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PG&E's System Growth, Wildfire Safety Support Big Investment Plan
With PG&E's 2019-20 bankruptcy well behind it, the company is entering a period of huge growth potential.
PG&E Corp PCG
Bulls Say, Bears Say
Bulls
California's core utility ratemaking structures are constructive with usage-decoupled revenue, annual rate true-up adjustments, and forward-looking rate setting.
Bears
PG&E depends almost entirely on regulators to approve rate hikes to ensure its large investment plan results in earnings growth.
News
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California Climate Credit Brings Summer Bill Relief to PG&E Customers
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/U P D A T E — Pacific Gas and Electric Company/
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PG&E Surpasses 2030 Methane Reduction Goal Five Years Ahead of Plan
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PG&E Corporation Schedules Second Quarter 2026 Earnings Release and Conference Call
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Matching Energy Bill Relief Available: Apply for PG&E's Match My Payment Program While Funds Last
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PG&E Warns Customers About Emerging "Barcode Scam:" Here's What You Should Know
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Cool Wins: PG&E Offers Customers Simple Steps for Summer Energy Savings
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Applications Now Open for PG&E and California Fire Foundation Wildfire Preparedness Grants
Articles & Videos
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The Best Utilities Stocks to Buy
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Weekly Market Update: Stocks Gain 4.62% to Hit New All-Time High as Tech Rises, Energy Falls
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What’s Happening in the Markets This Week
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Weekly Market Update: Stocks End Week Flat as Consumer Defensives Rise and Consumer Cyclicals Fall
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As Climate Shifts, Wildfire Risks Rise for Companies and Investors
Trading Information
- Previous Close Price
- $17.32
- Day Range
- $17.29–17.49
- 52-Week Range
- $13.32–19.16
- Bid/Ask
- $17.31 / $17.49
- Shares Outstanding
- 2.20B
- Market Cap
- $38.38B
- Volume/Avg
- 510 / 19M
Key Statistics
- Price/Earnings (Normalized)
- 10.89
- Price/Sales
- 1.50
- Dividend Yield (Trailing)
- 1.00%
- Dividend Yield (Forward)
- 1.15%
- Total Yield
- 1.00%
Company Profile
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 5.3 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.
- Sector
- Utilities
- Industry
- Utilities - Regulated Electric
- Stock Style Box
- Mid Value
- Total Number of Employees
- 29,000
- Website
- https://www.pgecorp.com
Competitors
Valuation
|
Metric
|
PCG
|
SRE
|
POR
|
|---|---|---|---|
Price/Earnings (Normalized) | 10.89 | 18.93 | 20.56 |
Price/Book Value | 1.21 | 1.84 | 1.47 |
Price/Sales | 1.50 | 4.38 | 1.67 |
Price/Cash Flow | 4.42 | 10.08 | 5.65 |
Price/Earnings
PCG
SRE
POR
Financial Strength
|
Metric
|
PCG
|
SRE
|
POR
|
|---|---|---|---|
Quick Ratio | 0.92 | 0.13 | 0.44 |
Current Ratio | 1.20 | 1.69 | 1.09 |
Interest Coverage | 1.69 | 1.79 | 2.23 |
Quick Ratio
PCG
SRE
POR
Profitability
|
Metric
|
PCG
|
SRE
|
POR
|
|---|---|---|---|
Return on Assets (Normalized) | 2.58% | 2.96% | 2.34% |
Return on Equity (Normalized) | 11.81% | 10.04% | 7.64% |
Return on Invested Capital (Normalized) | 6.04% | 5.44% | 5.65% |
Return on Assets
PCG
SRE
POR
Utilities - Regulated Electric Industry Comparables
|
1-Day Chart
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United States