Their TES was probably about right, but their PCS was too high for that skate. Meanwhile the PCS of P&T was much too low. I would have had P&T at about 72-73 for PCS for their skate tonight (higher than S&K slightly despite that they had an amazing skate) and S&S down where P&T actually were or lower (66-68). For P&T to be several points behind S&S in PCS tonight was an epic joke, as most will continue to recognize, including the NBC and Eurosport commentators who have already derided S&S's beating P&T.
P&T being robbed in the Olympics is nothing new though. Happened in 2006 and 2010 as well. Atleast unlike others they know they fully earned every medal in their career, and persevered even mostly with the judges against them, as opposed to kissing their behind and bending over backwards to give them extra points and help for years such as Chan, S&S, S&Z, D&W, and others.
As I said a case could be made for lower PCS. But I don't think it would have made a difference in the result. Even a PCS equaling their TES (which would make it lower than P/T) would still have them winning over the bronze by a few points due to their SP lead.
P/T also made errors on SBS jumps, so it's not like they lost out on a medal despite clean performances.