PG&E Corporation

LSE:0QR3 Stock Report

Market Cap: US$33.8b

PG&E Valuation

Is 0QR3 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 0QR3 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
US$7.01
Fair Value
125.6% overvalued intrinsic discount
17
Number of Analysts

Below Fair Value: 0QR3 ($15.82) is trading above our estimate of fair value ($7.01)

Significantly Below Fair Value: 0QR3 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 0QR3?

Key metric: As 0QR3 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 0QR3. This is calculated by dividing 0QR3's market cap by their current earnings.
What is 0QR3's PE Ratio?
PE Ratio13.9x
EarningsUS$2.48b
Market CapUS$33.82b

Price to Earnings Ratio vs Peers

How does 0QR3's PE Ratio compare to its peers?

The above table shows the PE ratio for 0QR3 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average19.7x
SSE SSE
8.6x6.8%UK£16.2b
NG. National Grid
27x16.0%UK£46.6b
JEL Jersey Electricity
11.5xn/aUK£133.3m
SVT Severn Trent
31.9x27.0%UK£7.3b
0QR3 PG&E
13.9x11.8%US$33.8b

Price-To-Earnings vs Peers: 0QR3 is good value based on its Price-To-Earnings Ratio (13.9x) compared to the peer average (19.7x).

Price to Earnings Ratio vs Industry

How does 0QR3's PE Ratio compare vs other companies in the European Electric Utilities Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
0QR3 13.9xIndustry Avg. 11.3xNo. of Companies11PE0612182430+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 0QR3 is expensive based on its Price-To-Earnings Ratio (13.9x) compared to the European Electric Utilities industry average (11.3x).

Price to Earnings Ratio vs Fair Ratio

What is 0QR3's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

0QR3 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio13.9x
Fair PE Ratio15.3x

Price-To-Earnings vs Fair Ratio: 0QR3 is good value based on its Price-To-Earnings Ratio (13.9x) compared to the estimated Fair Price-To-Earnings Ratio (15.3x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 0QR3 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$15.82
US$20.69
+30.8%
14.0%US$26.00US$15.00n/a17
Feb ’26US$15.62
US$22.72
+45.5%
12.2%US$26.00US$18.00n/a17
Jan ’26US$20.16
US$23.43
+16.2%
11.7%US$26.00US$18.00n/a17
Dec ’25US$21.63
US$23.25
+7.5%
11.2%US$26.00US$18.00n/a17
Nov ’25US$20.10
US$22.60
+12.4%
13.0%US$26.00US$16.50n/a17
Oct ’25US$19.79
US$21.83
+10.3%
12.2%US$26.00US$16.50n/a16
Sep ’25US$19.53
US$21.49
+10.0%
9.8%US$24.00US$16.50n/a15
Aug ’25US$18.48
US$21.15
+14.5%
9.6%US$24.00US$16.50n/a15
Jul ’25US$17.26
US$20.75
+20.3%
9.2%US$23.00US$16.50n/a15
Jun ’25US$18.47
US$20.16
+9.1%
9.5%US$23.00US$15.50n/a15
May ’25US$17.30
US$19.76
+14.2%
10.2%US$22.00US$15.50n/a15
Apr ’25US$16.77
US$19.12
+14.0%
9.3%US$22.00US$15.50n/a15
Mar ’25US$16.55
US$19.19
+16.0%
9.1%US$22.00US$15.50n/a15
Feb ’25US$16.98
US$19.30
+13.6%
9.9%US$23.00US$15.50US$15.6215
Jan ’25US$17.98
US$19.11
+6.3%
8.3%US$21.00US$15.50US$20.1614
Dec ’24US$17.36
US$18.65
+7.5%
10.7%US$21.00US$14.00US$21.6313
Nov ’24US$16.66
US$18.15
+9.0%
10.6%US$21.00US$14.00US$20.1013
Oct ’24US$16.24
US$19.12
+17.7%
11.2%US$21.00US$14.00US$19.7913
Sep ’24US$16.40
US$19.12
+16.6%
11.2%US$21.00US$14.00US$19.5313
Aug ’24US$17.53
US$18.83
+7.5%
12.1%US$21.00US$13.50US$18.4812
Jul ’24US$17.24
US$18.83
+9.2%
12.3%US$22.00US$13.50US$17.2612
Jun ’24US$16.80
US$18.83
+12.1%
12.3%US$22.00US$13.50US$18.4712
May ’24US$17.10
US$18.85
+10.2%
12.1%US$22.00US$12.70US$17.3012
Apr ’24US$16.00
US$18.15
+13.5%
15.3%US$22.00US$12.70US$16.7711
Mar ’24US$15.43
US$18.23
+18.1%
13.9%US$22.00US$12.70US$16.5512
Feb ’24US$15.57
US$18.23
+17.1%
13.2%US$22.00US$12.70US$16.9812
Analyst Price Target
Consensus Narrative from 17 Analysts
US$20.90
Fair Value
24.3% undervalued intrinsic discount
17
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/19 13:28
End of Day Share Price 2025/02/19 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

PG&E Corporation is covered by 34 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jacob KilsteinArgus Research Company
Daniel FordBarclays
Nicholas CampanellaBarclays