PNM Historical PE Ratio image   This PNM PE ratio history page last updated 3/12/2024
PNM PE History Chart
PeriodPriceEarningsTTMPE
Q4 2023
2/6/2024
36.200.182.8212.8
Q3 2023
10/27/2023
42.941.542.7915.4
Q2 2023
8/4/2023
44.330.552.7116.4
Q1 2023
5/5/2023
48.390.552.7317.7
Q4 2022
2/24/2023
49.270.152.6818.4
Q3 2022
11/4/2022
46.921.462.5318.5
Q2 2022
8/4/2022
48.200.571.2837.7
Q1 2022
4/28/2022
47.750.502.0823.0
Q4 2021
3/1/2022
44.640.212.4518.2
Q3 2021
10/28/2021
50.041.372.3920.9
Q2 2021
7/30/2021
48.330.552.4220.0
Q1 2021
4/30/2021
49.360.322.4220.4
Q4 2020
2/26/2021
48.010.152.2821.1
Q3 2020
10/30/2020
50.001.402.4920.1
Q2 2020
7/31/2020
42.230.552.3817.7
Q1 2020
4/13/2020
43.790.182.2019.9
Q4 2019
2/28/2020
47.080.362.1521.9
Q3 2019
11/1/2019
51.761.291.9726.3
Q2 2019
8/2/2019
49.140.371.7627.9
Q1 2019
5/7/2019
46.790.131.9224.4
Q4 2018
2/27/2019
43.830.182.0021.9
Q3 2018
11/6/2018
39.351.082.0619.1
Q2 2018
7/31/2018
39.350.531.9120.6
Q1 2018
4/27/2018
40.050.211.8721.4
Q4 2017
2/27/2018
35.500.241.9418.3
Q3 2017
10/27/2017
43.250.932.0421.2
Q2 2017
7/28/2017
39.250.491.8920.8
Q1 2017
4/28/2017
37.250.281.8020.7
Q4 2016
2/28/2017
36.300.341.6522.0
Q3 2016
10/28/2016
31.950.781.5420.7
Q2 2016
8/8/2016
32.890.401.5221.6
Q1 2016
4/29/2016
31.680.131.5620.3
Q4 2015
2/26/2016
31.820.231.6419.4
Q3 2015
10/30/2015
28.120.761.6517.0
Q2 2015
7/31/2015
26.380.441.5716.8
Q1 2015
5/1/2015
27.680.211.5218.2
Q4 2014
2/27/2015
28.550.241.4719.4
Q3 2014
10/31/2014
28.850.681.4420.0
Q2 2014
8/1/2014
25.130.391.4417.5
Q1 2014
5/2/2014
26.790.161.4318.7
Q4 2013
2/27/2014
25.580.211.4517.6
Q3 2013
11/1/2013
23.980.681.3717.5
Q2 2013
8/2/2013
24.290.381.3817.6
Q1 2013
5/6/2013
23.410.181.2718.4
Q4 2012
3/1/2013
22.670.13NANA
Q3 2012
11/2/2012
21.980.69NANA
Q2 2012
5/4/2012
18.420.27NANA
PNM Historical PE Ratio Chart
PeriodPriceEarningsAnnualizedPE
Q4 2023
2/6/2024
36.200.180.7250.3
Q3 2023
10/27/2023
42.941.546.167.0
Q2 2023
8/4/2023
44.330.552.2020.1
Q1 2023
5/5/2023
48.390.552.2022.0
Q4 2022
2/24/2023
49.270.150.6082.1
Q3 2022
11/4/2022
46.921.465.848.0
Q2 2022
8/4/2022
48.200.572.2821.1
Q1 2022
4/28/2022
47.750.502.0023.9
Q4 2021
3/1/2022
44.640.210.8453.1
Q3 2021
10/28/2021
50.041.375.489.1
Q2 2021
7/30/2021
48.330.552.2022.0
Q1 2021
4/30/2021
49.360.321.2838.6
Q4 2020
2/26/2021
48.010.150.6080.0
Q3 2020
10/30/2020
50.001.405.608.9
Q2 2020
7/31/2020
42.230.552.2019.2
Q1 2020
4/13/2020
43.790.180.7260.8
Q4 2019
2/28/2020
47.080.361.4432.7
Q3 2019
11/1/2019
51.761.295.1610.0
Q2 2019
8/2/2019
49.140.371.4833.2
Q1 2019
5/7/2019
46.790.130.5290.0
Q4 2018
2/27/2019
43.830.180.7260.9
Q3 2018
11/6/2018
39.351.084.329.1
Q2 2018
7/31/2018
39.350.532.1218.6
Q1 2018
4/27/2018
40.050.210.8447.7
Q4 2017
2/27/2018
35.500.240.9637.0
Q3 2017
10/27/2017
43.250.933.7211.6
Q2 2017
7/28/2017
39.250.491.9620.0
Q1 2017
4/28/2017
37.250.281.1233.3
Q4 2016
2/28/2017
36.300.341.3626.7
Q3 2016
10/28/2016
31.950.783.1210.2
Q2 2016
8/8/2016
32.890.401.6020.6
Q1 2016
4/29/2016
31.680.130.5260.9
Q4 2015
2/26/2016
31.820.230.9234.6
Q3 2015
10/30/2015
28.120.763.049.2
Q2 2015
7/31/2015
26.380.441.7615.0
Q1 2015
5/1/2015
27.680.210.8433.0
Q4 2014
2/27/2015
28.550.240.9629.7
Q3 2014
10/31/2014
28.850.682.7210.6
Q2 2014
8/1/2014
25.130.391.5616.1
Q1 2014
5/2/2014
26.790.160.6441.9
Q4 2013
2/27/2014
25.580.210.8430.5
Q3 2013
11/1/2013
23.980.682.728.8
Q2 2013
8/2/2013
24.290.381.5216.0
Q1 2013
5/6/2013
23.410.180.7232.5
Q4 2012
3/1/2013
22.670.130.5243.6
Q3 2012
11/2/2012
21.980.692.768.0
Q2 2012
5/4/2012
18.420.271.0817.1
Quotes delayed 20 minutes

