PG&E Corp
NYSE: PCG · UTILITIES · UTILITIES - REGULATED ELECTRIC
Updated 2026-06-12
PG&E Corp (PCG) Stock Valuation Analysis
Fair value estimate, historical valuation range, and quality signals for PCG.
Valued
Fundamentals support the current valuation. Strong combination of growth, quality, and price.
PCG historical valuation range
Where current P/E sits in PCG's own 5Y range.
PCG intrinsic value (DCF)
DCF-based fair value estimate vs current market price.
Intrinsic value calculated using discounted cash flow (DCF) model based on projected free cash flows, discount rate, and terminal growth assumptions. A positive margin of safety indicates the current price is below estimated fair value, providing a cushion against estimation error.
PCG valuation signals
Quick-read green flags, caution flags, and risks based on current metrics.
P/E Ratio — History
Current: 13.14x
P/S Ratio — History
Current: 1.45x
Is PCG overvalued in 2026?
PG&E Corp (PCG) currently trades at $16.95 per share with a market capitalization of $37,327,708,000.00. Based on our multi-factor framework, the stock looks attractively valued with a Smart Value Score of 77/100. This score blends growth quality, financial health, and price attractiveness into a single institutional-grade read.
The stock trades at a P/E ratio of 13.1x, below its 5-year median of 15.0x. The PEG ratio of 0.73 suggests earnings growth is outpacing the multiple, a classic sign of undervaluation.
Looking at its own history, PCG is currently trading cheaper than 68% of the last 5Y on P/E. This places it in the 32th percentile of its historical range, a reasonable but unremarkable position.
Our discounted cash flow model estimates PCG's intrinsic value at $12.36 per share, against the current market price of $16.95. This implies a premium to fair value of -37.14%. The current price sits well above what projected cash flows justify, implying investors are paying for growth that has not yet materialized.
Financial quality is a concern. The Piotroski F-Score of 2/9 flags weakening fundamentals that deserve closer scrutiny before the valuation case can be fully trusted.
Bottom line: PCG looks attractively valued on our framework, with a Smart Value Score of 77/100. The combination of reasonable price, healthy growth, and quality fundamentals makes it worth serious consideration.
Frequently asked questions
Is PCG overvalued?
PCG scores 77/100 on our Smart Value Score (Grade B+), a strong overall profile. On valuation specifically, the DCF puts intrinsic value below the current price, so the stock is expensive on cash flow today. The score reflects growth and quality carrying it, not a cheap entry point.
What is PCG's fair value?
Our DCF model estimates PCG's intrinsic value at $12.36 per share, versus the current price of $16.95, a margin of safety of -37.14%. Fair value is the present value of the cash flows we project the business to produce, so a price above it means the market is paying up for growth the model does not yet assume.
What P/E ratio does PCG trade at?
PCG trades at a P/E of 13.1x on trailing twelve-month earnings, against a 5-year median of 15.0x. P/E is what you pay per dollar of profit, and sitting below its own median means the stock is cheaper than usual relative to its earnings.
Is PCG a buy based on valuation?
Our Smart Value rating for PCG is Buy, from a Smart Value Score of 77/100 that blends growth, quality, and valuation. The rating leans on growth and financial strength, and valuation is usually the weakest leg for a name scoring this high. This is research to inform your decision, not personalized financial advice.
How does PCG's valuation compare to its history?
On P/E, PCG sits in the 32nd percentile of its own 5Y range, below its long-run median relative to where it has traded. A low percentile means today's multiple is near the bottom of its historical band.
What is PCG's Smart Value Score?
PCG's Smart Value Score is 77/100. It is a proprietary WallStSmart metric blending growth quality, financial health, and valuation into a single 0-100 read, and scores above 75 are rare, signaling strong multi-factor alignment.