Txnm Energy Inc (TXNM) Price to Book (2009 - 2024)
Txnm Energy's (TXNM) quarterly Price to Book came in at 1.36 in Q2 2024, down 18.73% on a YoY basis from 1.67 in Q3 2023, and down 3.69% quarter-over-quarter from 1.41 in Q1 2024.
Analysis
Txnm Energy Inc (TXNM) Price to Book (2009 - 2024) Analysis & Trends
Txnm Energy (TXNM) has reported Price to Book for 16 consecutive years, with 1.36 the latest figure, recorded in Q2 2024.
- For the quarter ending Q2 2024, Price to Book fell 18.73% year-over-year to 1.36; the trailing twelve-month figure through Jun 2024 stood at 1.36 (down 18.73% YoY), and the FY2023 full-year result was 1.56, down 16.16% from the prior year.
- Price to Book declined to 1.36 in Q2 2024 per TXNM's latest filing, from 1.41 in the prior quarter.
- Across five years, Price to Book topped out at 2.02 in Q1 2021 and bottomed at 1.36 in Q2 2024.
- Historically, Price to Book has averaged 1.77 across 5 years, with a median of 1.8 in 2020.
- The sharpest annual moves came in 2020 and 2021: Price to Book fell 28.01% in 2020, then gained 12.41% in 2021.
- Over 5 years, Price to Book stood at 1.98 in 2020, then retreated by 10.86% to 1.76 in 2021, then increased by 5.92% to 1.87 in 2022, then declined by 16.16% to 1.56 in 2023, then retreated by 13.06% to 1.36 in 2024.
- According to Business Quant data, Price to Book over the past three periods registered 1.36, 1.41, and 1.56 for Q2 2024, Q1 2024, and Q4 2023 respectively.
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 1.36 |
| Mar 31, 2024 | 1.41 |
| Dec 31, 2023 | 1.56 |
| Sep 30, 2023 | 1.67 |
| Jun 30, 2023 | 1.67 |
| Mar 31, 2023 | 1.84 |
| Dec 31, 2022 | 1.87 |
| Sep 30, 2022 | 1.74 |
| Jun 30, 2022 | 1.88 |
| Mar 31, 2022 | 1.89 |
| Dec 31, 2021 | 1.76 |
| Sep 30, 2021 | 1.93 |
| Jun 30, 2021 | 1.95 |
| Mar 31, 2021 | 2.02 |
| Dec 31, 2020 | 1.98 |
| Sep 30, 2020 | 1.80 |
| Jun 30, 2020 | 1.74 |
| Mar 31, 2020 | 1.79 |
| Dec 31, 2019 | 2.32 |
| Sep 30, 2019 | 2.39 |