Is Pinnacle West Capital Corp (PNW) overvalued? · P/E 19, rev $5.12B
Pinnacle West Capital Corp (PNW) is a utilities - regulated electric company listed on NYSE.
This page asks whether Pinnacle West Capital Corp (PNW) looks expensive on cached numbers — not a short thesis.
Latest reported PNW revenue for 2024-12-31 was $5.12B. Net income was $626.0M. Revenue was up 9.1% from 2023-12-31 to 2024-12-31. PNW currently screens at market cap $12.41B and trailing P/E 19.1.
PNW currently screens at market cap $12.41B and trailing P/E 19.1. A high multiple can be growth prepaid or a bubble. The filing has to explain the gap.
If the next PNW 8-K cuts growth or raises capex, this “expensive” read gets worse. Until then the SEC page is the source.
Not investment advice. Use the PNW stock page for the full model, not this heading.
Not investment advice.