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

As of 5 August 2025, the valuation grade for Public Service Enterprise Group, Inc. has moved from very expensive to fair. Based on the current metrics, the company appears to be fairly valued. Key ratios include a P/E ratio of 22, an EV to EBITDA of 16.48, and a PEG ratio of 0.50, which suggests potential for growth relative to its price.
In comparison to its peers, Public Service Enterprise Group, Inc. has a P/E ratio that is higher than Exelon Corp. at 16.40 but lower than Xcel Energy, Inc. at 20.15, indicating a competitive positioning within the industry. The EV to EBITDA ratio is also more favorable than Exelon Corp.'s 10.87 but less favorable than Xcel Energy's 13.25. Notably, over the past year, the stock has underperformed the S&P 500, returning -3.62% compared to the index's 17.14%, which may reflect market sentiment despite the fair valuation.