NFE New Fortress Energy PE ratio, current and historical analysis
- Stocks
- Utilities
- NASDAQ: NFE
- PE Ratio
The current PE ratio of NFE can't be determined, as the TTM EPS of -$1.24 is negative. The most recent PE ratio recorded for New Fortress Energy was 9.88 in September 2024.
NFE PE ratio history
Over the last four years, the average PE ratio of New Fortress Energy has been 40.8. Over the past four years, NFE's PE ratio was at its highest in the Sep 2021 quarter at 198.21, with a price of $27.75 and an EPS of $0.14. The Sep 2024 quarter recorded the bottom point at 9.88, with a price of $9.09 and an EPS of $0.92.
New Fortress Energy PE ratio history chart
New Fortress Energy PE ratio by year
Maximum annual decrease: -68.91% in 2023
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | N/A | N/A | $15.12 | -$1.24 |
| 2023 | 14.18 | -68.91% | $37.73 | $2.66 |
| 2022 | 45.61 | -7.43% | $42.42 | $0.93 |
| 2021 | 49.27 | N/A | $24.14 | $0.49 |
| 2020 | N/A | N/A | $53.59 | -$1.71 |
| 2019 | N/A | N/A | $15.67 | -$1.62 |
| 2018 | N/A | N/A | N/A | -$1.15 |
| 2017 | N/A | N/A | N/A | -$0.49 |
| 2016 | N/A | N/A | N/A | -$0.56 |
New Fortress Energy PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Dec 2024 | N/A | N/A | $15.12 | -$1.24 |
| Sep 2024 | 9.88 | -46.97% | $9.09 | $0.92 |
| Jun 2024 | 18.63 | 34.03% | $21.98 | $1.18 |
| Mar 2024 | 13.9 | -1.97% | $30.59 | $2.2 |
| Dec 2023 | 14.18 | -17.37% | $37.73 | $2.66 |
| Sep 2023 | 17.16 | 22.4% | $32.78 | $1.91 |
| Jun 2023 | 14.02 | -75.23% | $26.78 | $1.91 |
| Mar 2023 | 56.6 | 24.1% | $29.43 | $0.52 |
| Dec 2022 | 45.61 | 45.02% | $42.42 | $0.93 |
| Sep 2022 | 31.45 | -17.35% | $43.71 | $1.39 |
| Jun 2022 | 38.05 | 62.54% | $39.57 | $1.04 |
| Mar 2022 | 23.41 | -52.49% | $42.61 | $1.82 |
| Dec 2021 | 49.27 | -75.14% | $24.14 | $0.49 |
| Sep 2021 | 198.21 | N/A | $27.75 | $0.14 |
| Jun 2021 | N/A | N/A | $37.88 | -$0.02 |
NFE Price vs fair value
You can ether set your own Fair P/E multiple or use one of the automatically calculated Fair P/E multiples.
Fair P/E calculation
PE Ratio is an attempt to estimate a fair PE ratio of a stock based on its earnings and growth rate.
This formula is a modified version of the classic Graham-Dodd Formula (V= EPS x (8.5+2g)), originally developed by Benjamin Graham, to calculate the fair price of a stock based on its earnings and growth rate.
The formula we have created is an adaptation of this approach, designed to maintain a balance between simplicity and growth sensitivity.
It is calculated using the following formula:
IF g < 5: Fair PE = b
IF g >= 5: Fair PE = m × g
Here’s what each part of the formula means:
g: Growth is calculated as the average of the three-year average EPS growth rate and the one-year EPS growth rate (annually). This approach provides a balanced measure of growth by factoring in both the long-term growth trend and the most recent annual growth performance. If one of the growth metrics is not available, the remaining metric is used to determine growth. The fair P/E value is capped at 100 to prevent distortions caused by extreme EPS growth rates, such as those resulting from large percentage increases from a low base.
m: This is the long term historical median PEG (Price/Earnings to Growth) ratio of the overall market. It serves as a benchmark, adjusting the Fair PE based on typical market conditions.
b: Base PE (static value set to 8). If the company's growth rate is less than 5, the Fair PE is set at a conservative baseline of 8. This is because declining companies generally deserve a lower PE ratio.
Fixed vs Dynamic
Fixed: The Fair PE ratio for all data points is calculated using a single, constant average EPS growth rate, determined based on the most recent period. This means that the same growth rate is applied to all historical data points. Dynamic: The Fair PE ratio for each historical data point is calculated using the trailing average EPS growth rate specific to that point in time. This means that for each data point, the corresponding trailing EPS growth rate is used, ensuring that the Fair PE ratio reflects the growth conditions that were relevant at that specific point in history.
NFE average PE ratio chart
PE vs average
NFE PE vs peers
| Stock name | PE ratio | Market cap |
|---|---|---|
| NJR New Jersey Resources Corp | 10.75 | $4.49B |
| NI Nisource Inc | 21.01 | $18.49B |
| NFE New Fortress Energy Inc | N/A | $813.1M |
- Market
- Price
- Valuation
- Dividend
- Earnings
- Per share
- Balance sheet
- Liquidity
- Margins
- Efficiency
- Growth
- Market
- Price
- Valuation
- Dividend
- Earnings
- Per share
- Balance sheet
- Liquidity
- Margins
- Efficiency
- Growth
- Market
- Price
- Valuation
- Dividend
- Earnings
- Per share
- Balance sheet
- Liquidity
- Margins
- Efficiency
- Growth
Frequently asked questions
What is New Fortress Energy's PE ratio?
The current price to earnings ratio of NFE can't be calculated, as its EPS of -$1.24 is negative.
What is the 3-year average PE ratio for New Fortress Energy (NFE)?
As an average over the last 3 years, NFE stock has a PE ratio of 25.95.
What is the 5-year average PE ratio for New Fortress Energy (NFE)?
As an average over the last 5 years, NFE stock has a PE ratio of 40.8.
What is the highest PE ratio for NFE?
Over the last four years, the quarterly PE ratio reached a historic high of 198.21 in the Sep 2021 quarter.
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.