Basis: FMP quote market capitalization / matching reported stockholders equity. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the P/B ratio high or low?
The P/B ratio of 2.08 is 11% below its estimated 5-year average of 2.33, near the low end of its estimated 5-year range (1.82–2.94).
As of 2026-09-12T00:15:53.369Z. 11.83% below its estimated 12-month average of 2.36.
Calculation as of: 2026-09-12T00:15:53.369Z.
Quote observation: 2026-09-11T20:00:02.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: fb243c62fd25e2ed3dc1c8429f34bdfdc76c55df38cb7b87d07ebbb716cdb2ed
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation. Historical series through 2026-09-09.
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation.
PB RATIO
2.08
PB RATIO AVG TTM
2.36
PB RATIO AVG 3Y
2.38
PB RATIO AVG 5Y
2.33
PB RATIO AVG 10Y
2.09
PB RATIO AVG 15Y
1.93
PB RATIO AVG 20Y
1.98
CURRENT VS TTM AVG
-11.83%
CURRENT VS 3Y AVG
-12.54%
CURRENT VS 5Y AVG
-10.66%
CURRENT VS 10Y AVG
-0.60%
CURRENT VS 15Y AVG
+7.91%
CURRENT VS 20Y AVG
+5.31%
SECTOR MEDIAN · UTILITIES
2.06
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
+0.73%
vs the sector median at left
Public Service Enterprise Group Incorporated
Market Cap
$36.07B
PB Ratio
2.08
TTM Avg
2.36
3Y Avg
2.38
5Y Avg
2.33
Market Cap
$27.36B
PB Ratio
2.35
TTM Avg
2.36
3Y Avg
2.50
5Y Avg
2.97
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Public Service Enterprise Group Incorporated (PEG) | $36.07B | 2.08 | 2.36 | 2.38 | 2.33 |
| PG&E Corporation (PCG)vs › | $36.99B | 1.09 | 1.15 | 1.31 | 1.31 |
| WEC Energy Group, Inc. (WEC)vs › | $34.31B | 2.43 | 2.66 | 2.49 | 2.55 |
| Consolidated Edison, Inc. (ED)vs › | $39.23B | 1.53 | 1.56 | 1.54 | 1.55 |
| Ameren Corporation (AEE)vs › | $29.03B | 2.12 | 2.24 | 2.05 | 2.13 |
| Exelon Corporation (EXC)vs › | $44.47B | 1.50 | 1.63 | 1.55 | 1.54 |
| DTE Energy Company (DTE)vs › | $27.59B | 2.27 | 2.40 | 2.26 | 2.35 |
| American Water Works Company, Inc. (AWK)vs › | $27.36B | 2.35 | 2.36 | 2.50 | 2.97 |
| Atmos Energy Corporation (ATO)vs › | $27.24B | 1.79 | 2.03 | 1.80 | 1.76 |
| FirstEnergy Corp. (FE)vs › | $26.69B | 2.06 | 2.15 | 2.01 | 2.17 |
At 2.08, P/B is above its estimated 20-year median — higher than 67% of readings in its estimated 20-year history.
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation.
estimated 20-year low
1.24
median
1.89
estimated 20-year high
3.59
P/B Ratio
2.08
Market Price / Book Value per Share
PB Ratio = Market Cap / Total Shareholders' Equity
The price-to-book ratio compares market capitalization to book value (shareholders' equity). Lower values can indicate a cheaper valuation relative to net assets.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | PB RATIO |
|---|---|
| 2026-09-09 | 2.09 |
| 2026-09-08 | 2.14 |
| 2026-09-04 | 2.13 |
| 2026-09-03 | 2.13 |
| 2026-09-02 | 2.12 |
