As of Jul 25, 2024, the Pnm Resources stock's PE ratio is 44.88. This takes into account the latest EPS of $0.91 and stock price of $40.84. The PE ratio has an increase of 46% from its last 4 quarters average of 30.8.
The PE ratio of Pnm Resources has averaged 132.73 over the last ten years. The current price-to-earnings ratio of 44.88 is 66% less than the historical average. Analyzing the last ten years, PNM's PE ratio reached its highest point in the Sep 2016 quarter at 3,272, when the price was $32.72 and the EPS was $0.01. The lowest point was recorded in the Jun 2015 quarter, when it reached 16.18 with a price of $24.6 and an EPS of $1.52.
Maximum annual increase: 653.33% in 2015
Maximum annual decrease: -84.74% in 2016
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 40.78 | 64.63% |
| 2022 | 24.77 | 23.85% |
| 2021 | 20 | -10.99% |
| 2020 | 22.47 | -57.02% |
| 2019 | 52.28 | 36.15% |
| 2018 | 38.4 | -5.07% |
| 2017 | 40.45 | 73.38% |
| 2016 | 23.33 | -84.74% |
| 2015 | 152.85 | 653.33% |
| 2014 | 20.29 | 6.01% |
The current PE ratio of PNM is above its 3 and 5-year averages, but it is under its 10-year average.
When compared to its peer stocks NEE and PCG, PNM's PE ratio is higher. Pnm Resources's PE ratio is trading above the peer average of 20.63.
| Stock name | PE ratio | Market cap |
|---|---|---|
| PCG PG&E Corp | 15.28 | $47.15B |
| NWE Northwestern Corp | 16.5 | $3.27B |
| XEL Xcel Energy Inc | 17.22 | $31.86B |
| PNW Pinnacle West Capital Corp | 18.42 | $9.62B |
| IDA Idacorp Inc | 19.5 | $4.94B |
| NEE Nextera Energy Inc | 24.03 | $152.63B |
| EIX Edison International | 31.53 | $30.32B |
| PNM Pnm Resources Inc | 44.81 | $3.68B |
The price to earnings ratio for PNM stock as of Jul 25, 2024, stands at 44.88.
The 3-year average PE ratio for PNM stock is 25.55.
The 5-year average PE ratio for PNM stock is 27.68.
Over the last ten years, the Sep 2016 quarter recorded the highest quarterly PE ratio at 3,272.
PNM's price to earnings ratio is currently 66% below its 10-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Jul 25, 2024), Pnm Resources's share price is $40.84. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $0.91. Therefore, Pnm Resources's price to earnings ratio for today is 44.88. PE RATIO(44.88) = STOCK PRICE($40.84) / TTM EPS($0.91)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.