Email EnvelopeFree PNM Email Alerts:
Get Dividend Alerts
Get SEC Filing Alerts
10 Most Oversold S&P 500 Stocks
10 Most Overbought S&P 500 Stocks
10 ETFs With Stocks Insiders Are Buying
10 ETFs With Most Upside To Targets
The DividendRank Top 25
Warren Buffett Dividend Stocks
10 Cheap Dividend Stocks Under $10
10 Top DividendRank'ed Energy Stocks
The 10 Highest Yielding Preferred Stocks
The 10 Highest Yielding Preferred Stocks
The 15 Most Active S&P Call & Put Options
PNM Resources (PNM) is categorized under the Utilities sector; to help you further research PE history across stocks, below are some other companies in the same sector:

PNW PE Ratio History
POR PE Ratio History
PPL PE Ratio History
RGCO PE Ratio History
SJI PE Ratio History
SJW PE Ratio History
SLNG PE Ratio History
SO PE Ratio History
SPKE PE Ratio History
SPRU PE Ratio History
On this page we presented the PNM PE Ratio History information for PNM Resources' stock. The average PNM PE ratio history based on using the annualized quarterly earnings result at each measurement period (for the "E" in the PE calculation; and the closing price on earnings date as the "P") is 29.7. Meanwhile, using the trailing twelve month (TTM) quarterly earnings result as our method of calculation the "E" value at each measurement period, the average PNM PE ratio history based on this TTM earnings result method is 20.1.

Let's now compare this PNM PE ratio history result, against the recent PE: when this page was posted on 3/11/2024, the most recent closing price for PNM had been 37.71, and the most recent quarterly earnings result, annualized, was 0.72. Meanwhile, the most recent TTM earnings summed to 2.82. From these numbers, we calculate the recent PNM PE on 3/11/2024 based on annualized quarterly EPS was 52.4. Based on PNM's history, that recent PE is elevated relative to the historical average, with the recent PE 76.4% higher than the historical average PE across our data set for PNM Resources. Looking at the recent PNM PE on 3/11/2024 based on TTM EPS, we calculate the ratio at 13.4. Based on PNM's history, that recent PE is low relative to the historical average, with the recent PE 33.3% lower than the average PE across our PNM Resources data set with TTM EPS used in the calculation at each period.

Another interesting PNM PE ratio history calculation we look at is to take the median earnings per share of the last four quarters for PNM, and then annualize the resulting value... with that annualized number then being used in the PE calculation. To walk through this math for PNM, we start with the past four EPS numbers and we first sort them from lowest to highest: 0.18, 0.55, 0.55, and 1.54. We then toss out the highest and lowest result, and then take the average of those two middle numbers — 0.55 and 0.55 — which gives us the median of 0.55. Basically the way to think about this 0.55 number is this: for the trailing four earnings reports, 0.55 marks the "middle ground" number where PNM has reported a value higher than 0.55 half the time, and has reported a value lower than 0.55 half the time. Annualizing that median value then gets us to 2.2/share, which we use as the denominator in our next PE calculation. With 37.71 as the numerator (as of 3/11/2024), the calculation is then 37.71 / 2.2 = 17.1 as the PNM PE ratio as of 3/11/2024, based on that annualized median value we calculated.

For self directed investors doing their due diligence on PNM or any other given stock, valuation analysis for PNM can greatly benefit from studying the past earnings and resulting PE ratio history calculations. This type of study can help inform an analysis as to whether the earnings trajectory over time and current versus historical average PE ratios justify the current stock market value.

That's why we bring you HistoricalPERatio.com to make it easy for investors to investigate PNM Resources PE ratio history — or the PE history for any stock in our coverage universe. And in your continued research we hope you will be sure to check out the further links included for next earnings dates and also historical earnings surprises history for PNM. Thanks for visiting, and the next time you need to research PNM PE Ratio History or the PE ratio history for another stock, we hope our site will come to mind as your go-to PE ratio history research resource of choice.

Recommended: Top Ten Hedge Funds Holding JOBY, SFNC Dividend Growth Rate, Funds Holding BKTI.

 

PNM PE Ratio History | www.HistoricalPERatio.com | Copyright © 2020 - 2024, All Rights Reserved

Nothing in HistoricalPERatio.com is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and market videos powered by Market News Video. Quote and option data delayed at least 15 minutes; stock quote data powered by Ticker Technologies, and Mergent.
X
Wait! Don't leave yet.
Want to receive our latest research absolutely free?


Click the button below for your complimentary copy of Your Early Retirement Portfolio: Dividends Up to 9.5%—Every Month—Forever.

You'll discover the details on 4 stocks and funds that pay you massive dividends as high as 9.5%.