Pinnacle West Capital Corporation PNW
- Market cap
- $11.0B
- P/E
- 17.2×
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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 | Free account |
Against its own ten years
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))
More on PNW
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement