Pinnacle West Capital Stock Price To Book

PNW Stock  USD 94.52  0.72  0.77%   
Pinnacle West Capital fundamentals help investors to digest information that contributes to Pinnacle West's financial success or failures. It also enables traders to predict the movement of Pinnacle Stock. The fundamental analysis module provides a way to measure Pinnacle West's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Pinnacle West stock.
Price To Book Ratio is likely to drop to 1.13 in 2024.
  
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Pinnacle West Capital Company Price To Book Analysis

Pinnacle West's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

P/B

 = 

MV Per Share

BV Per Share

More About Price To Book | All Equity Analysis

Current Pinnacle West Price To Book

    
  1.62 X  
Most of Pinnacle West's fundamental indicators, such as Price To Book, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Pinnacle West Capital is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Pinnacle Price To Book Driver Correlations

Understanding the fundamental principles of building solid financial models for Pinnacle West is extremely important. It helps to project a fair market value of Pinnacle Stock properly, considering its historical fundamentals such as Price To Book. Since Pinnacle West's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Pinnacle West's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Pinnacle West's interrelated accounts and indicators.
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Pinnacle Price To Book Historical Pattern

Today, most investors in Pinnacle West Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Pinnacle West's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's price to book growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Pinnacle West price to book as a starting point in their analysis.
   Pinnacle West Price To Book   
       Timeline  
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Competition

Pinnacle Book Value Per Share

Book Value Per Share

29.6

At this time, Pinnacle West's Book Value Per Share is fairly stable compared to the past year.
Based on the latest financial disclosure, Pinnacle West Capital has a Price To Book of 1.6242 times. This is 73.93% lower than that of the Electric Utilities sector and significantly higher than that of the Utilities industry. The price to book for all United States stocks is 82.92% higher than that of the company.

Pinnacle Price To Book Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Pinnacle West's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Pinnacle West could also be used in its relative valuation, which is a method of valuing Pinnacle West by comparing valuation metrics of similar companies.
Pinnacle West is currently under evaluation in price to book category among its peers.

Pinnacle West ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Pinnacle West's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Pinnacle West's managers, analysts, and investors.
Environment Score
Governance Score
Social Score

Pinnacle Fundamentals

About Pinnacle West Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Pinnacle West Capital's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Pinnacle West using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Pinnacle West Capital based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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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.