PG&E Corporation (PCG)
Utilities · Regulated Electric · Data as of 2026-09-01
Bottom line
PCG is trading near its usual valuation, in the middle of its recent price range, and recent volume shows no clear direction. The picture is mixed, so it may be worth watching rather than acting on. Past patterns are not a guarantee of future results.
Valuation — Cheap-looking, with quality flags (Yellow)
PCG trades at 12× earnings, below its own 5-year average of 17× and below similar utilities companies we track (21×, 31 peers). Historically this has been on the cheaper side for the stock. On next year's expected earnings (10 analyst estimates), it trades at 8.5× — below its historical average. Its current multiple sits around the 0th percentile of its own last five years — toward the low end of its own range.
Quality check: operating profit covers interest only 1.7× over. An apparent discount can reflect balance-sheet strain rather than a bargain.
Price zones — In the middle of its recent range (Yellow)
At $14.06, the stock sits between its recent support and resistance levels. Over the past year PCG has traded between $13.05 and $19.16; its historical support zone sits near $13.05 and resistance near $16.80. It is below both its 50- and 200-day averages, which has historically signalled a downtrend.
52-week range $13.05–$19.16 · 50-day average $17.28 · 200-day average $16.80
Money flow — No clear direction (Yellow)
Buying and selling volume in PCG have been fairly balanced recently, with no strong accumulation or distribution pattern. Volume on up days has been about 1.0× volume on down days over the last 30 sessions.
About the company
PG&E Corporation operates as a holding company, overseeing the generation, transmission, and distribution of electricity and natural gas to its clientele. The firm's expertise spans a broad range of energy-related services, including general utilities, power provision, gas supply, electrical grids, solar solutions, and sustainability initiatives. Established in 1995, the company maintains its corporate headquarters in Oakland, California.
一句话结论
PCG 估值接近其惯常水平，处于近期价格区间的中部，近期成交量没有明确方向。整体情况好坏参半，也许更适合先观察，而不是急于行动。过去的形态并不能保证未来的结果。
估值 — 看似便宜，但有质量警示
PCG 目前的市盈率为 12×，低于其自身 5 年平均的 17×，并且低于我们追踪的同类Utilities公司（21×，31 家）。从历史来看，这属于该股较便宜的一侧。按明年的预期盈利计算（10 位分析师的预测），其市盈率为 8.5×，低于历史平均水平。它当前的估值倍数大约位于自身过去五年分布的第 0 百分位——处于自身区间的偏低位置。
质量核对：营业利润对利息的覆盖只有 1.7 倍。表面的折价有时反映的是资产负债表的压力，而不是便宜。
价格区间 — 处于近期区间的中部
目前价格为 $14.06，位于其近期的支撑位与阻力位之间。过去一年 PCG 的价格在 $13.05 到 $19.16 之间波动；其历史支撑区在 $13.05 附近，阻力区在 $16.80 附近。它同时位于 50 日和 200 日均线下方，这在历史上通常对应下降趋势。
资金流向 — 方向不明确
PCG 近期的买卖成交量大致均衡，没有明显的吸筹或派发形态。过去 30 个交易日，上涨日的成交量约为下跌日的 1.0×。
UnderTheLight 用直白的语言解释股票——估值、价格区间与资金流向。它只描述数据，不构成任何投资建议。
UnderTheLight explains stocks in plain English — valuation, price zones and money flow as traffic lights, recomputed nightly. It describes data; it is not investment advice and never recommends a trade.