PG&E currently trades with a PEG ratio of 0.7, based on Jun 22, 2026 data. Dividing the 12.89 PE ratio by the 18.3% earnings growth rate produces this figure.
Historically, PG&E has a PEG ratio averaging 1.28 across the last ten years. At 0.7, today's PEG ratio sits 45% 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.
| 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% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 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% |
| Dec 2022 | 0.01 | 17.87 | 1,920% |
| Sep 2022 | 0.03 | 14.04 | 456.3% |
When comparing to historical data, PCG's PEG ratio is lower than the 3, 5 and 10-year averages.
With a PEG of 0.7, PCG stands lower than the Utilities sector, the industry and its peers average. Looking at the Utilities sector average of 1.29, PG&E's PEG is 46% lower.
Relative to its peers, PCG's PEG ratio is lower than D's and XEL's yet above EIX's and HE's. With a PEG ratio of 0.7, PG&E is lower than the 1.26 peer average.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| HE Hawaiian Electric Industries Inc | 0.16 | $2.22B |
| EIX Edison International | 0.26 | $27.78B |
| PCG PG&E Corp | 0.7 | $36.62B |
| D Dominion Energy Inc | 0.71 | $59.84B |
| AVA Avista Corp | 2.33 | $3.28B |
| CMS Cms Energy Corp | 2.86 | $22.8B |
| XEL Xcel Energy Inc | 8.68 | $49.2B |
| POR Portland General Electric Co | N/A | $5.81B |
| SRE Sempra Energy | N/A | $59.89B |
| WEC Wec Energy Group Inc | N/A | $36.82B |
| NWE Northwestern Corp | N/A | $4.3B |
According to Jun 22, 2026 figures, PCG's PEG ratio stands at 0.7.
Historical data over a 3-year period puts PCG's average PEG ratio at 2.47.
Historical data over a 5-year period puts PCG's average PEG ratio at 1.6.
PCG's PEG ratio topped out at 8.06 during the Sep 2023 quarter - the highest in ten years.
Compared to the 10-year average, PCG's PEG ratio stands 45% lower.
PEG equals PE divided by earnings per share growth (YoY TTM). As of Jun 22, 2026, PG&E has a PE ratio of 12.89. Earnings grew at 18.3% over the TTM period ending Mar 2026. Applying the formula, this gives a PEG ratio of 0.7. PEG RATIO(0.7) = PE RATIO(12.89) / EPS GROWTH(18.3%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.