| 2026-09-01 | 2.12 |
| 2026-08-31 | 2.12 |
| 2026-08-28 | 2.11 |
| 2026-08-27 | 2.12 |
| 2026-08-26 | 2.14 |
| 2026-08-25 | 2.11 |
| 2026-08-24 | 2.12 |
| 2026-08-21 | 2.10 |
| 2026-08-20 | 2.15 |
| 2026-08-19 | 2.17 |
| 2026-08-18 | 2.18 |
| 2026-08-17 | 2.18 |
| 2026-08-14 | 2.19 |
| 2026-08-13 | 2.19 |
| 2026-08-12 | 2.19 |
| 2026-08-11 | 2.17 |
| 2026-08-10 | 2.15 |
| 2026-08-07 | 2.18 |
| 2026-08-06 | 2.17 |
| 2026-08-05 | 2.18 |
| 2026-08-04 | 2.20 |
| 2026-08-03 | 2.21 |
| 2026-07-31 | 2.22 |
| 2026-07-30 | 2.24 |
| 2026-07-29 | 2.25 |
| 2026-07-28 | 2.28 |
| 2026-07-27 | 2.29 |
| 2026-07-24 | 2.31 |
| 2026-07-23 | 2.31 |
| 2026-07-22 | 2.30 |
| 2026-07-21 | 2.24 |
| 2026-07-20 | 2.25 |
| 2026-07-17 | 2.27 |
| 2026-07-16 | 2.30 |
| 2026-07-15 | 2.31 |
| 2026-07-14 | 2.33 |
| 2026-07-13 | 2.34 |
| 2026-07-10 | 2.33 |
| 2026-07-09 | 2.32 |
| 2026-07-08 | 2.35 |
| 2026-07-07 | 2.36 |
| 2026-07-06 | 2.33 |
| 2026-07-02 | 2.36 |
| 2026-07-01 | 2.32 |
| 2026-06-30 | 2.35 |
| 2026-06-29 | 2.38 |
| 2026-06-26 | 2.42 |
| 2026-06-25 | 2.39 |
| 2026-06-24 | 2.37 |
| 2026-06-23 | 2.35 |
| 2026-06-22 | 2.33 |
| 2026-06-18 | 2.31 |
| 2026-06-17 | 2.29 |
| 2026-06-16 | 2.34 |
| 2026-06-15 | 2.32 |
| 2026-06-12 | 2.30 |
| 2026-06-11 | 2.28 |
| 2026-06-10 | 2.27 |
| 2026-06-09 | 2.27 |
| 2026-06-08 | 2.25 |
| 2026-06-05 | 2.30 |
| 2026-06-04 | 2.26 |
| 2026-06-03 | 2.25 |
| 2026-06-02 | 2.26 |
| 2026-06-01 | 2.22 |
| 2026-05-29 | 2.27 |
| 2026-05-28 | 2.29 |
| 2026-05-27 | 2.31 |
| 2026-05-26 | 2.31 |
| 2026-05-22 | 2.30 |
| 2026-05-21 | 2.27 |
| 2026-05-20 | 2.26 |
| 2026-05-19 | 2.23 |
| 2026-05-18 | 2.22 |
| 2026-05-15 | 2.21 |
| 2026-05-14 | 2.25 |
| 2026-05-13 | 2.23 |
| 2026-05-12 | 2.27 |
| 2026-05-11 | 2.24 |
| 2026-05-08 | 2.23 |
| 2026-05-07 | 2.25 |
| 2026-05-06 | 2.29 |
| 2026-05-05 | 2.35 |
| 2026-05-04 | 2.37 |
| 2026-05-01 | 2.36 |
| 2026-04-30 | 2.41 |
| 2026-04-29 | 2.35 |
| 2026-04-28 | 2.38 |
| 2026-04-27 | 2.37 |
| 2026-04-24 | 2.38 |
| 2026-04-23 | 2.36 |
| 2026-04-22 | 2.32 |
| 2026-04-21 | 2.32 |
| 2026-04-20 | 2.38 |
| 2026-04-17 | 2.41 |
| 2026-04-16 | 2.42 |
| 2026-04-15 | 2.39 |
| 2026-04-14 | 2.42 |
| 2026-04-13 | 2.40 |
| 2026-04-10 | 2.45 |
| 2026-04-09 | 2.48 |
| 2026-04-08 | 2.44 |
| 2026-04-07 | 2.41 |
| 2026-04-06 | 2.39 |
| 2026-04-02 | 2.41 |
| 2026-04-01 | 2.40 |
| 2026-03-31 | 2.39 |
| 2026-03-30 | 2.40 |
| 2026-03-27 | 2.38 |
| 2026-03-26 | 2.37 |
| 2026-03-25 | 2.39 |
| 2026-03-24 | 2.37 |
| 2026-03-23 | 2.35 |
| 2026-03-20 | 2.34 |
| 2026-03-19 | 2.44 |
| 2026-03-18 | 2.48 |
| 2026-03-17 | 2.50 |
| 2026-03-16 | 2.50 |
| 2026-03-13 | 2.47 |
| 2026-03-12 | 2.43 |
| 2026-03-11 | 2.43 |
| 2026-03-10 | 2.46 |
| 2026-03-09 | 2.48 |
| 2026-03-06 | 2.46 |
| 2026-03-05 | 2.48 |
| 2026-03-04 | 2.48 |
| 2026-03-03 | 2.48 |
| 2026-03-02 | 2.49 |
| 2026-02-27 | 2.54 |
| 2026-02-26 | 2.53 |
