PCG vs. PEG: PG&E vs. Public Service Enterprise Stock Comparison

November 11, 2026

How do PG&E (PCG) and Public Service Enterprise (PEG) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

PG&E (PCG) and Public Service Enterprise (PEG) both fall under the Utilities industry group, but PCG is classified in Electric Utilities while PEG is classified in Multi-Utilities.

Company profile comparison for PG&E (PCG) and Public Service Enterprise (PEG)
Profile Item	PCG	PEG
Name	PG&E Corporation	Public Service Enterprise Group Inc.
Country/Region	United States	United States
GICS Sector	Utilities	Utilities
GICS Industry Group	Utilities	Utilities
GICS Industry	Electric Utilities	Multi-Utilities
GICS Sub-Industry	Electric Utilities	Multi-Utilities
Market Capitalization	28.57 billion USD	36.20 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	June 1, 1972	January 2, 1980
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

PCG

PEG

GSPC

PG&E (PCG) vs. Public Service Enterprise (PEG), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for PG&E (PCG) and Public Service Enterprise (PEG). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for PG&E (PCG) and Public Service Enterprise (PEG). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for PG&E (PCG) and Public Service Enterprise (PEG)
Metric	PCG	PEG
Total Return (1Y)	-19.03%	-6.86%
Total Return (3Y, Annualized)	-6.50%	10.69%
Total Return (5Y, Annualized)	2.05%	7.38%

Risk Profile

Drawdown History

PCG

PEG

GSPC

PG&E (PCG) vs. Public Service Enterprise (PEG), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for PG&E (PCG) and Public Service Enterprise (PEG). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for PG&E (PCG) and Public Service Enterprise (PEG)
Metric	PCG	PEG
Volatility (1Y, Annualized)	34.84%	18.73%
Beta (5Y)	0.17	0.47
Max Drawdown (5Y)	-43.92%	-27.29%
Avg. Volume (3M)	39.33M	3.44M

Risk-Adjusted Performance

Risk-Return Positioning

PCG and PEG are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for PG&E (PCG) and Public Service Enterprise (PEG)
Metric	PCG	PEG
Sharpe Ratio (1Y)	-0.67	-0.60
Sortino Ratio (1Y)	-0.81	-0.82

Profitability

ROE (TTM)

Both PG&E (PCG) at 8.89% and Public Service Enterprise (PEG) at 10.28% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

PCG

Utilities industry group

8.89%

Max: 17.99%
Q3: 12.01%
Median: 9.44%
PCG: 8.89%
Q1: 7.56%
Min: 2.17%

PEG

Utilities industry group

10.28%

Max: 17.99%
Q3: 12.01%
PEG: 10.28%
Median: 9.44%
Q1: 7.56%
Min: 2.17%

PG&E (PCG) vs. Public Service Enterprise (PEG): A comparison of their ROE against the Utilities industry group benchmark.

Net Margin (TTM)

Both PG&E (PCG) at 11.57% and Public Service Enterprise (PEG) at 14.32% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

PCG

Utilities industry group

11.57%

Max: 28.78%
Q3: 17.30%
Median: 12.73%
PCG: 11.57%
Q1: 9.18%
Min: -0.20%

PEG

Utilities industry group

14.32%

Max: 28.78%
Q3: 17.30%
PEG: 14.32%
Median: 12.73%
Q1: 9.18%
Min: -0.20%

PG&E (PCG) vs. Public Service Enterprise (PEG): A comparison of their net margin against the Utilities industry group benchmark.

Operating Margin (TTM)

Both PG&E (PCG) at 23.64% and Public Service Enterprise (PEG) at 21.29% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

PCG

Utilities industry group

23.64%

Max: 53.83%
Q3: 31.12%
PCG: 23.64%
Median: 23.62%
Q1: 15.45%
Min: -4.90%

PEG

Utilities industry group

21.29%

Max: 53.83%
Q3: 31.12%
Median: 23.62%
PEG: 21.29%
Q1: 15.45%
Min: -4.90%

PG&E (PCG) vs. Public Service Enterprise (PEG): A comparison of their operating margin against the Utilities industry group benchmark.

Profitability Metrics

Profitability metrics for PG&E (PCG) and Public Service Enterprise (PEG)
Metric	PCG	PEG
ROE (TTM)	8.89%	10.28%
ROA (TTM)	2.59%	2.93%
Net Margin (TTM)	11.57%	14.32%
Operating Margin (TTM)	23.64%	21.29%
Gross Margin (TTM)	40.57%	32.12%

Growth

Revenue Growth

Public Service Enterprise (PEG) at 18.25% sits in the top revenue growth quartile, while PG&E (PCG) at 2.11% is in the bottom quartile, showing a clear gap in revenue momentum.

PG&E (PCG) vs. Public Service Enterprise (PEG): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both PG&E (PCG) at 2.61% and Public Service Enterprise (PEG) at 19.21% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

PG&E (PCG) vs. Public Service Enterprise (PEG): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for PG&E (PCG) and Public Service Enterprise (PEG)
Metric	PCG	PEG
Revenue Growth (YoY)	2.11%	18.25%
Revenue Growth (3Y CAGR)	4.77%	7.48%
EPS Growth (YoY)	2.61%	19.21%
EPS Growth (3Y CAGR)	12.00%	27.05%

Financial Strength

Current Ratio (MRQ)

Both PG&E (PCG) at 1.03 and Public Service Enterprise (PEG) at 1.01 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.

