PEG (Public Service Enterprise Group) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

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PEG Public Service Enterprise Group Inc PEG
71 GF Score
Price $69.77
GF Value $90.51
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Public Service Enterprise Group Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Public Service Enterprise Group  (NYSE:PEG) 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 2.22 1.92 1.85 2.48 2.30

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 2.43 2.40 2.32 2.29 2.28

PEG vs WEC, ED, 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.


PEG
71GF Score
Public Service Enterprise Group Inc PEG
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 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)
=34.797/333.9520*333.9520
=34.797

Current CPI (Jun. 2026) = 333.9520.

Public Service Enterprise Group Quarterly Data

Book Value per Share CPI Adj_Book
201609 26.685 241.428 36.912
201612 26.007 241.432 35.973
201703 25.752 243.801 35.274
201706 25.580 244.955 34.874
201709 25.988 246.819 35.162
201712 27.420 246.524 37.144
201803 27.984 249.554 37.448
201806 28.091 251.989 37.228
201809 28.490 252.439 37.689
201812 28.526 251.233 37.918
201903 29.393 254.202 38.614
201906 29.274 256.143 38.167
201909 29.613 256.759 38.516
201912 29.938 256.974 38.906
202003 30.256 258.115 39.146
202006 30.736 257.797 39.816
202009 29.655 260.280 38.049
202012 31.714 260.474 40.660
202103 32.296 264.877 40.718
202106 31.504 271.696 38.723
202109 27.915 274.310 33.984
202112 28.647 278.802 34.314
202203 27.360 287.504 31.780
202206 27.018 296.311 30.450
202209 26.662 296.808 29.999
202212 27.624 296.797 31.082
202303 29.630 301.836 32.783
202306 30.288 305.109 33.151
202309 30.454 307.789 33.043
202312 31.078 306.746 33.834
202403 31.499 312.332 33.679
202406 31.775 314.175 33.775
202409 32.319 315.301 34.231
202412 32.357 315.605 34.238
202503 32.806 319.799 34.258
202506 33.409 322.561 34.589
202509 34.086 324.800 35.046
202512 34.100 324.054 35.142
202603 34.745 330.213 35.138
202606 34.797 333.952 34.797

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.

Is Public Service Enterprise Group (PEG) Overvalued in 2026?

Based on GuruFocus' analysis, Public Service Enterprise Group stock appears to be undervalued. The current stock price of $69.77 is trading 22.9% below its estimated GF Value™ of $90.51. GuruFocus considers Public Service Enterprise Group to be Modestly Undervalued.

Key valuation signals for PEG:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $90.51 vs. price of $69.77 (22.9% below fair value)
  • GF Score™: 71/100 with 4 warning signs

No single metric tells the full story. See the PEG 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.
71GF Score

Get the complete analysis for PEG

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

$69.77
Price
$90.51
GF Value