Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 18.08 as of Tuesday, July 28, 2026.
Forward PE Ratio (18.08) = Close Price ($78.95) / Consensus Forward EPS ($4.38)
FORWARD PE RATIO
18.08
SECTOR MEDIAN · UTILITIES
19.13
median of 36 covered companies
CURRENT VS SECTOR MEDIAN
-5.51%
vs the sector median at left
Public Service Enterprise Group Incorporated
Market Cap
$39.34B
Forward PE Ratio
18.08
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Public Service Enterprise Group Incorporated (PEG) | $39.34B | 18.08 |
| Consolidated Edison, Inc. (ED)vs › | $41.27B | 18.27 |
| WEC Energy Group, Inc. (WEC)vs › | $37.01B | 20.33 |
| Ameren Corporation (AEE)vs › | $31.14B | 20.83 |
| PG&E Corporation (PCG)vs › | $47.65B | 10.69 |
| Edison International (EIX)vs › | $30.70B | 12.84 |
| DTE Energy Company (DTE)vs › | $30.43B | 19.09 |
| Exelon Corporation (EXC)vs › | $48.41B | 16.49 |
| Atmos Energy Corporation (ATO)vs › | $29.94B | 21.12 |
| CenterPoint Energy, Inc. (CNP)vs › | $28.85B | 23.04 |
Trailing P/E
17.5
reported TTM EPS
Forward P/E
18.1
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.
At today's $78.95 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 – $4.41 | 13 | 18.0x |
| 2027-12-31 | $4.68 | $4.59 – $4.79 | 14 | 16.9x |
| 2028-12-31 | $5.04 | $4.99 – $5.17 | 6 | 15.7x |
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.
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