NFG PE ratio history
The mean historical PE ratio of National Fuel Gas over the last nine years is 24.84. The current 32.1 price-to-earnings ratio is 29% more than the historical average. Analyzing the last nine years, NFG's PE ratio reached its highest point in the Mar 2025 quarter at 168.49, with a price of $79.19 and an EPS of $0.47. 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: -48.73% in 2010
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 72.15 | 622.95% | $60.61 | $0.84 |
| 2023 | 9.98 | 0.4% | $51.91 | $5.2 |
| 2022 | 9.94 | -24.47% | $61.55 | $6.19 |
| 2021 | 13.16 | N/A | $52.52 | $3.99 |
| 2020 | N/A | N/A | $40.59 | -$1.41 |
| 2019 | 13.29 | 8.14% | $46.92 | $3.53 |
| 2018 | 12.29 | -27.92% | $56.06 | $4.56 |
| 2017 | 17.05 | N/A | $56.61 | $3.32 |
| 2016 | N/A | N/A | $54.07 | -$3.43 |
| 2015 | N/A | N/A | $49.98 | -$4.5 |
| 2014 | 19.61 | -11.31% | $69.99 | $3.57 |
| 2013 | 22.11 | 8.44% | $68.76 | $3.11 |
| 2012 | 20.39 | 31.13% | $54.04 | $2.65 |
| 2011 | 15.55 | -16.58% | $48.68 | $3.13 |
| 2010 | 18.64 | -48.73% | $51.81 | $2.78 |
National Fuel Gas PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Jun 2025 | 31.14 | -81.52% | $84.71 | $2.72 |
| Mar 2025 | 168.49 | N/A | $79.19 | $0.47 |
| Dec 2024 | N/A | N/A | $60.68 | -$0.11 |
| Sep 2024 | 72.15 | 361.91% | $60.61 | $0.84 |
| Jun 2024 | 15.62 | 47.36% | $54.19 | $3.47 |
| Mar 2024 | 10.6 | 1.24% | $53.72 | $5.07 |
| Dec 2023 | 10.47 | 4.91% | $50.17 | $4.79 |
| Sep 2023 | 9.98 | 18.95% | $51.91 | $5.2 |
| Jun 2023 | 8.39 | -8.61% | $51.36 | $6.12 |
| Mar 2023 | 9.18 | -4.47% | $57.74 | $6.29 |
| Dec 2022 | 9.61 | -3.32% | $63.3 | $6.59 |
| Sep 2022 | 9.94 | -18.59% | $61.55 | $6.19 |
| Jun 2022 | 12.21 | -7.92% | $66.05 | $5.41 |
| Mar 2022 | 13.26 | -5.01% | $68.7 | $5.18 |
| Dec 2021 | 13.96 | 6.08% | $63.94 | $4.58 |
NFG Price vs fair value
NFG average PE ratio chart
Currently, NFG's PE ratio is above its 5 and 10-year averages, but it is under its 3-year average.
NFG PE vs peers
NFG's PE ratio is less than its peer stock STR, but it is above CVX's and OKE's. National Fuel Gas is currently trading at a higher PE ratio (32.1) than its peers average of 19.66.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NJR New Jersey Resources Corp | 11.11 | $4.64B |
| UGI Ugi Corp | 15.17 | $7.91B |
| OKE Oneok Inc | 15.56 | $49.86B |
| NWN Northwest Natural Holding Co | 15.76 | $1.62B |
| CVX Chevron Corp | 17.2 | $263.78B |
| ATO Atmos Energy Corp | 22.15 | $25.33B |
| SWX Southwest Gas Holdings Inc | 25.46 | $5.73B |
| NFG National Fuel Gas Co | 32.1 | $7.89B |
| STR Sitio Royalties Corporation | 34.83 | $2.73B |
Frequently asked questions
What is National Fuel Gas's PE ratio?
NFG stock has a price to earnings ratio of 32.1 as of Aug 4, 2025.
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 32.32.
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 29.56.
What is the highest PE ratio for NFG?
Over the last nine years, the quarterly PE ratio reached its highest level at 168.49 in the Mar 2025 quarter.
How does the current PE ratio for NFG compare to its historical average?
NFG's current price to earnings ratio is 29% above its 9-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 (Aug 4, 2025), National Fuel Gas's share price is $87.3. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2025 is $2.72. Therefore, National Fuel Gas's price to earnings ratio for today is 32.1. PE RATIO(32.1) = STOCK PRICE($87.3) / TTM EPS($2.72)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.