U.S. Markets closed

PG&E’s Current Valuation Compared to Its Peers

Vincent Kruger
PG&E’s Current Valuation Compared to Its Peers

PG&E (PCG) stock is trading at a forward PE ratio of 12x based on its estimated earnings for 2019. The company’s five-year historical PE ratio is at 20x. Peers’ average forward PE ratio is ~14x. PG&E stock seems to be trading at a discounted valuation compared to peers and its historical average.