Public Reconciled Depreciation vs Total Revenue Analysis

PEG Stock  USD 92.40  0.05  0.05%   
Public Service financial indicator trend analysis is much more than just breaking down Public Service Enterprise prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Public Service Enterprise is a good investment. Please check the relationship between Public Service Reconciled Depreciation and its Total Revenue accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Public Service Enterprise. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Reconciled Depreciation vs Total Revenue

Reconciled Depreciation vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Public Service Enterprise Reconciled Depreciation account and Total Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Public Service's Reconciled Depreciation and Total Revenue is -0.19. Overlapping area represents the amount of variation of Reconciled Depreciation that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Public Service Enterprise, assuming nothing else is changed. The correlation between historical values of Public Service's Reconciled Depreciation and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Reconciled Depreciation of Public Service Enterprise are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Reconciled Depreciation i.e., Public Service's Reconciled Depreciation and Total Revenue go up and down completely randomly.

Correlation Coefficient

-0.19
Relationship DirectionNegative 
Relationship StrengthInsignificant

Reconciled Depreciation

Total Revenue

Total revenue comprises all receipts Public Service Enterprise generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Public Service's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Public Service Enterprise current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Public Service Enterprise. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
At this time, Public Service's Tax Provision is most likely to decrease significantly in the upcoming years. The Public Service's current Sales General And Administrative To Revenue is estimated to increase to 0.02, while Selling General Administrative is projected to decrease to roughly 207.1 M.
 2021 2022 2023 2024 (projected)
Gross Profit3.0B2.6B4.8B3.6B
Total Revenue9.7B9.8B11.2B9.4B

Public Service fundamental ratios Correlations

0.580.310.680.230.660.48-0.10.290.640.850.30.55-0.280.30.640.140.460.840.17-0.860.430.450.620.150.52
0.580.920.850.580.760.990.120.920.970.670.091.0-0.290.090.770.50.930.340.41-0.730.920.810.520.740.68
0.310.920.80.690.540.920.311.00.820.40.00.92-0.120.00.730.480.890.090.5-0.520.90.870.460.890.46
0.680.850.80.750.590.770.440.780.80.520.280.81-0.10.280.880.340.750.540.52-0.710.760.790.750.720.56
0.230.580.690.750.130.530.70.680.490.030.170.550.140.170.620.240.510.140.61-0.390.560.610.590.830.27
0.660.760.540.590.130.76-0.20.540.840.78-0.010.77-0.37-0.010.560.440.680.60.01-0.620.620.450.270.20.74
0.480.990.920.770.530.760.10.920.960.630.010.99-0.330.010.70.540.930.240.33-0.650.910.770.390.720.67
-0.10.120.310.440.7-0.20.10.30.04-0.320.090.10.180.090.38-0.010.090.090.12-0.040.140.230.210.480.02
0.290.921.00.780.680.540.920.30.810.38-0.050.92-0.11-0.050.720.50.890.080.47-0.510.90.870.420.880.45
0.640.970.820.80.490.840.960.040.810.730.140.97-0.340.140.70.470.880.440.3-0.750.850.680.470.60.79
0.850.670.40.520.030.780.63-0.320.380.730.220.66-0.50.220.620.270.590.60.11-0.760.550.40.460.20.65
0.30.090.00.280.17-0.010.010.09-0.050.140.220.03-0.171.00.19-0.47-0.010.230.46-0.110.02-0.120.660.120.47
0.551.00.920.810.550.770.990.10.920.970.660.03-0.290.030.730.520.940.310.34-0.710.920.810.440.710.66
-0.28-0.29-0.12-0.10.14-0.37-0.330.18-0.11-0.34-0.5-0.17-0.29-0.17-0.25-0.33-0.12-0.040.050.22-0.08-0.06-0.08-0.03-0.37
0.30.090.00.280.17-0.010.010.09-0.050.140.221.00.03-0.170.19-0.47-0.010.230.46-0.110.02-0.120.660.120.47
0.640.770.730.880.620.560.70.380.720.70.620.190.73-0.250.190.490.660.430.49-0.610.680.710.730.720.49
0.140.50.480.340.240.440.54-0.010.50.470.27-0.470.52-0.33-0.470.490.42-0.040.17-0.230.40.490.080.410.17
0.460.930.890.750.510.680.930.090.890.880.59-0.010.94-0.12-0.010.660.420.210.36-0.621.00.790.410.710.55
0.840.340.090.540.140.60.240.090.080.440.60.230.31-0.040.230.43-0.040.21-0.13-0.70.170.180.38-0.120.5
0.170.410.50.520.610.010.330.120.470.30.110.460.340.050.460.490.170.36-0.13-0.180.410.410.830.690.21
-0.86-0.73-0.52-0.71-0.39-0.62-0.65-0.04-0.51-0.75-0.76-0.11-0.710.22-0.11-0.61-0.23-0.62-0.7-0.18-0.6-0.54-0.5-0.35-0.56
0.430.920.90.760.560.620.910.140.90.850.550.020.92-0.080.020.680.41.00.170.41-0.60.80.450.760.52
0.450.810.870.790.610.450.770.230.870.680.4-0.120.81-0.06-0.120.710.490.790.180.41-0.540.80.430.760.15
0.620.520.460.750.590.270.390.210.420.470.460.660.44-0.080.660.730.080.410.380.83-0.50.450.430.580.46
0.150.740.890.720.830.20.720.480.880.60.20.120.71-0.030.120.720.410.71-0.120.69-0.350.760.760.580.3
0.520.680.460.560.270.740.670.020.450.790.650.470.66-0.370.470.490.170.550.50.21-0.560.520.150.460.3
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When determining whether Public Service Enterprise is a strong investment it is important to analyze Public Service's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Public Service's future performance. For an informed investment choice regarding Public Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Public Service Enterprise. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Multi-Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Public Service. If investors know Public will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Public Service listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
2.852
Dividend Share
2.37
Earnings Share
4.07
Revenue Per Share
20.912
Quarterly Revenue Growth
0.076
The market value of Public Service Enterprise is measured differently than its book value, which is the value of Public that is recorded on the company's balance sheet. Investors also form their own opinion of Public Service's value that differs from its market value or its book value, called intrinsic value, which is Public Service's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Public Service's market value can be influenced by many factors that don't directly affect Public Service's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Public Service's value and its price as these two are different measures arrived at by different means. Investors typically determine if Public Service is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Public Service's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.