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Public Service Enterprise Group (WBO:PEG) Cyclically Adjusted PB Ratio : 2.28 (As of Jun. 01, 2025)


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What is Public Service Enterprise Group Cyclically Adjusted PB Ratio?

As of today (2025-06-01), Public Service Enterprise Group's current share price is €71.50. Public Service Enterprise Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €31.31. 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:

WBO:PEG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.45   Med: 2.14   Max: 2.79
Current: 2.37

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.

WBO:PEG's Cyclically Adjusted PB Ratio is ranked worse than
72.75% of 411 companies
in the Utilities - Regulated industry
Industry Median: 1.5 vs WBO:PEG: 2.37

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 €30.311. 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 €31.31 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
=71.50/31.31
=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 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)
=30.311/134.9266*134.9266
=30.311

Current CPI (Mar. 2025) = 134.9266.

Public Service Enterprise Group Quarterly Data

Book Value per Share CPI Adj_Book
201506 22.381 100.684 29.993
201509 22.804 100.392 30.649
201512 23.705 99.792 32.051
201603 23.682 100.470 31.804
201606 23.471 101.688 31.143
201609 23.776 101.861 31.494
201612 24.648 101.863 32.649
201703 24.079 102.862 31.585
201706 22.766 103.349 29.722
201709 21.804 104.136 28.251
201712 23.170 104.011 30.057
201803 22.695 105.290 29.083
201806 24.046 106.317 30.517
201809 24.416 106.507 30.931
201812 25.074 105.998 31.917
201903 26.013 107.251 32.726
201906 25.907 108.070 32.345
201909 26.889 108.329 33.491
201912 26.945 108.420 33.533
202003 27.382 108.902 33.926
202006 27.294 108.767 33.858
202009 26.676 109.815 32.776
202012 26.069 109.897 32.006
202103 27.128 111.754 32.753
202106 26.148 114.631 30.777
202109 23.727 115.734 27.662
202112 25.352 117.630 29.080
202203 24.843 121.301 27.634
202206 25.559 125.017 27.585
202209 26.929 125.227 29.015
202212 26.077 125.222 28.098
202303 27.674 127.348 29.321
202306 27.956 128.729 29.302
202309 28.535 129.860 29.648
202312 24.667 129.419 25.717
202403 28.945 131.776 29.637
202406 29.509 132.554 30.037
202409 29.120 133.029 29.535
202412 26.828 133.157 27.185
202503 30.311 134.927 30.311

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  (WBO: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.