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PNM Pnm Resources PE ratio, current and historical analysis

As of Jun 14, 2024, the Pnm Resources stock's PE ratio is 41.27. This takes into account the latest EPS of $0.91 and stock price of $37.56. The PE ratio has an increase of 34% from its last 4 quarters average of 30.8.

PNM PE ratio history

How has PNM's PE ratio performed in the past

The PE ratio of Pnm Resources has averaged 129.83 over the last ten years. The current price-to-earnings ratio of 41.27 is 68% 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.

Average
129.83
Median
23.02
Minimum
16.18
Maximum
3,272

Pnm Resources PE ratio by year

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%

PNM average PE ratio chart

What is the average PE ratio of PNM for the past years

The current PE ratio of PNM is above its 3 and 5-year averages, but it is under its 10-year average.

3-year avg
25.08
5-year avg
27.68
10-year avg
129.83
15-year avg
98.58

PNM PE vs peers

What is PNM's PE ratio compared to its peers

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 19.22.

Stock name PE ratio Market cap
NWE Northwestern Corp 15.36 $3.04B
PCG PG&E Corp 16.01 $47.72B
XEL Xcel Energy Inc 16.15 $29.88B
PNW Pinnacle West Capital Corp 16.63 $8.69B
IDA Idacorp Inc 18.27 $4.63B
NEE Nextera Energy Inc 19.85 $150.1B
EIX Edison International 32.25 $28.17B
PNM Pnm Resources Inc 41.27 $3.39B

Frequently asked questions

What is Pnm Resources's PE ratio?

The price to earnings ratio for PNM stock as of Jun 14, 2024, stands at 41.27.

What is the 3-year average PE ratio for Pnm Resources (PNM)?

The 3-year average PE ratio for PNM stock is 25.08.

What is the 5-year average PE ratio for Pnm Resources (PNM)?

The 5-year average PE ratio for PNM stock is 27.68.

What is the highest PE ratio for PNM?

Over the last ten years, the Sep 2016 quarter recorded the highest quarterly PE ratio at 3,272.

How does the current PE ratio for PNM compare to its historical average?

PNM's price to earnings ratio is currently 68% below its 10-year historical average.

How is PNM's PE ratio calculated (Pnm Resources PE ratio formula)?

To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Jun 14, 2024), Pnm Resources's share price is $37.56. 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 41.27. PE RATIO(41.27) = STOCK PRICE($37.56) / TTM EPS($0.91)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.