Basis: FMP quote price / unrounded FMP forward EPS in the trading currency, available after its recorded retrieval time. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 16.22 as of 2026-09-19T00:15:27.670Z.
Consensus retrieved: 2026-09-13T22:20:53.835Z. This records retrieval, including cache reads, rather than vendor publication. The calculation uses the separately dated price and estimate available at its as-of time.
Calculation as of: 2026-09-19T00:15:27.670Z.
Quote observation: 2026-09-18T20:00:03.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 811b5db089550db09de96f6777608f4b0999ccc00bf7eb0392f28354ebda890b
Forward PE Ratio (16.22) = Dated Quote Price ($70.45) / Consensus Forward EPS ($4.34)
FORWARD PE RATIO
16.22
SECTOR MEDIAN · UTILITIES
17.10
median of 37 covered companies
CURRENT VS SECTOR MEDIAN
-5.15%
vs the sector median at left
Black Hills Corporation
Market Cap
$5.36B
Forward PE Ratio
16.22
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Black Hills Corporation (BKH) | $5.36B | 16.22 |
| Oklo Inc. (OKLO)vs › | $6.61B | N/A |
| Avista Corporation (AVA)vs › | $3.04B | 13.93 |
| UGI Corporation (UGI)vs › | $8.07B | 13.46 |
| Northwest Natural Holding Company (NWN)vs › | $2.03B | 15.68 |
| Brookfield Renewable Partners L.P. (BEP)vs › | $9.13B | N/A |
| Fluence Energy, Inc. (FLNC)vs › | $1.35B | N/A |
| XPLR Infrastructure, LP (XIFR)vs › | $1.03B | 9.62 |
| The AES Corporation (AES)vs › | $10.58B | 6.48 |
| Pinnacle West Capital Corporation (PNW)vs › | $11.42B | 19.98 |
Trailing P/E
17.8
reported TTM EPS
Forward P/E
16.2
consensus EPS · fiscal year ending 2026-12-31
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 the dated quote price of $70.45, 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 | 16.2x |
| 2027-12-31 | $4.58 | $4.55 – $4.62 | 3 | 15.4x |
| 2028-12-31 | $4.87 | $4.73 – $5.00 | 2 | 14.5x |
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
