PG&E Corporation (PCG) Valuation

Historical valuation analysis based on 1279 data points (2021-09-14 to 2026-10-16)

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 5.7 million electricity customers and 4.6 m...

PG&E Corporation (PCG) currently trades at a P/E ratio of 9.43 (historical range: 8.61–140.57, median: 16.20), placing it at the 1th percentile — cheap relative to its history, P/S ratio of 1.12 (range: 0.95–1.87, 7th percentile — cheap relative to its history), EV/EBITDA of 17.07 (range: 17.01–55.90, 0th percentile).

Over the historical period (2021-09-14 to 2026-10-16), PG&E Corporation's P/E ratio has contracted by 66% over the observed period (from an average of 41.8 to 14.1).

PG&E Corporation trades well below its historical valuation range across most metrics.

Historical Valuation Metrics

MetricCurrentMedian%ileAssessment
P/E Ratio9.4316.201thcheap relative to its history
P/S Ratio1.121.497thcheap relative to its history
EV/EBITDA17.0728.950thcheap relative to its history
Current Price: $13.06
Market Cap: $39.2B
Sector: Utilities

PG&E Corporation (PCG) Valuation & P/E History

PG&E Corporation (PCG) is a US-listed stock operating in the Utilities sector, specifically the Electric & Other Services Combined industry currently trading at $13.06 with a market capitalization of $39.2 billion. This page provides historical valuation analysis for PCG based on 1279 data points covering 2021-09-14 to 2026-10-16. The P/E ratio of 9.43 is below the historical median of 16.20, placing PCG at the 1th percentile of its valuation range. The P/S ratio of 1.12 compares to a median of 1.49.

PCG Valuation Metrics & Historical Range

The valuation table above shows PG&E Corporation's current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether PCG is currently trading above or below its typical valuation levels.

  • P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests PCG is expensively valued; below the median suggests it is cheap.
  • P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
  • EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for PG&E Corporation.
  • FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.

Is PCG Overvalued or Undervalued?

PG&E Corporation trades well below its historical valuation range across most metrics. The overall valuation percentile of 3 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive PCG is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.

However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full PCG analysis page for a complete picture.

Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.PCG trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.

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