According to Pinnacle West Capital 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.5843. At the end of 2022 the company had a P/E ratio of 17.8.
Year | P/E ratio | Change |
---|---|---|
2022 | 17.8 | 38.25% |
2021 | 12.9 | -21.21% |
2020 | 16.3 | -12.92% |
2019 | 18.8 | 0.48% |
2018 | 18.7 | -4.14% |
2017 | 19.5 | -0.83% |
2016 | 19.7 | 20.4% |
2015 | 16.3 | -14.21% |
2014 | 19.0 | 32.68% |
2013 | 14.3 | -2.38% |
2012 | 14.7 | -5.17% |
2011 | 15.5 | 19.6% |
2010 | 13.0 | -75.92% |
2009 | 53.8 | 301.82% |
2008 | 13.4 | -3.41% |
2007 | 13.9 | -10.05% |
2006 | 15.4 | -32.56% |
2005 | 22.8 | 36.84% |
2004 | 16.7 | 10.55% |
2003 | 15.1 | -22.03% |
2002 | 19.4 | 70.32% |
2001 | 11.4 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
Edison International
EIX | 21.6 | 22.57% | ๐บ๐ธ USA |
Xcel Energy XEL | 16.9 | -3.93% | ๐บ๐ธ USA |
PNM Resources PNM | 20.9 | 18.98% | ๐บ๐ธ USA |
NorthWestern Corporation
NWE | 16.7 | -4.99% | ๐บ๐ธ USA |
Idacorp IDA | 17.2 | -2.10% | ๐บ๐ธ USA |
Avista
AVA | 15.6 | -11.16% | ๐บ๐ธ USA |
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.