PCBs do not have a natural source in the environment, they are manufactured commercially, as explained in the Production section of this site. PCBs are either oily liquids or solids and range from colourless to light yellow, and are odourless and tasteless. Some PCBs are volatile and can exist as a vapour in air. PCBs exist in the environment as a combination of individual chlorinated biphenyl components, known as congeners, as well as impurities. There are 209 possible cogeners of Polychlorinated Biphenyls but only 130 of them readily exist in commercial products.
The chemical formula of PCBs can be presented as C(12)H(10-n)Cl(n) , where n is a number of chlorine atoms within the range of 1-10. PCBs consist of a biphenyl (two benzene rings with a carbon to carbon bond between carbon 1 on one ring and carbon 1' on the second ring) with a varying number of chlorines.
Examples of PCB Structures
Less toxic PCB structure

More toxic PCB structure

What makes one PCB cogener more toxic than another?
PCBs with chemical structures that will decrease its biodegradation are more toxic. The following is a list of characteristics that affect biodegradation:
Certain chemical properties make PCBs a good choice for commercial applications. Their ability to resist acids and bases and their thermal stablility make them generally unreactive and are therefore practical to use in dielectric fluids in transformers and capacitors, lubricants, and heat transfer fluids. They make good insulators because of their low electric conductivity, and are generally a beneficial commercial compound since they are non-explosive.
Some General PCB characteristics::
Sources:
http://www.nsc.org/library/chemical/polychlo.htm
http://www.inchem.org/documents/ehc/ehc/ehc140.htm#1.1.2
http://www.chem.unep.ch/pops/POPs_Inc/proceedings/stpetbrg/fiedler1.htm
http://environmentalchemistry.com/yogi/chemistry/pcb.html