PG&E (MEX:PCG) Cyclically Adjusted Book per Share: MXN385.13 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:PCG PG&E Corp MEX:PCG
64 GF Score
Price MXN293.15
GF Value MXN290.21
Valuation Fairly Valued
! 9 Warning Signs
View Full Analysis

What is PG&E Cyclically Adjusted Book per Share?

PG&E MEX:PCG 64 Cyclically Adjusted Book per Share is MXN385.13 as of Jun. 2026. GuruFocus rates MEX:PCG with a GF Score™ of 64/100 and a GF Value™ of MXN290.21 (Fairly Valued). The stock has 9 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

PG&E's adjusted book value per share for the three months ended in Jun. 2026 was MXN187.847. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is MXN385.13 for the trailing ten years ended in Jun. 2026.

During the past 12 months, PG&E's average Cyclically Adjusted Book Growth Rate was -9.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -7.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -5.60% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -2.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of PG&E was 9.60% per year. The lowest was -7.90% per year. And the median was 1.30% per year.

As of today (2026-08-17), PG&E's current stock price is MXN293.15. PG&E's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN385.13. PG&E's Cyclically Adjusted PB Ratio of today is 0.76.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PG&E was 2.19. The lowest was 0.15. And the median was 0.59.


PG&E  (MEX:PCG) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

PG&E's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=293.15/385.13
=0.76

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of PG&E was 2.19. The lowest was 0.15. And the median was 0.59.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


PG&E Cyclically Adjusted Book per Share Related Terms


PG&E Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for PG&E's Cyclically Adjusted Book per Share 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.

PG&E Cyclically Adjusted Book per Share Chart

PG&E Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 528.98 451.61 527.85 408.34

PG&E Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 468.52 436.86 408.34 427.97 385.13

MEX:PCG vs D, ETR, XEL: Cyclically Adjusted Book per Share Comparison

For the Utilities - Regulated Electric subindustry, PG&E's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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 Cyclically Adjusted PB Ratio vs Utilities - Regulated Industry

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

* The bar in red indicates where PG&E's Cyclically Adjusted PB Ratio falls into.


MEX:PCG
64GF Score
PG&E Corp MEX:PCG
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PG&E Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

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.

For example, PG&E's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=187.847/333.9520*333.9520
=187.847

Current CPI (Jun. 2026) = 333.9520.

PG&E Quarterly Data

Book Value per Share CPI Adj_Book
201609 664.210 241.428 918.759
201612 729.680 241.432 1,009.303
201703 676.776 243.801 927.029
201706 657.760 244.955 896.737
201709 672.338 246.819 909.689
201712 733.301 246.524 993.361
201803 694.694 249.554 929.636
201806 714.727 251.989 947.202
201809 703.342 252.439 930.452
201812 477.386 251.233 634.566
201903 472.002 254.202 620.082
201906 375.377 256.143 489.406
201909 325.993 256.759 424.001
201912 183.028 256.974 237.855
202003 243.736 258.115 315.348
202006 154.623 257.797 200.300
202009 231.667 260.280 297.240
202012 210.488 260.474 269.865
202103 217.549 264.877 274.282
202106 216.048 271.696 265.553
202109 212.055 274.310 258.161
202112 216.681 278.802 259.543
202203 214.310 287.504 248.933
202206 220.313 296.311 248.300
202209 225.002 296.808 253.160
202212 223.846 296.797 251.869
202303 210.743 301.836 233.167
202306 197.496 305.109 216.166
202309 197.024 307.789 213.772
202312 199.211 306.746 216.879
202403 199.816 312.332 213.648
202406 225.014 314.175 239.178
202409 247.185 315.301 261.807
202412 271.633 315.605 287.424
202503 270.947 319.799 282.938
202506 253.648 322.561 262.605
202509 253.725 324.800 260.874
202512 253.635 324.054 261.382
202603 259.335 330.213 262.271
202606 187.847 333.952 187.847

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of MXN385.13 mean?
PG&E (MEX:PCG) has a Cyclically Adjusted Book per Share of MXN385.13 as of Jun. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on PG&E and its competitors.
Is PG&E's Cyclically Adjusted Book per Share too high?
PG&E's current Cyclically Adjusted Book per Share is MXN385.13. Overall, PG&E has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PG&E's Cyclically Adjusted Book per Share compare to D and ETR?
PG&E's Cyclically Adjusted Book per Share of MXN385.13 can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for an Utilities - Regulated company?
A good Cyclically Adjusted Book per Share depends on the Utilities - Regulated industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on PG&E and its competitors. PG&E's current Cyclically Adjusted Book per Share is MXN385.13. 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 (MEX:PCG) is currently considered Fairly Valued. The stock's GF Value™ is MXN290.21, compared to a current price of MXN293.15 — trading 1% above its estimated fair value. The current Cyclically Adjusted Book per Share is MXN385.13. PG&E's overall GF Score™ is 64/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For PG&E (MEX:PCG), the current Cyclically Adjusted Book per Share is MXN385.13 as of Jun. 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 (MEX:PCG) Overvalued in 2026?

Based on GuruFocus' analysis, PG&E stock appears to be overvalued. The current stock price of MXN293.15 is trading 1% above its estimated GF Value™ of MXN290.21. GuruFocus considers PG&E to be Fairly Valued.

Key valuation signals for MEX:PCG:

  • Cyclically Adjusted Book per Share: MXN385.13
  • GF Value™: MXN290.21 vs. price of MXN293.15 (1% above fair value)
  • GF Score™: 64/100 with 9 warning signs

No single metric tells the full story. See the MEX:PCG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PG&E 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 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.
64GF Score

Get the complete analysis for MEX:PCG

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN293.15
Price
MXN290.21
GF Value