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Public Service Enterprise Group (FRA:PSE) Market Cap : €32,143 Mil (As of May. 02, 2024)


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What is Public Service Enterprise Group Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Public Service Enterprise Group's share price for the quarter that ended in Mar. 2024 was €61.5. Public Service Enterprise Group's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 500 Mil. Therefore, Public Service Enterprise Group's market cap for the quarter that ended in Mar. 2024 was €30,725 Mil.

Public Service Enterprise Group's quarterly market cap increased from Sep. 2023 (€26,892 Mil) to Dec. 2023 (€27,390 Mil) and increased from Dec. 2023 (€27,390 Mil) to Mar. 2024 (€30,725 Mil).

Public Service Enterprise Group's annual market cap declined from Dec. 2021 (€29,232 Mil) to Dec. 2022 (€28,578 Mil) and declined from Dec. 2022 (€28,578 Mil) to Dec. 2023 (€27,390 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Public Service Enterprise Group's Enterprise Value for Today is €51,137 Mil.


Public Service Enterprise Group Market Cap Historical Data

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

Public Service Enterprise Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26,208.00 23,284.80 29,232.00 28,577.50 27,390.00

Public Service Enterprise Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Market Cap 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 28,080.50 28,080.50 26,892.00 27,390.00 30,724.60

Competitive Comparison of Public Service Enterprise Group's Market Cap

For the Utilities - Regulated Electric subindustry, Public Service Enterprise Group's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where Public Service Enterprise Group's Market Cap falls into.



Public Service Enterprise Group Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Public Service Enterprise Group's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=€55*498
=€27,390

Public Service Enterprise Group's Market Cap for the quarter that ended in Mar. 2024 is calculated as

Market Cap (Q: Mar. 2024 )=Share Price (Q: Mar. 2024 )*Shares Outstanding (EOP) (Q: Mar. 2024 )
=€61.5*499.587
=€30,725

* 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  (FRA:PSE) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Public Service Enterprise Group Market Cap Related Terms

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Public Service Enterprise Group (FRA:PSE) 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 other nonregulated businesses such as nuclear power generation and clean energy projects. PSE&G provides regulated gas and electricity delivery services in New Jersey to a combined 4.2 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.

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