Valuation dashboard for Portland General Electric Company (POR) with P/E 18.98, P/B 1.21, EV/EBITDA 9.4 and dividend yield 4.85%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Utilities companies.
Portland General Electric (PGE) functions as a fully integrated electric utility, overseeing the generation, wholesale procurement, transmission, distribution, and direct retail sale of electricity throughout Oregon. Its power generation assets include seven hydroelectric facilities, three wind farms, and six thermal plants.
What would it be worth at its usual multiples?
Versus its usual multiples: fairly priced · Current P/E 19.0× · Multiples range: $46.66 · $49.77.
At the decade median (19.9×) $47 (+5 %); at its sector median (21.3×) $50 (+12 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.
Analysis Summary
Portland General Electric Company reported revenue of $3.37B in the most recent fiscal year, growing at a 5-year CAGR of 9.5%. Net income reached $306.0M, with a 14.6% 5-year CAGR.
Trailing-twelve-month margins: gross margin 40.1%, operating margin 15.8%, net margin 7.9%.
At $44.42 (closing price, October 30, 2026), POR trades at a P/E of 18.98 and an ROE of 6.54%. Market capitalisation stands at $5.3B.
Balance sheet quality for POR: debt-to-equity ratio of 1.22, current ratio of 1.15 over the last 12 months. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.
Valuation Ratios
| P/E Ratio | 18.98 |
| Price / Book | 1.21 |
| EV / EBITDA | 9.4 |
| Dividend Yield | 4.85% |
Peer Comparison
| Symbol | Company | Market Cap | P/E | P/B | ROE |
|---|---|---|---|---|---|
| POR | Portland General Electric Company | $5.3B | 18.98 | 1.21 | 6.5% |
| LNT | Alliant Energy Corporation | $18.6B | 19.96 | 2.38 | 12.4% |
| NWE | Northwestern Energy Group Inc | $4.9B | 28.81 | 1.70 | 5.9% |
| CMS | CMS Energy Corporation | $22.0B | 24.60 | 2.26 | 9.2% |
| PNW | Pinnacle West Capital Corporation | $12.9B | 20.40 | 1.83 | 9.0% |
| IDA | IDACORP, Inc. | $8.6B | 22.33 | 2.06 | 9.9% |
| TXNM | TXNM Energy, Inc. | $6.4B | 28.03 | 1.69 | 6.5% |
| BKH | Black Hills Corporation | $6.3B | 20.71 | 1.58 | 7.7% |
Price
| Price | $44.42 (closing price, October 30, 2026) |
| Market Cap | $5.3B |
| Exchange | NYSE |
| Country | US |
Profitability
| Return on Equity | 6.54% |
| Return on Invested Capital | 3.71% |
| Return on Assets | 1.98% |
| Gross Margin | 40.06% |
| Operating Margin | 15.76% |
| Net Margin | 7.85% |
Related companies: LNT · NWE · CMS · PNW · IDA · TXNM · BKH · AVA
Explore sector: Utilities · Regulated Electric
More sections of POR: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events
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