NFG National Fuel Gas PE ratio, current and historical analysis
As of Dec 20, 2024, the NFG stock has a PE ratio of 71.35. The calculation is based on the latest EPS of $0.84 and the stock price of $59.93 per share. An increase of 162% has been observed in the PE ratio compared to its average of 27.2 of the past four quarters.
NFG PE ratio history
The mean historical PE ratio of National Fuel Gas over the last ten years is 19.75. The current 71.35 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 Sep 2024 quarter at 72.15, with a price of $60.61 and an EPS of $0.84. 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: 622.95% in 2024
Maximum annual decrease: -27.92% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2024 | 72.15 | 622.95% |
| 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 |
NFG average PE ratio chart
Currently, NFG's PE ratio is above its 3, 5 and 10-year averages.
NFG PE vs peers
NFG's PE ratio is above its peer stocks CVX and OKE. National Fuel Gas's current PE ratio of 71.35 is in line with the average of its peers, which is 20.14.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CVX Chevron Corp | 15.63 | $256.71B |
| NJR New Jersey Resources Corp | 15.82 | $4.64B |
| NWN Northwest Natural Holding Co | 18.58 | $1.59B |
| ATO Atmos Energy Corp | 20.45 | $21.71B |
| OKE Oneok Inc | 21.2 | $58.47B |
| UGI Ugi Corp | 21.47 | $5.85B |
| SWX Southwest Gas Holdings Inc | 27.86 | $5B |
| NFG National Fuel Gas Co | 71.35 | $5.44B |
| STR Sitio Royalties Corporation | N/A | $2.87B |
Frequently asked questions
What is National Fuel Gas's PE ratio?
NFG stock has a price to earnings ratio of 71.35 as of Dec 20, 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 16.28.
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 22.5.
What is the highest PE ratio for NFG?
Over the last ten years, the quarterly PE ratio reached its highest level at 72.15 in the Sep 2024 quarter.
How does the current PE ratio for NFG compare to its historical average?
NFG's current price to earnings ratio is 261% above its 10-year historical average.
Why is National Fuel Gas's PE ratio so high?
NFG's PE ratio of 71.35 is considered high because the company's stock price is trading at a higher multiple of earnings.
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 (Dec 20, 2024), National Fuel Gas's share price is $59.93. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $0.84. Therefore, National Fuel Gas's price to earnings ratio for today is 71.35. PE RATIO(71.35) = STOCK PRICE($59.93) / TTM EPS($0.84)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.