Black Hills price to sales ratio BKH
Market value divided by revenue over the last twelve months, since 2011.
- Today, Oct 23, 2026
- 2.6×
- 10-year median
- 2.2×
- Against its 10-year history
- 93rd
- percentile: 0 is its lowest day, 100 its highest
- 10-year range
- 1.3× to 3.0×
- Peer median
- 2.9×
Black Hills' price to sales ratio is 2.6× as of Oct 23, 2026.
That is above its ten-year median of 2.2×, higher than on 93% of days in the last ten years.
Over that time it ranged from 1.3× in Oct 2023 to 3.0× in Feb 2020.
The median for 10 electric utilities of a similar size is 2.9×.
Price to sales ratio over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 2.6× | 2.2× | 2.6× |
| 2025 | 2.3× | 1.8× | 2.5× |
| 2024 | 2.0× | 1.3× | 2.2× |
| 2023 | 1.4× | 1.3× | 2.0× |
| 2022 | 2.0× | 1.8× | 2.6× |
| 2021 | 2.4× | 2.2× | 2.6× |
| 2020 | 2.3× | 1.8× | 3.0× |
| 2019 | 2.7× | 2.2× | 2.8× |
| 2018 | 2.2× | 1.6× | 2.4× |
| 2017 | 1.9× | 1.8× | 2.4× |
| 2016 | 2.3× | 1.5× | 2.5× |
| 2015 | 1.5× | 1.2× | 1.7× |
| 2014 | 1.8× | 1.6× | 2.0× |
| 2013 | 1.9× | 1.4× | 2.0× |
| 2012 | 1.3× | 1.0× | 1.3× |
| 2011 | 1.1× | 0.9× | 1.1× |
Against its peers
Companies in Regulated Electric nearest Black Hills' size, closest first, today.
| Company | Price to sales ratio |
|---|---|
| BKHBlack Hills | 2.6× |
| TXNMTXNM Energy | 2.7× |
| ORAOrmat Technologies | 4.5× |
| PORPortland General Electric | 1.5× |
| NWENorthWestern Energy | 2.8× |
| IDAIdacorp | 4.5× |
| OTTROtter Tail | 2.9× |
| OGEOGE Energy | 3.1× |
| AVAAvista | 1.6× |
| PNWPinnacle West Capital | 2.3× |
| LNTAlliant Energy | 4.1× |
| Peer median | 2.9× |
Where Black Hills ranks
What the price to sales ratio tells you
Market value divided by revenue over the last twelve months. Useful for companies with little or no profit yet, since sales are harder to make negative than earnings.
Ignores margins entirely. A software company at 10× sales with 30% margins can be cheaper than a grocer at 1× sales with 2% margins.
More on Black Hills
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.