MDU
Mdu Resources Group
PE ratio, current and historical analysis
- Stocks
- Industrials
- NYSE: MDU
- PE Ratio
As of Jun 22, 2026, the MDU stock has a PE ratio of 23.04. The calculation is based on the latest EPS of $0.92 and the stock price of $21.2 per share. An increase of 14% has been observed in the PE ratio compared to its average of 20.2 of the past four quarters.
MDU PE ratio history
The mean historical PE ratio of Mdu Resources Group over the last ten years is 21.29. The current 23.04 price-to-earnings ratio is 8% more 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.
Mdu Resources Group PE ratio by year
Maximum annual increase: 60.72% in 2025
Maximum annual decrease: -78.58% in 2017
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 20.99 | 60.72% | $19.52 | $0.93 |
| 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 |
Mdu Resources Group PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 22.52 | 7.29% | $20.72 | $0.92 |
| Dec 2025 | 20.99 | -2.19% | $19.52 | $0.93 |
| Sep 2025 | 21.46 | 36.43% | $17.81 | $0.83 |
| 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 |
MDU Price vs fair value
MDU average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
Currently, MDU's PE ratio is above its 3, 5 and 10-year averages.
PE comparison
With a price to earnings (P/E) of 23.04, MDU stands lower than the Industrials sector, the industry and its peers average. Looking at the Industrials sector average of 30.63, Mdu Resources Group's price to earnings (P/E) is 25% lower.
MDU PE vs peers
MDU's PE ratio is less than its peer stocks SRE and VMC, but it is above XEL's and BKH's. Mdu Resources Group is currently trading at a lower PE ratio (23.04) than its peers average of 24.1.
| Stock name | PE ratio | Market cap |
|---|---|---|
| AVA Avista Corp | 15.82 | $3.28B |
| NWN Northwest Natural Holding Co | 16.51 | $2.05B |
| BKH Black Hills Corp | 18.84 | $5.55B |
| XEL Xcel Energy Inc | 22.58 | $49.2B |
| MDU Mdu Resources Group Inc | 23.04 | $4.43B |
| NWE Northwestern Corp | 25.63 | $4.3B |
| CNP Centerpoint Energy Inc | 26.45 | $28.21B |
| SRE Sempra Energy | 30.95 | $59.89B |
| VMC Vulcan Materials CO | 35.98 | $39.5B |
Frequently asked questions
What is Mdu Resources Group's PE ratio?
MDU's price to earnings ratio is 23.04 as of Jun 22, 2026.
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 14.55.
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 15.12.
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 8% above 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 (Jun 22, 2026), Mdu Resources Group's share price is $21.2. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $0.92. Therefore, Mdu Resources Group's price to earnings ratio for today is 23.04. PE RATIO(23.04) = STOCK PRICE($21.2) / TTM EPS($0.92)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.