Public Service Enterprise Group, Inc. (PSEG) Experiences Revision in Stock Evaluation Metrics

Public Service Enterprise Group, Inc. (PSEG), a midcap player in the power industry, has recently undergone a valuation adjustment. The company's current P/E ratio stands at 22, while its price-to-book value is recorded at 2.59. Other notable financial metrics include an EV to EBIT ratio of 25.56 and an EV to EBITDA ratio of 16.48. The company's return on capital employed (ROCE) is 6.54%, and its return on equity (ROE) is 11.75%.
In comparison to its peers, PSEG's valuation metrics reflect a competitive landscape. Exelon Corp. shows a P/E ratio of 16.40, while Xcel Energy, Inc. has a P/E of 20.15. Consolidated Edison, Inc. and PG&E Corp. also present varying metrics, with P/E ratios of 19.16 and 14.82, respectively.

PSEG's stock performance has shown fluctuations, with a current price of $84.75, slightly up from the previous close of $84.34. Over the past year, the stock has returned -5.52%, contrasting with the S&P 500's return of 14.08%. This evaluation adjustment highlights the company's positioning within a competitive sector, reflecting broader market trends and peer performance.