Public Service Enterprise Group's quarterly market cap
declined
from Jun. 2023 ($31,117 Mil) to Sep. 2023 ($28,341 Mil) but then
increased
from Sep. 2023 ($28,341 Mil) to Dec. 2023 ($30,453 Mil).
Public Service Enterprise Group's annual market cap
declined
from Dec. 2021 ($33,632 Mil) to Dec. 2022 ($30,451 Mil) but then
increased
from Dec. 2022 ($30,451 Mil) to Dec. 2023 ($30,453 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 $53,872 Mil.
Public Service Enterprise Group Market Cap 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.
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.
* 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 (NYSE:PEG) 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 companys 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
Thank you for viewing the detailed overview of Public Service Enterprise Group's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Public Service Enterprise Group (Public Service Enterprise Group) Business Description
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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