Stock Analysis
PG&E CorporationPCG
P/E 9.43×· 5Y range 8.61–140.57×· bottom 1% of history
Sector: Utilities · Industry: Electric & Other Services Combined
AnalystsBuy22 analystsP/E 9.4× sits at the 1st percentile of its 5.086926762491444-year history.
Cash covers 1% of debt · FY 2025.
PMP Verdict
Cheap for a reason — weak fundamentals
Risks
- Financial Health17
- Growth26
Cheap for a reason — fundamentals remain weak.
Bull Case
- ✓P/E 9.4× at bottom 1% of 5-year history
What's happening with PCG
Profile
financial health, moat, growth and earnings quality lag behind.
How is each axis scored?
- Valuation62/100 · Moderate
- P/E vs own history (1th pct)25/25
- FCF yield (-10.9%)0/25
- P/S (1.5x)25/25
- EV/EBIT (19.1x)12/25
- Growth26/100 · Weak
- Revenue CAGR (4.8%)6/25
- Net income CAGR (n/a)0/25
- EPS CAGR 5Y (n/a)0/25
- Fwd implied growth (28.6%)20/25
- Profitability57/100 · Moderate
- ROIC (4.4%)5/25
- ROE (9.4%)12/25
- Net margin (11.8%)20/25
- Operating margin (20.0%)20/25
- Financial Health17/100 · Weak
- Altman Z (0.43)3/25
- Current ratio (0.97)6/25
- Interest coverage (1.8x)3/25
- Net cash / debt (D/A 42%)5/25
- Quality41/100 · Weak
- Piotroski F (4/9)10/25
- Beneish M (-2.76)25/25
- FCF conversion (-139%)0/25
- Margin stability (σ 20.1%)6/25
- Moat25/100 · Weak
- ROIC >12% years (0/10 yrs)0/25
- Median gross margin (80.8%)25/25
- FCF-positive years (1/10 yrs)0/25
- Worst-year net margin (worst -44.7%)0/25
Risk Flags
- ⚠Altman Z 0.4 — distress-zone balance sheet
- ⚠Negative FCF margin (-0.2%) — burning cash
- ⚠4 loss-making years in recent history
- ⚠Interest coverage 1.8× — thin debt cushion
About PG&E Corporation
PG&E is a holding company whose main subsidiary is Pacific Gas and Electric, a regulated utility operating in Central and Northern California that serves 5. Show more
7 million electricity customers and 4.6 million gas customers in 47 of the state's 58 counties. PG&E operated under bankruptcy court supervision in 2001-04 during California's energy crisis and in 2019-20 due to wildfire losses. In 2004, PG&E sold its unregulated assets as part of its first postbankruptcy reorganization.
Headquarters: OAKLAND, CA · Employees: 29,000 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
62BP/E (TTM)9.4xA
Grade A: CheapPrice / TTM EPS (own statements) — vs own 5Y history: 8.6x–140.6x · 1st pct
P/FCF38.9xC
Grade C: ExpensivePrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative · CapEx exceeds operating cash flow (152% of OCF) — reported FCF understates normalized earning power in this investment phase
FCF Yield-10.9%D
Grade D: NegativeTTM (OCF − CapEx) / Market Cap — vs own 5Y history: -142.6%–-4.4% · 37th pct · CapEx exceeds operating cash flow (152% of OCF) — reported FCF understates normalized earning power in this investment phase
P/S (TTM)1.52xA
Grade A: CheapPrice / TTM Revenue (own statements) — vs own 5Y history: 0.9x–1.9x · 7th pct
EV/EBIT19.1xC
Grade C: ExpensiveEnterprise value / TTM EBIT (D&A not in our data) — capital-structure neutral — vs own 5Y history: 17.0x–55.9x · lowest in history
EV/Sales3.6xB
Grade B: FairEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E7.3xA
Grade A: CheapPrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio1.20xA
