Public Service Enterprise Group Inc (PEG) fair value: what the stock is really worth
As of Oct 21, 2026: fair value (intrinsic value) of Public Service Enterprise Group Inc stock $33.51, price $71.00, upside -52.8%, quality 48 out of 100. Rating: strongly overvalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 22, 2026.
How to read this chart
60‑month range $46.69 – $88.62 · fair‑value band $25.20 – $42.45 · the $71.00 price screens above the $33.51 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Oct 22, 2026.
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Public Service Enterprise Group Incorporated, through its subsidiaries, operates in electric and gas utility, and nuclear generation businesses in the United States. It operates through PSE&G and PSEG Power segments.
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The PSE&G segment transmits electricity; distributes electricity and natural gas to residential, commercial, and industrial customers; and appliance services and repairs to customers through its service territory, as well as invests in solar generation projects, and energy efficiency and related programs.
The PSEG Power segment engages in nuclear generation businesses; and supplies power and natural gas to nuclear power plants.
As of December 31, 2025, it had electric transmission and distribution system of 25,000 circuit miles and 871,000 poles; 58 switching stations with an installed capacity of 40,000 megavolt-amperes (MVA), and 238 substations with an installed capacity of 10,890 MVA; four electric distribution headquarters and five electric sub-headquarters; 18,000 miles of gas mains, 12 gas distribution headquarters, two sub-headquarters, and two meter shop, as well as 54 natural gas metering and regulating stations; and 158 MegaWatts defined conditions of installed PV solar capacity.
The company was founded in 1903 and is based in Newark, New Jersey.
Stock analysis
Public Service Enterprise Group Inc (PEG) currently trades at $71.00, while our model-based Fair Value estimate is $33.51, 52.8% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of $58.04 per share, and 1 of the 22 models we run sit above the $71.00 price.
Bear case: the Growth DCF group reads lowest at $11.54, and 21 of the 22 models stay below the price. Data coverage for this calculation is high.
Scenario range: $25.20 (bear) to $42.45 (bull), the price of $71.00 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 48/100 (below-average quality), in the Utilities sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Public Service Enterprise Group Inc reported revenue of $12.2B in FY2025 versus $9.7B in FY2021, a compound +5.8%/yr. Reported net income was $2.1B in FY2025.
Key figures
Market cap $35.5B Large · P/E ratio 17.5 · P/S ratio 2.83 · EPS (TTM) $4.05 · Dividend yield 3.7% · Net margin 16.0% · Return on equity 11.8% · Return on assets (EBIT) 3.6%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 57 out of 100 (low confidence).
What moves the price
The share trades about 16% below its 52-week high and 7% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Utilities peers we cover trades at −36% fair-value upside, at −53%, PEG screens richer than that median.
Fair Value models
Bear$25.20Fair Value $33.51Bull$42.45
Price $71.00 · Upside -52.8%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then ($1.17 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.53/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+18.3%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+7.5%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+4.8%
Start year 2020 (pandemic). Over 10 years: +1.6% a year
Revenue growth 40 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+2.6%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Basis: adjusted.
+7.9%
Earnings growth per share plus dividend.
Earnings per share, growth per year+4.2%
Dividend (yield on the price)3.7%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.3.5% vs 3.5%, steady
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.24% → 25%
Pace: the 5-year rate starts in 2020 (pandemic)
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far and more than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+47.7%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+3.0%
Yearly sales growth analysts expect, extended to five years.
After inflation (USA: IMF forecast 2.4% a year to 2030, 3.1% from 2016 to 2025) that is about +44.3% a year for the price and +0.6% for the forecasts.
AI conclusion: The regulated utility draws stability from its nuclear plants that deliver a large share of regional electricity and carbon-free power, yet thin public signals leave its moat dependent on regulatory franchise with returns capped by the rate base.
Main risk: Regulatory caps on returns from grid upgrades and rate-base limits could restrict earnings growth even as capital spending rises to meet demand.
PSEG's nuclear plants supply roughly 40 percent of New Jersey's electricity and 80 percent of its carbon-free power. The utility is also rolling out residential battery pilots and efficiency programs to cut peak demand and emissions even more. Our models see the stock as overvalued, so will the returns from these regulated grid upgrades exceed the limits of the traditional rate base or stay capped by it?
Compare Public Service Enterprise Group Inc with another stock
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Utilities - Regulated Electric · 157 stocks
Beats the industry median on 6/15 measures
A mixed picture versus its industry peers.
