.448
202106 158.418 271.696 194.718
202109 147.362 274.310 179.402
202112 161.995 278.802 194.039
202203 136.155 287.504 158.152
202206 136.379 296.311 153.704
202209 139.805 296.808 157.301
202212 144.898 296.797 163.037
202303 154.330 301.836 170.751
202306 147.008 305.109 160.905
202309 150.402 307.789 163.187
202312 131.803 306.746 143.493
202403 156.674 312.332 167.519
202406 171.088 314.175 181.858
202409 178.978 315.301 189.565
202412 197.324 315.605 208.795
202503 188.686 319.799 197.036
202506 185.279 322.561 191.822
202509 182.775 324.800 187.925
202512 185.984 324.054 191.665
202603 181.702 330.213 183.759
202606 178.304 333.952 178.304

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

What does a Cyclically Adjusted PB Ratio of 2.28 mean?
Public Service Enterprise Group (BSP:P1EG34) has a Cyclically Adjusted PB Ratio of 2.28 as of Aug. 21, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Public Service Enterprise Group and its competitors. This is near median its historical median of 2.17. Over the past decade, Public Service Enterprise Group's Cyclically Adjusted PB Ratio has ranged from 1.45 to 2.79. According to the industry distribution chart, Public Service Enterprise Group ranks #294 out of 427 companies in the Utilities - Regulated industry, placing it in the top 68.9%.
Is Public Service Enterprise Group's Cyclically Adjusted PB Ratio too high?
Public Service Enterprise Group's current Cyclically Adjusted PB Ratio of 2.28 is near median its 10-year median of 2.17. Over the past 10 years, this metric has ranged from a low of 1.45 to a high of 2.79. The Utilities - Regulated industry median Cyclically Adjusted PB Ratio is 1.53. Public Service Enterprise Group's value of 2.28 is 49% above this industry median. Based on the distribution chart, Public Service Enterprise Group ranks #294 out of 427 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Public Service Enterprise Group has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does Public Service Enterprise Group's Cyclically Adjusted PB Ratio compare to ED and WEC?
According to the Utilities - Regulated industry distribution chart, Public Service Enterprise Group ranks #294 out of 427 companies for Cyclically Adjusted PB Ratio. This places Public Service Enterprise Group in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.53. Public Service Enterprise Group's value of 2.28 is 49% above this benchmark. Historically, Public Service Enterprise Group's own Cyclically Adjusted PB Ratio has ranged from 1.45 to 2.79 over the past decade. While the company's 10-year median is 2.17 vs. the industry median of 1.53, Public Service Enterprise Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for an Utilities - Regulated company?
The median Cyclically Adjusted PB Ratio among Utilities - Regulated companies is 1.53, based on 427 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Public Service Enterprise Group's current Cyclically Adjusted PB Ratio of 2.28 is 49% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Public Service Enterprise Group and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PB Ratio is 1.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Public Service Enterprise Group's current Cyclically Adjusted PB Ratio is 2.28, which is near median its own 10-year median of 2.17. 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?
Public Service Enterprise Group (BSP:P1EG34) has a current Cyclically Adjusted PB Ratio of 2.28. The stock's GF Value™ is R$491.70, compared to a current price of R$407.81 — trading 17.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.28, which is near median its 10-year median of 2.17 and 49% above the Utilities - Regulated industry median of 1.53. Public Service Enterprise Group's overall GF Score™ is 73/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Public Service Enterprise Group (BSP:P1EG34), the current Cyclically Adjusted PB Ratio is 2.28 as of Aug. 21, 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 (BSP:P1EG34) Overvalued in 2026?

Based on GuruFocus' analysis, Public Service Enterprise Group stock appears to be undervalued. The current stock price of R$407.81 is trading 17.1% below its estimated GF Value™ of R$491.70.

Key valuation signals for BSP:P1EG34:

  • Cyclically Adjusted PB Ratio: 2.28 (near median its 10-year median of 2.17)
  • GF Value™: R$491.70 vs. price of R$407.81 (17.1% below fair value)
  • GF Score™: 73/100 with 4 warning signs
  • Industry Position: 49% above the Utilities - Regulated median (#294 of 427)

No single metric tells the full story. See the BSP:P1EG34 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.
73GF Score

Get the complete analysis for BSP:P1EG34

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

R$407.81
Price
R$491.70
GF Value