Grade A: FairPrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio1.05B
Grade B: FairFinnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield1.48%A
Grade A: PaysTTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio13.5%A
Grade A: SafeDividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
CapEx exceeds OCF: CapEx exceeds operating cash flow (152% of OCF) — reported FCF understates normalized earning power in this investment phase
Profitability
57CROIC4.4%D
Grade D: LowNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE9.4%D
Grade D: WeakReturn on Equity. Neg. equity = heavy buybacks
ROA2.2%D
Grade D: WeakReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin11.8%A
Grade A: HighNet Income / Revenue
Operating Margin20.0%C
Grade C: AverageTTM EBIT / TTM Revenue
Gross Margin84.3%A
Grade A: PremiumGross Profit / Revenue
FCF Margin-16.5%D
Grade D: LowFCF / Revenue · CapEx exceeds operating cash flow (152% of OCF) — reported FCF understates normalized earning power in this investment phase
True FCF Margin-16.5%D
Grade D: LowTTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost · CapEx exceeds operating cash flow (152% of OCF) — reported FCF understates normalized earning power in this investment phase
Growth
26ERevenue CAGR4.8%D
Grade D: LowCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR—
Compound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)—
Compound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth28.6%C
Grade C: MedAnalyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)+2.6%C
Grade C: DilutiveShare count change over 5Y
SBC / Net Income—
Stock-based comp/Net income. >30% = dilution risk
SBC / Revenue—
TTM stock-based comp / TTM Revenue
Financial Health
17EAltman Z-Score0.43D
Grade D: DistressBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio0.97xD
Grade D: LowCurrent Assets/Liabilities
Quick Ratio1.15xA
Grade A: High(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage1.8xD
Grade D: RiskyEBIT/Interest. >10 Strong
Debt Repayment—
Years to repay net debt via FCF · CapEx exceeds operating cash flow (152% of OCF) — reported FCF understates normalized earning power in this investment phase
Net Debt/EBIT11.5xD
Grade D: HighLeverage. <2x Low, >4x High
Debt/Equity1.85xC
Grade C: MedDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt0.01xD
Grade D: ThinCash covers how much of total debt. >1 = could repay all debt from cash
Quality
41D+Piotroski F-Score4/9C
Grade C: AverageFinancial strength 0–9. >7 Strong
Beneish M-Score-2.76A
Grade A: SafeEarnings manipulation risk. < -2.22 Safe
FCF Conversion-139.5%D
Grade D: PoorFCF / Net Income · CapEx exceeds operating cash flow (152% of OCF) — reported FCF understates normalized earning power in this investment phase
Margin Stability20.1%D
Grade D: VolatileEBIT margin std deviation. Lower = stable
Capex / Revenue48.0%D
Grade D: HeavyTTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover0.18xD
Grade D: LowRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
Insider Transactions
SEC Form 4 · 8 recordsP/S codes are the directional signal; grants, option exercises and tax withholding carry none. Form 4 doesn't flag 10b5-1 plans — scheduled sales may appear within open-market sells.
