As of Jul 25, 2024, the NFG stock has a PE ratio of 11.32. The calculation is based on the latest EPS of $5.07 and the stock price of $57.41 per share. An increase of 15% has been observed in the PE ratio compared to its average of 9.9 of the past four quarters.
The mean historical PE ratio of National Fuel Gas over the last ten years is 18.14. The current 11.32 price-to-earnings ratio is 38% less than 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.
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% |
Currently, NFG's PE ratio is above its 3-year average, but it is under its 5 and 10-year averages.
NFG's PE ratio is below its peer stocks CVX and OKE. National Fuel Gas is currently trading at a lower PE ratio (11.32) than its peers average of 19.36.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NFG National Fuel Gas Co | 11.42 | $5.32B |
| CVX Chevron Corp | 14.45 | $291.53B |
| NWN Northwest Natural Holding Co | 17.78 | $1.55B |
| NJR New Jersey Resources Corp | 18.5 | $4.64B |
| ATO Atmos Energy Corp | 19.03 | $19.03B |
| OKE Oneok Inc | 19.34 | $47.87B |
| SWX Southwest Gas Holdings Inc | 28.2 | $5.44B |
| STR Sitio Royalties Corporation | N/A | $3.74B |
| UGI Ugi Corp | N/A | $5.17B |
NFG stock has a price to earnings ratio of 11.32 as of Jul 25, 2024.
As an average over the last 3 years, NFG stock has a PE ratio of 10.98.
As an average over the last 5 years, NFG stock has a PE ratio of 19.44.
Over the last ten years, the quarterly PE ratio reached its highest level at 56.17 in the Mar 2021 quarter.
NFG's current price to earnings ratio is 38% 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), National Fuel Gas's share price is $57.41. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $5.07. Therefore, National Fuel Gas's price to earnings ratio for today is 11.32. PE RATIO(11.32) = STOCK PRICE($57.41) / TTM EPS($5.07)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.