(PCG) PG&E - Ratings and Ratios
Electricity, Natural Gas
Dividends
| Dividend Yield | 0.65% |
| Yield on Cost 5y | 0.81% |
| Yield CAGR 5y | 450.00% |
| Payout Consistency | 74.6% |
| Payout Ratio | 6.9% |
| Risk via 10d forecast | |
|---|---|
| Volatility | 27.0% |
| Value at Risk 5%th | 44.6% |
| Relative Tail Risk | 0.15% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -1.06 |
| Alpha | -39.48 |
| CAGR/Max DD | 0.00 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.572 |
| Beta | 0.595 |
| Beta Downside | 0.490 |
| Drawdowns 3y | |
|---|---|
| Max DD | 39.63% |
| Mean DD | 11.38% |
| Median DD | 6.58% |
Description: PCG PG&E October 14, 2025
PG&E Corporation (NYSE: PCG) operates through its subsidiary Pacific Gas and Electric Company, delivering electricity and natural gas to residential, commercial, industrial, and agricultural customers across northern and central California. Its generation mix includes nuclear, hydroelectric, fossil-fuel-fired, fuel-cell, and photovoltaic assets, while its infrastructure portfolio spans high-voltage transmission lines, substations, distribution networks, and a full natural-gas pipeline and storage system.
Key financial metrics (FY 2023) show revenue of roughly $21.5 billion, an operating margin of 4.1 %, and a net loss of $2.3 billion driven largely by legacy wildfire liability settlements and ongoing regulatory capital requirements. The balance sheet carries approximately $70 billion of long-term debt, giving a debt-to-EBITDA ratio near 5.5×, which is high for the regulated-utility sector and underscores the importance of credit-rating trends in assessing risk.
Sector-level drivers that materially affect PG&E’s outlook include California’s 2030 renewable-energy target (40 % renewable generation by 2030, 100 % carbon-free by 2045) and the state’s aggressive climate-policy agenda, which pushes utilities toward grid-modernization, battery storage, and demand-response programs. Additionally, the region’s exposure to extreme weather events raises the probability of future wildfire-related claims, a factor that regulators are increasingly pricing into rate cases.
Assuming the company successfully executes its $5 billion capital-investment plan for grid hardening and renewable integration, its long-run earnings-before-interest-tax-depreciation-amortization (EBITDA) could improve by 1–2 % annually, but this hinges on the outcome of pending rate-case settlements and the pace of wildfire-risk mitigation.
For a deeper, data-driven assessment of PG&E’s risk-adjusted valuation and how its capital structure compares to peers, you may find ValueRay’s analytical dashboards useful.
Piotroski VR‑10 (Strict, 0-10) 4.0
| Net Income (2.71b TTM) > 0 and > 6% of Revenue (6% = 1.49b TTM) |
| FCFTA -0.02 (>2.0%) and ΔFCFTA 0.70pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue -3.64% (prev 2.67%; Δ -6.32pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.06 (>3.0%) and CFO 8.69b > Net Income 2.71b (YES >=105%, WARN >=100%) |
| Net Debt (59.02b) to EBITDA (9.80b) ratio: 6.02 <= 3.0 (WARN <= 3.5) |
| Current Ratio 0.94 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (2.28b) change vs 12m ago 6.44% (target <= -2.0% for YES) |
| Gross Margin 28.69% (prev 20.68%; Δ 8.01pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 18.30% (prev 18.76%; Δ -0.46pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 1.77 (EBITDA TTM 9.80b / Interest Expense TTM 3.02b) >= 6 (WARN >= 3) |
Altman Z'' 0.50
| (A) -0.01 = (Total Current Assets 14.39b - Total Current Liabilities 15.29b) / Total Assets 138.25b |
| (B) -0.01 = Retained Earnings (Balance) -1.18b / Total Assets 138.25b |
| (C) 0.04 = EBIT TTM 5.36b / Avg Total Assets 135.28b |
| (D) 0.29 = Book Value of Equity 30.40b / Total Liabilities 106.02b |
| Total Rating: 0.50 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 55.31
| 1. Piotroski 4.0pt |
| 2. FCF Yield -2.96% |
| 3. FCF Margin -11.19% |
| 4. Debt/Equity 1.87 |
| 5. Debt/Ebitda 6.02 |
| 6. ROIC - WACC (= 4.10)% |
| 7. RoE 8.73% |
| 8. Rev. Trend 59.93% |
| 9. EPS Trend 63.53% |
What is the price of PCG shares?
