P/E ratio for PSEG (PEG)
P/E ratio as of April 2025 (TTM): 14.8
According to PSEG's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.8327. At the end of 2022 the company had a P/E ratio of 29.7.
P/E ratio history for PSEG from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 29.7 | -156.89% |
| 2021 | -52.1 | -437.12% |
| 2020 | 15.5 | -12.27% |
| 2019 | 17.6 | -3.82% |
| 2018 | 18.3 | 10.68% |
| 2017 | 16.6 | -33.63% |
| 2016 | 25.0 | 114.11% |
| 2015 | 11.7 | -15.5% |
| 2014 | 13.8 | 5.84% |
| 2013 | 13.0 | 7.14% |
| 2012 | 12.2 | 9.06% |
| 2011 | 11.2 | 8.35% |
| 2010 | 10.3 | -2.21% |
| 2009 | 10.5 | -15.57% |
| 2008 | 12.5 | -33.26% |
| 2007 | 18.7 | -17.28% |
| 2006 | 22.6 | -3.74% |
| 2005 | 23.5 | 38.64% |
| 2004 | 16.9 | 96.61% |
| 2003 | 8.61 | -69.71% |
| 2002 | 28.4 | 81.46% |
| 2001 | 15.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 | 22.0 | 48.57% | 🇺🇸 USA |
 | 46.2 | 211.31% | 🇺🇸 USA |
 | 16.1 | 8.43% | 🇺🇸 USA |
 | 85.8 | 478.28% | 🇺🇸 USA |
 | 22.2 | 49.62% | 🇺🇸 USA |
 | 33.0 | 122.65% | 🇺🇸 USA |
 | 32.2 | 116.95% | 🇺🇸 USA |
 | -12.7 | -185.68% | 🇺🇸 USA |
 | 23.0 | 55.03% | 🇺🇸 USA |
 | 21.7 | 46.62% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.