P/E ratio for PSEG (PEG)
P/E ratio as of April 2024 (TTM): 12.1
According to PSEG's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.0854. 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 |
|---|---|---|---|
 Ameren
AEE | 17.2 | 42.21% | 🇺🇸 USA |
 Consolidated Edison ED | 13.3 | 10.38% | 🇺🇸 USA |
 Exelon Corporation EXC | 17.4 | 43.95% | 🇺🇸 USA |
 FirstEnergy FE | 41.9 | 246.66% | 🇺🇸 USA |
 NRG Energy
NRG | -9.48 | -178.46% | 🇺🇸 USA |
 Southern Company SO | 26.3 | 117.96% | 🇺🇸 USA |
 Duke Energy DUK | 68.8 | 469.39% | 🇺🇸 USA |
 PPL PPL | 24.4 | 101.76% | 🇺🇸 USA |
 Xcel Energy XEL | 17.1 | 41.24% | 🇺🇸 USA |
 Unitil Corporation
UTL | 18.5 | 53.08% | 🇺🇸 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.