P/E ratio for Pacific Gas and Electric (PCG)
P/E ratio as of May 2024 (TTM): 20.3
According to Pacific Gas and Electric 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.2614. At the end of 2022 the company had a P/E ratio of 17.9.
P/E ratio history for Pacific Gas and Electric from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 17.9 | -107.36% |
| 2021 | -243 | 5530.05% |
| 2020 | -4.31 | 474.88% |
| 2019 | -0.7502 | -58.15% |
| 2018 | -1.79 | -112.79% |
| 2017 | 14.0 | -35.91% |
| 2016 | 21.9 | -26.02% |
| 2015 | 29.5 | 69.29% |
| 2014 | 17.5 | -20.7% |
| 2013 | 22.0 | 5.18% |
| 2012 | 20.9 | 6.62% |
| 2011 | 19.6 | 17.76% |
| 2010 | 16.7 | 20.96% |
| 2009 | 13.8 | 29.58% |
| 2008 | 10.6 | -31.14% |
| 2007 | 15.4 | -9.61% |
| 2006 | 17.1 | 10.47% |
| 2005 | 15.5 | -193.83% |
| 2004 | -16.5 | -212.77% |
| 2003 | 14.6 | 377.38% |
| 2002 | 3.06 | -55.28% |
| 2001 | 6.85 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 CMS Energy
CMS | 24.2 | 19.52% | 🇺🇸 USA |
 Dominion Energy D | 19.4 | -4.20% | 🇺🇸 USA |
 Edison International
EIX | 23.2 | 14.30% | 🇺🇸 USA |
 Sempra Energy SRE | 19.2 | -5.48% | 🇺🇸 USA |
 WEC Energy Group WEC | 18.6 | -8.02% | 🇺🇸 USA |
 Xcel Energy XEL | 17.0 | -16.10% | 🇺🇸 USA |
 Hawaiian Electric Industries HE | 5.09 | -74.90% | 🇺🇸 USA |
 Portland General Electric
POR | 19.5 | -3.67% | 🇺🇸 USA |
 NorthWestern Corporation
NWE | 17.0 | -16.34% | 🇺🇸 USA |
 Avista
AVA | 16.6 | -18.23% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.