PCG vs. SBS: PG&E vs. Sabesp Stock Comparison
How do PG&E (PCG) and Sabesp (SBS) 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 Sabesp (SBS) both fall under the Utilities industry group, but PCG is classified in Electric Utilities while SBS is classified in Water Utilities.
PG&E (PCG) trades as ordinary local shares, while Sabesp (SBS) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | PCG | SBS |
|---|---|---|
| Name | PG&E Corporation | Companhia de Saneamento Básico do Estado de São Paulo - SABESP ADR |
| Country/Region | United States | Brazil |
| GICS Sector | Utilities | Utilities |
| GICS Industry Group | Utilities | Utilities |
| GICS Industry | Electric Utilities | Water Utilities |
| GICS Sub-Industry | Electric Utilities | Water Utilities |
| Market Capitalization | 28.57 billion USD | 16.96 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | June 1, 1972 | May 10, 2002 |
| Security Type | Common Stock | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | PCG | SBS |
|---|---|---|
| Total Return (1Y) | -19.03% | -3.72% |
| Total Return (3Y, Annualized) | -6.50% | 28.33% |
| Total Return (5Y, Annualized) | 2.05% | 32.85% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | PCG | SBS |
|---|---|---|
| Volatility (1Y, Annualized) | 34.84% | 46.80% |
| Beta (5Y) | 0.17 | 0.76 |
| Max Drawdown (5Y) | -43.92% | -37.59% |
| Avg. Volume (3M) | 39.33M | 11.85M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | PCG | SBS |
|---|---|---|
| Sharpe Ratio (1Y) | -0.67 | -0.17 |
| Sortino Ratio (1Y) | -0.81 | -0.22 |
Profitability
ROE (TTM)
Sabesp (SBS) at 16.27% sits in the top ROE quartile, while PG&E (PCG) at 8.89% is closer to the peer norm — stronger capital efficiency for SBS.
PCG
Utilities industry group
8.89%
- Max
- 17.99%
- Q3
- 12.01%
- Median
- 9.44%
- PCG
- 8.89%
- Q1
- 7.56%
- Min
- 2.17%
SBS
Utilities industry group
16.27%
- Max
- 17.99%
- SBS
- 16.27%
- Q3
- 12.01%
- Median
- 9.44%
- Q1
- 7.56%
- Min
- 2.17%
Net Margin (TTM)
Sabesp (SBS) at 17.52% retains a top-quartile share of revenue as profit, ahead of PG&E (PCG) at 11.57%, which keeps about the industry-typical share.
PCG
Utilities industry group
11.57%
- Max
- 28.78%
- Q3
- 17.30%
- Median
- 12.73%
- PCG
- 11.57%
- Q1
- 9.18%
- Min
- -0.20%
SBS
Utilities industry group
17.52%
- Max
- 28.78%
- SBS
- 17.52%
- Q3
- 17.30%
- Median
- 12.73%
- Q1
- 9.18%
- Min
- -0.20%
Operating Margin (TTM)
Both PG&E (PCG) at 23.64% and Sabesp (SBS) at 29.28% 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%
SBS
Utilities industry group
29.28%
- Max
- 53.83%
- Q3
- 31.12%
- SBS
- 29.28%
- Median
- 23.62%
- Q1
- 15.45%
- Min
- -4.90%
Profitability Metrics
| Metric | PCG | SBS |
|---|---|---|
| ROE (TTM) | 8.89% | 16.27% |
| ROA (TTM) | 2.59% | 8.08% |
| Net Margin (TTM) | 11.57% | 17.52% |
| Operating Margin (TTM) | 23.64% | 29.28% |
| Gross Margin (TTM) | 40.57% | 36.96% |
Growth
Revenue Growth
Sabesp (SBS) at 5.39% is around its peer norm for revenue growth, while PG&E (PCG) at 2.11% drops into the bottom quartile, signaling weaker demand or pricing momentum.
EPS Growth
PG&E (PCG) at 2.61% is around its peer norm for EPS growth, while Sabesp (SBS) at -11.79% drops into the bottom quartile, signaling weaker earnings momentum.
