Company Selected - TXNM Energy, Inc. - Valuation

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Fiscal Year is From January To December	09/30/2025	06/30/2025	03/31/2025	12/31/2024
EV \ EBITDA Ratio	12.05x	12.43x	12.44x	11.60x
EV \ Sales Ratio	5.45x	5.69x	5.73x	5.43x
P \ E Ratio	34.39x	33.81x	27.90x	21.17x
Forward P \ E Ratio	-	-	-	-
P \ CF Ratio	10.42x	12.45x	10.25x	10.11x
P \ S Ratio	2.89x	2.96x	2.83x	2.61x
P \ BV Ratio	1.76x	1.86x	2.23x	1.98x
P \ Tangible BV Ratio (Excluding Intagible Assets (Including Goodwill))	1.91x	2.04x	2.50x	2.22x