Public Service Enterprise Group (FRA:PSE) Cyclically Adjusted PS Ratio: 3.21 (As of Jul. 22, 2026) — 19% Above Median

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FRA:PSE Public Service Enterprise Group Inc FRA:PSE
76 GF Score
Price €67.64
GF Value €79.77
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Public Service Enterprise Group Cyclically Adjusted PS Ratio?

Public Service Enterprise Group FRA:PSE -0.62% 76 Cyclically Adjusted PS Ratio is 3.21 as of Jul. 22, 2026, which is 19% above its 10-year median of 2.70. GuruFocus rates FRA:PSE with a GF Score™ of 76/100 and a GF Value™ of €79.77 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 442 Utilities - Regulated companies, Public Service Enterprise Group ranks worse than 79.64% on this metric.

As of today (2026-07-22), Public Service Enterprise Group's current share price is €67.64. Public Service Enterprise Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €21.05. Public Service Enterprise Group's Cyclically Adjusted PS Ratio for today is 3.21.

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

FRA:PSE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.68   Med: 2.7   Max: 4.02
Current: 3.23

During the past years, Public Service Enterprise Group's highest Cyclically Adjusted PS Ratio was 4.02. The lowest was 1.68. And the median was 2.70.

FRA:PSE's Cyclically Adjusted PS Ratio is ranked worse than
79.64% of 442 companies
in the Utilities - Regulated industry
Industry Median: 1.44 vs FRA:PSE: 3.23

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Public Service Enterprise Group's adjusted revenue per share data for the three months ended in Mar. 2026 was €6.657. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €21.05 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Public Service Enterprise Group  (FRA:PSE) Cyclically Adjusted PS Ratio Explanation

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


Public Service Enterprise Group Cyclically Adjusted PS Ratio Related Terms


Public Service Enterprise Group Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Public Service Enterprise Group's Cyclically Adjusted PS 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 PS Ratio Chart

Public Service Enterprise Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.03 2.68 2.62 3.64 3.42

Public Service Enterprise Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PS 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 3.52 3.58 3.54 3.42 3.37

FRA:PSE vs ED, WEC, PCG: Cyclically Adjusted PS Ratio Comparison

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

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

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


FRA:PSE
76GF Score
Public Service Enterprise Group Inc FRA:PSE
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Public Service Enterprise Group Cyclically Adjusted PS Ratio Calculation

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

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=67.64/21.05
=3.21

* 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 Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Public Service Enterprise Group's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=6.657/330.2130*330.2130
=6.657

Current CPI (Mar. 2026) = 330.2130.

Public Service Enterprise Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 3.338 241.018 4.573
201609 4.297 241.428 5.877
201612 3.723 241.432 5.092
201703 4.769 243.801 6.459
201706 3.760 244.955 5.069
201709 3.730 246.819 4.990
201712 3.512 246.524 4.704
201803 4.508 249.554 5.965
201806 3.404 251.989 4.461
201809 4.047 252.439 5.294
201812 4.279 251.233 5.624
201903 5.202 254.202 6.757
201906 4.043 256.143 5.212
201909 4.123 256.759 5.303
201912 4.399 256.974 5.653
202003 4.964 258.115 6.351
202006 3.591 257.797 4.600
202009 3.969 260.280 5.035
202012 3.894 260.474 4.937
202103 4.787 264.877 5.968
202106 3.086 271.696 3.751
202109 3.209 274.310 3.863
202112 5.366 278.802 6.355
202203 4.192 287.504 4.815
202206 3.928 296.311 4.377
202209 4.589 296.808 5.105
202212 5.915 296.797 6.581
202303 7.014 301.836 7.673
202306 4.469 305.109 4.837
202309 4.603 307.789 4.938
202312 4.768 306.746 5.133
202403 5.078 312.332 5.369
202406 4.502 314.175 4.732
202409 4.761 315.301 4.986
202412 4.708 315.605 4.926
202503 5.961 319.799 6.155
202506 4.864 322.561 4.979
202509 5.486 324.800 5.577
202512 4.969 324.054 5.063
202603 6.657 330.213 6.657

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 PS Ratio of 3.21 mean?
Public Service Enterprise Group (FRA:PSE) has a Cyclically Adjusted PS Ratio of 3.21 as of Jul. 22, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Public Service Enterprise Group and its competitors. This is 19% above median its historical median of 2.70. Over the past decade, Public Service Enterprise Group's Cyclically Adjusted PS Ratio has ranged from 1.68 to 4.02. According to the industry distribution chart, Public Service Enterprise Group ranks #352 out of 442 companies in the Utilities - Regulated industry, placing it in the top 79.6%.
Is Public Service Enterprise Group's Cyclically Adjusted PS Ratio too high?
Public Service Enterprise Group's current Cyclically Adjusted PS Ratio of 3.21 is 19% above median its 10-year median of 2.70. Over the past 10 years, this metric has ranged from a low of 1.68 to a high of 4.02. The Utilities - Regulated industry median Cyclically Adjusted PS Ratio is 1.44. Public Service Enterprise Group's value of 3.21 is 122.9% above this industry median. Based on the distribution chart, Public Service Enterprise Group ranks #352 out of 442 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Public Service Enterprise Group has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Public Service Enterprise Group's Cyclically Adjusted PS Ratio compare to ED and WEC?
According to the Utilities - Regulated industry distribution chart, Public Service Enterprise Group ranks #352 out of 442 companies for Cyclically Adjusted PS Ratio. This places Public Service Enterprise Group in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.44. Public Service Enterprise Group's value of 3.21 is 122.9% above this benchmark. Historically, Public Service Enterprise Group's own Cyclically Adjusted PS Ratio has ranged from 1.68 to 4.02 over the past decade. While the company's 10-year median is 2.70 vs. the industry median of 1.44, 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 PS Ratio for an Utilities - Regulated company?
The median Cyclically Adjusted PS Ratio among Utilities - Regulated companies is 1.44, based on 442 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS 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 PS Ratio of 3.21 is 122.9% 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue 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 PS Ratio is 1.44 — 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 PS Ratio is 3.21, which is 19% above median its own 10-year median of 2.70. 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 €79.77, compared to a current price of €67.64 — trading 15.2% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.21, which is 19% above median its 10-year median of 2.70 and 122.9% above the Utilities - Regulated industry median of 1.44. Public Service Enterprise Group's overall GF Score™ is 76/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Public Service Enterprise Group (FRA:PSE), the current Cyclically Adjusted PS Ratio is 3.21 as of Jul. 22, 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 €67.64 is trading 15.2% below its estimated GF Value™ of €79.77. GuruFocus considers Public Service Enterprise Group to be Modestly Undervalued.

Key valuation signals for FRA:PSE:

  • Cyclically Adjusted PS Ratio: 3.21 (19% above median its 10-year median of 2.70)
  • GF Value™: €79.77 vs. price of €67.64 (15.2% below fair value)
  • GF Score™: 76/100 with 3 warning signs
  • Industry Position: 122.9% above the Utilities - Regulated median (#352 of 442)

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.
76GF Score

Get the complete analysis for FRA:PSE

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

€67.64
Price
€79.77
GF Value