PNM Historical PE Ratio image   This PNM PE ratio history page last updated 8/8/2022
PNM Historical PE Ratio Chart
PeriodPriceAdj. EPSAnnualizedPE
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
PNM PE History Chart
PeriodPriceAdj. EPSTTMPE
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
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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:

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How should the PNM historical PE ratio be determined?
Realizing that PE stands for Price to Earnings ratio, we need two values to compute it: stock price and earnings per share. The stock price at any given date is a known historical value, but what about the earnings number to use?

✔️Accepted answer: There are a number of different approaches when it comes to calculating a historical PE ratio for a company like PNM Resources. We like to take our measurements on each of the past quarterly earnings reports. That only leaves the question of whether the earnings number at that quarterly report should be used on an annualized basis, or some other method. We approach this question using three different methods, on this PNM Historical PE Ratio page.

What is the average historical PE for PNM based on annualized quarterly earnings?
As we look back through earnings history, what is the resulting PE calculation if at each measurement period we use that quarter's earnings result annualized?

✔️Accepted answer: The PNM historical PE ratio using the annualized quarterly earnings method works out to 29.4.

What is the average historical PE for PNM based on trailing twelve month earnings?
As we look back through earnings history, what is the resulting PE calculation if at each measurement period we use the trailing twelve months combined earnings result in the calculation?

✔️Accepted answer: The PNM historical PE ratio using the TTM earnings method works out to 20.7.

What is the average historical PE for PNM based on median TTM earnings?
As we look back through earnings history, what is the resulting PE calculation if at each measurement period we use the median earnings over the trailing twelve months and annualize that median result in the calculation?

✔️Accepted answer: The PNM historical PE ratio using the annualized median TTM earnings method works out to 1.4.

On this page we presented the PNM Historical PE Ratio information for PNM Resources' stock. The average PNM historical PE 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 29.4. 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 historical PE based on this TTM earnings result method is 20.7.

Let's now compare this PNM historical PE result, against the recent PE: when this page was posted on 8/5/2022, the most recent closing price for PNM had been 48.10, and the most recent quarterly earnings result, annualized, was 2.28. Meanwhile, the most recent TTM earnings summed to 1.28. From these numbers, we calculate the recent PNM PE on 8/5/2022 based on annualized quarterly EPS was 21.1. Based on PNM's history, that recent PE is low relative to the historical average, with the recent PE 28.2% lower than the historical average PE across our data set for PNM Resources. Looking at the recent PNM PE on 8/5/2022 based on TTM EPS, we calculate the ratio at 37.6. Based on PNM's history, that recent PE is elevated relative to the historical average, with the recent PE 81.6% higher than the historical average PE across our PNM Resources data set with TTM EPS used in the calculation at each period.

Another interesting PNM historical PE Ratio 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: 0.00, 0.21, 0.50, and 0.57. We then toss out the highest and lowest result, and then take the average of those two middle numbers — 0.21 and 0.50 — which gives us the median of 0.35. Basically the way to think about this 0.35 number is this: for the trailing four earnings reports, 0.35 marks the "middle ground" number where PNM has reported a value higher than 0.35 half the time, and has reported a value lower than 0.35 half the time. Annualizing that median value then gets us to 1.4/share, which we use as the denominator in our next PE calculation. With 48.10 as the numerator (as of 8/5/2022), the calculation is then 48.10 / 1.4 = 34.4 as the PNM PE ratio as of 8/5/2022, 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 calculations. This exercise can help inform an analysis as to whether the past earnings trajectory and current versus historical PE ratios justify the current stock value.

That's why we bring you HistoricalPERatio.com to make it easy for investors to investigate PNM Resources PE history or the past PE information 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 earnings surprises history (beat/miss data) as well as next earnings dates for PNM. Thanks for visiting, and the next time you need to research PNM Historical PE Ratio or the ratio for another stock, we hope you'll think of our site, as your go-to historical PE ratio research resource of choice.

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