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Public Service Enterprise Group - Stock

Public Service Enterprise Group P/E 2024

Public Service Enterprise Group P/E

20.17

Ticker

PEG

ISIN

US7445731067

WKN

852070

As of Jul 1, 2024, Public Service Enterprise Group's P/E ratio was 20.17, a 72.54% change from the 11.69 P/E ratio recorded in the previous year.

The Public Service Enterprise Group P/E history

Public Service Enterprise Group Aktienanalyse

What does Public Service Enterprise Group do?

Public Service Enterprise Group Inc. (PSEG) is a US energy company based in Newark, New Jersey. It was founded in 1903 and is now one of the largest energy companies in the US. PSEG operates various business sectors focusing on energy generation, transmission, and distribution. History PSEG was originally established as the Public Service Corporation of New Jersey to improve the supply of gas and electricity in New Jersey. Over the years, the company has expanded its business to include energy generation, power transmission and distribution, as well as energy efficiency and renewable energy. Today, the company serves approximately 2.5 million customers in New Jersey, Pennsylvania, and New York. Business Model PSEG's business model is focused on providing customers with the energy they need while minimizing environmental impact. PSEG is committed to creating a sustainable energy future by reducing energy consumption, promoting renewable energy, and advocating for environmental issues. The company has also pledged to reduce coal usage as an energy source by 80% by 2030. Divisions PSEG operates various business divisions that concentrate on energy generation, transmission, and distribution. Energy Generation: PSEG owns and operates numerous power generation facilities, including nuclear power plants, fossil fuel power plants, and solar power plants. Power Transmission and Distribution: PSEG also operates a power grid that delivers the energy generated by power plants to customers. This division encompasses both long-distance energy transmission and energy distribution to homes and businesses. Energy Efficiency: PSEG also offers energy efficiency services to help customers reduce their energy consumption and save costs. Renewable Energy: The company has launched several initiatives to promote the use of renewable energy in the region, including solar power plants and wind farms. Products PSEG offers a wide range of products and services tailored to the needs of its customers, including: Energy Supply: PSEG supplies energy to households, businesses, and public facilities in New Jersey, Pennsylvania, and New York. Heating and Cooling: PSEG provides heating and cooling services to assist customers in regulating temperatures in their homes and businesses. Energy Efficiency: PSEG offers services to increase energy efficiency, helping customers lower their energy costs and improve their environmental footprint. Renewable Energy: PSEG offers a variety of products and services in the field of renewable energy, including solar power plants and wind farms. Summary Public Service Enterprise Group Inc. is a US energy company focusing on energy generation, transmission, and distribution. The company is committed to creating a sustainable energy future by reducing energy consumption, promoting renewable energy, and advocating for environmental issues. PSEG operates various business divisions such as energy generation, power transmission and distribution, energy efficiency, and renewable energy. The company offers a wide range of products and services aimed at reducing energy consumption and minimizing environmental impact. Public Service Enterprise Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Public Service Enterprise Group's P/E Ratio

The Price to Earnings (P/E) Ratio of Public Service Enterprise Group is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Public Service Enterprise Group's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Public Service Enterprise Group is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Public Service Enterprise Group’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Public Service Enterprise Group Stock

What is the price-to-earnings ratio of Public Service Enterprise Group?

The price-earnings ratio of Public Service Enterprise Group is currently 20.17.

How has the price-earnings ratio of Public Service Enterprise Group changed compared to last year?

The price-to-earnings ratio of Public Service Enterprise Group has increased by 72.54% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Public Service Enterprise Group high compared to other companies?

Yes, the price-to-earnings ratio of Public Service Enterprise Group is high compared to other companies.

How does an increase in the price-earnings ratio of Public Service Enterprise Group affect the company?

An increase in the price-earnings ratio of Public Service Enterprise Group would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Public Service Enterprise Group affect the company?

A decrease in the price-earnings ratio of Public Service Enterprise Group would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Public Service Enterprise Group?

Some factors that influence the price-earnings ratio of Public Service Enterprise Group are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Public Service Enterprise Group pay?

Over the past 12 months, Public Service Enterprise Group paid a dividend of 2.28 USD . This corresponds to a dividend yield of about 3.09 %. For the coming 12 months, Public Service Enterprise Group is expected to pay a dividend of 2.31 USD.

What is the dividend yield of Public Service Enterprise Group?

The current dividend yield of Public Service Enterprise Group is 3.09 %.

When does Public Service Enterprise Group pay dividends?

Public Service Enterprise Group pays a quarterly dividend. This is distributed in the months of October, January, April, July.

How secure is the dividend of Public Service Enterprise Group?

Public Service Enterprise Group paid dividends every year for the past 25 years.

What is the dividend of Public Service Enterprise Group?

For the upcoming 12 months, dividends amounting to 2.31 USD are expected. This corresponds to a dividend yield of 3.13 %.

In which sector is Public Service Enterprise Group located?

Public Service Enterprise Group is assigned to the 'Utilities' sector.

Wann musste ich die Aktien von Public Service Enterprise Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Public Service Enterprise Group from 6/28/2024 amounting to 0.6 USD, you needed to have the stock in your portfolio before the ex-date on 6/7/2024.

When did Public Service Enterprise Group pay the last dividend?

The last dividend was paid out on 6/28/2024.

What was the dividend of Public Service Enterprise Group in the year 2023?

In the year 2023, Public Service Enterprise Group distributed 2.16 USD as dividends.

In which currency does Public Service Enterprise Group pay out the dividend?

The dividends of Public Service Enterprise Group are distributed in USD.

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Andere Kennzahlen von Public Service Enterprise Group

Our stock analysis for Public Service Enterprise Group Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Public Service Enterprise Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.