In the current session, the stock is trading at $18.00, after a 0.73% spike. Over the past month, PG&E Inc. (NYSE:PCG) stock increased by 4.83%, and in the past year, by 10.16%. With performance like this, long-term shareholders are optimistic but others are more likely to look into the price-to-earnings ratio to see if the stock might be overvalued.
A Look at PG&E P/E Relative to Its Competitors
The P/E ratio measures the current share price to the company's EPS. It is used by long-term investors to analyze the company's current performance against it's past earnings, ...