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Public Service Enterprise Group (LTS:0KS2) Shiller PE Ratio : 22.74 (As of May. 20, 2024)


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What is Public Service Enterprise Group Shiller PE Ratio?

As of today (2024-05-20), Public Service Enterprise Group's current share price is $74.36. Public Service Enterprise Group's E10 for the quarter that ended in Mar. 2024 was $3.27. Public Service Enterprise Group's Shiller PE Ratio for today is 22.74.

The historical rank and industry rank for Public Service Enterprise Group's Shiller PE Ratio or its related term are showing as below:

LTS:0KS2' s Shiller PE Ratio Range Over the Past 10 Years
Min: 12.32   Med: 17.15   Max: 26.29
Current: 22.82

During the past years, Public Service Enterprise Group's highest Shiller PE Ratio was 26.29. The lowest was 12.32. And the median was 17.15.

LTS:0KS2's Shiller PE Ratio is ranked worse than
71.98% of 389 companies
in the Utilities - Regulated industry
Industry Median: 16.21 vs LTS:0KS2: 22.82

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio 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. 2024 was $1.060. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $3.27 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Public Service Enterprise Group Shiller PE Ratio Historical Data

The historical data trend for Public Service Enterprise Group's Shiller PE Ratio 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 Shiller PE Ratio Chart

Public Service Enterprise Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.25 18.69 23.46 21.06 19.10

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
Shiller PE Ratio 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 19.92 19.56 18.04 19.10 20.45

Competitive Comparison of Public Service Enterprise Group's Shiller PE Ratio

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's Shiller PE Ratio Distribution in the 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.



Public Service Enterprise Group Shiller PE Ratio Calculation

For Shiller PE Ratio, 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 PE Ratio is also called PE10.

The Shiller PE Ratio 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 PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=74.36/3.27
=22.74

* 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's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Public Service Enterprise Group's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.06/131.7762*131.7762
=1.060

Current CPI (Mar. 2024) = 131.7762.

Public Service Enterprise Group Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.420 100.560 0.550
201409 0.870 100.428 1.142
201412 0.940 99.070 1.250
201503 1.150 99.621 1.521
201506 0.680 100.684 0.890
201509 0.870 100.392 1.142
201512 0.600 99.792 0.792
201603 0.930 100.470 1.220
201606 0.370 101.688 0.479
201609 0.640 101.861 0.828
201612 -0.194 101.863 -0.251
201703 0.220 102.862 0.282
201706 0.220 103.349 0.281
201709 0.780 104.136 0.987
201712 1.880 104.011 2.382
201803 1.100 105.290 1.377
201806 0.530 106.317 0.657
201809 0.810 106.507 1.002
201812 0.390 105.998 0.485
201903 1.380 107.251 1.696
201906 0.300 108.070 0.366
201909 0.790 108.329 0.961
201912 0.860 108.420 1.045
202003 0.880 108.902 1.065
202006 0.890 108.767 1.078
202009 1.140 109.815 1.368
202012 0.850 109.897 1.019
202103 1.280 111.754 1.509
202106 -0.350 114.631 -0.402
202109 -3.100 115.734 -3.530
202112 0.880 117.630 0.986
202203 -0.004 121.301 -0.004
202206 0.260 125.017 0.274
202209 0.220 125.227 0.232
202212 1.576 125.222 1.658
202303 2.580 127.348 2.670
202306 1.180 128.729 1.208
202309 0.270 129.860 0.274
202312 1.092 129.419 1.112
202403 1.060 131.776 1.060

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


Public Service Enterprise Group  (LTS:0KS2) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Public Service Enterprise Group Shiller PE Ratio Related Terms

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Public Service Enterprise Group (LTS:0KS2) 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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