Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 16.51.
Forward PE Ratio (16.51) = Close Price ($71.69) / Consensus Forward EPS ($4.34)
FORWARD PE RATIO
16.51
SECTOR MEDIAN · UTILITIES
17.63
median of 38 covered companies
CURRENT VS SECTOR MEDIAN
-6.38%
vs the sector median at left
Black Hills Corporation
Market Cap
$5.46B
Forward PE Ratio
16.51
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Black Hills Corporation (BKH) | $5.46B | 16.51 |
| Oklo Inc. (OKLO)vs › | $7.32B | N/A |
| Avista Corporation (AVA)vs › | $3.15B | 14.43 |
| UGI Corporation (UGI)vs › | $8.06B | 13.44 |
| Fluence Energy, Inc. (FLNC)vs › | $2.09B | N/A |
| Northwest Natural Holding Company (NWN)vs › | $2.08B | 16.03 |
| XPLR Infrastructure, LP (XIFR)vs › | $1.05B | 10.06 |
| Brookfield Renewable Partners L.P. (BEP)vs › | $10.03B | N/A |
| Deep Fission, Inc. (FISN)vs › | $497.75M | N/A |
| The AES Corporation (AES)vs › | $10.53B | 6.45 |
Trailing P/E
18.1
reported TTM EPS
Forward P/E
16.5
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $4.34 implies +9.6% EPS growth vs the reported trailing $3.96.
At today's $71.69 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $4.34 | $3.43 – $4.35 | 3 | 16.5x |
| 2027-12-31 | $4.58 | $4.55 – $4.62 | 3 | 15.7x |
| 2028-12-31 | $4.87 | $4.73 – $5.00 | 2 | 14.7x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
