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
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.
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.
Average
30.63
Median
24.71
Minimum
18.38
Maximum
52.19
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
| Year | PE Ratio | Change |
|---|---|---|
| 2025 | 36.18 | 96.91% |
| 2024 | 18.38 | -54.67% |
| 2023 | 40.54 | 64.07% |
| 2022 | 24.71 | 23.85% |
| 2021 | 19.95 | -11.12% |
| 2020 | 22.45 | -56.99% |
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.’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),
| Company | PE Ratio | Market cap |
|---|---|---|
| 23.90 | $4.50B | |
| 19.50 | $4.42B | |
| 11.66 | $7.46B | |
| 7.80 | $96.75M | |
| 58.88 | $2.55B | |
| 26.95 | $4.49B | |
| 20.85 | $2.02B | |
| 21.57 | $375.20M | |
| -3.94 | $2.77B |
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