Despite past profitability, the company's recent 8.2% return falls short of the market, indicating potential weakness. Future performance remains uncertain due to identified risks.
PG&E's declining ROCE and reinvestment despite stagnant sales may worry investors. The stock's 5-year return of only 6.8% suggests better investment opportunities may exist elsewhere.
PG&E's stock costs rise as investors bet on future growth surpassing market forecasts. Shareholders are unfazed by the high P/E ratio, confident in the company's future earnings, unlikely expecting a major price drop soon.
Despite PG&E's ROE matching industry average, its high debt, married with relatively low ROE, lessens the company's appeal. Top-tier companies typically boast high ROE and modest debt.