Growth Metrics
| Metric | PCG | SBS |
|---|---|---|
| Revenue Growth (YoY) | 2.11% | 5.39% |
| Revenue Growth (3Y CAGR) | 4.77% | 19.98% |
| EPS Growth (YoY) | 2.61% | -11.79% |
| EPS Growth (3Y CAGR) | 12.00% | 40.65% |
Financial Strength
Current Ratio (MRQ)
PG&E (PCG) at 1.03 keeps current ratio within its industry’s typical mid-range, while Sabesp (SBS) at 1.22 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets 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
SBS
Utilities industry group
1.22
- Max
- 1.90
- SBS
- 1.22
- Q3
- 1.17
- Median
- 0.88
- Q1
- 0.66
- Min
- 0.29
Debt / Equity (MRQ)
Sabesp (SBS) at 0.99 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
SBS
Utilities industry group
0.99
- Max
- 2.63
- Q3
- 1.77
- Median
- 1.35
- SBS
- 0.99
- Q1
- 0.84
- Min
- 0.00
Financial Strength Metrics
| Metric | PCG | SBS |
|---|---|---|
| Current Ratio (MRQ) | 1.03 | 1.22 |
| Debt / Equity (MRQ) | 1.88 | 0.99 |
| Net Debt / EBITDA | 6.05 | 2.30 |
Dividends
Dividend Yield (TTM)
Sabesp (SBS) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile PG&E (PCG) reports a yield of 1.51%, ranking against industry peers normally.
PCG
Utilities industry group
1.51%
- Max
- 6.66%
- Q3
- 3.58%
- Median
- 2.85%
- PCG
- 1.51%
- Q1
- 0.66%
- Min
- 0.00%
SBS
Utilities industry group
0.00%
- Max
- 6.66%
- Q3
- 3.58%
- Median
- 2.85%
- Q1
- 0.66%
- SBS
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Sabesp (SBS) at 35.95% keeps its payout within the industry’s typical band; PG&E (PCG) at 14.81% pays out less than peers usually do, retaining more of its earnings — a policy difference more than a quality gap.
PCG
Utilities industry group
14.81%
- Max
- 113.04%
- Q3
- 68.72%
- Median
- 56.38%
- Q1
- 32.38%
- PCG
- 14.81%
- Min
- 0.00%
SBS
Utilities industry group
35.95%
- Max
- 113.04%
- Q3
- 68.72%
- Median
- 56.38%
- SBS
- 35.95%
- Q1
- 32.38%
- Min
- 0.00%
Dividend Metrics
| Metric | PCG | SBS |
|---|---|---|
| Dividend Yield (TTM) | 1.51% | 0.00% |
| Dividend Payout Ratio (TTM) | 14.81% | 35.95% |
Valuation
P/E Ratio (TTM)
Both PG&E (PCG) at 9.61 and Sabesp (SBS) at 11.73 sit in the cheaper earnings-multiple quartile for P/E ratio, with the market paying less for a dollar of trailing earnings than it pays for typical peers.
PCG
Utilities industry group
9.61
- Max
- 31.22
- Q3
- 23.30
- Median
- 19.64
- Q1
- 15.17
- PCG
- 9.61
- Min
- 3.34
SBS
Utilities industry group
11.73
- Max
- 31.22
- Q3
- 23.30
- Median
- 19.64
- Q1
- 15.17
- SBS
- 11.73
- Min
- 3.34
P/S Ratio (TTM)
Both PG&E (PCG) at 1.11 and Sabesp (SBS) at 0.41 fetch a relatively low price per dollar of sales, landing in the cheaper P/S ratio quartile of their industries.
PCG
Utilities industry group
1.11
- Max
- 6.35
- Q3
- 3.63
- Median
- 2.63
- Q1
- 1.52
- PCG
- 1.11
- Min
- 0.00
SBS
Utilities industry group
0.41
- Max
- 6.35
- Q3
- 3.63
- Median
- 2.63
- Q1
- 1.52
- SBS
- 0.41
- Min
- 0.00
P/B Ratio (MRQ)
PG&E (PCG) at 0.87 sits in the lower P/B ratio quartile against book while Sabesp (SBS) at 1.84 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
SBS
Utilities industry group
1.84
- Max
- 3.12
- Q3
- 2.21
- SBS
- 1.84
- Median
- 1.83
- Q1
- 1.46
- Min
- 0.34
Valuation Metrics
| Metric | PCG | SBS |
|---|---|---|
| P/E Ratio (TTM) | 9.61 | 11.73 |
| P/S Ratio (TTM) | 1.11 | 0.41 |
| P/B Ratio (MRQ) | 0.87 | 1.84 |
| Free Cash Flow Yield (TTM) | -22.73% | -62.11% |