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PG&E (PCG) Shiller PE Ratio : (As of Apr. 25, 2024)


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What is PG&E Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


PG&E Shiller PE Ratio Historical Data

The historical data trend for PG&E's Shiller PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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PG&E Shiller PE Ratio Chart

PG&E Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
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PG&E Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of PG&E's Shiller PE Ratio

For the Utilities - Regulated Electric subindustry, PG&E's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


PG&E's Shiller PE Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, PG&E's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where PG&E's Shiller PE Ratio falls into.



PG&E Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

PG&E's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, PG&E's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.43/129.4194*129.4194
=0.430

Current CPI (Dec. 2023) = 129.4194.

PG&E Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.490 99.695 0.636
201406 0.570 100.560 0.734
201409 1.710 100.428 2.204
201412 0.270 99.070 0.353
201503 0.060 99.621 0.078
201506 0.830 100.684 1.067
201509 0.630 100.392 0.812
201512 0.260 99.792 0.337
201603 0.220 100.470 0.283
201606 0.410 101.688 0.522
201609 0.770 101.861 0.978
201612 1.380 101.863 1.753
201703 1.130 102.862 1.422
201706 0.790 103.349 0.989
201709 1.070 104.136 1.330
201712 0.210 104.011 0.261
201803 0.860 105.290 1.057
201806 -1.910 106.317 -2.325
201809 1.090 106.507 1.324
201812 -13.290 105.998 -16.227
201903 0.250 107.251 0.302
201906 -4.830 108.070 -5.784
201909 -3.060 108.329 -3.656
201912 -6.850 108.420 -8.177
202003 0.570 108.902 0.677
202006 -3.730 108.767 -4.438
202009 0.040 109.815 0.047
202012 0.101 109.897 0.119
202103 0.060 111.754 0.069
202106 0.180 114.631 0.203
202109 -0.550 115.734 -0.615
202112 0.240 117.630 0.264
202203 0.220 121.301 0.235
202206 0.170 125.017 0.176
202209 0.210 125.227 0.217
202212 0.240 125.222 0.248
202303 0.270 127.348 0.274
202306 0.190 128.729 0.191
202309 0.160 129.860 0.159
202312 0.430 129.419 0.430

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


PG&E  (NYSE:PCG) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


PG&E Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of PG&E's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


PG&E (PCG) Business Description

Address
300 Lakeside Drive, Oakland, CA, USA, 94612
PG&E is a holding company whose main subsidiary is Pacific Gas and Electric, a regulated utility operating in Central and Northern California that serves 5.3 million electricity customers and 4.6 million gas customers in 47 of the state's 58 counties. PG&E operated under bankruptcy court supervision between January 2019 and June 2020. In 2004, PG&E sold its unregulated assets as part of an earlier postbankruptcy reorganization.
Executives
Cheryl F. Campbell director C/O 77 BEALE ST., P.O. BOX 770000, SAN FRANCISCO CA 94177
Carolyn Jeanne Burke officer: EVP Finance C/O EXCELERATE ENERGY, INC., 2445 TECHNOLOGY FOREST BLVD., LEVEL 6, THE WOODLANDS TX 77381
Patricia K Poppe director, officer: Chief Executive Officer 77 BEALE STREET, POB 770000, SAN FRANCISCO CA 94177
Edward G Cannizzaro director 5130 HACIENDA DRIVE, DUBLIN CA 94568
Stephanie N Williams officer: VP and Controller 77 BEALE STREET, PO BOX 77000, SAN FRANCISCO CA 94177
Pg&e Fire Victim Trust 10 percent owner TWO EMBARCADERO CENTER, SUITE 1500, SAN FRANCISCO CA 94111
William Lloyd Smith director 46429 LANDING PARKWAY, FREMONT CA 94538
Marlene Santos other: EVP, CCO at PG&E Company 77 BEALE STREET, P.O. BOX 770000, SAN FRANCISCO CA 94117
Carlos M Hernandez director
Adam L Wright other: EVP, Ops & COO at PG&E Company 77 BEALE STREET, P.O. BOX 770000, SAN FRANCISCO CA 94177
Julius Cox officer: EVP/Ppl, Shrd Svcs & Spply Chn 77 BEALE STREET, POB 770000, SAN FRANCISCO CA 94177
Sumeet Singh officer: EVP/CRO & Chf Safety Ofc 77 BEALE STREET, PO BOX 770000, SAN FRANCISCO CA 94177
Ajay Waghray officer: SVP & Chf Information Ofc C/O ASSURANT, INC., 28 LIBERTY STREET, 41 FL., NEW YORK NY 1
Carla J Peterman officer: EVP/Corp. Affairs & CSO 77 BEALE STREET, P.O. BOX 77000, SAN FRANCISCO CA 94177
Christopher A Foster officer: EVP & Chief Financial Officer 77 BEALE ST., P.O. BOX 770000, SAN FRANCISCO CA 94177