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NFE New Fortress Energy PE ratio, current and historical analysis

The PE ratio for New Fortress Energy stock stands at 12.0 as of May 22, 2024. This is based on the current EPS of $2.2 and the stock price of $26.41 per share. A decrease of 19% has been seen in the P/E ratio compared to the average of 14.8 of the last 4 quarters.

NFE PE ratio history

How has NFE's PE ratio performed in the past

Over the last three years, the average PE ratio of New Fortress Energy has been 45.62. The current 12.0 PE ratio is 74% below the historical average. Over the past three 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 Mar 2024 quarter recorded the bottom point at 13.9, with a price of $30.59 and an EPS of $2.2.

Average
45.62
Median
31.45
Minimum
13.9
Maximum
198.21

New Fortress Energy PE ratio by year

Maximum annual decrease: -68.91% in 2023

Year PE ratio Change
2023 14.18 -68.91%
2022 45.61 -7.43%
2021 49.27 N/A
2020 N/A N/A
2019 N/A N/A
2018 N/A N/A
2017 N/A N/A
2016 N/A N/A

NFE average PE ratio chart

What is the average PE ratio of NFE for the past years

NFE's current P/E ratio is below the 3 and 5-year averages.

3-year avg
45.62
5-year avg
45.62
10-year avg
N/A
15-year avg
N/A

NFE PE vs peers

What is NFE's PE ratio compared to its peers

NFE's PE ratio is lower than its peer stocks NJR and OGS.

Stock name PE ratio Market cap
NFE New Fortress Energy Inc 12 $5.42B
OGS ONE Gas Inc 15.45 $3.55B
NWN Northwest Natural Holding Co 16.59 $1.44B
NJR New Jersey Resources Corp 17.22 $4.32B

Frequently asked questions

What is New Fortress Energy's PE ratio?

NFE's price to earnings ratio is 12 as of May 22, 2024.

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 45.62.

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 45.62.

What is the highest PE ratio for NFE?

Over the last three years, the quarterly PE ratio reached a historic high of 198.21 in the Sep 2021 quarter.

How does the current PE ratio for NFE compare to its historical average?

NFE's current price to earnings ratio is 74% below its 3-year historical average.

How is NFE's PE ratio calculated (New Fortress Energy PE ratio formula)?

The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (May 22, 2024), New Fortress Energy's stock price is $26.41. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $2.2. Therefore, New Fortress Energy's P/E ratio for today is 12. PE RATIO(12) = STOCK PRICE($26.41) / TTM EPS($2.2)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.