Public Service Enterprise Group (FRA:PSE) E10: €2.97 (As of Mar. 2026)


FRA:PSE Public Service Enterprise Group Inc FRA:PSE
69 GF Score
Price €71.64
GF Value €78.22
Valuation Fairly Valued
! 3 Warning Signs
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What is Public Service Enterprise Group E10?

Public Service Enterprise Group FRA:PSE 69 E10 is €2.97 as of Mar. 2026. GuruFocus rates FRA:PSE with a GF Score™ of 69/100 and a GF Value™ of €78.22 (Fairly Valued). The stock has 3 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Public Service Enterprise Group's adjusted earnings per share data for the three months ended in Mar. 2026 was €1.280. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €2.97 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Public Service Enterprise Group's average E10 Growth Rate was 4.00% per year. During the past 3 years, the average E10 Growth Rate was 4.40% per year. During the past 5 years, the average E10 Growth Rate was 2.30% per year. During the past 10 years, the average E10 Growth Rate was 1.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Public Service Enterprise Group was 12.30% per year. The lowest was -4.70% per year. And the median was 3.40% per year.

As of today (2026-06-27), Public Service Enterprise Group's current stock price is €71.64. Public Service Enterprise Group's E10 for the quarter that ended in Mar. 2026 was €2.97. Public Service Enterprise Group's Shiller PE Ratio of today is 24.12.

During the past 13 years, the highest Shiller PE Ratio of Public Service Enterprise Group was 28.40. The lowest was 12.32. And the median was 19.45.


Public Service Enterprise Group  (FRA:PSE) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Public Service Enterprise Group's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=71.64/2.97
=24.12

* 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.

During the past 13 years, the highest Shiller P/E Ratio of Public Service Enterprise Group was 28.40. The lowest was 12.32. And the median was 19.45.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Public Service Enterprise Group E10 Related Terms


Public Service Enterprise Group E10 Historical Data

* Premium members only.

The historical data trend for Public Service Enterprise Group's E10 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 E10 Chart

Public Service Enterprise Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.47 2.73 2.88 3.13 2.82

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
E10 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 2.95 2.79 2.82 2.82 2.97

FRA:PSE vs ED, WEC, PCG: E10 Comparison

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

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

* The bar in red indicates where Public Service Enterprise Group's Shiller PE Ratio falls into.


FRA:PSE
69GF Score
Public Service Enterprise Group Inc FRA:PSE
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Public Service Enterprise Group E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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.

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

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=1.28/330.2130*330.2130
=1.280

Current CPI (Mar. 2026) = 330.2130.

Public Service Enterprise Group Quarterly Data

per share eps CPI Adj_EPS
201606 0.329 241.018 0.451
201609 0.570 241.428 0.780
201612 -0.184 241.432 -0.252
201703 0.206 243.801 0.279
201706 0.196 244.955 0.264
201709 0.654 246.819 0.875
201712 1.589 246.524 2.128
201803 0.892 249.554 1.180
201806 0.454 251.989 0.595
201809 0.694 252.439 0.908
201812 0.343 251.233 0.451
201903 1.221 254.202 1.586
201906 0.266 256.143 0.343
201909 0.717 256.759 0.922
201912 0.774 256.974 0.995
202003 0.796 258.115 1.018
202006 0.790 257.797 1.012
202009 0.968 260.280 1.228
202012 0.699 260.474 0.886
202103 1.075 264.877 1.340
202106 -0.291 271.696 -0.354
202109 -2.635 274.310 -3.172
202112 0.779 278.802 0.923
202203 -0.004 287.504 -0.005
202206 0.246 296.311 0.274
202209 0.222 296.808 0.247
202212 1.488 296.797 1.656
202303 2.410 301.836 2.637
202306 1.089 305.109 1.179
202309 0.253 307.789 0.271
202312 1.001 306.746 1.078
202403 0.975 312.332 1.031
202406 0.808 314.175 0.849
202409 0.937 315.301 0.981
202412 0.544 315.605 0.569
202503 1.091 319.799 1.127
202506 1.014 322.561 1.038
202509 1.056 324.800 1.074
202512 0.537 324.054 0.547
202603 1.280 330.213 1.280

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of €2.97 mean?
Public Service Enterprise Group (FRA:PSE) has a E10 of €2.97 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Public Service Enterprise Group and its competitors.
Is Public Service Enterprise Group's E10 too high?
Public Service Enterprise Group's current E10 is €2.97. Overall, Public Service Enterprise Group has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Public Service Enterprise Group's E10 compare to ED and WEC?
Public Service Enterprise Group's E10 of €2.97 can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for an Utilities - Regulated company?
A good E10 depends on the Utilities - Regulated industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Public Service Enterprise Group and its competitors. Public Service Enterprise Group's current E10 is €2.97. 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 Fairly Valued. The stock's GF Value™ is €78.22, compared to a current price of €71.64 — trading 8.4% below its estimated fair value. The current E10 is €2.97. Public Service Enterprise Group's overall GF Score™ is 69/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Public Service Enterprise Group (FRA:PSE), the current E10 is €2.97 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 (FRA:PSE) Overvalued in 2026?

Based on GuruFocus' analysis, Public Service Enterprise Group stock appears to be undervalued. The current stock price of €71.64 is trading 8.4% below its estimated GF Value™ of €78.22. GuruFocus considers Public Service Enterprise Group to be Fairly Valued.

Key valuation signals for FRA:PSE:

  • E10: €2.97
  • GF Value™: €78.22 vs. price of €71.64 (8.4% below fair value)
  • GF Score™: 69/100 with 3 warning signs

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.
69GF Score

Get the complete analysis for FRA:PSE

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€71.64
Price
€78.22
GF Value