TXNM
TXNM Energy
PE ratio, current and historical analysis
- Stocks
- Utilities
- NYSE: TXNM
- PE Ratio
As of Jun 8, 2026, the TXNM Energy stock's PE ratio is 43.68. This takes into account the latest EPS of $1.33 and stock price of $58.09. The PE ratio has an increase of 20% from its last 4 quarters average of 36.4.
TXNM PE ratio history
The PE ratio of TXNM Energy has averaged 123.85 over the last ten years. The current price-to-earnings ratio of 43.68 is 65% less than the historical average. Analyzing the last ten years, TXNM'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 2023 quarter, when it reached 16.28 with a price of $45.1 and an EPS of $2.77.
TXNM Energy PE ratio by year
Maximum annual increase: 653.33% in 2015
Maximum annual decrease: -84.74% in 2016
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 39.52 | 114.55% | $58.88 | $1.49 |
| 2024 | 18.42 | -54.83% | $49.17 | $2.67 |
| 2023 | 40.78 | 64.63% | $41.6 | $1.02 |
| 2022 | 24.77 | 23.85% | $48.79 | $1.97 |
| 2021 | 20 | -10.99% | $45.61 | $2.28 |
| 2020 | 22.47 | -57.02% | $48.53 | $2.16 |
| 2019 | 52.28 | 36.15% | $50.71 | $0.97 |
| 2018 | 38.4 | -5.07% | $41.09 | $1.07 |
| 2017 | 40.45 | 73.38% | $40.45 | $1 |
| 2016 | 23.33 | -84.74% | $34.3 | $1.47 |
| 2015 | 152.85 | 653.33% | $30.57 | $0.2 |
| 2014 | 20.29 | 6.01% | $29.63 | $1.46 |
| 2013 | 19.14 | 23.17% | $24.12 | $1.26 |
| 2012 | 15.54 | 68.73% | $20.51 | $1.32 |
| 2011 | 9.21 | N/A | $18.23 | $1.98 |
TXNM Energy PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 43.95 | 11.21% | $58.46 | $1.33 |
| Dec 2025 | 39.52 | 19.5% | $58.88 | $1.49 |
| Sep 2025 | 33.07 | 13.92% | $56.55 | $1.71 |
| Jun 2025 | 29.03 | 22.13% | $56.32 | $1.94 |
| Mar 2025 | 23.77 | 29.04% | $53.48 | $2.25 |
| Dec 2024 | 18.42 | -19.21% | $49.17 | $2.67 |
| Sep 2024 | 22.8 | -43.87% | $43.77 | $1.92 |
| Jun 2024 | 40.62 | -1.79% | $36.96 | $0.91 |
| Mar 2024 | 41.36 | 1.42% | $37.64 | $0.91 |
| Dec 2023 | 40.78 | 63.64% | $41.6 | $1.02 |
| Sep 2023 | 24.92 | 53.07% | $44.61 | $1.79 |
| Jun 2023 | 16.28 | -19.09% | $45.1 | $2.77 |
| Mar 2023 | 20.12 | -18.77% | $48.68 | $2.42 |
| Dec 2022 | 24.77 | 4.56% | $48.79 | $1.97 |
| Sep 2022 | 23.69 | -9.27% | $45.73 | $1.93 |
TXNM Price vs fair value
TXNM average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
The current PE ratio of TXNM is above its 3 and 5-year averages, but it is under its 10-year average.
PE comparison
TXNM Energy's price to earnings (P/E) of 43.68 is higher than the Utilities sector and the industry average. Looking at the Utilities sector average of 19.35, TXNM Energy's price to earnings (P/E) is 126% higher.
TXNM PE vs peers
When compared to its peer ORA, TXNM's PE ratio is lower, but it is higher than PNW's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| PNW Pinnacle West Capital Corp | 18.82 | $12.43B |
| TXNM TXNM Energy Inc. | 43.42 | $6.39B |
| ORA Ormat Technologies Inc | 65.62 | $8.43B |
| SUNE SUNation Energy Inc | N/A | $15.63M |
Frequently asked questions
What is TXNM Energy's PE ratio?
The price to earnings ratio for TXNM stock as of Jun 8, 2026, stands at 43.68.
What is the 3-year average PE ratio for TXNM Energy (TXNM)?
The 3-year average PE ratio for TXNM stock is 31.21.
What is the 5-year average PE ratio for TXNM Energy (TXNM)?
The 5-year average PE ratio for TXNM stock is 27.61.
What is the highest PE ratio for TXNM?
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 TXNM compare to its historical average?
TXNM's price to earnings ratio is currently 65% below its 10-year historical average.
How is TXNM's PE ratio calculated (TXNM Energy 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 8, 2026), TXNM Energy's share price is $58.09. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $1.33. Therefore, TXNM Energy's price to earnings ratio for today is 43.68. PE RATIO(43.68) = STOCK PRICE($58.09) / TTM EPS($1.33)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.