PSEG
PEG
#463
Rank
$43.81 B
Marketcap
$87.95
Share price
1.09%
Change (1 day)
39.05%
Change (1 year)
The Public Service Enterprise Group (PSEG) is an American energy company. The company is servicing 1.8 million gas customers and 2.2 million electric customers.

P/E ratio for PSEG (PEG)

P/E ratio as of November 2024 (TTM): 15.5

According to PSEG's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.4804. 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
202229.7-156.89%
2021-52.1-437.12%
202015.5-12.27%
201917.6-3.82%
201818.310.68%
201716.6-33.63%
201625.0114.11%
201511.7-15.5%
201413.85.84%
201313.07.14%
201212.29.06%
201111.28.35%
201010.3-2.21%
200910.5-15.57%
200812.5-33.26%
200718.7-17.28%
200622.6-3.74%
200523.538.64%
200416.996.61%
20038.61-69.71%
200228.481.46%
200115.7

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
17.8 14.82%๐Ÿ‡บ๐Ÿ‡ธ USA
44.9 189.84%๐Ÿ‡บ๐Ÿ‡ธ USA
13.7-11.73%๐Ÿ‡บ๐Ÿ‡ธ USA
77.9 403.50%๐Ÿ‡บ๐Ÿ‡ธ USA
21.8 40.87%๐Ÿ‡บ๐Ÿ‡ธ USA
31.2 101.65%๐Ÿ‡บ๐Ÿ‡ธ USA
29.9 93.27%๐Ÿ‡บ๐Ÿ‡ธ USA
-11.9-176.88%๐Ÿ‡บ๐Ÿ‡ธ USA
20.9 35.10%๐Ÿ‡บ๐Ÿ‡ธ USA
21.8 40.97%๐Ÿ‡บ๐Ÿ‡ธ 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.