PNM Resources, Inc.
PNM

$3.77 B
Marketcap
$41.77
Share price
Country
$-0.44
Change (1 day)
$45.10
Year High
$34.63
Year Low
Categories

PNM Resources, Inc., through its subsidiaries, provides electricity and electric services in the United States. It operates through Public Service Company of New Mexico (PNM) and Texas-New Mexico Power Company (TNMP) segments. The PNM segment engages in the generation, transmission, and distribution of electricity. The segment generates electricity using coal, natural gas and oil, nuclear fuel, solar, wind, and geothermal energy sources. As of December 31, 2021, this segment had owned or leased facilities with a total net generation capacity of 2,168 megawatts; and owned 3,426 miles of electric transmission lines, 5,751 miles of distribution overhead lines, 5,765 miles of underground distribution lines, and 250 substations. The segment also owns and leases communication, office and other equipment, office space, vehicles, and real estate. The TNMP segment provides regulated transmission and distribution services. As of December 31, 2021, the segment owned 983 miles of overhead electric transmission lines, 7,297 miles of overhead distribution lines, 1,408 miles of underground distribution lines, and 113 substations. The segment also owns and leases vehicles, service facilities, and office locations throughout its service territory. The company serves approximately 806,000 residential, commercial, and industrial customers and end-users of electricity in New Mexico and Texas. PNM Resources, Inc. was incorporated in 1882 and is headquartered in Albuquerque, New Mexico.

marketcap

P/E ratio for PNM Resources, Inc. (PNM)

P/E ratio as of 2023: 40.63

According to PNM Resources, Inc.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 40.63. At the end of 2022 the company had a P/E ratio of 24.71.

P/E ratio history for PNM Resources, Inc. from 1985 to 2023

PE ratio at the end of each year

Year P/E ratio
2023 40.63
2022 24.71
2021 19.99
2020 22.45
2019 52.04
2018 38.10
2017 40.18
2016 23.31
2015 150.81
2014 20.20
2013 19.06
2012 15.43
2011 9.19
2010 -26.68
2009 9.26
2008 -3.11
2007 22.32
2006 17.86
2005 24.49
2004 16.77
2003 11.86
2002 14.01
2001 7.28
2000 10.52
1999 8.02
1998 10.30
1997 12.24
1996 11.31
1995 9.74
1994 6.72
1993 -7.61
1992 -4.95
1991 17.87
1990 872.95
1989 7.31
1988 -2.84
1987 8.20
1986 8.82
1985 7.48