| 2026-02-25 | 2.53 |
| 2026-02-24 | 2.54 |
| 2026-02-23 | 2.54 |
| 2026-02-20 | 2.52 |
| 2026-02-19 | 2.52 |
| 2026-02-18 | 2.48 |
| 2026-02-17 | 2.56 |
| 2026-02-13 | 2.54 |
| 2026-02-12 | 2.49 |
| 2026-02-11 | 2.48 |
| 2026-02-10 | 2.45 |
| 2026-02-09 | 2.39 |
| 2026-02-06 | 2.38 |
| 2026-02-05 | 2.35 |
| 2026-02-04 | 2.36 |
| 2026-02-03 | 2.40 |
| 2026-02-02 | 2.37 |
| 2026-01-30 | 2.43 |
| 2026-01-29 | 2.42 |
| 2026-01-28 | 2.40 |
| 2026-01-27 | 2.37 |
| 2026-01-26 | 2.33 |
| 2026-01-23 | 2.31 |
| 2026-01-22 | 2.34 |
| 2026-01-21 | 2.35 |
| 2026-01-20 | 2.34 |
| 2026-01-16 | 2.34 |
| 2026-01-15 | 2.34 |
| 2026-01-14 | 2.32 |
| 2026-01-13 | 2.32 |
| 2026-01-12 | 2.32 |
| 2026-01-09 | 2.32 |
| 2026-01-08 | 2.28 |
| 2026-01-07 | 2.29 |
| 2026-01-06 | 2.32 |
| 2026-01-05 | 2.34 |
| 2026-01-02 | 2.39 |
| 2025-12-31 | 2.37 |
| 2025-12-30 | 2.38 |
| 2025-12-29 | 2.38 |
| 2025-12-26 | 2.37 |
| 2025-12-24 | 2.38 |
| 2025-12-23 | 2.37 |
| 2025-12-22 | 2.38 |
| 2025-12-19 | 2.36 |
| 2025-12-18 | 2.38 |
| 2025-12-17 | 2.35 |
| 2025-12-16 | 2.35 |
| 2025-12-15 | 2.37 |
| 2025-12-12 | 2.32 |
| 2025-12-11 | 2.33 |
| 2025-12-10 | 2.32 |
| 2025-12-09 | 2.34 |
| 2025-12-08 | 2.32 |
| 2025-12-05 | 2.34 |
| 2025-12-04 | 2.38 |
| 2025-12-03 | 2.37 |
| 2025-12-02 | 2.38 |
| 2025-12-01 | 2.40 |
| 2025-11-28 | 2.46 |
| 2025-11-26 | 2.45 |
| 2025-11-25 | 2.42 |
| 2025-11-24 | 2.42 |
| 2025-11-21 | 2.39 |
| 2025-11-20 | 2.38 |
| 2025-11-19 | 2.39 |
| 2025-11-18 | 2.43 |
| 2025-11-17 | 2.43 |
| 2025-11-14 | 2.44 |
| 2025-11-13 | 2.43 |
| 2025-11-12 | 2.46 |
| 2025-11-11 | 2.47 |
| 2025-11-10 | 2.45 |
| 2025-11-07 | 2.45 |
| 2025-11-06 | 2.43 |
| 2025-11-05 | 2.35 |
| 2025-11-04 | 2.41 |
| 2025-11-03 | 2.44 |
| 2025-10-31 | 2.42 |
| 2025-10-30 | 2.42 |
| 2025-10-29 | 2.41 |
| 2025-10-28 | 2.44 |
| 2025-10-27 | 2.50 |
| 2025-10-24 | 2.49 |
| 2025-10-23 | 2.48 |
| 2025-10-22 | 2.51 |
| 2025-10-21 | 2.49 |
| 2025-10-20 | 2.54 |
| 2025-10-17 | 2.54 |
| 2025-10-16 | 2.53 |
| 2025-10-15 | 2.54 |
| 2025-10-14 | 2.47 |
| 2025-10-13 | 2.45 |
| 2025-10-10 | 2.42 |
| 2025-10-09 | 2.44 |
| 2025-10-08 | 2.45 |
| 2025-10-07 | 2.41 |
| 2025-10-06 | 2.45 |
| 2025-10-03 | 2.46 |
| 2025-10-02 | 2.45 |
| 2025-10-01 | 2.48 |
| 2025-09-30 | 2.50 |
| 2025-09-29 | 2.49 |
| 2025-09-26 | 2.47 |
| 2025-09-25 | 2.43 |
| 2025-09-24 | 2.47 |
| 2025-09-23 | 2.47 |
| 2025-09-22 | 2.45 |
| 2025-09-19 | 2.45 |
| 2025-09-18 | 2.44 |
| 2025-09-17 | 2.41 |
| 2025-09-16 | 2.44 |
| 2025-09-15 | 2.49 |
| 2025-09-12 | 2.48 |
| 2025-09-11 | 2.46 |
| 2025-09-10 | 2.45 |
| 2025-09-09 | 2.40 |
| 2025-09-08 | 2.41 |
| 2025-09-05 | 2.43 |
| 2025-09-04 | 2.45 |
| 2025-09-03 | 2.44 |
| 2025-09-02 | 2.45 |
| 2025-08-29 | 2.47 |
| 2025-08-28 | 2.48 |
| 2025-08-27 | 2.48 |
Showing the most recent 260 of 5,030 data points. The chart above shows the full history.