Basis: FMP quote price / unrounded diluted EPS from four consecutive issuer fiscal quarters. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the P/E ratio high or low?
The P/E ratio of 17.88 is in line with its 5-year average of 17.08, around the middle of its 5-year range (12.35–22.21).
As of 2026-09-23T08:56:07.349Z. 6.47% below its 12-month average of 19.12.
Calculation as of: 2026-09-23T08:56:07.349Z.
Quote observation: 2026-09-22T19:59:59.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: c7e107f5f6a27e3657edeb23346effa12dbee401b2a664b7e1df74d2cdfe2001
PE Ratio (17.88) = Close Price ($93.15) / Diluted TTM EPS ($5.21)
PE RATIO
17.88
PE RATIO AVG TTM
19.12
PE RATIO AVG 3Y
17.98
PE RATIO AVG 5Y
17.08
PE RATIO AVG 10Y
17.93
PE RATIO AVG 15Y
17.69
PE RATIO AVG 20Y
16.92
CURRENT VS TTM AVG
-6.47%
CURRENT VS 3Y AVG
-0.58%
CURRENT VS 5Y AVG
+4.66%
CURRENT VS 10Y AVG
-0.27%
CURRENT VS 15Y AVG
+1.07%
CURRENT VS 20Y AVG
+5.68%
SECTOR MEDIAN · UTILITIES
19.46
median of 37 covered companies
CURRENT VS SECTOR MEDIAN
-8.12%
vs the sector median at left
Pinnacle West Capital Corporation
Market Cap
$11.29B
PE Ratio
17.88
TTM Avg
19.12
3Y Avg
17.98
5Y Avg
17.08
Market Cap
$9.11B
PE Ratio
64.74
TTM Avg
57.75
3Y Avg
57.75
5Y Avg
57.75
| NAME | MARKET CAP | PE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Pinnacle West Capital Corporation (PNW) | $11.29B | 17.88 | 19.12 | 17.98 | 17.08 |
| The AES Corporation (AES)vs › | $10.57B | 5.63 | 8.90 | 13.78 | 15.60 |
| Talen Energy Corporation (TLN)vs › | $13.37B | N/A | 62.56 | 34.10 | 34.10 |
| Brookfield Renewable Partners L.P. (BEP)vs › | $9.11B | 64.74 | 57.75 | 57.75 | 57.75 |
| UGI Corporation (UGI)vs › | $7.90B | 12.32 | 13.79 | 13.98 | 13.18 |
| Oklo Inc. (OKLO)vs › | $7.04B | N/A | 24.62 | 24.62 | 24.62 |
| Alliant Energy Corporation (LNT)vs › | $16.69B | 20.45 | 21.90 | 21.18 | 21.26 |
| Black Hills Corporation (BKH)vs › | $5.46B | 18.12 | 18.00 | 15.66 | 16.29 |
| Evergy, Inc. (EVRG)vs › | $18.27B | 20.07 | 21.46 | 18.76 | 18.41 |
| NiSource Inc (NI)vs › | $19.12B | 21.21 | 23.03 | 21.27 | 21.46 |
At 17.9, P/E is near its 20-year median — higher than 62% of readings in its 20-year history.
20-year low
8.2
median
16.8
20-year high
54.8
Trailing P/E
17.9
Forward P/E
19.8
Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.
Calculation:
Current Price
$93.15
Forward EPS (Est.)
$4.72
Forward P/E
19.75
Source: FMP Analyst Consensus Estimates. Forward EPS represents the average analyst estimate for the nearest fiscal year.
