NJR
New Jersey Resources
PE ratio, current and historical analysis
As at Jun 22, 2026, the NJR stock has a PE ratio of 16.17. This is based on the current EPS of $3.39 and the stock price of $54.81 per share. An increase of 16% has been seen in the P/E ratio compared to the average of 13.9 of the last 4 quarters.
NJR PE ratio history
The mean historical PE ratio of New Jersey Resources over the last ten years is 21.27. The current 16.17 PE ratio is 24% below the historical average. Over the past ten years, NJR's PE ratio was at its highest in the Mar 2022 quarter at 46.32, with a price of $45.86 and an EPS of $0.99. The Jun 2025 quarter recorded the bottom point at 10.85, with a price of $44.82 and an EPS of $4.13.
New Jersey Resources PE ratio by year
Maximum annual increase: 87.71% in 2019
Maximum annual decrease: -52.19% in 2022
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 14.37 | -10.47% | $48.15 | $3.35 |
| 2024 | 16.05 | 7.86% | $47.2 | $2.94 |
| 2023 | 14.88 | 9.98% | $40.63 | $2.73 |
| 2022 | 13.53 | -52.19% | $38.7 | $2.86 |
| 2021 | 28.3 | 80.14% | $34.81 | $1.23 |
| 2020 | 15.71 | -51.71% | $27.02 | $1.72 |
| 2019 | 32.53 | 87.71% | $45.22 | $1.39 |
| 2018 | 17.33 | -37.1% | $46.1 | $2.66 |
| 2017 | 27.55 | 28.26% | $42.15 | $1.53 |
| 2016 | 21.48 | 51.59% | $32.86 | $1.53 |
| 2015 | 14.17 | -5.15% | $30.03 | $2.12 |
| 2014 | 14.94 | -6.39% | $25.26 | $1.69 |
| 2013 | 15.96 | -21.8% | $22.03 | $1.38 |
| 2012 | 20.41 | 17.98% | $22.86 | $1.12 |
| 2011 | 17.3 | 25.27% | $21.29 | $1.23 |
New Jersey Resources PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 16.2 | 14.49% | $54.92 | $3.39 |
| Dec 2025 | 14.15 | -1.53% | $46.12 | $3.26 |
| Sep 2025 | 14.37 | 32.44% | $48.15 | $3.35 |
| Jun 2025 | 10.85 | -7.97% | $44.82 | $4.13 |
| Mar 2025 | 11.79 | -15.36% | $49.06 | $4.16 |
| Dec 2024 | 13.93 | -13.21% | $46.65 | $3.35 |
| Sep 2024 | 16.05 | -9.88% | $47.2 | $2.94 |
| Jun 2024 | 17.81 | 5.45% | $42.74 | $2.4 |
| Mar 2024 | 16.89 | -7.2% | $42.91 | $2.54 |
| Dec 2023 | 18.2 | 22.31% | $44.58 | $2.45 |
| Sep 2023 | 14.88 | -7.64% | $40.63 | $2.73 |
| Jun 2023 | 16.11 | -7.63% | $47.2 | $2.93 |
| Mar 2023 | 17.44 | 2.29% | $53.2 | $3.05 |
| Dec 2022 | 17.05 | 26.02% | $49.62 | $2.91 |
| Sep 2022 | 13.53 | -30.44% | $38.7 | $2.86 |
NJR Price vs fair value
NJR average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
Currently, NJR's PE ratio is above the 3-year historical average, but it is below the 5 and 10-year averages.
PE comparison
New Jersey Resources's P/E of 16.17 is below the Utilities sector, the industry and its peers average. Compared to its Utilities sector average of 19.66, New Jersey Resources's P/E is 18% lower.
NJR PE vs peers
Compared to its peers CNP and NI, NJR's PE ratio stands lower, however it is higher than OKE's and NFG's. New Jersey Resources's PE ratio is trading below the peer group average of 18.91.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NFG National Fuel Gas Co | 10.31 | $7.3B |
| OKE Oneok Inc | 15.6 | $55.15B |
| NJR New Jersey Resources Corp | 16.56 | $5.67B |
| CPK Chesapeake Utilities Corp | 19.33 | $2.91B |
| NI Nisource Inc | 23.33 | $22.59B |
| CNP Centerpoint Energy Inc | 26.74 | $28.51B |
Frequently asked questions
What is New Jersey Resources's PE ratio?
The price to earnings ratio for NJR stock is 16.17 as of Jun 22, 2026.
What is the 3-year average PE ratio for New Jersey Resources (NJR)?
Over the last 3 years, the average price to earnings ratio for NJR stock is 15.1.
What is the 5-year average PE ratio for New Jersey Resources (NJR)?
Over the last 5 years, the average price to earnings ratio for NJR stock is 18.74.
What is the highest PE ratio for NJR?
Over the last ten years, the quarterly PE ratio reached a historic high of 46.32 in the Mar 2022 quarter.
How does the current PE ratio for NJR compare to its historical average?
NJR's current price to earnings ratio is 24% below its 10-year historical average.
How is NJR's PE ratio calculated (New Jersey Resources PE ratio formula)?
You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Jun 22, 2026), New Jersey Resources's stock price is $54.81. The earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $3.39. Therefore, New Jersey Resources's P/E ratio for today is 16.17. PE RATIO(16.17) = STOCK PRICE($54.81) / TTM EPS($3.39)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.