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PG&E Stock: Is the Valuation Attractive?

Vincent Kruger
PG&E Stock: Is the Valuation Attractive?

PG&E (PCG) is trading at a forward PE ratio of 12x—based on the estimated EPS in 2019. PG&E’s ratio is lower than its peers’ average forward PE ratio of 14x. Also, PG&E’s five-year historical PE ratio is ~20x.