Valuation
Quality Score48 · Above median
Fair Value upside−52.8% · Bottom 25%
Profitability
Return on equity (12 months)11.8% · Above median
Return on assets3.7% · Above median
Net margin (12 months)16.0% · Above median
Operating margin (12 months)18.9% · Above median
Growth and dividend
Revenue growth (quarter YoY)−8.9% · Bottom 25%
Dividend yield (12 months)3.7% · Above median
Balance sheet
Debt / equity1.28× · Above median
Valuation Multiplesvs Utilities - Regulated Electric median · lower = cheaper
P/E (12 months)17.5× · Pricier than median
P/B2.09× · Pricier than median
P/S (12 months)2.83× · Pricier than median
Price / free cash flow109.2× · Priciest 25%
EV/EBITDA12.8× · Priciest 25%
PEG3.27× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 11
FUTURE (revenue growth)0· sector 19
PAST (return on equity)47· sector 39
HEALTH (low debt)36· sector 52
DIVIDEND (yield)73· sector 65
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Public Service Enterprise Group Inc Fair Value". https://www.fairvalue-calculator.com/stock/PEG
Frequently asked questions
Is Public Service Enterprise Group Inc (PEG) overvalued or undervalued?
As of Oct 22, 2026, our model estimates a fair value of $33.51 versus a price of $71.00, about −53% upside (overvalued).
What is the fair value of PEG?
Our model-based fair value for Public Service Enterprise Group Inc is $33.51 (as of Oct 22, 2026), built from audited fundamentals. The current price: $71.00.
What is the quality score of PEG?
Public Service Enterprise Group Inc has a Quality Score of 48/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Public Service Enterprise Group Inc (PEG)?
Our model-based price target is the fair value of $33.51 (as of Oct 22, 2026) from 24 valuation models. Cautious scenario $25.20, optimistic scenario $42.45. It is a calculation from audited fundamentals, not an analyst target.
What is the Public Service Enterprise Group Inc stock forecast for 2026?
Our models put fair value at $33.51, about −53% upside versus a price of $71.00 (overvalued). Cautious scenario $25.20, optimistic scenario $42.45. The calculation is refreshed regularly with new filings.
What is the revenue of Public Service Enterprise Group Inc (PEG)?
Public Service Enterprise Group Inc reported trailing-twelve-month revenue of about $12.5B (latest available figure, as of Oct 22, 2026).
Does Public Service Enterprise Group Inc pay a dividend?
Public Service Enterprise Group Inc currently shows a dividend yield of 3.66% relative to its recent price (as of Oct 22, 2026).
What growth is priced into Public Service Enterprise Group Inc (PEG)?
For today's price to be fair in a discounted-cash-flow model, Public Service Enterprise Group Inc would have to grow free cash flow by +47.7 % per year for five years (discount rate 8.1 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +4.9 % per year. As of Oct 22, 2026.
What discount rate (WACC) does the fair value of PEG use?
Our models discount Public Service Enterprise Group Inc at 8.1 %: a base by market capitalisation (large), damped by beta 0.52, country premium for USA. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Public Service Enterprise Group Inc that is +47.7 % per year a year over ten years, using the same discount rate (8.1 %) and the same formula as our fair value.
How much growth has Public Service Enterprise Group Inc (PEG) delivered so far?
Over the past 5 years revenue at Public Service Enterprise Group Inc grew +4.9 % a year. The price currently implies +47.7 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Public Service Enterprise Group Inc (PEG) growing?
The median revenue growth in the sector is +3.7 % a year. That is the yardstick for the growth priced into Public Service Enterprise Group Inc (+47.7 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Public Service Enterprise Group Inc (PEG)?
The free-cash-flow yield on the price is 0.92 %: that much free cash flow Public Service Enterprise Group Inc produces per unit of market value. When it exceeds the discount rate of our models (8.1 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Public Service Enterprise Group Inc (PEG)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Public Service Enterprise Group Inc it is $33.51 per share (as of Oct 22, 2026), against a price of $71.00. It is the blended result of 24 valuation models (cash flow, earnings, asset, dividend).
Is Public Service Enterprise Group Inc stock overvalued or undervalued in 2026?
As of Oct 22, 2026, PEG trades above its calculated fair value: price $71.00, fair value $33.51, a gap of about −53% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of PEG?
No. The price is what the market pays today ($71.00); the fair value is what the company's own numbers justify ($33.51). For Public Service Enterprise Group Inc the two are $37.49 per share apart. That gap is exactly why we show both numbers side by side.
How much is Public Service Enterprise Group Inc worth?
