SWX Southwest Gas Holdings PE ratio, current and historical analysis
The current PE ratio for Southwest Gas Holdings stock as of Feb 21, 2025 is 30.76. This is calculated based on the TTM EPS of $2.5 and the stock price of $76.89 per share. The PE ratio marks an increase of 7% from its last 4 quarters average of 28.8.
SWX PE ratio history
The average historical PE ratio of Southwest Gas Holdings for the last ten years is 21.79. The current P/E ratio of 30.76 is 41% higher than the historical average. Looking back at the last ten years, SWX's PE ratio peaked in the Jun 2022 quarter at 35.54, when the price was $87.08 and the EPS was $2.45. The lowest point was in the Mar 2021 quarter, when it reached 14.08 with a price of $68.71 and an EPS of $4.88.
Southwest Gas Holdings PE ratio by year
Maximum annual increase: 41.12% in 2021
Maximum annual decrease: -24.07% in 2020
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2023 | 29.74 | N/A | $63.35 | $2.13 |
| 2022 | N/A | N/A | $61.88 | -$3.1 |
| 2021 | 20.66 | 41.12% | $70.05 | $3.39 |
| 2020 | 14.64 | -24.07% | $60.75 | $4.15 |
| 2019 | 19.28 | -6.99% | $75.97 | $3.94 |
| 2018 | 20.73 | 4.07% | $76.5 | $3.69 |
| 2017 | 19.92 | -16.79% | $80.48 | $4.04 |
| 2016 | 23.94 | 27.61% | $76.62 | $3.2 |
| 2015 | 18.76 | -7.72% | $55.16 | $2.94 |
| 2014 | 20.33 | 14.15% | $61.81 | $3.04 |
| 2013 | 17.81 | 21.4% | $55.91 | $3.14 |
| 2012 | 14.67 | -15.4% | $42.41 | $2.89 |
| 2011 | 17.34 | 8.31% | $42.49 | $2.45 |
| 2010 | 16.01 | 9.43% | $36.67 | $2.29 |
| 2009 | 14.63 | -18.77% | $28.53 | $1.95 |
Southwest Gas Holdings PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Sep 2024 | 29.5 | 6.88% | $73.76 | $2.5 |
| Jun 2024 | 27.6 | -2.47% | $70.38 | $2.55 |
| Mar 2024 | 28.3 | -4.84% | $76.13 | $2.69 |
| Dec 2023 | 29.74 | N/A | $63.35 | $2.13 |
| Sep 2023 | N/A | N/A | $60.41 | -$3.17 |
| Jun 2023 | N/A | N/A | $63.65 | -$3.4 |
| Mar 2023 | N/A | N/A | $62.45 | -$3.9 |
| Dec 2022 | N/A | N/A | $61.88 | -$3.1 |
| Sep 2022 | 28.35 | -20.23% | $69.75 | $2.46 |
| Jun 2022 | 35.54 | 35.29% | $87.08 | $2.45 |
| Mar 2022 | 26.27 | 27.15% | $78.29 | $2.98 |
| Dec 2021 | 20.66 | 27.3% | $70.05 | $3.39 |
| Sep 2021 | 16.23 | 13.5% | $66.88 | $4.12 |
| Jun 2021 | 14.3 | 1.56% | $66.19 | $4.63 |
| Mar 2021 | 14.08 | -3.83% | $68.71 | $4.88 |
SWX average PE ratio chart
SWX's current PE ratio is higher than the 3, 5 and 10-year averages.
SWX PE vs peers
In comparison to its peer stocks OKE and SRE, SWX's PE ratio is higher. Southwest Gas Holdings's PE ratio is trading above the peer average of 20.47.
| Stock name | PE ratio | Market cap |
|---|---|---|
| SRE Sempra Energy | 19.02 | $55.17B |
| NWN Northwest Natural Holding Co | 19.45 | $1.66B |
| OKE Oneok Inc | 20.78 | $57.31B |
| ATO Atmos Energy Corp | 21.41 | $23.79B |
| CNP Centerpoint Energy Inc | 21.7 | $22.35B |
| SWX Southwest Gas Holdings Inc | 30.76 | $5.52B |
| STR Sitio Royalties Corporation | N/A | $3.06B |
| NFG National Fuel Gas Co | N/A | $6.59B |
Frequently asked questions
What is Southwest Gas Holdings's PE ratio?
As of Feb 21, 2025, SWX stock has a price to earnings ratio of 30.76.
What is the 3-year average PE ratio for Southwest Gas Holdings (SWX)?
Over the last 3 years, the average price to earnings ratio for SWX stock is 29.33.
What is the 5-year average PE ratio for Southwest Gas Holdings (SWX)?
Over the last 5 years, the average price to earnings ratio for SWX stock is 22.61.
What is the highest PE ratio for SWX?
Over the last ten years, the quarterly PE ratio reached its highest level at 35.54 in the Jun 2022 quarter.
How does the current PE ratio for SWX compare to its historical average?
The current PE ratio of SWX is 41% higher than the 10-year historical average.
How is SWX's PE ratio calculated (Southwest Gas Holdings PE ratio formula)?
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Feb 21, 2025), Southwest Gas Holdings's share price is $76.89. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $2.5. Therefore, Southwest Gas Holdings's PE ratio for today is 30.76. PE RATIO(30.76) = STOCK PRICE($76.89) / TTM EPS($2.5)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.