Pinnacle West Capital Corporation, through its subsidiary, Arizona Public Service Company, provides retail and wholesale electric services primarily in the state of Arizona. The company engages in the generation, transmission, and distribution of electricity using coal, nuclear, gas, oil, and solar generating facilities. Its transmission facilities include approximately 5,814 pole miles of overhead lines and approximately 74 miles of underground lines; and distribution facilities comprise approximately 11,258 miles of overhead lines and approximately 22,821 miles of underground primary cable, as well as owns and maintains 475 transmission and distribution substations. The company also owns or leases approximately 6,323 megawatts of regulated generation capacity. It serves approximately 1.3 million customers. Pinnacle West Capital Corporation was incorporated in 1985 and is headquartered in Phoenix, Arizona.
P/B ratio for Pinnacle West Capital Corporation (PNW)
P/B ratio as of 2023: 1.32
According to Pinnacle West Capital Corporation's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 1.32. At the end of 2022 the company had a P/B ratio of 1.42.
P/B ratio history for Pinnacle West Capital Corporation from 1985 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 1.32 |
| 2022 | 1.42 |
| 2021 | 1.35 |
| 2020 | 1.60 |
| 2019 | 1.86 |
| 2018 | 1.83 |
| 2017 | 1.90 |
| 2016 | 1.81 |
| 2015 | 1.56 |
| 2014 | 1.73 |
| 2013 | 1.39 |
| 2012 | 1.41 |
| 2011 | 1.37 |
| 2010 | 1.20 |
| 2009 | 1.12 |
| 2008 | 0.94 |
| 2007 | 1.20 |
| 2006 | 1.46 |
| 2005 | 1.16 |
| 2004 | 1.38 |
| 2003 | 1.29 |
| 2002 | 1.08 |
| 2001 | 1.42 |
| 2000 | 1.69 |
| 1999 | 1.17 |
| 1998 | 1.59 |
| 1997 | 1.65 |
| 1996 | 1.27 |
| 1995 | 1.17 |
| 1994 | 0.84 |
| 1993 | 0.00 |
| 1992 | 0.00 |
| 1991 | 0.00 |
| 1990 | 0.00 |
| 1989 | 0.00 |
| 1988 | 0.00 |
| 1987 | 0.00 |
| 1986 | 0.00 |
| 1985 | 0.00 |