PG&E currently trades with a PEG ratio of 0.73, based on Nov 2, 2026 data. Dividing the 9.84 PE ratio by the 13.4% earnings growth rate produces this figure. Relative to the 2.47 average from the past four quarters, the PEG ratio has dropped by 70%.
PCG PEG ratio history
Historically, PG&E has a PEG ratio averaging 1.22 across the last ten years. At 0.73, today's PEG ratio sits 40% less than its historical average. The ten years high came in the Sep 2023 quarter at 8.06, reflecting peak valuation relative to growth. The bottom was reached in the Dec 2022 quarter at 0.01, suggesting attractive value relative to growth during that period.
PG&E PEG ratio by year
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 8.01 | 13.62 | 1.7% |
| 2024 | 2.72 | 17.4 | 6.4% |
| 2023 | 0.84 | 16.54 | 19.8% |
| 2022 | 0.01 | 17.87 | 1,920% |
| 2021 | N/A | N/A | 95.2% |
| 2020 | N/A | N/A | 92.8% |
| 2019 | N/A | N/A | -9.4% |
| 2018 | N/A | N/A | -512.8% |
| 2017 | 0.93 | 13.97 | 15.1% |
| 2016 | 0.4 | 21.78 | 54.1% |
| 2015 | N/A | 29.39 | -41% |
| 2014 | 0.26 | 17.34 | 67.8% |
| 2013 | N/A | 22.01 | -4.7% |
| 2012 | N/A | 20.93 | -8.6% |
| 2011 | N/A | 19.63 | -26.6% |
PG&E PEG ratio by quarter (TTM)
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Sep 2026 | 0.68 | 9.07 | 13.4% |
| Jun 2026 | 0.46 | 12.19 | 26.6% |
| Mar 2026 | 0.74 | 13.62 | 18.3% |
| Dec 2025 | 8.01 | 13.62 | 1.7% |
| Sep 2025 | N/A | 12.67 | -7.8% |
| Jun 2025 | N/A | 12.79 | -7.6% |
| Mar 2025 | N/A | 15.76 | -4.4% |
| Dec 2024 | 2.72 | 17.4 | 6.4% |
| Sep 2024 | 0.37 | 15.33 | 41.8% |
| Jun 2024 | 0.73 | 14.8 | 20.4% |
| Mar 2024 | 0.78 | 14.7 | 18.8% |
| Dec 2023 | 0.84 | 16.54 | 19.8% |
| Sep 2023 | 8.06 | 17.73 | 2.2% |
| Jun 2023 | 0.02 | 17.63 | 790.9% |
| Mar 2023 | 0.03 | 16.84 | 638.5% |
PCG average PEG ratio chart
When comparing to historical data, PCG's PEG ratio is lower than the 3, 5 and 10-year averages.
PEG comparison
With a PEG of 0.73, PCG stands lower than the Utilities sector, the industry and its peers average. Looking at the Utilities sector average of 1.25, PG&E's PEG is 42% lower.
PCG EPS growth
PCG Price vs fair value
PCG PEG vs peers
Relative to its peers, PCG's PEG ratio is lower than D's and WEC's yet above XEL's and EIX's. With a PEG ratio of 0.73, PG&E is lower than the 1.27 peer average.
Frequently asked questions
What is PG&E's PEG ratio?
According to Nov 2, 2026 figures, PCG's PEG ratio stands at 0.73.
What is the 3-year average PEG ratio for PG&E (PCG)?
Historical data over a 3-year period puts PCG's average PEG ratio at 1.7.
What is the 5-year average PEG ratio for PG&E (PCG)?
Historical data over a 5-year period puts PCG's average PEG ratio at 1.62.
What is the highest PEG ratio for PCG?
PCG's PEG ratio topped out at 8.06 during the Sep 2023 quarter - the highest in ten years.
How does the current PEG ratio for PCG compare to its historical average?
Compared to the 10-year average, PCG's PEG ratio stands 40% lower.
How is PCG's PEG ratio calculated (PG&E PEG ratio formula)?
PEG equals PE divided by earnings per share growth (YoY TTM). As of Nov 2, 2026, PG&E has a PE ratio of 9.84. Earnings grew at 13.4% over the TTM period ending Sep 2026. Applying the formula, this gives a PEG ratio of 0.73. PEG RATIO(0.73) = PE RATIO(9.84) / EPS GROWTH(13.4%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.