Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 16.43 as of Tuesday, August 4, 2026.
Forward PE Ratio (16.43) = Close Price ($71.82) / Consensus Forward EPS ($4.34)
FORWARD PE RATIO
16.43
SECTOR MEDIAN · UTILITIES
18.54
median of 36 covered companies
CURRENT VS SECTOR MEDIAN
-11.38%
vs the sector median at left
Black Hills Corporation
Market Cap
$5.47B
Forward PE Ratio
16.43
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Black Hills Corporation (BKH) | $5.47B | 16.43 |
| Oklo Inc. (OKLO)vs › | $7.55B | N/A |
| Avista Corporation (AVA)vs › | $3.25B | 15.17 |
| UGI Corporation (UGI)vs › | $7.75B | 12.85 |
| NuScale Power Corporation (SMR)vs › | $2.83B | N/A |
| Fluence Energy, Inc. (FLNC)vs › | $2.83B | N/A |
| Clearway Energy, Inc. (CWEN-A)vs › | $8.31B | N/A |
| Northwest Natural Holding Company (NWN)vs › | $2.05B | 16.01 |
| XPLR Infrastructure, LP (XIFR)vs › | $1.11B | N/A |
| Brookfield Renewable Partners L.P. (BEP)vs › | $10.12B | N/A |
Trailing P/E
18.6
reported TTM EPS
Forward P/E
16.4
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $4.34 implies +13.0% EPS growth vs the reported trailing $3.84.
At today's $71.82 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.
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
| Fiscal year end |
|---|
| Consensus EPS |
|---|
| Estimate range |
|---|
| Analysts |
|---|
| Implied P/E |
|---|
| 2026-12-31 | $4.33 | $3.42 – $4.34 | 3 | 16.6x |
| 2027-12-31 | $4.61 | $4.58 – $4.65 | 3 | 15.6x |
| 2028-12-31 | $4.89 | $4.76 – $5.02 | 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.