PNM Resources
PNM
$36.12
Share price
0.63%
Change (1 day)
-26.21%
Change (1 year)
Categories
PNM Resources (PNM) - P/B ratio
P/B ratio as of April 2024 : 1.34
According to PNM Resources's latest financial reports the company has a price-to-book ratio of 1.34.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.
PNM Resources - P/B ratio (from 2001 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 1.48 | -20.19% |
| 2022-12-31 | 1.86 | 5.93% |
| 2021-12-31 | 1.75 | -10.83% |
| 2020-12-31 | 1.96 | -14.71% |
| 2019-12-31 | 2.30 | 24.18% |
| 2018-12-31 | 1.86 | 2.09% |
| 2017-12-31 | 1.82 | 16.83% |
| 2016-12-31 | 1.56 | 11.01% |
| 2015-12-31 | 1.40 | 7.26% |
| 2014-12-31 | 1.31 | 19.82% |
| 2013-12-31 | 1.09 | 13.49% |
| 2012-12-31 | 0.9607 | 1.41% |
| 2011-12-31 | 0.9473 | 45.51% |
| 2010-12-31 | 0.6510 | 9.88% |
| 2009-12-31 | 0.5925 | 26.18% |
| 2008-12-31 | 0.4695 | -51.77% |
| 2007-12-31 | 0.9736 | -30.37% |
| 2006-12-31 | 1.40 | 6.77% |
| 2005-12-31 | 1.31 | -5.84% |
| 2004-12-31 | 1.39 | 32.5% |
| 2003-12-31 | 1.05 | 11.1% |
| 2002-12-31 | 0.9447 |
P/B ratio for similar companies or competitors
| Company | P/B ratio | differencediff. | Country |
|---|---|---|---|
 Edison International
EIX | 1.46 | 8.61% | 🇺🇸 USA |
 Nextera Energy NEE | 2.27 | 68.93% | 🇺🇸 USA |
 Pinnacle West Capital
PNW | 1.30 | -3.17% | 🇺🇸 USA |
 Xcel Energy XEL | 1.68 | 24.89% | 🇺🇸 USA |
 Pacific Gas and Electric
PCG | 1.70 | 26.56% | 🇺🇸 USA |
 NorthWestern Corporation
NWE | 1.07 | -20.52% | 🇺🇸 USA |
 Idacorp IDA | 1.57 | 17.04% | 🇺🇸 USA |