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Public Service Enterprise Group (BSP:P1EG34) Cyclically Adjusted Price-to-FCF : (As of Jun. 02, 2024)


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What is Public Service Enterprise Group Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Public Service Enterprise Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Public Service Enterprise Group's Cyclically Adjusted Price-to-FCF 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.

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Public Service Enterprise Group Cyclically Adjusted Price-to-FCF Chart

Public Service Enterprise Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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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
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Competitive Comparison of Public Service Enterprise Group's Cyclically Adjusted Price-to-FCF

For the Utilities - Regulated Electric subindustry, Public Service Enterprise Group's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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 Cyclically Adjusted Price-to-FCF Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where Public Service Enterprise Group's Cyclically Adjusted Price-to-FCF falls into.



Public Service Enterprise Group Cyclically Adjusted Price-to-FCF Calculation

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

Public Service Enterprise Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Public Service Enterprise Group's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-1.355/131.7762*131.7762
=-1.355

Current CPI (Mar. 2024) = 131.7762.

Public Service Enterprise Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -1.268 100.560 -1.662
201409 1.821 100.428 2.389
201412 -1.939 99.070 -2.579
201503 5.763 99.621 7.623
201506 -2.701 100.684 -3.535
201509 -0.346 100.392 -0.454
201512 -3.789 99.792 -5.003
201603 0.968 100.470 1.270
201606 -2.817 101.688 -3.651
201609 -0.102 101.861 -0.132
201612 -4.516 101.863 -5.842
201703 0.739 102.862 0.947
201706 -2.437 103.349 -3.107
201709 -0.914 104.136 -1.157
201712 -4.185 104.011 -5.302
201803 0.453 105.290 0.567
201806 -3.615 106.317 -4.481
201809 -1.872 106.507 -2.316
201812 -3.814 105.998 -4.742
201903 3.045 107.251 3.741
201906 -1.605 108.070 -1.957
201909 0.504 108.329 0.613
201912 -1.117 108.420 -1.358
202003 3.894 108.902 4.712
202006 -2.088 108.767 -2.530
202009 1.395 109.815 1.674
202012 -2.669 109.897 -3.200
202103 4.379 111.754 5.164
202106 -6.465 114.631 -7.432
202109 -6.431 115.734 -7.322
202112 -1.290 117.630 -1.445
202203 -2.126 121.301 -2.310
202206 -7.279 125.017 -7.673
202209 -4.740 125.227 -4.988
202212 0.021 125.222 0.022
202303 11.438 127.348 11.836
202306 -1.291 128.729 -1.322
202309 -2.262 129.860 -2.295
202312 -2.494 129.419 -2.539
202403 -1.355 131.776 -1.355

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF 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.


Public Service Enterprise Group  (BSP:P1EG34) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow 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 Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Public Service Enterprise Group Cyclically Adjusted Price-to-FCF Related Terms

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Public Service Enterprise Group (BSP:P1EG34) 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.

Public Service Enterprise Group (BSP:P1EG34) Headlines

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