Which has the lower trailing P/E, AEP or PCG?

PCG has the lower trailing P/E: AEP trades at 21.54 and PCG at 10.44. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, AEP or PCG?

Over the past five years, AEP grew revenue faster — AEP at a 7.40% CAGR versus PCG at 5.72%.

Does AEP or PCG pay a bigger dividend?

AEP yields 3.05% and PCG yields 1.22% based on trailing dividends and the latest price.

Is AEP or PCG more profitable?

AEP runs the higher net margin — AEP at 13.95% versus PCG at 12.25%.

How have AEP and PCG total returns compared?

Over the past 10 years, AEP delivered 10.46% and PCG delivered -13.20% annualized total return. Past performance doesn't predict future results.

American Electric Power Company, Inc. (AEP) vs PG&E Corporation (PCG)

A side-by-side comparison of American Electric Power Company, Inc. and PG&E Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 8, 2026. Differences are shown without an overall score or investment verdict.

AEP

American Electric Power Company, Inc.

$68.44B

$125.73UtilitiesDelayed quote: Sep 8, 2026, 12:25 PM EDT

PCG

PG&E Corporation

$39.63B

$14.79UtilitiesDelayed quote: Sep 8, 2026, 12:25 PM EDT

Total return — AEP vs PCG

growth of $100 · dividends reinvested · last 10y

AEP +172.9% (+10.6%/yr)PCG -75.6% (-13.1%/yr)AEP compounded faster over this window

Log scale — wide-divergence pair

AEP PCG

AEP vs PCG: by the numbers

•AEP is the larger company ($68.44B vs $39.63B market cap).
•PCG trades at the lower trailing earnings multiple (10.44 vs 21.54 P/E), one valuation lens rather than an overall verdict.
•AEP converts more revenue to profit (13.95% vs 12.25% net margin).
•AEP grew revenue faster over the past five years (7.40% vs 5.72% CAGR).
•AEP pays the higher dividend yield (3.05% vs 1.22%).

Metrics side by side

Valuation

Metric	AEP	PCG
P/E ratio	21.54	10.44
Forward P/E	19.51	8.65
P/S ratio	3.04	1.26
P/B ratio	2.13	0.96
EV / EBITDA	12.16	9.97
FCF yield	13.07%	N/A

Profitability

Metric	AEP	PCG
Gross margin	31.81%	19.59%
Operating margin	28.36%	19.99%
Net margin	13.95%	12.25%
ROE	9.77%	9.34%
ROIC	5.13%	3.83%

Dividends

Metric	AEP	PCG
Dividend yield	3.05%	1.22%
Payout ratio	65.74%	12.77%

Growth (annualized)

Metric	AEP	PCG
Revenue CAGR (5Y)	7.40%	5.72%
EPS CAGR (5Y)	8.45%	N/A
FCF CAGR (5Y)	N/A	5.43%
Total return CAGR (5Y)	10.50%	9.72%

Frequently asked

Which has the lower trailing P/E, AEP or PCG?: PCG has the lower trailing P/E: AEP trades at 21.54 and PCG at 10.44. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, AEP or PCG?: Over the past five years, AEP grew revenue faster — AEP at a 7.40% CAGR versus PCG at 5.72%.
Does AEP or PCG pay a bigger dividend?: AEP yields 3.05% and PCG yields 1.22% based on trailing dividends and the latest price.
Is AEP or PCG more profitable?: AEP runs the higher net margin — AEP at 13.95% versus PCG at 12.25%.
How have AEP and PCG total returns compared?: Over the past 10 years, AEP delivered 10.46% and PCG delivered -13.20% annualized total return. Past performance doesn't predict future results.

Go deeper

Full AEP analysis Full PCG analysis Interactive comparison tool

Dig into the metrics

American Electric Power P/E ratio PG&E P/E ratio American Electric Power dividend yield PG&E dividend yield American Electric Power ROE PG&E ROE American Electric Power operating margin PG&E operating margin American Electric Power revenue growth PG&E revenue growth American Electric Power free cash flow PG&E free cash flow

American Electric Power & PG&E appear in these rankings

Highest Dividend Yield Stocks Highest FCF Yield Stocks Lowest P/E Ratio Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 8, 2026.