As of 2025-05-18, the Relative Valuation of PNM Resources Inc (PNM) is 18.11 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 -56.6%.
The range of the Relative Valuation is 13.74 - 20.44 USD.
| Range | Selected | |
| Trailing P/E multiples | 19.8x - 22.0x | 21.0x |
| Forward P/E multiples | 17.4x - 25.8x | 21.4x |
| Fair Price | 13.74 - 20.44 | 18.11 |
| Upside | -67.1% - -51.1% | -56.6% |
| Date | P/E |