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PNW Pinnacle West Capital PE ratio, current and historical analysis

The current PE ratio for Pinnacle West Capital stock as of Feb 23, 2024 is 16.79. This is calculated based on the current EPS of $4.2 and the stock price of $70.5 per share. The P/E ratio has a decrease of 13% from the past four quarters average of 19.4.

PNW PE ratio history

How has PNW's PE ratio performed in the past

The average historical PE ratio of Pinnacle West Capital for the last ten years is 17.57. The current PE ratio of 16.79 is 4.4% below 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.

Average
17.57
Median
17.72
Minimum
12.88
Maximum
22.82

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
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%
2013 14.34 -2.12%

PNW average PE ratio chart

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

PNW's current P/E ratio is above the 3-year historical average, but it is below the 5 and 10-year averages.

3-year avg
16.42
5-year avg
16.92
10-year avg
17.57
15-year avg
20.11

PNW PE vs peers

What is PNW's PE ratio compared to its 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 18.21.

Stock name PE ratio Market cap
AVA Avista Corp 14.88 $2.61B
NWE Northwestern Corp 14.99 $2.96B
PNW Pinnacle West Capital Corp 16.48 $7.85B
IDA Idacorp Inc 17.23 $4.49B
XEL Xcel Energy Inc 18.24 $32.51B
PNM Pnm Resources Inc 20.65 $3.17B
EIX Edison International 21.5 $25.79B

Frequently asked questions

What is Pinnacle West Capital's PE ratio?

As of Feb 23, 2024, PNW stock has a price to earnings ratio of 16.79.

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 16.42.

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 16.92.

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 4.4% 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 (Feb 23, 2024), Pinnacle West Capital's stock price is $70.5. The earnings per share for the trailing twelve months (TTM) ending Sep 2023 is $4.2. Therefore, Pinnacle West Capital's P/E ratio for today is 16.79. PE RATIO(16.79) = STOCK PRICE($70.5) / TTM EPS($4.2)

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