PNW Pinnacle West Capital PE ratio, current and historical analysis
The current PE ratio for Pinnacle West Capital stock as of Nov 21, 2024 is 17.3. This is calculated based on the current EPS of $5.41 and the stock price of $93.62 per share. The P/E ratio has an increase of 10% from the past four quarters average of 15.7.
PNW PE ratio history
The average historical PE ratio of Pinnacle West Capital for the last ten years is 17.56. The current PE ratio of 17.3 is comparable to 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.
Pinnacle West Capital PE ratio by year
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 average PE ratio chart
PNW's current P/E ratio is above the 3 and 5-year historical averages, but it is below the 10-year average.
PNW PE vs peers
Compared to its peers XEL and EIX, PNW's PE ratio stands lower, however it is higher than NWE's and AVA's. Pinnacle West Capital's PE ratio is trading below the peer group average of 19.86.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NWE Northwestern Corp | 15.32 | $3.49B |
| AVA Avista Corp | 15.58 | $3.11B |
| PNW Pinnacle West Capital Corp | 17.34 | $10.67B |
| XEL Xcel Energy Inc | 21.24 | $41.1B |
| IDA Idacorp Inc | 22.01 | $6.36B |
| EIX Edison International | 25.48 | $33.73B |
Frequently asked questions
What is Pinnacle West Capital's PE ratio?
As of Nov 21, 2024, PNW stock has a price to earnings ratio of 17.3.
What is the 3-year average PE ratio for Pinnacle West Capital (PNW)?
Over the last 3 years, the average price to earnings ratio for PNW stock is 16.4.
What is the 5-year average PE ratio for Pinnacle West Capital (PNW)?
Over the last 5 years, the average price to earnings ratio for PNW stock is 16.05.
What is the highest PE ratio for PNW?
Over the last ten years, the quarterly PE ratio reached a historic high of 22.82 in the Jun 2023 quarter.
How does the current PE ratio for PNW compare to its historical average?
The current price to earnings ratio of PNW is 1.5% lower than the 10-year historical average.
How is PNW's PE ratio calculated (Pinnacle West Capital PE ratio formula)?
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 (Nov 21, 2024), Pinnacle West Capital's stock price is $93.62. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $5.41. Therefore, Pinnacle West Capital's P/E ratio for today is 17.3. PE RATIO(17.3) = STOCK PRICE($93.62) / TTM EPS($5.41)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.