P/E ratio for Pacific Gas and Electric (PCG)
P/E ratio as of June 2023 (TTM): 17.7
According to Pacific Gas and Electric 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.7287. At the end of 2021 the company had a P/E ratio of -241.
P/E ratio history for Pacific Gas and Electric from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | -241 | 1954.05% |
| 2020 | -11.8 | 1477.87% |
| 2019 | -0.7448 | -58.53% |
| 2018 | -1.80 | -112.86% |
| 2017 | 14.0 | -35.88% |
| 2016 | 21.8 | -26.88% |
| 2015 | 29.8 | 68.49% |
| 2014 | 17.7 | -19.65% |
| 2013 | 22.0 | 3.43% |
| 2012 | 21.3 | 8.39% |
| 2011 | 19.6 | 17.71% |
| 2010 | 16.7 | 19.37% |
| 2009 | 14.0 | 33.6% |
| 2008 | 10.5 | -32.55% |
| 2007 | 15.5 | -8.95% |
| 2006 | 17.0 | 10.08% |
| 2005 | 15.5 | 401.17% |
| 2004 | 3.09 | -87.96% |
| 2003 | 25.6 | -543.02% |
| 2002 | -5.78 | -190.1% |
| 2001 | 6.42 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 CMS Energy
CMS | 20.5 | 15.64% | 🇺🇸 USA |
 Dominion Energy D | 33.9 | 91.02% | 🇺🇸 USA |
 Edison International
EIX | 50.1 | 182.75% | 🇺🇸 USA |
 Sempra Energy SRE | 18.6 | 4.66% | 🇺🇸 USA |
 WEC Energy Group WEC | 20.4 | 14.83% | 🇺🇸 USA |
 Xcel Energy XEL | 19.9 | 12.01% | 🇺🇸 USA |
 Hawaiian Electric Industries HE | 17.8 | 0.28% | 🇺🇸 USA |
 Portland General Electric
POR | 17.4 | -1.71% | 🇺🇸 USA |
 NorthWestern Corporation
NWE | 20.6 | 16.12% | 🇺🇸 USA |
 Avista
AVA | 23.0 | 29.73% | 🇺🇸 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.