Pinnacle West Capital - Stock

Pinnacle West Capital P/E 2024

Pinnacle West Capital P/E

16.04

Ticker

PNW

ISIN

US7234841010

WKN

853915

As of Jun 26, 2024, Pinnacle West Capital's P/E ratio was 16.04, a -7.07% change from the 17.26 P/E ratio recorded in the previous year.

The Pinnacle West Capital P/E history

Pinnacle West Capital Aktienanalyse

What does Pinnacle West Capital do?

Pinnacle West Capital Corp, also known as Arizona Public Service (APS), is a power provider based in Phoenix, Arizona. The company is one of the largest electricity providers in the Southwest United States and serves over 1.2 million customers in 11 out of 15 Arizona counties. The history of Pinnacle West Capital Corp can be traced back to 1886 when the Phoenix Light and Fuel Company was founded to distribute electricity and gas in the region. Later, the company merged with other local energy providers before becoming Pinnacle West Capital Corp in its current form. The business model of Pinnacle West Capital Corp is based on the generation, transmission, and distribution of electricity to its customers. The company operates eight power plants and utilizes both fossil fuels such as coal and natural gas, as well as renewable energy sources like solar and wind power. APS aims to be emissions-free by 2050 and is pursuing a strategy to increase the share of renewable energy in its power generation. The company is divided into several business segments, including the "Power Generation" segment, which includes power plants that produce electricity for APS, and the "Power Transmission and Distribution" segment, which includes APS' transmission and distribution lines. Additionally, Pinnacle West Capital Corp offers various products and services to meet the energy needs of its customers. This includes rates and plans for residential and commercial customers, as well as programs to promote energy efficiency, conduct energy audits, and install solar panels. The company has also introduced initiatives to promote electric vehicles and reduce the consumption of fossil fuels. Pinnacle West Capital Corp has also been heavily involved in the community, supporting local nonprofit organizations and programs to create jobs and support educational institutions. Overall, Pinnacle West Capital Corp is a major electricity provider and energy supplier in the Southwest United States. The company strives to provide reliable energy supply to its customers while also achieving its environmental and community goals. Pinnacle West Capital ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Pinnacle West Capital's P/E Ratio

The Price to Earnings (P/E) Ratio of Pinnacle West Capital is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Pinnacle West Capital's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Pinnacle West Capital is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Pinnacle West Capital’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Pinnacle West Capital Stock

What is the price-to-earnings ratio of Pinnacle West Capital?

The price-earnings ratio of Pinnacle West Capital is currently 16.04.

How has the price-earnings ratio of Pinnacle West Capital changed compared to last year?

The price-to-earnings ratio of Pinnacle West Capital has increased by -7.07% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Pinnacle West Capital high compared to other companies?

Yes, the price-to-earnings ratio of Pinnacle West Capital is high compared to other companies.

How does an increase in the price-earnings ratio of Pinnacle West Capital affect the company?

An increase in the price-earnings ratio of Pinnacle West Capital would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Pinnacle West Capital affect the company?

A decrease in the price-earnings ratio of Pinnacle West Capital would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Pinnacle West Capital?

Some factors that influence the price-earnings ratio of Pinnacle West Capital are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Pinnacle West Capital pay?

Over the past 12 months, Pinnacle West Capital paid a dividend of 3.47 USD . This corresponds to a dividend yield of about 4.62 %. For the coming 12 months, Pinnacle West Capital is expected to pay a dividend of 3.55 USD.

What is the dividend yield of Pinnacle West Capital?

The current dividend yield of Pinnacle West Capital is 4.62 %.

When does Pinnacle West Capital pay dividends?

Pinnacle West Capital pays a quarterly dividend. This is distributed in the months of November, February, May, September.

How secure is the dividend of Pinnacle West Capital?

Pinnacle West Capital paid dividends every year for the past 25 years.

What is the dividend of Pinnacle West Capital?

For the upcoming 12 months, dividends amounting to 3.55 USD are expected. This corresponds to a dividend yield of 4.72 %.

In which sector is Pinnacle West Capital located?

Pinnacle West Capital is assigned to the 'Utilities' sector.

Wann musste ich die Aktien von Pinnacle West Capital kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Pinnacle West Capital from 9/3/2024 amounting to 0.88 USD, you needed to have the stock in your portfolio before the ex-date on 8/1/2024.

When did Pinnacle West Capital pay the last dividend?

The last dividend was paid out on 9/3/2024.

What was the dividend of Pinnacle West Capital in the year 2023?

In the year 2023, Pinnacle West Capital distributed 3.415 USD as dividends.

In which currency does Pinnacle West Capital pay out the dividend?

The dividends of Pinnacle West Capital are distributed in USD.

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Andere Kennzahlen von Pinnacle West Capital

Our stock analysis for Pinnacle West Capital Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Pinnacle West Capital Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.