PCG drawdown: 75.0% below the all-time high
Pacific Gas & Electric Co. (PCG) is 75.0% below its all-time high, set Sep 11, 2017 (as of market close, Jul 24, 2026). The chart shows every day as a percentage of the highest level reached up to that point: 100% means a fresh record, everything below is a drawdown. "All-time" means since our price data begins (1972).
- Below all-time high
- −75.0%
- 25.0% of ATH
- All-time high
- $71.56
- Sep 11, 2017
- Time below the high
- 8.9 yrs
- since Sep 11, 2017
- Worst-ever drawdown
- −94.7%
- Oct 28, 2019
- Longest underwater
- 11.8 yrs
- between all-time highs
- Today's level first reached
- Apr 12, 1985
- 41.3 yrs ago
- Last time this deep
- Oct 16, 2002
- in a previous episode
% of all-time high since 1972#
The classic underwater chart (drawdown curve), drawn as % of the all-time high — 100% is a fresh record, everything below it is time spent underwater.
% of all-time high on the price basis — the all-time high considers the full history of PCG, including years before the visible window. Dividends are excluded on this basis (the convention headlines use).
The deepest drawdowns on record#
Every decline of 15% or more from an all-time high (price basis), deepest first.
| Peak | Trough | Depth | Peak → trough | Recovered by | Underwater |
|---|---|---|---|---|---|
| Sep 11, 2017 | Oct 28, 2019 | −94.7% | 2.1 yrs | not yet | 8.9 yrs+ |
| Sep 1, 1993 | Apr 6, 2001 | −82.0% | 7.6 yrs | Jun 9, 2005 | 11.8 yrs |
| Aug 26, 1986 | May 2, 1988 | −48.6% | 1.7 yrs | Aug 15, 1991 | 5.0 yrs |
| Dec 13, 1972 | Oct 4, 1974 | −48.3% | 1.8 yrs | Nov 22, 1983 | 10.9 yrs |
| Apr 25, 2007 | Oct 10, 2008 | −43.0% | 18 mo | Dec 11, 2014 | 7.6 yrs |
| Nov 30, 1983 | Mar 9, 1984 | −24.1% | 3 mo | Nov 23, 1984 | 12 mo |
| Jan 29, 2015 | Sep 4, 2015 | −20.9% | 7 mo | Jun 1, 2016 | 16 mo |
Price basis (no dividends) — the convention crash histories use. With dividends reinvested, recoveries arrive years earlier; switch the basis on the chart above to see it.
Drawdown vs what came next#
One dot per month since 1972: how far PCG stood below its all-time high, and the total return over the following 1, 5 and 10 years.
Read this with survivorship bias in mind: PCG is on this chart precisely because it survived — the many stocks that fell this far and never recovered (or were delisted) aren't on anyone's chart, so past recoveries here say little about the odds ahead. Monthly windows also overlap heavily (they are not independent samples). Not investment advice.
FAQ
- How far is PCG from its all-time high?
- PCG is currently 75.0% below its all-time high, set Sep 11, 2017 (as of market close, Jul 24, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest PCG drawdown ever?
- The deepest decline on record in our data (since 1972) took the stock 94.7% below its prior high, bottoming Oct 28, 2019. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily closing prices since 1972 (split-adjusted). "All-time" means since our price data begins — PCG may have traded earlier. For a 150-year index drawdown record see the S&P 500 drawdown page. The price basis excludes dividends; the total-return basis reinvests them; the real basis additionally deflates by CPI. See also returns by year, 150 years of returns and the rolling-returns explorer. Past performance does not predict future returns; not investment advice.