The current PE ratio for Pinnacle West Capital stock as of Jul 25, 2024 is 18.17. This is calculated based on the current EPS of $4.6 and the stock price of $83.59 per share. The current price-to-earnings ratio is nearly the same as the last four quarters average.
The average historical PE ratio of Pinnacle West Capital for the last ten years is 17.6. The current PE ratio of 18.17 is 3.2% above the historical average. Over the past ten years, PNW's PE ratio was at its highest in the Jun 2023 quarter at 22.82, when the stock price was $81.46 and the EPS was $3.57. The lowest value was in the Dec 2021 quarter, when it reached 12.88 with a price of $70.59 and an EPS of $5.48.
Maximum annual increase: 38.28% in 2022
Maximum annual decrease: -21.22% in 2021
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 16.25 | -8.76% |
| 2022 | 17.81 | 38.28% |
| 2021 | 12.88 | -21.22% |
| 2020 | 16.35 | -12.89% |
| 2019 | 18.77 | 0.48% |
| 2018 | 18.68 | -4.16% |
| 2017 | 19.49 | -0.81% |
| 2016 | 19.65 | 20.04% |
| 2015 | 16.37 | -13.98% |
| 2014 | 19.03 | 32.71% |
PNW's current P/E ratio is above the 3, 5 and 10-year historical averages.
Compared to its peers EIX and IDA, PNW's PE ratio stands lower, however it is higher than XEL's and NWE's. Pinnacle West Capital's PE ratio is trading below the peer group average of 20.58.
| Stock name | PE ratio | Market cap |
|---|---|---|
| AVA Avista Corp | 16.26 | $3.08B |
| NWE Northwestern Corp | 16.49 | $3.26B |
| XEL Xcel Energy Inc | 17.23 | $31.87B |
| PNW Pinnacle West Capital Corp | 18.42 | $9.62B |
| IDA Idacorp Inc | 19.5 | $4.94B |
| EIX Edison International | 31.53 | $30.32B |
| PNM Pnm Resources Inc | 44.81 | $3.68B |
As of Jul 25, 2024, PNW stock has a price to earnings ratio of 18.17.
Over the last 3 years, the average price to earnings ratio for PNW stock is 16.43.
Over the last 5 years, the average price to earnings ratio for PNW stock is 16.45.
Over the last ten years, the quarterly PE ratio reached a historic high of 22.82 in the Jun 2023 quarter.
The current price to earnings ratio of PNW is 3.2% higher than the 10-year historical average.
The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Jul 25, 2024), Pinnacle West Capital's stock price is $83.59. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $4.6. Therefore, Pinnacle West Capital's P/E ratio for today is 18.17. PE RATIO(18.17) = STOCK PRICE($83.59) / TTM EPS($4.6)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.