S&P 500 comparison · Utilities

DTE Energy vs PG&E Corporation

Prices at close . Model readings .

DTE Energy

$131.96−0.54%
Month: negative

PG&E Corporation

$13.15+1.47%
Month: negativeLong run: neutral
Price change

Price change, with the S&P 500 as a benchmark

Percent change in each close since the start of the chosen range, for both companies and the S&P 500 (SPY). Daily closes over the last year, weekly before that and monthly before five years.

In short

How the two compare

On the latest closes (28 Oct 2026), PG&E Corporation is the larger company by market value ($35.24B against $27.45B). Over the past year DTE Energy returned −4.5% and PG&E Corporation −19.2%, while the S&P 500 returned +12.7%. The operating margin is 14.1% for DTE Energy and 18.6% for PG&E Corporation. Over the next 21 sessions the model expects −0.38% for DTE Energy, with a 63% chance of a rise, and −1.32% for PG&E Corporation, with a 25% chance. DTE Energy has no published fair value today. PG&E Corporation's long-run fair value is $13.00, a gap of −1.1% to its price; the long-run model view is neutral.

Model view

What the model expects

Expected returns and the chance of a rise from our forecasting models, and the long-run fair value against the price. Readings, not advice.

Model readings:
Expected returnnext 21 sessions
DTE−0.38%
PCG−1.32%
Chance of a risenext 21 sessions
DTE63%
PCG25%
Expected returnnext 63 sessions
DTE+0.64%
PCG−1.13%
Range of outcomes63 sessions, 80% band
DTE−12.2% to +13.4%
PCG−23.5% to +21.3%
Chance of a risenext 63 sessionsMembers only · see plans
Long-run fair valueintrinsic value model
DTE—The model's fair value falls outside its own interval or at the gap clamp, so it is not a measurement.
PCG$13.0028 Oct 2026
Gap to pricefair value against the close
DTE—The model's fair value falls outside its own interval or at the gap clamp, so it is not a measurement.
PCG−1.1%
Past readings that matchedsign of the 21-session outcome
DTE43.9%of 269
PCG51.1%of 269
Price performance

How the prices moved

Price change over each period, with the S&P 500 (SPY) for comparison.

Closes to
1 monthS&P 500: +1.1%
DTE+7.8%
PCG+8.4%
6 monthsS&P 500: +8.5%
DTE−9.5%
PCG−19.4%
Year to dateS&P 500: +13.3%
DTE+3.9%
PCG−17.7%
1 yearS&P 500: +12.7%
DTE−4.5%
PCG−19.2%
5 yearsS&P 500: +70.7%
DTE+33.6%
PCG+16.2%
1 year against the S&P 500percentage points
DTE−17.2 pts
PCG−32.0 pts
Position in the 52-week range0% low, 100% high
DTE34%close $131.96 in $119.68 to $155.75
PCG19%close $13.15 in $11.72 to $19.05
Against the 200-day average
DTE−5.7%
PCG−18.9%
Valuation

What the market pays

Size and the multiples from the latest filed quarter. A P/E on losses reads n/m.

Filings: quarter to (DTE), (PCG)
Market value
DTE$27.45B28 Oct 2026
PCG$35.24B28 Oct 2026
Enterprise valueat the last filing
DTE$56.16B30 Jun 2026
PCG$92.40B30 Sep 2026
P/Elatest filed
DTE18.9
PCGn/mA P/E on negative earnings is not a multiple.
Price to book
DTE2.71
PCG1.08
EV / EBITDA
DTE14.18
PCG19.93
Free cash flow yield
DTE8.52%
PCG−9.11%
Dividend yield
DTE2.06%
PCG−0.16%
Questions

DTE Energy or PG&E Corporation: common questions

Which is larger by market value, DTE Energy or PG&E Corporation?

PG&E Corporation, at $35.24B against $27.45B for DTE Energy, on the latest closes (28 Oct 2026).

Which has the higher P/E ratio, DTE Energy or PG&E Corporation?

DTE Energy's latest filed P/E is 18.9; PG&E Corporation reported losses, so its P/E is not meaningful (n/m). Filings: quarter to 30 Jun 2026 and 30 Sep 2026.

How did DTE Energy and PG&E Corporation move over the past year against the S&P 500?

Over the past year DTE Energy returned −4.5% and PG&E Corporation −19.2%, while the S&P 500 returned +12.7%. Prices at close 28 Oct 2026.

What does the model expect for DTE Energy and PG&E Corporation over the next month?

−0.38% for DTE Energy with a 63% chance of a rise, and −1.32% for PG&E Corporation with a 25% chance, over the next 21 sessions. Model readings 28 Oct 2026. These are model readings, not advice.

How do the operating margins of DTE Energy and PG&E Corporation compare?

The operating margin is 14.1% for DTE Energy and 18.6% for PG&E Corporation. Filings: quarter to 30 Jun 2026 and 30 Sep 2026.

Do DTE Energy and PG&E Corporation shares move together?

Over the past year the correlation of their daily returns was 0.38 (loosely together); 1 means they always move together, 0 unrelated, −1 opposite. Prices at close 28 Oct 2026.

In the consoleCompare up to four companies with every model readingMembers see the 63-session chance of a rise and all four horizons, side by side in Research › Compare.
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The two company pagesDTE Energy (DTE) forecast and analysisPG&E Corporation (PCG) forecast and analysis
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Model readings are research estimates, not investment advice. Prices: daily closes. Fundamentals: the latest SEC filings. Short interest: FINRA, settlement 30 Sep 2026. A dash means the figure is not in our data; it is never shown as zero. The model view follows a published rule: next month by the sign of the expected return, the long run positive at a fair value 10% or more above the price and negative at 10% or more below it.