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
DENAULT LEO P Filed | DENAULT LEO P | Grant / award | +2.7K | |
LARSEN JOHN O Filed | LARSEN JOHN O | BuyOpen market buy | +7.5K | |
Vallejo Alejandro T Filed | Vallejo Alejandro T | Grant / award | +597 | |
Fugate William Craig Filed | Fugate William Craig | SellOpen market sale | -6500 | |
Vallejo Alejandro T Filed | Vallejo Alejandro T | Grant / award | +421 |
Show 3 more filingsShow fewer filings
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Vallejo Alejandro T Filed | Vallejo Alejandro T | Tax withholding | -5086 | |
Vallejo Alejandro T Filed | Vallejo Alejandro T | Grant / award | +11.2K | |
Vallejo Alejandro T Filed | Vallejo Alejandro T | Grant / award | +422 |
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
25EROIC >12% Years0/10 yrsD
Grade D: WeakShare of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)80.8%A
Grade A: DurableMedian annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years1/10 yrsD
Grade D: WeakShare of completed fiscal years with positive free cash flow
Net Margin Floor-44.7%D
Grade D: WeakWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)$1.39
Own TTM net income / shares — same earnings basis as P/E
Cash / Share$0.44
Cash & short-term investments per share (Finnhub)
Book Value / Share$15.39
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt$60.06B
Total debt obligations (short + long term)
Cash & Equiv.$713.00M
Cash and short-term investments
Net Debt$59.35B
Total Debt minus Cash. Negative = Net Cash position
Total Equity$32.54B
Shareholders' equity (book value)
Asset / Liability1.30xC
Grade C: AdequateTotal Assets / Total Liabilities
Market
Market Cap$39.21B
Current Market Capitalization
Beta0.20B
Grade B: DefensivePrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Jun 2026 · Ratio snapshot Oct 17, 2026
Key Insights: PG&E Corporation (PCG)
PCG is up 1.00% at the last close. Piotroski F-Score of 4/9 indicates mixed fundamentals for PG&E Corporation. Altman Z-Score of 0.43 is below the 1.81 distress threshold — an elevated financial-risk flag. Beneish M-Score of -2.76 suggests a low likelihood of earnings manipulation.
- Free-cash-flow margin is negative (-16%) — the business currently burns cash.
- Company has negative FCF, making debt repayment from operations difficult.
- Interest coverage of 1.8× leaves little room for earnings shocks.
- PG&E Corporation posted a net loss in 4 of 10 available completed fiscal years (2016–2025).
See how PCG ranks on the Capex Tracker — top 50 capital spenders compared.
Recent Market Moves
See all PCG moves →| Date | Session | Price | Move | Z-Score |
|---|---|---|---|---|
| Oct 9 | Regular | 13.15 | +3.75% | 2.41 |
Frequently Asked Questions about PCG
What is the current PG&E Corporation (PCG) stock price?
PCG is trading at $13.09 at the last market close, up 1.00% on the session. PreMarketPrice tracks PCG pre-market, intraday and after-hours prices.
Is PCG stock a buy right now?
PreMarketPrice's quantitative model rates PG&E Corporation's financial health at 17/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is PCG stock overvalued?
PG&E Corporation trades at a trailing P/E of 9.4 and our valuation score rates it 62/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does PG&E Corporation report earnings?
No confirmed earnings date is currently scheduled for PCG. The Earnings section lists recent reports and updates as dates are announced.
What sector does PG&E Corporation operate in?
PG&E Corporation operates in the Utilities sector, within the Electric & Other Services Combined industry. The Related Stocks section lists sector peers for comparison.
What does PG&E Corporation do?
PG&E is a holding company whose main subsidiary is Pacific Gas and Electric, a regulated utility operating in Central and Northern California that serves 5.
About PG&E Corporation (PCG) Stock
PG&E Corporation (PCG) is a US-listed stock operating in the Utilities sector, specifically the Electric & Other Services Combined industry. As of the latest update, PG&E Corporation is trading at $13.09, up 1.00% on the day with a market capitalization of $39.2 billion. The financial health score for PCG is 17/100, which indicates poor financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for PCG stock.
PCG Stock Analysis & Key Metrics
On PreMarketPrice, you can track PG&E Corporation (PCG) across multiple dimensions:
- Pre-market price & movement: Real-time PCG stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for PCG with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for PG&E Corporation across multiple reporting periods.
- Financial health score: A composite score of 17/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for PCG.
- Sector peers: Compare PCG against 6 other utilities stocks on key financial metrics.
Is PCG a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate PG&E Corporation (PCG) as an investment. The financial health score of 17/100 suggests poor financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.PG&E Corporation (PCG) trades on NYSE/NASDAQ. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.