PG&EPCG -0.06%61 Cash Ratio is 0.09 as of Mar. 2026, which is 125% above its 10-year median of 0.04. GuruFocus rates PCG with a GF Score™ of 61/100 and a GF Value™ of $17.77 (Fairly Valued). The stock has 9 warning signs investors should review. Among 484 Utilities - Regulated companies, PG&E ranks worse than 82.44% on this metric.
The Cash Ratio measures a company’s ability to meet its short-term obligations with cash and near-cash resources. It is calculated as a company's Cash, Cash Equivalents, Marketable Securities divides by its Total Current Liabilities. PG&E's Cash Ratio for the quarter that ended in Mar. 2026 was 0.09.
PG&E has a Cash Ratio of 0.09. It indicates that there are more current liabilities than Cash, Cash Equivalents, Marketable Securities, and the company does not have sufficient cash on hand to pay off its short-term debt.
The historical rank and industry rank for PG&E's Cash Ratio or its related term are showing as below:
PCG'
s Cash Ratio Range Over the Past 10 Years
Min: 0.01 Med: 0.04 Max: 0.62
Current: 0.09
During the past 13 years, PG&E's highest Cash Ratio was 0.62. The lowest was 0.01. And the median was 0.04.
PCG's Cash Ratio is ranked worse than 82.44% of 484
companies
in the Utilities - Regulated industry
Industry Median: 0.35
vs PCG: 0.09
PG&E (NYSE:PCG) Cash Ratio Explanation
The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.
The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.
In general, the higher the cash ratio, the better the company's liquidity position.
PG&E Cash Ratio Related Terms
PG&E Cash Ratio Historical Data
* Premium members only.
The historical data trend for PG&E's Cash 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.
For the Utilities - Regulated Electric subindustry, PG&E's Cash Ratio, along with its competitors' market caps and Cash 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 Cash Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, PG&E's Cash Ratio distribution charts can be found below:
* The bar in red indicates where PG&E's Cash Ratio falls into.
* 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.
PG&E (PCG) has a Cash Ratio of 0.09 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on PG&E and its competitors. This is 125% above median its historical median of 0.04. Over the past decade, PG&E's Cash Ratio has ranged from 0.01 to 0.62. According to the industry distribution chart, PG&E ranks #399 out of 484 companies in the Utilities - Regulated industry, placing it in the top 82.4%.
Is PG&E's Cash Ratio too high?
PG&E's current Cash Ratio of 0.09 is 125% above median its 10-year median of 0.04. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.62. The Utilities - Regulated industry median Cash Ratio is 0.35. PG&E's value of 0.09 is 74.3% below this industry median. Based on the distribution chart, PG&E ranks #399 out of 484 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, PG&E has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PG&E's Cash Ratio compare to WEC and ED?
According to the Utilities - Regulated industry distribution chart, PG&E ranks #399 out of 484 companies for Cash Ratio. This places PG&E in the lower half of its industry. The industry median Cash Ratio is 0.35. PG&E's value of 0.09 is 74.3% below this benchmark. Historically, PG&E's own Cash Ratio has ranged from 0.01 to 0.62 over the past decade. While the company's 10-year median is 0.04 vs. the industry median of 0.35, PG&E has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Ratio for an Utilities - Regulated company?
The median Cash Ratio among Utilities - Regulated companies is 0.35, based on 484 companies in the industry. Companies in the top quartile (top 25%) have a Cash Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cash Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PG&E's current Cash Ratio of 0.09 is 74.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Ratio mean?
A high Cash Ratio can signal that a stock is expensive relative to its fundamentals. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on PG&E and its competitors. For the Utilities - Regulated industry, the median Cash Ratio is 0.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PG&E's current Cash Ratio is 0.09, which is 125% above median its own 10-year median of 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PG&E stock overvalued right now?
Based on GuruFocus' analysis, PG&E (PCG) is currently considered Fairly Valued. The stock's GF Value™ is $17.77, compared to a current price of $17.17 — trading 3.4% below its estimated fair value. The current Cash Ratio is 0.09, which is 125% above median its 10-year median of 0.04 and 74.3% below the Utilities - Regulated industry median of 0.35. PG&E's overall GF Score™ is 61/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Ratio calculated?
Cash Ratio is calculated from a company's financial statements. For PG&E (PCG), the current Cash Ratio is 0.09 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is PG&E (PCG) Overvalued in 2026?
Based on GuruFocus' analysis, PG&E stock appears to be undervalued.
The current stock price of $17.17 is trading 3.4% below its estimated GF Value™ of $17.77.
GuruFocus considers PG&E to be Fairly Valued.
Key valuation signals for PCG:
Cash Ratio: 0.09 (125% above median its 10-year median of 0.04)
GF Value™: $17.77 vs. price of $17.17 (3.4% below fair value)
Industry Position: 74.3% below the Utilities - Regulated median (#399 of 484)
No single metric tells the full story. See the PCG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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 in 2001-04 during California's energy crisis and in 2019-20 due to wildfire losses. In 2004, PG&E sold its unregulated assets as part of its first postbankruptcy reorganization.
61GF Score
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