P/E ratio for PSEG (PEG)

P/E ratio history for PSEG from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Exelon Corporation EXC	18.5	26.92%	🇺🇸 USA
FirstEnergy FE	43.6	199.87%	🇺🇸 USA
Consolidated Edison ED	13.3	-8.64%	🇺🇸 USA
Duke Energy DUK	77.9	435.87%	🇺🇸 USA
Xcel Energy XEL	20.9	43.82%	🇺🇸 USA
Southern Company SO	29.8	104.95%	🇺🇸 USA
PPL PPL	29.5	102.83%	🇺🇸 USA
NRG Energy NRG	-13.1	-189.84%	🇺🇸 USA
Ameren AEE	21.6	48.78%	🇺🇸 USA
Unitil Corporation UTL	19.3	32.51%	🇺🇸 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.