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	17.8	16.37%	🇺🇸 USA
FirstEnergy FE	45.6	198.93%	🇺🇸 USA
Consolidated Edison ED	14.1	-7.80%	🇺🇸 USA
Duke Energy DUK	79.7	422.18%	🇺🇸 USA
Xcel Energy XEL	21.3	39.61%	🇺🇸 USA
Southern Company SO	31.9	108.80%	🇺🇸 USA
PPL PPL	29.8	95.04%	🇺🇸 USA
NRG Energy NRG	-12.5	-181.76%	🇺🇸 USA
Ameren AEE	21.0	37.67%	🇺🇸 USA
Unitil Corporation UTL	22.1	45.04%	🇺🇸 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.