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PG&E price to book ratio PCG

Market value divided by the book value of the company's net assets, since 2009.

Today, Oct 23, 2026
1.0×
10-year median
1.4×
Against its 10-year history
17th
percentile: 0 is its lowest day, 100 its highest
10-year range
0.2× to 5.9×
Peer median
2.1×

PG&E's price to book ratio is 1.0× as of Oct 23, 2026.

That is below its ten-year median of 1.4×, lower than on 83% of days in the last ten years.

Over that time it ranged from 0.2× in Jan 2019 to 5.9× in Oct 2020.

The median for 10 electric utilities of a similar size is 2.1×.

Price to book ratio over time

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

YearEnd of yearLowHigh
2026 so far1.0×1.0×1.6×
20251.3×1.2×2.0×
20242.0×1.7×2.1×
20232.0×1.7×2.0×
20221.8×1.1×1.8×
20211.5×0.9×1.5×
20201.2×0.6×5.9×
20190.6×0.2×1.0×
20180.6×0.6×1.3×
20171.2×1.2×1.9×
20161.8×1.5×1.9×
20151.6×1.4×1.8×
20141.6×1.3×1.6×
20131.3×1.3×1.6×
20121.3×1.3×1.5×
20111.3×1.2×1.6×
20101.6×1.5×1.6×
20091.6×1.5×1.7×

Against its peers

Companies in Regulated Electric nearest PG&E's size, closest first, today.

CompanyPrice to book ratio
PCGPG&E1.0×
PEGPublic Service Enterprise2.1×
WECWEC Energy2.6×
AEEAmeren2.2×
DTEDTE Energy2.3×
CNPCenterPoint Energy2.3×
EDConsolidated Edison1.7×
FEFirstEnergy2.1×
PPLPPL1.7×
ESEversource Energy1.6×
EXCExelon1.5×
Peer median2.1×

What the price to book ratio tells you

Market value divided by the accounting value of the company's net assets. Below 1 means the market values the business at less than what it owns on paper.

Book value misses brands, software and people, so asset-light companies always look expensive on it. Most useful for banks and industrials.

More on PG&E

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.