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
| DATE | PE RATIO |
|---|---|
| 2026-09-11 | 18.45 |
| 2026-09-10 | 18.54 |
| 2026-09-09 | 18.65 |
| 2026-09-08 | 18.82 |
| 2026-09-04 | 18.72 |
| 2026-09-03 | 18.81 |
| 2026-09-02 | 18.69 |
| 2026-09-01 | 18.74 |
| 2026-08-31 | 18.74 |
| 2026-08-28 | 18.74 |
| 2026-08-27 | 18.79 |
| 2026-08-26 | 18.94 |
| 2026-08-25 | 18.75 |
| 2026-08-24 | 18.75 |
| 2026-08-21 | 18.69 |
| 2026-08-20 | 19.07 |
| 2026-08-19 | 19.08 |
| 2026-08-18 | 19.22 |
| 2026-08-17 | 19.27 |
| 2026-08-14 | 19.48 |
| 2026-08-13 | 19.33 |
| 2026-08-12 | 19.27 |
| 2026-08-11 | 19.20 |
| 2026-08-10 | 19.05 |
| 2026-08-07 | 19.39 |
| 2026-08-06 | 19.35 |
| 2026-08-05 | 19.48 |
| 2026-08-04 | 18.93 |
| 2026-08-03 | 18.81 |
| 2026-07-31 | 18.84 |
| 2026-07-30 | 18.90 |
| 2026-07-29 | 19.08 |
| 2026-07-28 | 19.65 |
| 2026-07-27 | 19.66 |
| 2026-07-24 | 19.79 |
| 2026-07-23 | 19.67 |
| 2026-07-22 | 19.83 |
| 2026-07-21 | 19.71 |
| 2026-07-20 | 19.83 |
| 2026-07-17 | 20.10 |
| 2026-07-16 | 20.39 |
| 2026-07-15 | 19.98 |
| 2026-07-14 | 20.34 |
| 2026-07-13 | 20.27 |
| 2026-07-10 | 20.17 |
| 2026-07-09 | 19.92 |
| 2026-07-08 | 20.12 |
| 2026-07-07 | 20.26 |
| 2026-07-06 | 19.95 |
| 2026-07-02 | 20.40 |
| 2026-07-01 | 19.83 |
| 2026-06-30 | 19.96 |
| 2026-06-29 | 20.12 |
| 2026-06-26 | 20.16 |
| 2026-06-25 | 20.01 |
| 2026-06-24 | 19.66 |
| 2026-06-23 | 19.41 |
| 2026-06-22 | 19.11 |
| 2026-06-18 | 19.09 |
| 2026-06-17 | 19.10 |
| 2026-06-16 | 19.37 |
| 2026-06-15 | 19.27 |
| 2026-06-12 | 19.30 |
| 2026-06-11 | 19.10 |
| 2026-06-10 | 19.24 |
| 2026-06-09 | 19.15 |
| 2026-06-08 | 18.90 |
| 2026-06-05 | 19.23 |
| 2026-06-04 | 18.75 |
| 2026-06-03 | 18.54 |
| 2026-06-02 | 18.44 |
| 2026-06-01 | 18.19 |
| 2026-05-29 | 18.61 |
| 2026-05-28 | 18.82 |
| 2026-05-27 | 19.18 |
| 2026-05-26 | 19.18 |
| 2026-05-22 | 19.21 |
| 2026-05-21 | 19.00 |
| 2026-05-20 | 19.02 |
| 2026-05-19 | 18.94 |
| 2026-05-18 | 18.61 |
| 2026-05-15 | 18.36 |
| 2026-05-14 | 18.61 |
| 2026-05-13 | 18.49 |
| 2026-05-12 | 18.62 |
| 2026-05-11 | 18.60 |
| 2026-05-08 | 18.52 |
| 2026-05-07 | 18.57 |
| 2026-05-06 | 18.69 |
| 2026-05-05 | 18.90 |
| 2026-05-04 | 20.16 |
| 2026-05-01 | 20.50 |
| 2026-04-30 | 20.54 |
| 2026-04-29 | 20.13 |
| 2026-04-28 | 20.42 |
| 2026-04-27 | 20.28 |
| 2026-04-24 | 20.26 |
| 2026-04-23 | 20.49 |
| 2026-04-22 | 19.96 |
| 2026-04-21 | 20.00 |
| 2026-04-20 | 20.39 |
| 2026-04-17 | 20.60 |
| 2026-04-16 | 20.63 |
| 2026-04-15 | 20.36 |
| 2026-04-14 | 20.33 |
| 2026-04-13 | 20.32 |
| 2026-04-10 | 20.51 |
| 2026-04-09 | 20.68 |
| 2026-04-08 | 20.42 |
| 2026-04-07 | 20.25 |
| 2026-04-06 | 20.29 |
| 2026-04-02 | 20.34 |
| 2026-04-01 | 20.10 |
| 2026-03-31 | 19.95 |
| 2026-03-30 | 19.91 |
| 2026-03-27 | 19.74 |
| 2026-03-26 | 19.52 |
| 2026-03-25 | 19.35 |
| 2026-03-24 | 19.39 |
| 2026-03-23 | 19.32 |
| 2026-03-20 | 19.26 |
| 2026-03-19 | 19.82 |
| 2026-03-18 | 19.98 |
| 2026-03-17 | 20.32 |
| 2026-03-16 | 20.41 |
| 2026-03-13 | 20.38 |
| 2026-03-12 | 20.10 |
| 2026-03-11 | 19.92 |
| 2026-03-10 | 19.99 |
| 2026-03-09 | 20.06 |
