The current price-to-earnings ratio for Public Service Enterprise Group stock as of May 7, 2024 is 19.83. This is calculated based on the current EPS of $3.63 and the stock price of $71.98 per share. The PE ratio has increased by 54% from the past four quarters average of 12.9.
The average historical PE ratio of Public Service Enterprise Group for the last ten years is 18.89. The current P/E ratio of 19.83 is 5% higher than the historical average. In the past ten years, PEG's PE ratio peaked in the Jun 2017 quarter at 47.26, when the stock price was $43.01 and the EPS was $0.91. The lowest point was in the Sep 2023 quarter, when it reached 10.09 with a price of $56.91 and an EPS of $5.64.
Maximum annual increase: 113.99% in 2016
Maximum annual decrease: -59.9% in 2023
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 11.87 | -59.9% |
| 2022 | 29.6 | N/A |
| 2021 | N/A | N/A |
| 2020 | 15.42 | -12.54% |
| 2019 | 17.63 | -3.45% |
| 2018 | 18.26 | 10.6% |
| 2017 | 16.51 | -33.77% |
| 2016 | 24.93 | 113.99% |
| 2015 | 11.65 | -15.58% |
| 2014 | 13.8 | 5.99% |
PEG's current P/E ratio is above the 3, 5 and 10-year averages.
In comparison to its peers DUK and FE, PEG's PE ratio is lower, but it is higher than EXC's and ED's. Public Service Enterprise Group's PE ratio is trading below the peer group average of 20.56.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NRG Nrg Energy Inc | 10.4 | $15.3B |
| EXC Exelon Corp | 16.34 | $37.91B |
| XEL Xcel Energy Inc | 16.52 | $30.57B |
| AEE Ameren Corp | 17.06 | $19.83B |
| UTL Unitil Corp | 17.85 | $865.98M |
| ED Consolidated Edison Inc | 18.61 | $33.72B |
| SO Southern Co | 19.83 | $84.14B |
| PEG Public Service Enterprise Group Inc | 19.83 | $35.85B |
| FE Firstenergy Corp | 21.27 | $22.65B |
| DUK Duke Energy CORP | 25.69 | $78.92B |
| PPL PPL Corp | 27.52 | $20.91B |
PEG stock has a price to earnings ratio of 19.83 as of May 7, 2024.
The average PE ratio for PEG stock over the past 3 years is 19.49.
The average PE ratio for PEG stock over the past 5 years is 18.11.
The highest quarterly PE ratio in the last ten years has been 47.26 and it was in the Jun 2017 quarter.
The current price to earnings ratio of PEG is 5% higher than the 10-year historical average.
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (May 7, 2024), Public Service Enterprise Group's stock price is $71.98. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $3.63. Therefore, Public Service Enterprise Group's PE ratio for today is 19.83. PE RATIO(19.83) = STOCK PRICE($71.98) / TTM EPS($3.63)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.