PNM Resources
PNM
#3177
Rank
$3.76 B
Marketcap
$41.77
Share price
-1.04%
Change (1 day)
-1.30%
Change (1 year)

PNM Resources (PNM) - P/B ratio

P/B ratio as of November 2024 : 1.53

According to PNM Resources's latest financial reports the company has a price-to-book ratio of 2.04438.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

PNM Resources - P/B ratio (from 2001 to 2024)

P/B ratio by year

Year P/B ratio Change
2024-12-31N/A-100%
2023-12-311.48-20.19%
2022-12-311.865.93%
2021-12-311.75-10.83%
2020-12-311.96-14.71%
2019-12-312.3024.18%
2018-12-311.862.09%
2017-12-311.8216.83%
2016-12-311.5611.01%
2015-12-311.407.26%
2014-12-311.3119.82%
2013-12-311.0913.49%
2012-12-310.96071.41%
2011-12-310.947345.51%
2010-12-310.65109.88%
2009-12-310.592526.18%
2008-12-310.4695-51.77%
2007-12-310.9736-30.37%
2006-12-311.406.77%
2005-12-311.31-5.84%
2004-12-311.3932.5%
2003-12-311.0511.1%
2002-12-310.9447

P/B ratio for similar companies or competitors

Company P/B ratio P/B ratio differencediff. Country
2.05 33.80%๐Ÿ‡บ๐Ÿ‡ธ USA
1.90 23.91%๐Ÿ‡บ๐Ÿ‡ธ USA
1.78 16.36%๐Ÿ‡บ๐Ÿ‡ธ USA
2.64 72.60%๐Ÿ‡บ๐Ÿ‡ธ USA
1.54 0.80%๐Ÿ‡บ๐Ÿ‡ธ USA
2.01 31.71%๐Ÿ‡บ๐Ÿ‡ธ USA
1.20-21.52%๐Ÿ‡บ๐Ÿ‡ธ USA