GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » PG&E Corp (WBO:PCG) » Definitions » Shiller PE Ratio

PG&E (WBO:PCG) Shiller PE Ratio : (As of May. 22, 2024)


View and export this data going back to 2022. Start your Free Trial

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.

* Premium members only.

PG&E Shiller PE Ratio Chart

PG&E Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

PG&E Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Shiller PE Ratio 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 - - - - -

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 Mar. 2024 is calculated as:

For example, PG&E's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.313/131.7762*131.7762
=0.313

Current CPI (Mar. 2024) = 131.7762.

PG&E Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.420 100.560 0.550
201409 1.327 100.428 1.741
201412 0.219 99.070 0.291
201503 0.055 99.621 0.073
201506 0.740 100.684 0.969
201509 0.561 100.392 0.736
201512 0.239 99.792 0.316
201603 0.198 100.470 0.260
201606 0.365 101.688 0.473
201609 0.686 101.861 0.887
201612 1.308 101.863 1.692
201703 1.057 102.862 1.354
201706 0.703 103.349 0.896
201709 0.898 104.136 1.136
201712 0.177 104.011 0.224
201803 0.697 105.290 0.872
201806 -1.635 106.317 -2.027
201809 0.934 106.507 1.156
201812 -11.682 105.998 -14.523
201903 0.221 107.251 0.272
201906 -4.275 108.070 -5.213
201909 -2.778 108.329 -3.379
201912 -6.165 108.420 -7.493
202003 0.516 108.902 0.624
202006 -3.312 108.767 -4.013
202009 0.034 109.815 0.041
202012 0.083 109.897 0.100
202103 0.050 111.754 0.059
202106 0.149 114.631 0.171
202109 -0.468 115.734 -0.533
202112 0.212 117.630 0.237
202203 0.200 121.301 0.217
202206 0.161 125.017 0.170
202209 0.212 125.227 0.223
202212 0.227 125.222 0.239
202303 0.252 127.348 0.261
202306 0.175 128.729 0.179
202309 0.150 129.860 0.152
202312 0.394 129.419 0.401
202403 0.313 131.776 0.313

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  (WBO: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 (WBO: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.