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

PCG has the lower trailing P/E: CEG trades at 26.64 and PCG at 12.88. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, CEG or PCG?

Over the past five years, CEG grew revenue faster — CEG at a 10.83% CAGR versus PCG at 5.72%.

Does CEG or PCG pay a bigger dividend?

CEG yields 0.59% and PCG yields 0.99% based on trailing dividends and the latest price.

Is CEG or PCG more profitable?

PCG runs the higher net margin — CEG at 11.12% versus PCG at 12.25%.

Constellation Energy Corporation (CEG) vs PG&E Corporation (PCG)

A side-by-side comparison of Constellation Energy Corporation and PG&E Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 20, 2026. Differences are shown without an overall score or investment verdict.

CEG

Constellation Energy Corporation

$98.46B

$274.17UtilitiesDelayed quote: Aug 19, 2026, 4:00 PM EDT

PCG

PG&E Corporation

$47.30B

$17.65UtilitiesAt close: Aug 19, 2026, 4:00 PM ET

Total return — CEG vs PCG

growth of $100 · dividends reinvested · last 5y

CEG +578.2% (+46.6%/yr)PCG +46.8% (+8.0%/yr)CEG compounded faster over this window

CEG PCG

CEG vs PCG: by the numbers

•CEG is the larger company ($98.46B vs $47.30B market cap).
•PCG trades at the lower trailing earnings multiple (12.88 vs 26.64 P/E), one valuation lens rather than an overall verdict.
•PCG converts more revenue to profit (12.25% vs 11.12% net margin).
•CEG grew revenue faster over the past five years (10.83% vs 5.72% CAGR).
•PCG pays the higher dividend yield (0.99% vs 0.59%).

Metrics side by side

Valuation

Metric	CEG	PCG
P/E ratio	26.64	12.88
Forward P/E	23.40	10.72
P/S ratio	3.10	1.56
P/B ratio	3.04	1.19
EV / EBITDA	16.72	10.76
FCF yield	0.32%	N/A

Profitability

Metric	CEG	PCG
Gross margin	75.83%	19.59%
Operating margin	14.65%	19.99%
Net margin	11.12%	12.25%
ROE	10.88%	9.34%
ROIC	3.42%	3.83%

Dividends

Metric	CEG	PCG
Dividend yield	0.59%	0.99%
Payout ratio	22.01%	14.83%

Growth (annualized)

Metric	CEG	PCG
Revenue CAGR (5Y)	10.83%	5.72%
EPS CAGR (5Y)	32.64%	N/A
FCF CAGR (5Y)	3.83%	5.43%
Total return CAGR (5Y)	N/A	15.00%

Frequently asked

Which has the lower trailing P/E, CEG or PCG?: PCG has the lower trailing P/E: CEG trades at 26.64 and PCG at 12.88. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, CEG or PCG?: Over the past five years, CEG grew revenue faster — CEG at a 10.83% CAGR versus PCG at 5.72%.
Does CEG or PCG pay a bigger dividend?: CEG yields 0.59% and PCG yields 0.99% based on trailing dividends and the latest price.
Is CEG or PCG more profitable?: PCG runs the higher net margin — CEG at 11.12% versus PCG at 12.25%.

Go deeper

Full CEG analysis Full PCG analysis Interactive comparison tool

Dig into the metrics

Constellation Energy P/E ratio PG&E P/E ratio Constellation Energy dividend yield PG&E dividend yield Constellation Energy ROE PG&E ROE Constellation Energy operating margin PG&E operating margin Constellation Energy revenue growth PG&E revenue growth Constellation Energy free cash flow PG&E free cash flow

Constellation Energy & PG&E appear in these rankings

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 August 20, 2026.