PNM Resources, Inc.

PNM Resources, Inc.verified

PNM

Price:

$41.77

Market Cap:

$6.36B

PNM Resources, Inc. is an American energy provider that delivers electricity and related services through its operating divisions. The company's operations are primarily conducted via two subsidiaries: Public Service Company of New Mexico (PNM) and Texas-New Mexico Power Company (TNMP). The PNM segment is responsible for the generation, transmission, and distribution of electricity. It utilizes a varied portfolio of energy sources, including coal, natural gas and oil, nuclear power, solar, wind, and geothermal. As of December 31, 2021, this division's owned and leased facilities boasted a combined net generating capacity of 2,168 megawatts. Its infrastructure at that time also comprised 3,42...[Read more]

Industry

Regulated Electric

IPO Date

1984-08-10

Stock Exchange

NYSE

Ticker

PNM

The PE Ratio as of June 2026 (TTM) for PNM Resources, Inc. (PNM) is 46.41

According to PNM Resources, Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 46.41. This represents a change of -33.89% compared to the average of 70.20 of the last 4 quarters.

PNM Resources, Inc. (PNM) Historical PE Ratio (quarterly & annually)

How has PNM PE Ratio performed in the past?

The mean historical PE Ratio of PNM Resources, Inc. over the last ten years is 30.63. The current 46.41 PE Ratio has changed 15.05% with respect to the historical average. Over the past ten years (40 quarters), PNM's PE Ratio was at its highest in in the March 2026 quarter at 351.37. The PE Ratio was at its lowest in in the December 2025 quarter at -140.94.

Quarterly (TTM)
Annual

Average

30.63

Median

24.71

Minimum

18.38

Maximum

52.19

PNM Resources, Inc. (PNM) PE Ratio by Quarter and Year

Discovering the peaks and valleys of PNM Resources, Inc. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 96.91%

Maximum Annual PE Ratio = 52.19

Minimum Annual Increase = -56.99%

Minimum Annual PE Ratio = 18.38

Quarterly (TTM)
Annual
YearPE RatioChange
202536.1896.91%
202418.38-54.67%
202340.5464.07%
202224.7123.85%
202119.95-11.12%
202022.45-56.99%

PNM Resources, Inc. (PNM) Average PE Ratio

How has PNM PE Ratio performed in the past?

The current PE Ratio of PNM Resources, Inc. (PNM) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

31.70

5-year avg

27.95

10-year avg

30.63

PNM Resources, Inc. (PNM) PE Ratio vs. Peers

How is PNM’s PE Ratio compared to its peers?

PNM Resources, Inc.’s PE Ratio is greater than DTE Energy Company JR SUB DEB 76 (23.90), greater than South Jersey Industries, Inc. (19.50), greater than UGI Corporation (11.66), greater than Via Renewables, Inc. (7.80), less than Atlantica Sustainable Infrastructure plc (58.88), greater than Algonquin Power & Utilities Cor (26.95), greater than H2O America (20.85), greater than Genie Energy Ltd. (21.57), greater than NuScale Power Corporation (-3.94),

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