Forward PE Ratio: 18.55
The forward PE ratio is 18.55 as of Thursday, July 9, 2026.
Forward PE Ratio (18.55) = Close Price ($80.17) / Consensus Forward EPS ($4.38)
PEG Forward PE Ratio Metrics
FORWARD PE RATIO
18.55
PEG Competitors' Forward PE Ratio
Public Service Enterprise Group Incorporated
Market Cap
$39.95B
Forward PE Ratio
18.55
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Public Service Enterprise Group Incorporated (PEG) | $39.95B | 18.55 |
| Consolidated Edison, Inc. (ED)vs › | $40.64B | 18.37 |
| PG&E Corporation (PCG)vs › | $37.83B | 10.35 |
| WEC Energy Group, Inc. (WEC)vs › | $37.42B | 20.76 |
| Exelon Corporation (EXC)vs › | $47.46B | 16.55 |
| DTE Energy Company (DTE)vs › | $31.05B | 19.62 |
| Ameren Corporation (AEE)vs › | $30.93B | 21.03 |
| Xcel Energy Inc. (XEL)vs › | $49.33B | 19.36 |
| NRG Energy, Inc. (NRG)vs › | $29.64B | N/A |
| Atmos Energy Corporation (ATO)vs › | $29.16B | 21.05 |
Trailing vs Forward
Trailing P/E
18.0
reported TTM EPS
Forward P/E
18.6
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $4.38 implies -3.1% EPS decline vs the reported trailing $4.52.
Forward P/E by Fiscal Year
View All Analyst EstimatesAt today's $80.17 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $4.38 | $4.34 – $4.42 | 14 | 18.3x |
| 2027-12-31 | $4.70 | $4.61 – $4.81 | 14 | 17.1x |
| 2028-12-31 | $5.04 | $4.99 – $5.18 | 7 | 15.9x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
Forward PE Ratio Formula & Definition
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Forward PE Ratio FAQ
- What is the forward PE ratio for Public Service Enterprise Group Incorporated (PEG)?
- The forward PE ratio for PEG stock is 18.55.
Related Metrics
About Public Service Enterprise Group Incorporated
Public Service Enterprise Group Incorporated (PSEG) is an energy provider primarily operating through its subsidiaries in the Northeastern and Mid-Atlantic United States. The company's business activities are structured into two primary segments: PSE&G and PSEG Power. The PSE&G division is responsible for transmitting electricity and distributing both electricity and natural gas to residential, commercial, and industrial customers. This segment also commits resources to solar power generation projects and various energy efficiency initiatives, as well as offering appliance service and repair. By December 31, 2021, its substantial infrastructure included 25,000 circuit miles of electric transmission and distribution systems, supported by 862,000 utility poles. It also featured 56 switching stations with a total capacity of 39,353 megavolt-amperes (MVA) and 235 substations with a combined capacity of 9,285 MVA. The electric network was further managed by four main and five sub-electric distribution headquarters. On the gas side, PSE&G maintained 18,000 miles of gas mains, twelve primary and two secondary gas distribution headquarters, a single meter shop, and 58 natural gas metering and regulating stations. Public Service Enterprise Group Incorporated was established in 1985 and is headquartered in Newark, New Jersey.
- Sector
- Utilities
- Industry
- Regulated Electric
- CEO
- Ralph A. LaRossa