Pinnacle Price Earnings Ratio from 2010 to 2024

PNW Stock  USD 93.70  0.82  0.87%   
Pinnacle West Price Earnings Ratio yearly trend continues to be fairly stable with very little volatility. Price Earnings Ratio will likely drop to 11.66 in 2024. During the period from 2010 to 2024, Pinnacle West Price Earnings Ratio regression line of quarterly data had mean square error of  13.77 and geometric mean of  15.27. View All Fundamentals
 
Price Earnings Ratio  
First Reported
2010-12-31
Previous Quarter
16.24874796
Current Value
11.66
Quarterly Volatility
3.66635417
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Pinnacle West financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Pinnacle West's main balance sheet or income statement drivers, such as Interest Expense of 347.9 M, Total Revenue of 3.1 B or Gross Profit of 1.8 B, as well as many indicators such as Price To Sales Ratio of 1.23, Dividend Yield of 0.0323 or PTB Ratio of 1.13. Pinnacle financial statements analysis is a perfect complement when working with Pinnacle West Valuation or Volatility modules.
  
Check out the analysis of Pinnacle West Correlation against competitors.

Latest Pinnacle West's Price Earnings Ratio Growth Pattern

Below is the plot of the Price Earnings Ratio of Pinnacle West Capital over the last few years. It is Pinnacle West's Price Earnings Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Pinnacle West's overall financial position and show how it may be relating to other accounts over time.
Price Earnings Ratio10 Years Trend
Pretty Stable
   Price Earnings Ratio   
       Timeline  

Pinnacle Price Earnings Ratio Regression Statistics

Arithmetic Mean15.82
Geometric Mean15.27
Coefficient Of Variation23.17
Mean Deviation2.67
Median16.36
Standard Deviation3.67
Sample Variance13.44
Range13.7589
R-Value0.22
Mean Square Error13.77
R-Squared0.05
Significance0.43
Slope0.18
Total Sum of Squares188.19

Pinnacle Price Earnings Ratio History

2024 11.66
2023 16.25
2022 17.8
2021 12.88
2020 16.36
2019 18.78
2018 18.69

About Pinnacle West Financial Statements

Pinnacle West investors use historical fundamental indicators, such as Pinnacle West's Price Earnings Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Pinnacle West. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price Earnings Ratio 16.25  11.66 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Pinnacle Stock Analysis

When running Pinnacle West's price analysis, check to measure Pinnacle West's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Pinnacle West is operating at the current time. Most of Pinnacle West's value examination focuses on studying past and present price action to predict the probability of Pinnacle West's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pinnacle West's price. Additionally, you may evaluate how the addition of Pinnacle West to your portfolios can decrease your overall portfolio volatility.