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PG&E (NYSE:PCG) PB Ratio

: 1.82 (As of Today)
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The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2023-12-04), PG&E's share price is $17.27. PG&E's Book Value per Share for the quarter that ended in Sep. 2023 was $9.49. Hence, PG&E's PB Ratio of today is 1.82.

Warning Sign:

PG&E Corp stock PB Ratio (=1.84) is close to 10-year high of 1.94

The historical rank and industry rank for PG&E's PB Ratio or its related term are showing as below:

PCG' s PB Ratio Range Over the Past 10 Years
Min: 0.3   Med: 1.4   Max: 1.94
Current: 1.82

During the past 13 years, PG&E's highest PB Ratio was 1.94. The lowest was 0.30. And the median was 1.40.

PCG's PB Ratio is ranked worse than
62.57% of 505 companies
in the Utilities - Regulated industry
Industry Median: 1.40 vs PCG: 1.82

During the past 12 months, PG&E's average Book Value Per Share Growth Rate was -9.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 2.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -22.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -13.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of PG&E was 30.20% per year. The lowest was -35.00% per year. And the median was 3.20% per year.

Back to Basics: PB Ratio


PG&E PB Ratio Historical Data

The historical data trend for PG&E's PB 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.

* Premium members only.

PG&E Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
PB Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.98 1.12 0.98 1.19 1.58

PG&E Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
PB Ratio 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 Premium Member Only Premium Member Only Premium Member Only 1.19 1.58 1.64 1.78 1.70

Competitive Comparison

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

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

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



PG&E PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

PG&E's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2023)
=17.27/9.488
=1.82

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


PG&E  (NYSE:PCG) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


PG&E PB Ratio Related Terms

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


PG&E (NYSE:PCG) Business Description

Traded in Other Exchanges
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
Carolyn Jeanne Burke officer: EVP Finance C/O EXCELERATE ENERGY, INC., 2445 TECHNOLOGY FOREST BLVD., LEVEL 6, THE WOODLANDS TX 77381
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
Cheryl F. Campbell director C/O 77 BEALE ST., P.O. BOX 770000, SAN FRANCISCO CA 94177
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
Ajay Waghray officer: SVP & Chf Information Ofc C/O ASSURANT, INC., 28 LIBERTY STREET, 41 FL., NEW YORK NY 1
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
Carla J Peterman officer: EVP/Corp. Affairs & CSO 77 BEALE STREET, P.O. BOX 77000, SAN FRANCISCO CA 94177
Patricia K Poppe director, officer: Chief Executive Officer 77 BEALE STREET, POB 770000, SAN FRANCISCO CA 94177
Christopher A Foster officer: EVP & Chief Financial Officer 77 BEALE ST., P.O. BOX 770000, SAN FRANCISCO CA 94177
Jason M Glickman other: EVP of EPS of PG&E Company 77 BEALE STREET, PO BOX 770000, SAN FRANCISCO CA 94177