Is PG&E Corp (PCG) overvalued?
On Equity Rank's model estimate, PCG trades close to its fair value (0% above it). PG&E Corp (PCG) last closed at $12.97; the multi-method model fair value is $12.93.
| Price | Model fair value | Price vs model |
|---|---|---|
| $12.97 | $12.93 | 0% above |
What the answer rests on
- 6 of 10 valuation methods put PCG's value above its price and 4 put it below, so the methods disagree.
- PCG trades at 9.9 times its last year's earnings, against a median of 21.2 for 66 profitable Utilities companies.
- Over the past year the price sat below the model fair value on 54% of trading days. The gap ranged from 42% below to 17% above the model fair value.
Read this before relying on it
The model fair value is an estimate from published financial statements. It is not a forecast of where the price goes, and it can be wrong. Within 10% either side we call it close to fair value: valuation models are not precise enough to read more into a smaller gap. Our own lists have no proven edge over the market yet; the live record shows every result, misses included.
Every valuation method behind PCG's fair value · What prices assume · Other companies