As of Jul 25, 2024, the MDU stock has a PE ratio of 11.35. The calculation is based on the latest EPS of $2.35 and the stock price of $26.67 per share. An increase of 10% has been observed in the PE ratio compared to its average of 10.3 of the past four quarters.
The mean historical PE ratio of Mdu Resources Group over the last ten years is 22.11. The current 11.35 price-to-earnings ratio is 49% 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.
Maximum annual increase: 22.06% in 2021
Maximum annual decrease: -78.58% in 2017
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 9.71 | -42.06% |
| 2022 | 16.76 | 1.64% |
| 2021 | 16.49 | 22.06% |
| 2020 | 13.51 | -23.15% |
| 2019 | 17.58 | 2.51% |
| 2018 | 17.15 | -8.14% |
| 2017 | 18.67 | -78.58% |
| 2016 | 87.18 | N/A |
| 2015 | N/A | N/A |
| 2014 | 15.16 | -27.05% |
Currently, MDU's PE ratio is under its 3, 5 and 10-year averages.
MDU's PE ratio is below its peer stocks SRE and VMC. Mdu Resources Group is currently trading at a lower PE ratio (11.35) than its peers average of 19.49.
| Stock name | PE ratio | Market cap |
|---|---|---|
| MDU Mdu Resources Group Inc | 11.57 | $5.54B |
| BKH Black Hills Corp | 14.44 | $4.05B |
| AVA Avista Corp | 16.26 | $3.08B |
| NWE Northwestern Corp | 16.5 | $3.27B |
| XEL Xcel Energy Inc | 17.22 | $31.86B |
| SRE Sempra Energy | 17.3 | $49.71B |
| NWN Northwest Natural Holding Co | 17.78 | $1.55B |
| CNP Centerpoint Energy Inc | 20.53 | $18.78B |
| VMC Vulcan Materials CO | 37.93 | $34.61B |
| STR Sitio Royalties Corporation | N/A | $3.74B |
MDU's price to earnings ratio is 11.35 as of Jul 25, 2024.
As an average over the last 3 years, MDU stock has a PE ratio of 13.99.
As an average over the last 5 years, MDU stock has a PE ratio of 14.23.
Over the last ten years, the Sep 2016 quarter recorded the highest quarterly PE ratio at 97.85.
MDU's current price to earnings ratio is 49% below its 10-year historical average.
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 (Jul 25, 2024), Mdu Resources Group's share price is $26.67. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $2.35. Therefore, Mdu Resources Group's price to earnings ratio for today is 11.35. PE RATIO(11.35) = STOCK PRICE($26.67) / TTM EPS($2.35)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.