As of 2025-07-15, the Relative Valuation of PNM Resources Inc (PNM) is 18.28 USD. This relative valuation is based on P/E multiples. With the latest stock price at 41.77 USD, the upside of PNM Resources Inc based on Relative Valuation is -56.2%.
The range of the Relative Valuation is 13.48 - 20.38 USD.
| Range | Selected | |
| Trailing P/E multiples | 19.9x - 22.1x | 21.0x |
| Forward P/E multiples | 17.0x - 25.5x | 21.6x |
| Fair Price | 13.48 - 20.38 | 18.28 |
| Upside | -67.7% - -51.2% | -56.2% |
| Date | P/E |