TXNM Energy, Inc. (TXNM) P/E Ratio History
Historical price-to-earnings valuation from 2023 to 2026
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TXNM Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
The current P/E is 13% above its 5-year average of 32.4x. Over the past five years, TXNM's P/E has ranged from a low of 18.4x to a high of 42.7x, placing the current valuation at the 55th percentile of its historical range.
Compared to the Utilities sector median P/E of 19.5x, TXNM trades at a 87% premium to its sector peers. The sector includes 108 companies with P/E ratios ranging from 0.1x to 174.1x.
Relative to the broader market, TXNM commands a significant premium over the S&P 500 median P/E of 25.1x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our TXNM DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
TXNM P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $12B | 19.7 | - | -4% | |
| $4B | 24.6 | - | -19% | |
| $3B | 17.2 | 3.74 | +4% | |
| $4B | 13.4Lowest | 0.59Best | -9% | |
| $8B | 24.3 | 5.17 | +7% | |
| $50B | 23.5 | 5.66 | -1% | |
| $30B | 20.3 | 2.30 | +21%Best | |
| $37B | 23.3 | 4.70 | +0% | |
| $19B | 22.6 | 3.70 | -3% | |
| $6B | 17.6 | 1.78 | -8% |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
TXNM Historical P/E Data (2023–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q1 | $58.46 | $1.37 | 42.7x | +32% | |
| FY2025 Q4 | Wed Dec 31 2025 00:00:00 GM | $58.88 | $1.44 | 41.0x | +27% |
| FY2025 Q3 | $56.55 | $1.72 | 33.0x | +2% | |
| FY2025 Q2 | Mon Jun 30 2025 00:00:00 GM | $56.32 | $1.95 | 28.9x | -11% |
| FY2025 Q1 | Mon Mar 31 2025 00:00:00 GM | $53.48 | $2.25 | 23.8x | -27% |
| FY2024 Q4 | $49.17 | $2.67 | 18.4x | -43% | |
| FY2024 Q3 | Mon Sep 30 2024 00:00:00 GM | $43.77 | $1.93 | 22.7x | -30% |
| FY2024 Q2 | Sun Jun 30 2024 00:00:00 GM | $36.96 | $0.92 | 40.2x | +24% |
| FY2024 Q1 | Sun Mar 31 2024 00:00:00 GM | $37.64 | $0.92 | 40.9x | +26% |
| FY2023 Q4 | Sun Dec 31 2023 00:00:00 GM | $41.60 | $1.04 | 40.0x | +23% |
| FY2023 Q3 | Sat Sep 30 2023 00:00:00 GM | $44.61 | $1.79 | 24.9x | -23% |
Average P/E for displayed period: 32.4x
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Start ComparisonTXNM — Frequently Asked Questions
Quick answers to the most common questions about buying TXNM stock.
Is TXNM stock overvalued or undervalued?
TXNM trades at 36.6x P/E, near its 5-year average of 32.4x. The 55th percentile ranking places valuation within normal historical bounds.
How does TXNM's valuation compare to peers?
TXNM Energy, Inc. P/E of 36.6x compares to sector median of 19.5x. The premium reflects expected growth above peers.
What is TXNM's PEG ratio?
TXNM PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 2023-2026.