As of 2026-09-15, the Relative Valuation of PNM Resources Inc (PNM) is 17.14 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 -59.0%.
The range of the Relative Valuation is 12.76 - 20.66 USD.
| Range | Selected | |
| Trailing P/E multiples | 20.9x - 22.4x | 21.5x |
| Forward P/E multiples | 16.1x - 19.9x | 18.2x |
| Fair Price | 12.76 - 20.66 | 17.14 |
| Upside | -69.4% - -50.5% | -59.0% |
| Date | P/E |