MDU Mdu Resources Group PE ratio, current and historical analysis

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Relative Growth: Rel. Growth: 27
Relative Strength: Rel. Strength: 66
Relative Valuation: Rel. Valuation: 49
Relative Profitability: Rel. Profitability: 65

As of Nov 5, 2025, the MDU stock has a PE ratio of 18.58. The calculation is based on the latest EPS of $1.06 and the stock price of $19.69 per share. An increase of 33% has been observed in the PE ratio compared to its average of 14.0 of the past four quarters.

MDU PE ratio history

How has MDU's PE ratio performed in the past

The mean historical PE ratio of Mdu Resources Group over the last ten years is 21.26. The current 18.58 price-to-earnings ratio is 13% less than the historical average. Analyzing the last ten years, MDU's PE ratio reached its highest point in the Sep 2016 quarter at 97.85, with a price of $25.44 and an EPS of $0.26. The Dec 2023 quarter saw the lowest point at 9.71, with a price of $19.8 and an EPS of $2.04.

Today
18.58
Average
21.26
Median
16.32
Minimum
9.71
Maximum
97.85

Mdu Resources Group PE ratio by year

Maximum annual increase: 34.5% in 2024

Maximum annual decrease: -78.58% in 2017

Year PE ratio PE change Price EPS
2024 13.06 34.5% $18.02 $1.38
2023 9.71 -42.06% $19.8 $2.04
2022 16.76 1.64% $30.34 $1.81
2021 16.49 22.06% $30.84 $1.87
2020 13.51 -23.15% $26.34 $1.95
2019 17.58 2.51% $29.71 $1.69
2018 17.15 -8.14% $23.84 $1.39
2017 18.67 -78.58% $26.88 $1.44
2016 87.18 N/A $28.77 $0.33
2015 N/A N/A $18.32 -$3.2
2014 15.16 -27.05% $23.5 $1.55
2013 20.78 N/A $30.55 $1.47
2012 N/A N/A $21.24 -$0.01
2011 19.16 20.96% $21.46 $1.12
2010 15.84 N/A $20.27 $1.28

Mdu Resources Group PE ratio by quarter (TTM)

Year PE ratio PE change Price EPS
Jun 2025 15.73 19.98% $16.67 $1.06
Mar 2025 13.11 0.38% $16.91 $1.29
Dec 2024 13.06 -6.58% $18.02 $1.38
Sep 2024 13.98 11.93% $27.41 $1.96
Jun 2024 12.49 16.51% $25.1 $2.01
Mar 2024 10.72 10.4% $25.2 $2.35
Dec 2023 9.71 -11.73% $19.8 $2.04
Sep 2023 11 12.36% $19.58 $1.78
Jun 2023 9.79 -40.59% $20.94 $2.14
Mar 2023 16.48 -1.67% $30.48 $1.85
Dec 2022 16.76 2.32% $30.34 $1.81
Sep 2022 16.38 -1.68% $27.35 $1.67
Jun 2022 16.66 10.62% $26.99 $1.62
Mar 2022 15.06 -8.67% $26.65 $1.77
Dec 2021 16.49 11.12% $30.84 $1.87

MDU Price vs fair value

How does MDU's price compare to its estimated fair value based on its growth

MDU average PE ratio chart

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

Currently, MDU's PE ratio is above its 3 and 5-year averages, but it is under its 10-year average.

3-year avg
12.98
5-year avg
14
10-year avg
21.26
15-year avg
33.62

PE comparison

With a price to earnings (P/E) of 18.58, MDU stands lower than the Industrials sector, the industry and its peers average. Looking at the Industrials sector average of 25.78, Mdu Resources Group's price to earnings (P/E) is 28% lower.

MDU PE vs peers

What is MDU's PE ratio compared to its peers

MDU's PE ratio is less than its peer stocks SRE and XEL, but it is above BKH's and NWE's. Mdu Resources Group is currently trading at a lower PE ratio (18.58) than its peers average of 21.82.

Stock name PE ratio Market cap
BKH Black Hills Corp 16.41 $4.76B
NWE Northwestern Corp 17.23 $3.75B
AVA Avista Corp 17.82 $3.22B
NWN Northwest Natural Holding Co 17.98 $1.88B
MDU Mdu Resources Group Inc 18.58 $4.02B
SRE Sempra Energy 22.24 $60.22B
CNP Centerpoint Energy Inc 24.69 $25.47B
XEL Xcel Energy Inc 24.8 $48.26B
VMC Vulcan Materials CO 33.69 $37.66B

Frequently asked questions

What is Mdu Resources Group's PE ratio?

MDU's price to earnings ratio is 18.58 as of Nov 5, 2025.

What is the 3-year average PE ratio for Mdu Resources Group (MDU)?

As an average over the last 3 years, MDU stock has a PE ratio of 12.98.

What is the 5-year average PE ratio for Mdu Resources Group (MDU)?

As an average over the last 5 years, MDU stock has a PE ratio of 14.0.

What is the highest PE ratio for MDU?

Over the last ten years, the Sep 2016 quarter recorded the highest quarterly PE ratio at 97.85.

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

MDU's current price to earnings ratio is 13% below its 10-year historical average.

How is MDU's PE ratio calculated (Mdu Resources Group PE ratio formula)?

The P/E ratio is calculated by taking the latest stock price and dividing it by the earnings per share(EPS) for the last 12 months. As of today (Nov 5, 2025), Mdu Resources Group's share price is $19.69. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2025 is $1.06. Therefore, Mdu Resources Group's price to earnings ratio for today is 18.58. PE RATIO(18.58) = STOCK PRICE($19.69) / TTM EPS($1.06)

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