As of Sep 28, 2023, the NFG stock has a PE ratio of 8.52. The calculation is based on the latest EPS of $6.12 and the stock price of $52.14 per share. A decrease of 8% has been observed in the PE ratio compared to its average of 9.3 of the past four quarters.
The mean historical PE ratio of National Fuel Gas over the last ten years is 19.36. The current 8.52 price-to-earnings ratio is 56% 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: 8.44% in 2013
Maximum annual decrease: -27.92% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 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% |
| 2013 | 22.11 | 8.44% |
Currently, NFG's PE ratio is under its 3, 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 (8.52) than its peers average of 16.0.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NFG National Fuel Gas Co | 8.5 | $4.78B |
| CVX Chevron Corp | 10.62 | $314.18B |
| OKE Oneok Inc | 11.7 | $28.44B |
| NWN Northwest Natural Holding Co | 13.29 | $1.38B |
| NJR New Jersey Resources Corp | 13.81 | $3.95B |
| ATO Atmos Energy Corp | 18.24 | $15.7B |
| STR Sitio Royalties Corporation | 27.51 | $3.81B |
| UGI Ugi Corp | N/A | $4.83B |
| SWX Southwest Gas Holdings Inc | N/A | $4.31B |
NFG stock has a price to earnings ratio of 8.52 as of Sep 28, 2023.
As an average over the last 3 years, NFG stock has a PE ratio of 18.4.
As an average over the last 5 years, NFG stock has a PE ratio of 20.0.
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 56% below its 10-year historical average.
A company with a lower PE ratio may indicate that the market has lower growth expectations for the company's future earnings.
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 (Sep 28, 2023), National Fuel Gas's share price is $52.14. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2023 is $6.12. Therefore, National Fuel Gas's price to earnings ratio for today is 8.52. PE RATIO(8.52) = STOCK PRICE($52.14) / TTM EPS($6.12)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.