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

As of 17 October 2025, the valuation grade for Public Service Enterprise Group, Inc. has moved from 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, indicating a reasonable valuation relative to its growth prospects.
In comparison to its peers, Exelon Corp. has a lower P/E ratio of 16.40, while Xcel Energy, Inc. shows a similar P/E of 20.15. The PEG ratio for Public Service Enterprise Group is notably lower than Exelon's 2.01, suggesting it may be undervalued relative to its growth. Over the past year, the stock has underperformed against the S&P 500, returning -5.52% compared to the index's 14.08%, which may reinforce the perception of it being fairly valued in the current market context.