As of Aug 1, 2026, NFG's PEG ratio of 0.07 reflects its valuation relative to its growth. This value reflects a P/E ratio of 11.35 measured against EPS growth of 166.5%. When compared to the trailing four-quarter average of 0.03, NFG's PEG ratio shows a 180% increase.
NFG PEG ratio history
National Fuel Gas's ten years historical PEG ratio has a mean of 0.17. Compared to historical data, NFG's 0.07 PEG ratio represents a decrease of 59%. NFG reached its maximum PEG ratio of 0.64 during the Jun 2023 quarter over the past ten years. The Dec 2017 quarter had the bottom reading at 0, indicating the most optimal growth-adjusted valuation.
National Fuel Gas PEG ratio by year
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 0.03 | 16.12 | 582.1% |
| 2024 | N/A | 72.15 | -83.8% |
| 2023 | N/A | 9.98 | -16% |
| 2022 | 0.18 | 9.94 | 55.1% |
| 2021 | 0.03 | 13.16 | 383% |
| 2020 | N/A | N/A | -139.9% |
| 2019 | N/A | 13.29 | -22.6% |
| 2018 | 0.33 | 12.29 | 37.3% |
| 2017 | 0.09 | 17.05 | 196.8% |
| 2016 | N/A | N/A | 23.8% |
| 2015 | N/A | N/A | -226.1% |
| 2014 | 1.33 | 19.61 | 14.8% |
| 2013 | 1.27 | 22.11 | 17.4% |
| 2012 | N/A | 20.39 | -15.3% |
| 2011 | 1.23 | 15.55 | 12.6% |
National Fuel Gas PEG ratio by quarter (TTM)
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Jun 2026 | 0.06 | 10.65 | 166.5% |
| Mar 2026 | 0.01 | 12.61 | 1,485.1% |
| Dec 2025 | 0 | 11.07 | 6,672.7% |
| Sep 2025 | 0.03 | 16.12 | 582.1% |
| Jun 2025 | N/A | 31.14 | -21.6% |
| Mar 2025 | N/A | 168.49 | -90.7% |
| Dec 2024 | N/A | N/A | -102.3% |
| Sep 2024 | N/A | 72.15 | -83.8% |
| Jun 2024 | N/A | 15.62 | -43.3% |
| Mar 2024 | N/A | 10.6 | -19.4% |
| Dec 2023 | N/A | 10.47 | -27.3% |
| Sep 2023 | N/A | 9.98 | -16% |
| Jun 2023 | 0.64 | 8.39 | 13.1% |
| Mar 2023 | 0.43 | 9.18 | 21.4% |
| Dec 2022 | 0.22 | 9.61 | 43.9% |
NFG average PEG ratio chart
When comparing to historical data, NFG's PEG ratio is lower than the 5 and 10-year averages.
PEG comparison
With a PEG of 0.07, NFG stands below the Energy sector and the industry average. Looking at its Energy sector average of 0.28, National Fuel Gas's PEG is 75% lower.
NFG EPS growth
NFG Price vs fair value
NFG PEG vs peers
NFG has a PEG ratio below that of peer stocks OKE and ATO.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| NFG National Fuel Gas Company | 0.07 | $7.85B |
| SWX Southwest Gas Holdings Inc | 0.13 | $6.52B |
| UGI Ugi Corp | 0.55 | $7.79B |
| NWN Northwest Natural Holding Company | 1.06 | $2.07B |
| ATO Atmos Energy Corp | 1.5 | $28.88B |
| OKE Oneok Inc | 1.68 | $55.69B |
| NJR New Jersey Resources Corporation | N/A | $5.89B |
| CVX Chevron Corp | N/A | $386.57B |
Frequently asked questions
What is National Fuel Gas's PEG ratio?
According to Aug 1, 2026 data, NFG's PEG ratio sits at 0.07.
What is the 5-year average PEG ratio for National Fuel Gas (NFG)?
NFG has a 5-year average PEG ratio of 0.14.
What is the highest PEG ratio for NFG?
NFG's PEG ratio peaked at 0.64 during the Jun 2023 quarter - the highest in ten years.
How does the current PEG ratio for NFG compare to its historical average?
Currently, NFG's PEG ratio is 59% lower than its 10-year historical average.
Why is National Fuel Gas's PEG ratio so low?
At 0.07, NFG's PEG ratio suggests the stock may be attractively priced given its growth rate.
How is NFG's PEG ratio calculated (National Fuel Gas PEG ratio formula)?
PEG equals PE divided by earnings per share growth (YoY TTM). As of Aug 1, 2026, National Fuel Gas has a P/E ratio of 11.35. Earnings grew at 166.5% over the TTM period ending Jun 2026. Applying the formula, this gives a price to earnings growth ratio of 0.07. PEG RATIO(0.07) = PE RATIO(11.35) / EPS GROWTH(166.5%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.