NFG National Fuel Gas PE ratio, current and historical analysis
As of Nov 21, 2024, the NFG stock has a PE ratio of 18.3. The calculation is based on the latest EPS of $3.47 and the stock price of $63.51 per share. An increase of 57% has been observed in the PE ratio compared to its average of 11.7 of the past four quarters.
NFG PE ratio history
The mean historical PE ratio of National Fuel Gas over the last ten years is 18.01. The current 18.3 price-to-earnings ratio is in line with the historical average. Analyzing the last ten years, NFG's PE ratio reached its highest point in the Mar 2021 quarter at 56.17, with a price of $49.99 and an EPS of $0.89. The Jun 2023 quarter saw the lowest point at 8.39, with a price of $51.36 and an EPS of $6.12.
National Fuel Gas PE ratio by year
Maximum annual increase: 8.14% in 2019
Maximum annual decrease: -27.92% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 9.98 | 0.4% |
| 2022 | 9.94 | -24.47% |
| 2021 | 13.16 | N/A |
| 2020 | N/A | N/A |
| 2019 | 13.29 | 8.14% |
| 2018 | 12.29 | -27.92% |
| 2017 | 17.05 | N/A |
| 2016 | N/A | N/A |
| 2015 | N/A | N/A |
| 2014 | 19.61 | -11.31% |
NFG average PE ratio chart
Currently, NFG's PE ratio is above its 3 and 10-year averages, but it is under its 5-year average.
NFG PE vs peers
NFG's PE ratio is less than its peer stocks OKE and ATO, but it is above CVX's and UGI's. National Fuel Gas is currently trading at a lower PE ratio (18.3) than its peers average of 20.6.
| Stock name | PE ratio | Market cap |
|---|---|---|
| UGI Ugi Corp | 7.74 | $5.32B |
| CVX Chevron Corp | 17.68 | $290.46B |
| NFG National Fuel Gas Co | 18.3 | $5.8B |
| NWN Northwest Natural Holding Co | 20.29 | $1.73B |
| NJR New Jersey Resources Corp | 20.77 | $4.94B |
| ATO Atmos Energy Corp | 22 | $23.35B |
| OKE Oneok Inc | 24.74 | $68.2B |
| SWX Southwest Gas Holdings Inc | 30.99 | $5.56B |
| STR Sitio Royalties Corporation | N/A | $3.77B |
Frequently asked questions
What is National Fuel Gas's PE ratio?
NFG stock has a price to earnings ratio of 18.3 as of Nov 21, 2024.
What is the 3-year average PE ratio for National Fuel Gas (NFG)?
As an average over the last 3 years, NFG stock has a PE ratio of 11.2.
What is the 5-year average PE ratio for National Fuel Gas (NFG)?
As an average over the last 5 years, NFG stock has a PE ratio of 19.58.
What is the highest PE ratio for NFG?
Over the last ten years, the quarterly PE ratio reached its highest level at 56.17 in the Mar 2021 quarter.
How does the current PE ratio for NFG compare to its historical average?
NFG's current price to earnings ratio is 1.6% above its 10-year historical average.
How is NFG's PE ratio calculated (National Fuel Gas 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 21, 2024), National Fuel Gas's share price is $63.51. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $3.47. Therefore, National Fuel Gas's price to earnings ratio for today is 18.3. PE RATIO(18.3) = STOCK PRICE($63.51) / TTM EPS($3.47)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.