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Public Service Enterprise GroupPEG -1.12%75 Debt-to-Equity is 1.41 as of Mar. 2026, which is 28% above its 10-year median of 1.10. GuruFocus rates PEG with a GF Score™ of 75/100 and a GF Value™ of $90.85 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 472 Utilities - Regulated companies, Public Service Enterprise Group ranks worse than 66.1% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Public Service Enterprise Group's Debt-to-Equity or its related term are showing as below:
PEG'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 1.1 Max: 1.58
Current: 1.41
During the past 13 years, the highest Debt-to-Equity Ratio of Public Service Enterprise Group was 1.58. The lowest was 0.01. And the median was 1.10.
PEG's Debt-to-Equity is ranked worse than 66.1% of 472
companies
in the Utilities - Regulated industry
Industry Median: 0.975
vs PEG: 1.41
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Public Service Enterprise Group Debt-to-Equity Related Terms
Public Service Enterprise Group Debt-to-Equity Historical Data
* 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 Debt-to-Equity Chart
For the Utilities - Regulated Electric subindustry, Public Service Enterprise Group's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Public Service Enterprise Group's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Public Service Enterprise Group's Debt-to-Equity falls into.
* 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 (PEG) has a Debt-to-Equity of 1.41 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Public Service Enterprise Group and its competitors. This is 28% above median its historical median of 1.10. Over the past decade, Public Service Enterprise Group's Debt-to-Equity has ranged from 0.01 to 1.58. According to the industry distribution chart, Public Service Enterprise Group ranks #312 out of 472 companies in the Utilities - Regulated industry, placing it in the top 66.1%.
Is Public Service Enterprise Group's Debt-to-Equity too high?
Public Service Enterprise Group's current Debt-to-Equity of 1.41 is 28% above median its 10-year median of 1.10. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 1.58. The Utilities - Regulated industry median Debt-to-Equity is 0.98. Public Service Enterprise Group's value of 1.41 is 44.6% above this industry median. Based on the distribution chart, Public Service Enterprise Group ranks #312 out of 472 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Public Service Enterprise Group has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Public Service Enterprise Group's Debt-to-Equity compare to ED and WEC?
According to the Utilities - Regulated industry distribution chart, Public Service Enterprise Group ranks #312 out of 472 companies for Debt-to-Equity. This places Public Service Enterprise Group in the lower half of its industry. The industry median Debt-to-Equity is 0.98. Public Service Enterprise Group's value of 1.41 is 44.6% above this benchmark. Historically, Public Service Enterprise Group's own Debt-to-Equity has ranged from 0.01 to 1.58 over the past decade. While the company's 10-year median is 1.10 vs. the industry median of 0.98, 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 Debt-to-Equity for an Utilities - Regulated company?
The median Debt-to-Equity among Utilities - Regulated companies is 0.98, based on 472 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Public Service Enterprise Group's current Debt-to-Equity of 1.41 is 44.6% 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 Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Public Service Enterprise Group and its competitors. For the Utilities - Regulated industry, the median Debt-to-Equity is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Public Service Enterprise Group's current Debt-to-Equity is 1.41, which is 28% above median its own 10-year median of 1.10. 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 (PEG) is currently considered Modestly Undervalued. The stock's GF Value™ is $90.85, compared to a current price of $76.68 — trading 15.6% below its estimated fair value. The current Debt-to-Equity is 1.41, which is 28% above median its 10-year median of 1.10 and 44.6% above the Utilities - Regulated industry median of 0.98. Public Service Enterprise Group's overall GF Score™ is 75/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Public Service Enterprise Group (PEG), the current Debt-to-Equity is 1.41 as of Mar. 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 (PEG) Overvalued in 2026?
Based on GuruFocus' analysis, Public Service Enterprise Group stock appears to be undervalued.
The current stock price of $76.68 is trading 15.6% below its estimated GF Value™ of $90.85.
GuruFocus considers Public Service Enterprise Group to be Modestly Undervalued.
Key valuation signals for PEG:
Debt-to-Equity: 1.41 (28% above median its 10-year median of 1.10)
GF Value™: $90.85 vs. price of $76.68 (15.6% below fair value)
Industry Position: 44.6% above the Utilities - Regulated median (#312 of 472)
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 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.
75GF Score
Get the complete analysis for PEG
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