| 2026-03-06 | 20.29 |
| 2026-03-05 | 20.15 |
| 2026-03-04 | 20.39 |
| 2026-03-03 | 20.20 |
| 2026-03-02 | 19.91 |
| 2026-02-27 | 19.86 |
| 2026-02-26 | 19.71 |
| 2026-02-25 | 20.49 |
| 2026-02-24 | 20.54 |
| 2026-02-23 | 20.45 |
| 2026-02-20 | 20.19 |
| 2026-02-19 | 20.21 |
| 2026-02-18 | 20.03 |
| 2026-02-17 | 20.31 |
| 2026-02-13 | 20.41 |
| 2026-02-12 | 19.98 |
| 2026-02-11 | 19.72 |
| 2026-02-10 | 19.55 |
| 2026-02-09 | 19.12 |
| 2026-02-06 | 19.20 |
| 2026-02-05 | 19.42 |
| 2026-02-04 | 19.30 |
| 2026-02-03 | 19.23 |
| 2026-02-02 | 18.83 |
| 2026-01-30 | 19.21 |
| 2026-01-29 | 19.10 |
| 2026-01-28 | 19.24 |
| 2026-01-27 | 19.46 |
| 2026-01-26 | 19.08 |
| 2026-01-23 | 18.93 |
| 2026-01-22 | 18.98 |
| 2026-01-21 | 19.19 |
| 2026-01-20 | 19.09 |
| 2026-01-16 | 19.24 |
| 2026-01-15 | 19.03 |
| 2026-01-14 | 18.95 |
| 2026-01-13 | 18.71 |
| 2026-01-12 | 18.41 |
| 2026-01-09 | 18.29 |
| 2026-01-08 | 18.34 |
| 2026-01-07 | 17.95 |
| 2026-01-06 | 18.33 |
| 2026-01-05 | 18.01 |
| 2026-01-02 | 18.10 |
| 2025-12-31 | 18.21 |
| 2025-12-30 | 18.33 |
| 2025-12-29 | 18.25 |
| 2025-12-26 | 18.15 |
| 2025-12-24 | 18.14 |
| 2025-12-23 | 18.08 |
| 2025-12-22 | 18.01 |
| 2025-12-19 | 17.93 |
| 2025-12-18 | 18.18 |
| 2025-12-17 | 18.26 |
| 2025-12-16 | 18.03 |
| 2025-12-15 | 18.15 |
| 2025-12-12 | 18.03 |
| 2025-12-11 | 17.81 |
| 2025-12-10 | 17.77 |
| 2025-12-09 | 17.86 |
| 2025-12-08 | 17.93 |
| 2025-12-05 | 18.10 |
| 2025-12-04 | 18.09 |
| 2025-12-03 | 18.20 |
| 2025-12-02 | 18.18 |
| 2025-12-01 | 18.34 |
| 2025-11-28 | 18.66 |
| 2025-11-26 | 18.60 |
| 2025-11-25 | 18.38 |
| 2025-11-24 | 18.37 |
| 2025-11-21 | 18.31 |
| 2025-11-20 | 18.34 |
| 2025-11-19 | 18.22 |
| 2025-11-18 | 18.35 |
| 2025-11-17 | 18.31 |
| 2025-11-14 | 18.15 |
| 2025-11-13 | 18.24 |
| 2025-11-12 | 18.27 |
| 2025-11-11 | 18.23 |
| 2025-11-10 | 18.01 |
| 2025-11-07 | 18.06 |
| 2025-11-06 | 18.00 |
| 2025-11-05 | 18.16 |
| 2025-11-04 | 18.35 |
| 2025-11-03 | 18.44 |
| 2025-10-31 | 18.25 |
| 2025-10-30 | 18.46 |
| 2025-10-29 | 18.38 |
| 2025-10-28 | 18.70 |
| 2025-10-27 | 18.93 |
| 2025-10-24 | 18.99 |
| 2025-10-23 | 19.08 |
| 2025-10-22 | 19.10 |
| 2025-10-21 | 19.02 |
| 2025-10-20 | 19.12 |
| 2025-10-17 | 19.21 |
| 2025-10-16 | 19.18 |
| 2025-10-15 | 19.32 |
| 2025-10-14 | 19.27 |
| 2025-10-13 | 19.00 |
| 2025-10-10 | 19.05 |
| 2025-10-09 | 18.88 |
| 2025-10-08 | 18.96 |
| 2025-10-07 | 18.96 |
| 2025-10-06 | 18.73 |
| 2025-10-03 | 18.59 |
| 2025-10-02 | 18.12 |
| 2025-10-01 | 18.18 |
| 2025-09-30 | 18.49 |
| 2025-09-29 | 18.07 |
| 2025-09-26 | 17.89 |
| 2025-09-25 | 17.75 |
| 2025-09-24 | 17.97 |
| 2025-09-23 | 17.96 |
| 2025-09-22 | 17.79 |
| 2025-09-19 | 17.84 |
| 2025-09-18 | 17.71 |
| 2025-09-17 | 17.75 |
| 2025-09-16 | 17.71 |
| 2025-09-15 | 18.02 |
| 2025-09-12 | 18.18 |
| 2025-09-11 | 18.22 |
| 2025-09-10 | 18.07 |
| 2025-09-09 | 18.02 |
| 2025-09-08 | 18.11 |
| 2025-09-05 | 18.35 |
| 2025-09-04 | 18.41 |
| 2025-09-03 | 18.29 |
| 2025-09-02 | 18.31 |
| 2025-08-29 | 18.42 |
Showing the most recent 260 of 5,032 data points. The chart above shows the full history.