The market values Public Service Enterprise Group Inc at about $35.5B (market capitalisation, as of Oct 22, 2026). Per share that is $71.00; our models calculate a fair value of $33.51 per share.
What do the bullish and bearish scenarios say about PEG?
Our models span a range for Public Service Enterprise Group Inc: cautious scenario $25.20, base $33.51, optimistic $42.45 per share (as of Oct 22, 2026, price $71.00). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of PEG?
Public Service Enterprise Group Inc trades at a price-to-earnings ratio of 17.5 (as of Oct 22, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $33.51 is built from several models across several years. Median P/E at fiscal year-end, 9 fiscal years (2016 to 2025), reported earnings, 4 of the years ex one-offs: 17.7. Other multiples: PEG 3.3, P/B 2.1, P/S 2.8, EV/EBITDA 12.8.
What is the PEG ratio of PEG?
The PEG ratio of Public Service Enterprise Group Inc is 3.27 (P/E divided by earnings growth, as of Oct 22, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Public Service Enterprise Group Inc (PEG)?
Balance-sheet figures for Public Service Enterprise Group Inc (as of Oct 22, 2026): return on equity 11.8%, debt of 1.28 per unit of equity. They feed the Quality Score of 48/100, which measures business quality independently of the share price.
How far is PEG from its 52-week high?
Public Service Enterprise Group Inc trades at $71.00, about 16% below its 52-week high of $84.74 and 7% above the low of $66.56 (as of Oct 21, 2026). Distance from the high says nothing about value: that is what the fair value of $33.51 is for.
Which stocks are comparable to Public Service Enterprise Group Inc?
From the same area (Utilities) we also value NextEra Energy, Inc, The Southern Company, Duke Energy Corporation, American Electric Power Company, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Public Service Enterprise Group Inc stock attractive at the current price?
The data as of Oct 22, 2026: price $71.00, calculated fair value $33.51 (−53%), Quality Score 48/100, from 24 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of PEG calculated?
We run Public Service Enterprise Group Inc through 24 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of $33.51, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.6 % above its aggregate fair value. Public Service Enterprise Group Inc itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Public Service Enterprise Group Inc (PEG)?
The closing price on Oct 21, 2026 was $71.00. Our model-based fair value is $33.51, about −53% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Public Service Enterprise Group Inc right now?
The price sits above even our optimistic bull case ($42.45). The favourable scenario is already priced in. Solid but not exceptional quality (48/100) and above fair value, neither a clear bargain nor a standout compounder.
Where does the earnings growth of Public Service Enterprise Group Inc (PEG) come from?
Earnings per share at Public Service Enterprise Group Inc grew +5.4 % a year from 2014 to 2025. Broken into its drivers: revenue per share +1.3 %, EBIT margin +1.4 %, tax rate +3.8 %, residual (interest, one-offs) −1.1 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Public Service Enterprise Group Inc
How large is the market capitalisation of Public Service Enterprise Group Inc (PEG)?
The market capitalisation of Public Service Enterprise Group Inc is $35.5B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Public Service Enterprise Group Inc (PEG)?
The price-to-sales ratio of Public Service Enterprise Group Inc is 2.83 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Public Service Enterprise Group Inc (PEG)?
Earnings per share at Public Service Enterprise Group Inc are $4.05 (price ÷ EPS = P/E 17.5). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Public Service Enterprise Group Inc (PEG)?
The dividend yield of Public Service Enterprise Group Inc is 3.7% (payout 64.2%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Public Service Enterprise Group Inc (PEG)?
The net margin of Public Service Enterprise Group Inc is 16.0% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Public Service Enterprise Group Inc (PEG)?
The return on equity (ROE) of Public Service Enterprise Group Inc is 11.8% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Public Service Enterprise Group Inc (PEG)?
On an EBIT basis the return on assets of Public Service Enterprise Group Inc is 3.6% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Public Service Enterprise Group Inc (PEG)?
The operating margin of Public Service Enterprise Group Inc is 18.9% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Public Service Enterprise Group Inc (PEG)?
Revenue at Public Service Enterprise Group Inc is growing −8.9% versus a year earlier (3y avg +7.5%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Public Service Enterprise Group Inc (PEG)?
Earnings per share at Public Service Enterprise Group Inc are growing −42.7% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Public Service Enterprise Group Inc (PEG) carry?
The net debt of Public Service Enterprise Group Inc is $24.2B (fiscal year 2025, ≈ 74.6 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Broad data
Oct 22, 2026