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PEG (Public Service Enterprise Group) Cyclically Adjusted PB Ratio : 2.29 (As of May. 28, 2025)


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What is Public Service Enterprise Group Cyclically Adjusted PB Ratio?

As of today (2025-05-28), Public Service Enterprise Group's current share price is $78.16. Public Service Enterprise Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $34.13. Public Service Enterprise Group's Cyclically Adjusted PB Ratio for today is 2.29.

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

PEG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.45   Med: 2.14   Max: 2.79
Current: 2.33

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 2.14.

PEG's Cyclically Adjusted PB Ratio is ranked worse than
71.81% of 408 companies
in the Utilities - Regulated industry
Industry Median: 1.505 vs PEG: 2.33

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 Mar. 2025 was $32.769. 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 $34.13 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Public Service Enterprise Group Cyclically Adjusted PB Ratio Historical Data

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.

* Premium members only.

Public Service Enterprise Group Cyclically Adjusted PB Ratio Chart

Public Service Enterprise Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.14 2.24 1.93 1.86 2.51

Public Service Enterprise Group Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 2.00 2.19 2.64 2.51 2.41

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

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's Cyclically Adjusted PB Ratio Distribution in the 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.


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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
=78.16/34.13
=2.29

* 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 Mar. 2025 is calculated as:

For example, Public Service Enterprise Group's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=32.769/134.9266*134.9266
=32.769

Current CPI (Mar. 2025) = 134.9266.

Public Service Enterprise Group Quarterly Data

Book Value per Share CPI Adj_Book
201506 25.119 100.684 33.662
201509 25.594 100.392 34.398
201512 25.822 99.792 34.913
201603 26.372 100.470 35.416
201606 26.372 101.688 34.992
201609 26.685 101.861 35.347
201612 26.000 101.863 34.439
201703 25.752 102.862 33.779
201706 25.580 103.349 33.396
201709 25.988 104.136 33.672
201712 27.420 104.011 35.570
201803 27.984 105.290 35.861
201806 28.091 106.317 35.650
201809 28.490 106.507 36.092
201812 28.526 105.998 36.311
201903 29.393 107.251 36.978
201906 29.274 108.070 36.549
201909 29.613 108.329 36.884
201912 29.938 108.420 37.257
202003 30.256 108.902 37.487
202006 30.736 108.767 38.128
202009 31.421 109.815 38.606
202012 31.714 109.897 38.937
202103 32.296 111.754 38.993
202106 31.504 114.631 37.082
202109 27.915 115.734 32.544
202112 28.647 117.630 32.859
202203 27.360 121.301 30.433
202206 27.018 125.017 29.160
202209 26.662 125.227 28.727
202212 27.624 125.222 29.765
202303 29.630 127.348 31.393
202306 30.288 128.729 31.746
202309 30.454 129.860 31.642
202312 26.900 129.419 28.045
202403 31.462 131.776 32.214
202406 31.765 132.554 32.334
202409 32.319 133.029 32.780
202412 28.092 133.157 28.465
202503 32.769 134.927 32.769

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.


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

Thank you for viewing the detailed overview of Public Service Enterprise Group's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


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 PSEG Power, which owns all or a share of three nuclear plans 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. In 2022, the company sold its gas and oil power plants in the mid-Atlantic, New York, and the Northeast.
Executives
Ralph A Larossa officer: President & COO - PSE&G PSEG, 80 PARK PLAZA, NEWARK NJ 07102
Scott G Stephenson director C/O VERISK ANALYTICS, INC., 545 WASHINGTON BOULEVARD, JERSEY CITY NJ 07310-1686
Kim C Hanemann officer: President and COO - PSE&G 1500 RONSON ROAD, ISELIN NJ 08830
Richard T Thigpen officer: SVP Corporate Citizenship 80 PARK AVENUE, NEWARK NJ 07102
Tamara Louise Linde officer: EVP & General Counsel 80 PARK PLAZA, T4, NEWARK NJ 07102
Rose M Chernick officer: Vice President and Controller 80 PARK PLAZA, T4B, 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
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
Daniel J Cregg officer: Executive VP & CFO 80 PARK PLAZA, T4, NEWARK NJ 07102
John P Surma director
Derek M Dirisio officer: Vice President and Controller PSEG, 80 PARK PLAZA, NEWARK NJ 07102