Is Public Service Enterprise Group, Inc. overvalued or undervalued?

As of 30 May 2025, the valuation grade for Public Service Enterprise Group, Inc. has moved from expensive to very expensive. This indicates that the company is currently overvalued. The P/E ratio stands at 22, which is slightly below the peer average of 22.29, while the EV to EBITDA ratio is 16.48, again lower than the peer average of 16.59. The PEG ratio of 0.50 suggests potential growth, but the overall valuation metrics indicate a premium price relative to its earnings and cash flows.
In comparison to its peers, Constellation Energy Corp. has a higher P/E ratio of 26.62, while Duke Energy Corp. shows a lower P/E of 18.26. Despite the company's recent stock performance showing a 14.15% return over the past year compared to the S&P 500's 10.26%, the elevated valuation metrics suggest that Public Service Enterprise Group, Inc. is not a compelling investment at this time.