Over the past week, the price has changed by -2.61%, over one month by -3.71%, over three months by +0.17% and over the past year by -24.99%.
Is PCG a buy, sell or hold?
- Strong Buy: 7
- Buy: 5
- Hold: 6
- Sell: 0
- Strong Sell: 1
What are the forecasts/targets for the PCG price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 21.2 | 38.6% |
| Analysts Target Price | 21.2 | 38.6% |
| ValueRay Target Price | 15.5 | 1.2% |
PCG Fundamental Data Overview November 21, 2025
P/E Trailing = 13.2101
P/E Forward = 9.9404
P/S = 1.3953
P/B = 1.1677
P/EG = 0.808
Beta = 0.372
Revenue TTM = 24.76b USD
EBIT TTM = 5.36b USD
EBITDA TTM = 9.80b USD
Long Term Debt = 55.53b USD (from longTermDebt, last quarter)
Short Term Debt = 3.88b USD (from shortTermDebt, last quarter)
Debt = 59.79b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 59.02b USD (from netDebt column, last quarter)
Enterprise Value = 93.57b USD (34.55b + Debt 59.79b - CCE 772.0m)
Interest Coverage Ratio = 1.77 (Ebit TTM 5.36b / Interest Expense TTM 3.02b)
FCF Yield = -2.96% (FCF TTM -2.77b / Enterprise Value 93.57b)
FCF Margin = -11.19% (FCF TTM -2.77b / Revenue TTM 24.76b)
Net Margin = 10.93% (Net Income TTM 2.71b / Revenue TTM 24.76b)
Gross Margin = 28.69% ((Revenue TTM 24.76b - Cost of Revenue TTM 17.66b) / Revenue TTM)
Gross Margin QoQ = 39.41% (prev 39.47%)
Tobins Q-Ratio = 0.68 (Enterprise Value 93.57b / Total Assets 138.25b)
Interest Expense / Debt = 1.29% (Interest Expense 770.0m / Debt 59.79b)
Taxrate = -34.92% (negative due to tax credits) (-220.0m / 630.0m)
NOPAT = 7.23b (EBIT 5.36b * (1 - -34.92%)) [negative tax rate / tax credits]
Current Ratio = 0.94 (Total Current Assets 14.39b / Total Current Liabilities 15.29b)
Debt / Equity = 1.87 (Debt 59.79b / totalStockholderEquity, last quarter 31.98b)
Debt / EBITDA = 6.02 (Net Debt 59.02b / EBITDA 9.80b)
Debt / FCF = -21.30 (negative FCF - burning cash) (Net Debt 59.02b / FCF TTM -2.77b)
Total Stockholder Equity = 31.00b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.96% (Net Income 2.71b / Total Assets 138.25b)
RoE = 8.73% (Net Income TTM 2.71b / Total Stockholder Equity 31.00b)
RoCE = 6.19% (EBIT 5.36b / Capital Employed (Equity 31.00b + L.T.Debt 55.53b))
RoIC = 8.20% (NOPAT 7.23b / Invested Capital 88.07b)
WACC = 4.11% (E(34.55b)/V(94.34b) * Re(8.21%) + D(59.79b)/V(94.34b) * Rd(1.29%) * (1-Tc(-0.35)))
Discount Rate = 8.21% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 3.40%
Fair Price DCF = unknown (Cash Flow -2.77b)
EPS Correlation: 63.53 | EPS CAGR: 24.47% | SUE: 2.09 | # QB: 1
Revenue Correlation: 59.93 | Revenue CAGR: 4.78% | SUE: -0.30 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.37 | Chg30d=+0.012 | Revisions Net=+3 | Analysts=6
EPS next Year (2026-12-31): EPS=1.63 | Chg30d=+0.000 | Revisions Net=+4 | Growth EPS=+8.8% | Growth Revenue=+5.4%
Additional Sources for PCG Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle