BKH currently has a PEG ratio reading of 3.77 as of Nov 11, 2026. This value reflects a P/E ratio of 20.75 measured against EPS growth of 5.5%.
BKH PEG ratio history
A ten years lookback shows an average PEG ratio of 4.49 for Black Hills. Compared to historical data, BKH's 3.77 PE to growth ratio represents a decline of 16%. BKH reached its maximum PEG ratio of 62.17 during the Jun 2026 quarter over the past ten years. The Jun 2017 quarter had the bottom reading at 0.03, indicating the most optimal growth-adjusted valuation.
Black Hills PEG ratio by year
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 8.7 | 17.4 | 2% |
| 2024 | N/A | 14.97 | 0% |
| 2023 | N/A | 13.8 | -1.8% |
| 2022 | 2.76 | 17.67 | 6.4% |
| 2021 | 7.55 | 18.87 | 2.5% |
| 2020 | 1.54 | 16.84 | 10.9% |
| 2019 | N/A | 23.87 | -30.7% |
| 2018 | 0.31 | 13.22 | 42.6% |
| 2017 | 0.13 | 18.05 | 136.2% |
| 2016 | 0.15 | 43.5 | 298.6% |
| 2015 | N/A | N/A | -124.1% |
| 2014 | 1.65 | 17.98 | 10.9% |
| 2013 | 1.44 | 19.74 | 13.7% |
| 2012 | 0.18 | 15.53 | 87.2% |
| 2011 | N/A | 26.86 | -29% |
Black Hills PEG ratio by quarter (TTM)
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Sep 2026 | 3.04 | 16.73 | 5.5% |
| Jun 2026 | 62.17 | 18.65 | 0.3% |
| Mar 2026 | N/A | 17.94 | -1.5% |
| Dec 2025 | 8.7 | 17.4 | 2% |
| Sep 2025 | 2.42 | 15.51 | 6.4% |
| Jun 2025 | N/A | 14.1 | -1.7% |
| Mar 2025 | N/A | 15.43 | -3.4% |
| Dec 2024 | N/A | 14.97 | 0% |
| Sep 2024 | N/A | 16.39 | -3.4% |
| Jun 2024 | 1.56 | 13.43 | 8.6% |
| Mar 2024 | 3.05 | 13.42 | 4.4% |
| Dec 2023 | N/A | 13.8 | -1.8% |
| Sep 2023 | N/A | 13.11 | -3.3% |
| Jun 2023 | N/A | 16.16 | -10.1% |
| Mar 2023 | N/A | 16.18 | -3.2% |
BKH average PEG ratio chart
BKH's PEG ratio today is below the 3, 5 and 10-year averages.
PEG comparison
Black Hills's PEG of 3.77 is above the Utilities sector, the industry and its peers average. Compared to its Utilities sector average of 1.45, Black Hills's PEG is 160% higher.
BKH EPS growth
BKH Price vs fair value
BKH PEG vs peers
BKH has a PEG ratio above that of peer stocks DUK and XEL. With a PEG ratio of 3.77, Black Hills stands higher than the 1.55 peer average.
Frequently asked questions
What is Black Hills's PEG ratio?
BKH shows a PEG ratio of 3.77, per Nov 11, 2026 data.
What is the 3-year average PEG ratio for Black Hills (BKH)?
Over the last 3 years, BKH's PEG ratio has settled near 13.49.
What is the 5-year average PEG ratio for Black Hills (BKH)?
Over the last 5 years, BKH's PEG ratio has settled near 9.2.
What is the highest PEG ratio for BKH?
The Jun 2026 quarter marked the ten years high at 62.17 for BKH's PEG ratio.
How does the current PEG ratio for BKH compare to its historical average?
Currently, BKH's PEG ratio stands 16% lower than its 10-year historical average.
Why is Black Hills's PEG ratio so high?
A 3.77 PEG ratio for BKH suggests the stock is priced at a premium relative to its growth trajectory.
How is BKH's PEG ratio calculated (Black Hills PEG ratio formula)?
Computing the PEG ratio involves dividing the PE ratio by the company's EPS growth (YoY TTM). As of Nov 11, 2026, Black Hills has a P/E ratio of 20.75. Earnings grew at 5.5% over the TTM period ending Sep 2026. Applying the formula, this produces a price to earnings growth ratio of 3.77. PEG RATIO(3.77) = PE RATIO(20.75) / EPS GROWTH(5.5%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.