PG&E currently trades with a PEG ratio of 0.47, based on Jul 31, 2026 data. Dividing the 12.59 PE ratio by the 26.6% earnings growth rate produces this figure.
PCG PEG ratio history
Historically, PG&E has a PEG ratio averaging 1.24 across the last ten years. At 0.47, today's PEG ratio sits 62% 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 |
|---|---|---|---|
| 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% |
| Dec 2022 | 0.01 | 17.87 | 1,920% |
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 0.47, PCG stands lower than the Utilities sector and the industry average. Looking at the Utilities sector average of 1.51, PG&E's PEG is 69% lower.
PCG EPS growth
PCG Price vs fair value
PCG PEG vs peers
Relative to its peers, PCG's PEG ratio is lower than XEL's and AVA's yet above EIX's and HE's.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| HE Hawaiian Electric Industries Inc | 0.16 | $2.21B |
| EIX Edison International | 0.18 | $28.05B |
| PCG PG&E Corp | 0.47 | $46.03B |
| AVA Avista Corp | 2.3 | $3.25B |
| XEL Xcel Energy Inc | 15.21 | $48.83B |
| POR Portland General Electric Co | N/A | $5.93B |
| D Dominion Energy Inc | N/A | $60.6B |
| SRE Sempra | N/A | $57.91B |
| CMS CMS Energy Corporation | N/A | $22.54B |
| WEC WEC Energy Group Inc | N/A | $35.79B |
| NWE NorthWestern Energy Group Inc | N/A | $4.27B |
Frequently asked questions
What is PG&E's PEG ratio?
According to Jul 31, 2026 figures, PCG's PEG ratio stands at 0.47.
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 2.52.
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 62% lower.
Why is PG&E's PEG ratio so low?
Rapid earnings growth combined with a modest valuation gives PCG a PEG ratio of 0.47.
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 Jul 31, 2026, PG&E has a PE ratio of 12.59. Earnings grew at 26.6% over the TTM period ending Jun 2026. Applying the formula, this gives a PEG ratio of 0.47. PEG RATIO(0.47) = PE RATIO(12.59) / EPS GROWTH(26.6%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.