As of 2025-09-16, the Relative Valuation of PNM Resources Inc (PNM) is 17.58 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 -57.9%.
The range of the Relative Valuation is 13.74 - 20.88 USD.
| Range | Selected | |
| Trailing P/E multiples | 19.2x - 22.6x | 21.0x |
| Forward P/E multiples | 17.4x - 22.4x | 20.0x |
| Fair Price | 13.74 - 20.88 | 17.58 |
| Upside | -67.1% - -50.0% | -57.9% |
| Date | P/E |