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TXNM Energy price to book ratio TXNM

Market value divided by the book value of the company's net assets, since 2010.

Today, Oct 23, 2026
1.7×
10-year median
1.9×
Against its 10-year history
19th
percentile: 0 is its lowest day, 100 its highest
10-year range
1.4× to 2.7×
Peer median
1.9×

TXNM Energy's price to book ratio is 1.7× as of Oct 23, 2026.

That is below its ten-year median of 1.9×, lower than on 81% of days in the last ten years.

Over that time it ranged from 1.4× in Feb 2024 to 2.7× in Feb 2020.

The median for 10 electric utilities of a similar size is 1.9×.

Price to book ratio over time

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

YearEnd of yearLowHigh
2026 so far1.7×1.7×1.9×
20251.9×1.7×2.1×
20241.8×1.4×1.8×
20231.6×1.6×1.9×
20221.9×1.8×2.0×
20211.8×1.8×2.2×
20202.2×1.4×2.7×
20192.4×1.8×2.6×
20181.8×1.6×2.0×
20171.8×1.6×2.1×
20161.6×1.4×1.7×
20151.4×1.1×1.4×
20141.4×1.1×1.4×
20131.2×1.0×1.2×
20121.0×0.9×1.1×
20111.0×0.7×1.0×
20100.7×0.6×0.7×

Against its peers

Companies in Regulated Electric nearest TXNM Energy's size, closest first, today.

CompanyPrice to book ratio
TXNMTXNM Energy1.7×
BKHBlack Hills1.5×
ORAOrmat Technologies2.1×
PORPortland General Electric1.3×
NWENorthWestern Energy1.6×
IDAIdacorp2.2×
OTTROtter Tail2.0×
OGEOGE Energy2.0×
AVAAvista1.1×
PNWPinnacle West Capital1.8×
LNTAlliant Energy2.4×
Peer median1.9×

What the price to book ratio tells you

Market value divided by the accounting value of the company's net assets. Below 1 means the market values the business at less than what it owns on paper.

Book value misses brands, software and people, so asset-light companies always look expensive on it. Most useful for banks and industrials.

More on TXNM Energy

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.