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/E ratio

As of 25 September 2026, Pinnacle West Capital Corporation (PNW) trades at a P/E ratio of 17.2×. Over the past ten years it has ranged from 12.3× (February 2022) to 23.9× (July 2023); the current reading is higher than 39% of that period. That is below the Utilities Regulated Electric industry median of 18.8× and below the Utilities sector median of 19.0×.

P/E ratio, daily

Annual

Period P/E ratio Change
FY2025 17.2× 8.70%
FY2024 15.8× (4.34%)
FY2023 16.6× (5.23%)
FY2022 17.5× 35.68%
FY2021 12.9× (21.21%)
FY2020 16.3× (12.92%)
FY2019 18.8× 0.48%
FY2018 18.7× (2.67%)
FY2017 19.2× (1.43%)
FY2016 19.5× 19.31%

Quarterly

Period P/E ratio Change
Jun 2026 20.1× 9.00%
Mar 2026 18.5× 7.14%
Dec 2025 17.2× (4.72%)
Sep 2025 18.1× 0.62%
42 more quarters

Against its own ten years

Low 12.3× High 23.9×
Ten-year median 17.8×
Current reading's percentile 39

P/E ratio against peers

Company P/E ratio
KEP Korea Electric Power Corporation compare 2.6×
EIX Edison International compare 5.4×
ENIC Enel Chile S.A. compare 10.2×
PNW Pinnacle West Capital Corporation 17.2×
EVRG Evergy Inc. compare 19.4×
OGE OGE Energy Corporation compare 19.6×
LNT Alliant Energy Corporation compare 20.1×
IDA IDACORP, Inc. compare 21.1×
TXNM TXNM Energy, Inc. compare 32.3×
Utilities Regulated Electric industry median 18.8×
Utilities sector median 19.0×
Market median 17.9×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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