Question 1

What is Public Service Enterprise Group's P/FCF ratio?

Accepted Answer

Public Service Enterprise Group (PEG) P/FCF ratio is 146.0× as of May 4, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month free cash flow, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/FCF ratio calculated?

Accepted Answer

P/FCF = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Free Cash Flow, where Free Cash Flow = Operating Cash Flow − Capital Expenditures. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/FCF ratio?

Accepted Answer

The price-to-free-cash-flow (P/FCF) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) free cash flow. It is calculated as market cap ÷ TTM free cash flow, where free cash flow = operating cash flow − capital expenditures. Because FCF cannot be inflated by non-cash accounting items, P/FCF is often considered a cleaner measure of "earnings-power valuation" than P/E — especially for capital-intensive businesses where depreciation diverges from real cash outflows.

Question 4

What is a good P/FCF ratio for Public Service Enterprise Group?

Accepted Answer

Mature companies that consistently convert profit into cash often trade at 15–25× P/FCF; capital-intensive businesses with lumpy capex typically trade lower. Compare against sector peers and against the company's own multi-year average — single-year P/FCF can be distorted by working-capital swings. For Public Service Enterprise Group specifically, the relevant sector benchmark is the current sector median of 45.4×.

Question 5

Is Public Service Enterprise Group's P/FCF ratio high or low?

Accepted Answer

Public Service Enterprise Group's P/FCF ratio of 146.0× is below its own 5-year average of 175.6× and above the sector median of 45.4×. That places the current reading at the 61th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Public Service Enterprise Group's historical P/FCF ratio range?

Accepted Answer

In the available daily series, Public Service Enterprise Group (PEG) P/FCF ratio has ranged from a low of 11.3× in 2011 to a high of 4023.5× in 2010. The 5-year average is 175.6× and the 5-year median is 63.3×.

Question 7

What was Public Service Enterprise Group's P/FCF ratio in 2025?

Accepted Answer

Public Service Enterprise Group (PEG) P/FCF ratio at the end of 2025 was 145.2×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month free cash flow figure available at that date.

Question 8

Why does Public Service Enterprise Group's P/FCF ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (free cash flow). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$40.1B	$276M	145.2×	—	Dec 31, 2025
2024	$42.1B	-$1.25B	—	—	Dec 31, 2024
2023	$30.5B	$481M	63.3×	—	Dec 31, 2023
2022	$30.5B	-$1.39B	—	—	Dec 31, 2022
2021	$33.6B	-$998M	—	—	Dec 31, 2021
2020	$29.4B	$68M	432.1×	+173.3×	Dec 31, 2020
2019	$29.8B	$115M	258.8×	—	Dec 31, 2019
2018	$26.2B	-$1.15B	—	—	Dec 31, 2018
2017	$26B	-$1.05B	—	—	Dec 31, 2017
2016	$22.2B	-$1.06B	—	—	Dec 31, 2016
2015	$19.5B	$56M	348.9×	+287.3×	Dec 31, 2015
2014	$21B	$340M	61.6×	+14.9×	Dec 31, 2014
2013	$16.2B	$347M	46.7×	-26.0×	Dec 31, 2013
2012	$15.5B	$213M	72.7×	+61.4×	Dec 31, 2012
2011	$16.7B	$1.47B	11.3×	-4012.1×	Dec 31, 2011
2010	$16.1B	$4M	4023.5×	+3747.7×	Dec 31, 2010
2009	$16.8B	$61M	275.8×	+250.1×	Dec 31, 2009
2008	$14.8B	$574M	25.7×	-18.1×	Dec 31, 2008
2007	$25B	$570M	43.8×	+25.5×	Dec 31, 2007
2006	$16.7B	$914M	18.3×	—	Dec 31, 2006
2005	$15.9B	-$88M	—	—	Dec 31, 2005
2004	$12.3B	$355M	34.8×	-119.3×	Dec 31, 2004
2003	$10.3B	$67M	154.1×	—	Dec 31, 2003
2002	$7.25B	-$286M	—	—	Dec 31, 2002


Eversource Energy (ES)	110.1×
Constellation Energy (CEG)	86.9×
NextEra Energy (NEE)	82.1×
American States Water (AWR)	77.8×
Middlesex Water (MSEX)	63.1×
Vistra (VST)	45.4×
UGI (UGI)	32.9×
FirstEnergy (FE)	16.3×
Duke Energy (DUK)	15.4×
Consolidated Edison (ED)	14.6×
American Electric Power Company (AEP)	9.3×

P/FCF Ratio for Public Service Enterprise Group (PEG) 2003-2026

P/FCF Ratio daily chart for Public Service Enterprise Group (PEG)

Historical P/FCF Ratio for Public Service Enterprise Group (PEG) from 2002 to 2025

About P/FCF Ratio at Public Service Enterprise Group (PEG)

Public Service Enterprise Group P/FCF Ratio by Year

Public Service Enterprise Group P/FCF Ratio 2025: 145.2×

Public Service Enterprise Group P/FCF Ratio 2023: 63.3×

Public Service Enterprise Group P/FCF Ratio 2020: 432.1×

Public Service Enterprise Group P/FCF Ratio 2019: 258.8×

Public Service Enterprise Group P/FCF Ratio 2015: 348.9×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

Public Service Enterprise Group (PEG) Key Financials