PG&E forward PE PCG
Share price divided by analysts' consensus earnings for the next twelve months, since 1996.
- Today, Oct 23, 2026
- 7.5×
- 10-year median
- 11.4×
- Against its 10-year history
- 17th
- percentile: 0 is its lowest day, 100 its highest
- 10-year range
- 1.4× to 21.5×
- Peer median
- 16.5×
PG&E's forward PE is 7.5× as of Oct 23, 2026.
That is below its ten-year median of 11.4×, lower than on 83% of days in the last ten years.
Over that time it ranged from 1.4× in Oct 2019 to 21.5× in Mar 2017.
The median for 10 electric utilities of a similar size is 16.5×.
Forward PE over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 7.5× | 7.3× | 12.1× |
| 2025 | 10.2× | 8.9× | 14.7× |
| 2024 | 14.5× | 11.3× | 15.7× |
| 2023 | 12.6× | 11.0× | 15.1× |
| 2022 | 15.3× | 8.9× | 15.3× |
| 2021 | 11.4× | 8.0× | 12.1× |
| 2020 | 12.4× | 3.1× | 12.6× |
| 2019 | 3.7× | 1.4× | 6.8× |
| 2018 | 6.7× | 6.4× | 13.3× |
| 2017 | 11.3× | 11.2× | 21.5× |
| 2016 | 16.5× | 13.5× | 17.6× |
| 2015 | 16.6× | 15.7× | 19.6× |
| 2014 | 18.3× | 12.9× | 18.3× |
| 2013 | 13.1× | 13.1× | 19.5× |
| 2012 | 15.0× | 13.1× | 16.3× |
| 2011 | 13.4× | 11.7× | 13.4× |
| 2010 | 13.2× | 12.1× | 14.5× |
| 2009 | 14.4× | 11.2× | 14.7× |
| 2008 | 12.3× | 9.5× | 15.1× |
| 2007 | 14.6× | 14.5× | 19.6× |
Against its peers
Companies in Regulated Electric nearest PG&E's size, closest first, today.
| Company | Forward PE |
|---|---|
| PCGPG&E | 7.5× |
| PEGPublic Service Enterprise | 16.1× |
| WECWEC Energy | 20.7× |
| AEEAmeren | 19.6× |
| DTEDTE Energy | 16.2× |
| CNPCenterPoint Energy | 20.5× |
| EDConsolidated Edison | 18.3× |
| FEFirstEnergy | 16.1× |
| PPLPPL | 16.9× |
| ESEversource Energy | 14.3× |
| EXCExelon | 15.1× |
| Peer median | 16.5× |
Where PG&E ranks
What the forward PE tells you
Price divided by what analysts expect the company to earn over the next twelve months. It answers "what am I paying for next year" instead of last year.
Estimates are opinions. When forward PE is far below trailing PE, analysts expect a big jump in earnings. If that jump slips, the stock was not as cheap as it looked.
More on PG&E
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.