Question 1

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

Accepted Answer

Public Service Enterprise Group (PEG) P/E ratio is 17.6× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month earnings (net income), using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/E ratio calculated?

Accepted Answer

P/E = Share Price ÷ Trailing Twelve-Month (TTM) Diluted EPS, or equivalently Market Capitalisation ÷ TTM Net Income. 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/E ratio?

Accepted Answer

The price-to-earnings (P/E) ratio, also called the earnings multiple, measures how much investors pay per dollar of a company's trailing twelve-month (TTM) earnings. It is calculated as share price ÷ TTM diluted EPS (equivalent to market capitalisation ÷ TTM net income). A higher P/E implies the market is pricing in stronger future earnings growth or lower risk; a lower P/E can signal slower expected growth, higher risk, or potential undervaluation.

Question 4

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

Accepted Answer

There is no universal "good" P/E. As a rule of thumb, the S&P 500 has historically averaged a P/E in the mid-to-high teens; mature, slow-growth businesses commonly trade in the 10–18× range, while high-growth or asset-light companies often trade at 25–50×+. What matters is the comparison to sector peers and to the company's own historical range. For Public Service Enterprise Group specifically, the relevant sector benchmark is the current sector median of 21.4×.

Question 5

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

Accepted Answer

Public Service Enterprise Group's P/E ratio of 17.6× is below its own 5-year average of 20.2× and below the sector median of 21.4×. That places the current reading at the 29th 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/E ratio range?

Accepted Answer

In the available daily series, Public Service Enterprise Group (PEG) P/E ratio has ranged from a low of 7.5× in 2003 to a high of 48.1× in 2017. The 5-year average is 20.2× and the 5-year median is 20.2×.

Question 7

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

Accepted Answer

Public Service Enterprise Group (PEG) P/E ratio at the end of 2025 was 19.0×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month earnings figure available at that date.

Question 8

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

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (earnings). 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	$2.11B	19.0×	-4.8×	Dec 31, 2025
2024	$42.1B	$1.77B	23.7×	+11.9×	Dec 31, 2024
2023	$30.5B	$2.56B	11.9×	-17.7×	Dec 31, 2023
2022	$30.5B	$1.03B	29.5×	—	Dec 31, 2022
2021	$33.6B	-$648M	—	—	Dec 31, 2021
2020	$29.4B	$1.91B	15.4×	-2.2×	Dec 31, 2020
2019	$29.8B	$1.69B	17.6×	-0.7×	Dec 31, 2019
2018	$26.2B	$1.44B	18.2×	+1.7×	Dec 31, 2018
2017	$26B	$1.57B	16.5×	-8.5×	Dec 31, 2017
2016	$22.2B	$887M	25.0×	+13.3×	Dec 31, 2016
2015	$19.5B	$1.68B	11.6×	-2.2×	Dec 31, 2015
2014	$21B	$1.52B	13.8×	+0.8×	Dec 31, 2014
2013	$16.2B	$1.24B	13.0×	+0.9×	Dec 31, 2013
2012	$15.5B	$1.28B	12.1×	+1.0×	Dec 31, 2012
2011	$16.7B	$1.5B	11.1×	+0.8×	Dec 31, 2011
2010	$16.1B	$1.56B	10.3×	-0.3×	Dec 31, 2010
2009	$16.8B	$1.59B	10.6×	-1.8×	Dec 31, 2009
2008	$14.8B	$1.19B	12.4×	-6.3×	Dec 31, 2008
2007	$25B	$1.34B	18.7×	-4.0×	Dec 31, 2007
2006	$16.7B	$739M	22.7×	-1.4×	Dec 31, 2006
2005	$15.9B	$661M	24.1×	+7.1×	Dec 31, 2005
2004	$12.3B	$726M	17.0×	+8.1×	Dec 31, 2004
2003	$10.3B	$1.16B	8.9×	-11.0×	Dec 31, 2003
2002	$7.25B	$365M	19.9×	—	Dec 31, 2002


MDU Resources Group (MDU)	22.5×
American States Water (AWR)	22.1×
Middlesex Water (MSEX)	21.8×
Evergy (EVRG)	21.4×
H2O America (HTO)	21.2×
CMS Energy (CMS)	21.1×
Essential Utilities (WTRG)	20.5×
Ameren (AEE)	19.9×
Duke Energy (DUK)	19.8×
MGE Energy (MGEE)	19.8×
American Electric Power Company (AEP)	19.4×
Consolidated Edison (ED)	19.1×
Pinnacle West Capital (PNW)	18.7×
Dominion Energy (D)	18.3×
Black Hills (BKH)	18.2×
Exelon (EXC)	18.1×
Northwest Natural Holding (NWN)	17.7×
New Jersey Resources (NJR)	16.2×
Avista (AVA)	16.0×
Eversource Energy (ES)	14.9×
Artesian Resources (ARTNA)	14.1×
PG&E (PCG)	13.1×
UGI (UGI)	12.2×
Edison International (EIX)	7.6×
AES (AES)	7.5×

P/E Ratio for Public Service Enterprise Group (PEG) 2002-2026

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

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

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

Public Service Enterprise Group P/E Ratio by Year

Public Service Enterprise Group P/E Ratio 2025: 19.0×

Public Service Enterprise Group P/E Ratio 2024: 23.7×

Public Service Enterprise Group P/E Ratio 2023: 11.9×

Public Service Enterprise Group P/E Ratio 2022: 29.5×

Public Service Enterprise Group P/E Ratio 2020: 15.4×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

Public Service Enterprise Group (PEG) Key Financials