Pinnacle West Capital Corporation PNW

91.74 0.66 0.72% as of 25 Sep
Market cap
$11.0B
P/E
17.2×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Pinnacle West Capital Corporation (PNW) P/B ratio

As of 25 September 2026, Pinnacle West Capital Corporation (PNW) trades at a P/B ratio of 1.6×. Over the past ten years it has ranged from 1.1× (October 2022) to 2.1× (February 2020); the current reading is higher than 49% of that period. That is in line with the Utilities Regulated Electric industry median of 1.6× and in line with the Utilities sector median of 1.6×.

P/B ratio, daily

Annual

Period P/B ratio Change
FY2025 1.5× 6.44%
FY2024 1.4× 6.50%
FY2023 1.3× (3.65%)
FY2022 1.4× 3.60%
FY2021 1.3× (15.46%)
FY2020 1.6× (14.01%)
FY2019 1.8× 1.95%
FY2018 1.8× (2.23%)
FY2017 1.8× 4.68%
FY2016 1.7× 15.05%

Quarterly

Period P/B ratio Change
Jun 2026 1.8× 6.69%
Mar 2026 1.7× 14.79%
Dec 2025 1.5× 0.72%
Sep 2025 1.5× (5.03%)
42 more quarters

Against its own ten years

Low 1.1× High 2.1×
Ten-year median 1.6×
Current reading's percentile 49

P/B ratio against peers

Company P/B ratio
KEP Korea Electric Power Corporation compare 0.4×
ENIC Enel Chile S.A. compare 1.0×
EIX Edison International compare 1.1×
PNW Pinnacle West Capital Corporation 1.6×
EVRG Evergy Inc. compare 1.8×
TXNM TXNM Energy, Inc. compare 1.8×
OGE OGE Energy Corporation compare 1.9×
IDA IDACORP, Inc. compare 1.9×
LNT Alliant Energy Corporation compare 2.2×
Utilities Regulated Electric industry median 1.6×
Utilities sector median 1.6×
Market median 1.8×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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