Companies: 10,795·Total market cap: $144.5T
Black Hills Corporation

Black Hills Corporation

BKHNYSEUtilities● Active
$72.29
$-0.50(-0.68%)
Market Cap$5.5B
P/E Ratio
52W High$78.69
52W Low$55.49

Black Hills Corporation (BKH) PE Ratio — Current & Historical Data

Trailing twelve months (TTM) P/E, forward P/E, PEG, and annual PE history — from market prices and filings.

bkh · pe ratio · data through Dec 31, 2025

Core PE Ratio Metrics

Trailing 12 months · TTM

The price-to-earnings (P/E) ratio for Black Hills Corporation (BKH) measures how much investors pay for each dollar of the company's trailing earnings. BKH's current PE ratio of 19.01x is calculated by dividing its stock price of $72.28 by its TTM earnings per share of $3.82. +15.1% elevated vs 5Y avg 16.5x

19.01x
P/E Ratio (TTM)+15.1%

Source: FMP · /ratios-ttm · /analyst-estimates · 2025-12-31

Forward P/E
15.67x
FY2027 est. EPS $4.61
Based on 3 analysts
EPS (TTM)
$3.82
TTM · diluted EPS
PEG Ratio
-12.42
Source: FMP · /ratios-ttm · /ratios annual · /analyst-estimates · /stock-peers · Black Hills Corporation SEC 10-K & 10-Q filings · US GAAPUpdated: 2026-06-08

PE Ratio History

2006 – 2025 · Annual
PE Ratio (TTM)
5Y Avg 16.5x
EPS (Annual)

▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare (Annual)

Historical PE Range

Past 19 fiscal years · Front-end computed
Average
18.4x
19-yr mean
Median
17.0x
19-yr midpoint
Minimum
9.8x
Lowest year
Maximum
43.6x
Highest year
19.0x ← Now
9.8x
Min
Q1 · 25%17.0x
Median
Q3 · 75%43.6x
Max
Historically Elevated

At 19.01x, BKH's current P/E is higher than in 79% of its annual fiscal year readings over the past 19 years — historically elevated.

79th percentileHigher than 15 of 19 historical fiscal year readings

Percentile calculated from annual fiscal year data points, not by trading day. Years where PE ≤ 0 or > 9,999 are excluded.

PE Ratio vs Peers

Diversified Utilities · 6 peers · Annual PE
CompanyMarket CapPE (Annual)vs AvgEPS (TTM)
Black Hills Corporation
Black Hills CorporationYou
BKH
$5.5B19.01x+4.5%$3.82
ALLETE, Inc.
ALLETE, Inc.
ALE
$3.9B20.85x+14.7%$3.11
Avista Corporation
Avista Corporation
AVA
$3.5B16.17x-11.1%$2.38
DTE Energy Company JR SUB DB 2017 E
DTE Energy Company JR SUB DB 2017 E
DTW
$3.7B18.26x+0.4%$7.06
New Jersey Resources Corporation
New Jersey Resources Corporation
NJR
$5.5B14.38x-20.9%$3.35
Northwestern Energy Group Inc
Northwestern Energy Group Inc
NWE
$4.3B21.88x+20.3%$2.95
ONE Gas, Inc.
ONE Gas, Inc.
OGS
$4.8B17.59x-3.3%$4.39
Industry Average
6 peers with valid PE
18.19xbaseline

* N/A — Company is not profitable (TTM) · excluded from industry average · ▸ FMP /stock-peers + /ratios?limit=1 · priceToEarningsRatio

Annual PE Ratio History

Showing 10 of 20 years
Fiscal Year EndPE RatioEPS (TTM)YoY ChangePE vs Max
2025-12-31Latest
FY2025
17.38x$3.99+16.2%
2024-12-31
FY2024
14.96x$3.91+8.5%
2023-12-31
FY2023
13.79x$3.91-21.9%
2022-12-31
FY2022
17.66x$3.98-6.3%
2021-12-31
FY2021
18.85x$3.74+11.9%
2020-12-31
FY2020
16.84x$3.65-29.5%
2019-12-31
FY2019
23.90x$3.29+80.9%
2018-12-31
FY2018
13.21x$4.75-26.8%
2017-12-31
FY2017
18.06x$3.33-58.6%
2016-12-31
FY2016
43.63x$1.41

▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare · Zero extra API

About PE Ratio & Methodology

The price-to-earnings (P/E) ratio for Black Hills Corporation (BKH) measures how much investors pay for each dollar of the company's trailing earnings. BKH's current PE ratio of 19.01x is calculated by dividing its stock price of $72.28 by its TTM earnings per share of $3.82.

PE Ratio = Stock Price ÷ EPS (TTM)
= $72.28 ÷ $3.82 = 19.01x
TTMTrailing Twelve Months — sum of the most recent 4 quarterly EPS figures
Forward PEStock price ÷ analyst consensus EPS estimate for the next fiscal year
PEGPE ÷ earnings growth rate — values below 1.0 suggest growth may justify the premium
Figures tie to SEC 10-K/10-Q and FMP ratio endpoints where noted.

Frequently asked questions

BKH pe ratio · 6 questions

BKH's current PE ratio is 19.01x as of 2026-06-08, based on a stock price of $72.28 and TTM EPS of $3.82. Data sourced from Financial Modeling Prep via BKH's SEC 10-K and 10-Q filings.

BKH PE ratioWhat is BKH PE ratioCurrent PE ratio of BKHBKH PE ratio today

Source: FMP · /ratios-ttm · /ratios annual · /analyst-estimates · /stock-peers · Black Hills Corporation SEC 10-K & 10-Q filings · US GAAP · Updated: 2026-06-08