PCG

Utilities industry group

1.03

Max: 1.90
Q3: 1.17
PCG: 1.03
Median: 0.88
Q1: 0.66
Min: 0.29

PEG

Utilities industry group

1.01

Max: 1.90
Q3: 1.17
PEG: 1.01
Median: 0.88
Q1: 0.66
Min: 0.29

PG&E (PCG) vs. Public Service Enterprise (PEG): A comparison of their current ratio against the Utilities industry group benchmark.

Debt / Equity (MRQ)

Public Service Enterprise (PEG) at 1.48 carries an industry-typical debt-to-equity mix, while PG&E (PCG) at 1.88 uses more debt funding than most peers.

PCG

Utilities industry group

1.88

Max: 2.63
PCG: 1.88
Q3: 1.77
Median: 1.35
Q1: 0.84
Min: 0.00

PEG

Utilities industry group

1.48

Max: 2.63
Q3: 1.77
PEG: 1.48
Median: 1.35
Q1: 0.84
Min: 0.00

PG&E (PCG) vs. Public Service Enterprise (PEG): A comparison of their debt-to-equity ratio against the Utilities industry group benchmark.

Financial Strength Metrics

Financial strength metrics for PG&E (PCG) and Public Service Enterprise (PEG)
Metric	PCG	PEG
Current Ratio (MRQ)	1.03	1.01
Debt / Equity (MRQ)	1.88	1.48
Net Debt / EBITDA	6.05	5.86

Dividends

Dividend Yield (TTM)

Public Service Enterprise (PEG) at 3.61% delivers top-quartile income for its industry, while PG&E (PCG) at 1.51% pays a more typical yield — both are credible income propositions, PEG the richer one.

PCG

Utilities industry group

1.51%

Max: 6.66%
Q3: 3.58%
Median: 2.85%
PCG: 1.51%
Q1: 0.66%
Min: 0.00%

PEG

Utilities industry group

3.61%

Max: 6.66%
PEG: 3.61%
Q3: 3.58%
Median: 2.85%
Q1: 0.66%
Min: 0.00%

PG&E (PCG) vs. Public Service Enterprise (PEG): A comparison of their dividend yield against the Utilities industry group benchmark.

Dividend Payout Ratio (TTM)

PG&E (PCG) at 14.81% retains more earnings than its industry usually does; Public Service Enterprise (PEG) at 74.58% distributes an above-typical share — opposite departures from the band, with the risk sitting on PEG’s side.

PCG

Utilities industry group

14.81%

Max: 113.04%
Q3: 68.72%
Median: 56.38%
Q1: 32.38%
PCG: 14.81%
Min: 0.00%

PEG

Utilities industry group

74.58%

Max: 113.04%
PEG: 74.58%
Q3: 68.72%
Median: 56.38%
Q1: 32.38%
Min: 0.00%

PG&E (PCG) vs. Public Service Enterprise (PEG): A comparison of their payout ratio against the Utilities industry group benchmark.

Dividend Metrics

Dividend metrics for PG&E (PCG) and Public Service Enterprise (PEG)
Metric	PCG	PEG
Dividend Yield (TTM)	1.51%	3.61%
Dividend Payout Ratio (TTM)	14.81%	74.58%

Valuation

P/E Ratio (TTM)

PG&E (PCG) at 9.61 sits in the cheaper P/E ratio quartile, while Public Service Enterprise (PEG) at 20.51 is closer to its industry’s usual earnings multiple — a discount for PCG, though growth and earnings durability still matter.

PCG

Utilities industry group

9.61

Max: 31.22
Q3: 23.30
Median: 19.64
Q1: 15.17
PCG: 9.61
Min: 3.34

PEG

Utilities industry group

20.51

Max: 31.22
Q3: 23.30
PEG: 20.51
Median: 19.64
Q1: 15.17
Min: 3.34

PG&E (PCG) vs. Public Service Enterprise (PEG): A comparison of their P/E ratio against the Utilities industry group benchmark.

P/S Ratio (TTM)

PG&E (PCG) at 1.11 sits in the cheaper P/S ratio quartile while Public Service Enterprise (PEG) at 2.93 prices around its industry’s middle — PCG costs less per dollar of sales, though read it alongside growth and margins.

PCG

Utilities industry group

1.11

Max: 6.35
Q3: 3.63
Median: 2.63
Q1: 1.52
PCG: 1.11
Min: 0.00

PEG

Utilities industry group

2.93

Max: 6.35
Q3: 3.63
PEG: 2.93
Median: 2.63
Q1: 1.52
Min: 0.00

PG&E (PCG) vs. Public Service Enterprise (PEG): A comparison of their P/S ratio against the Utilities industry group benchmark.

P/B Ratio (MRQ)

PG&E (PCG) at 0.87 sits in the lower P/B ratio quartile against book while Public Service Enterprise (PEG) at 2.08 is valued near its industry’s middle — PCG is cheaper on assets, though weigh it against ROE and asset quality.

PCG

Utilities industry group

0.87

Max: 3.12
Q3: 2.21
Median: 1.83
Q1: 1.46
PCG: 0.87
Min: 0.34

PEG

Utilities industry group

2.08

Max: 3.12
Q3: 2.21
PEG: 2.08
Median: 1.83
Q1: 1.46
Min: 0.34

PG&E (PCG) vs. Public Service Enterprise (PEG): A comparison of their P/B ratio against the Utilities industry group benchmark.

Valuation Metrics

Valuation metrics for PG&E (PCG) and Public Service Enterprise (PEG)
Metric	PCG	PEG
P/E Ratio (TTM)	9.61	20.51
P/S Ratio (TTM)	1.11	2.93
P/B Ratio (MRQ)	0.87	2.08
Free Cash Flow Yield (TTM)	-22.73%	-0.90%