PG&E Corporation (PCG) P/E Ratio History
Historical price-to-earnings valuation from 1997 to 2026
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PCG Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 6, 2026, PG&E Corporation (PCG) trades at a price-to-earnings ratio of 13.8x, with a stock price of $16.33 and trailing twelve-month earnings per share of $1.29.
The current P/E is 68% below its 5-year average of 43.1x. Over the past five years, PCG's P/E has ranged from a low of 12.8x to a high of 170.4x, placing the current valuation at the 20th percentile of its historical range.
Compared to the Utilities sector median P/E of 20.1x, PCG trades at a 31% discount to its sector peers. The sector includes 109 companies with P/E ratios ranging from 0.0x to 174.3x.
Relative to the broader market, PCG trades at a notable discount to the S&P 500 median P/E of 25.1x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our PCG DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
PCG P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $27B | 6.0Lowest | 0.14Best | +249% | |
| $61B | 29.8 | - | -28% | |
| $26B | 19.4 | 1.69 | +8% | |
| $47B | 16.9 | 2.68 | +11% | |
| $99B | 20.2 | 0.68 | +11% | |
| $108B | 24.5 | 4.18 | -2% | |
| $28B | 23.3 | - | +33% | |
| $75B | 20.6 | 2.41 | +19% | |
| $51B | 23.8 | 5.73 | -1% | |
| $26B | 30.4 | - | +279%Best |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
PCG Historical P/E Data (1997–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q1 | $17.55 | $1.28 | 13.7x | -48% | |
| FY2025 Q4 | Wed Dec 31 2025 00:00:00 GM | $16.07 | $1.17 | 13.7x | -48% |
| FY2025 Q3 | $15.08 | $1.18 | 12.8x | -51% | |
| FY2025 Q2 | Mon Jun 30 2025 00:00:00 GM | $13.94 | $1.09 | 12.8x | -51% |
| FY2025 Q1 | Mon Mar 31 2025 00:00:00 GM | $17.18 | $1.09 | 15.8x | -40% |
| FY2024 Q4 | $20.18 | $1.15 | 17.5x | -33% | |
| FY2024 Q3 | Mon Sep 30 2024 00:00:00 GM | $19.77 | $1.28 | 15.4x | -41% |
| FY2024 Q2 | Sun Jun 30 2024 00:00:00 GM | $17.46 | $1.17 | 14.9x | -43% |
| FY2024 Q1 | Sun Mar 31 2024 00:00:00 GM | $16.76 | $1.12 | 15.0x | -43% |
| FY2023 Q4 | Sun Dec 31 2023 00:00:00 GM | $18.03 | $1.05 | 17.2x | -35% |
| FY2023 Q3 | Sat Sep 30 2023 00:00:00 GM | $16.13 | $0.86 | 18.8x | -29% |
| FY2023 Q2 | Fri Jun 30 2023 00:00:00 GM | $17.28 | $0.91 | 19.0x | -28% |
Average P/E for displayed period: 26.3x
Full PCG Stock Analysis
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Start ComparisonPCG — Frequently Asked Questions
Quick answers to the most common questions about buying PCG stock.
Is PCG stock overvalued or undervalued?
PCG trades at 13.8x P/E, below its 5-year average of 43.1x. At the 20th percentile of historical range, the stock is priced at a discount to its own history.
How does PCG's valuation compare to peers?
PG&E Corporation P/E of 13.8x compares to sector median of 20.1x. The discount suggests lower growth expectations or higher risk.
What is PCG's PEG ratio?
PCG PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 1997-2026.