Pacific Gas and Electric
PCG
#370
Rank
โ‚น4.407 T
Marketcap
โ‚น1,685
Share price
-0.89%
Change (1 day)
20.78%
Change (1 year)
Pacific Gas & Electric is an american provides natural gas and electricity to US customers.

P/E ratio for Pacific Gas and Electric (PCG)

P/E ratio as of November 2024 (TTM): 22.0

According to Pacific Gas and Electric 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.045. 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
202217.9-107.36%
2021-2435530.05%
2020-4.31474.88%
2019-0.7502-58.15%
2018-1.79-112.79%
201714.0-35.91%
201621.9-26.02%
201529.569.29%
201417.5-20.7%
201322.05.18%
201220.96.62%
201119.617.76%
201016.720.96%
200913.829.58%
200810.6-31.14%
200715.4-9.61%
200617.110.47%
200515.5-193.83%
2004-16.5-212.77%
200314.6377.38%
20023.06-55.28%
20016.85

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
25.3 14.57%๐Ÿ‡บ๐Ÿ‡ธ USA
20.7-6.06%๐Ÿ‡บ๐Ÿ‡ธ USA
21.2-3.93%๐Ÿ‡บ๐Ÿ‡ธ USA
21.9-0.71%๐Ÿ‡บ๐Ÿ‡ธ USA
20.7-5.94%๐Ÿ‡บ๐Ÿ‡ธ USA
16.6-24.56%๐Ÿ‡บ๐Ÿ‡ธ USA
27.0 22.59%๐Ÿ‡บ๐Ÿ‡ธ USA
4.89-77.84%๐Ÿ‡บ๐Ÿ‡ธ USA
22.1 0.25%๐Ÿ‡บ๐Ÿ‡ธ USA
17.6-20.01%๐Ÿ‡บ๐Ÿ‡ธ 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.