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NJR New Jersey Resources PE ratio, current and historical analysis

As at Jun 20, 2024, the NJR stock has a PE ratio of 16.57. This is based on the current EPS of $2.54 and the stock price of $42.09 per share. The current PE ratio is comparable to the past four-quarter average.

NJR PE ratio history

How has NJR's PE ratio performed in the past

The mean historical PE ratio of New Jersey Resources over the last ten years is 21.93. The current 16.57 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 Dec 2014 quarter recorded the bottom point at 10, with a price of $30.6 and an EPS of $3.06.

Average
21.93
Median
18.9
Minimum
10
Maximum
46.32

New Jersey Resources PE ratio by year

Maximum annual increase: 87.71% in 2019

Maximum annual decrease: -52.19% in 2022

Year PE ratio Change
2023 14.88 9.98%
2022 13.53 -52.19%
2021 28.3 80.14%
2020 15.71 -51.71%
2019 32.53 87.71%
2018 17.33 -37.1%
2017 27.55 28.26%
2016 21.48 51.59%
2015 14.17 -5.15%
2014 14.94 -6.39%

NJR average PE ratio chart

What is the average PE ratio of NJR for the past years

Currently, NJR's PE ratio is below the 3, 5 and 10-year averages.

3-year avg
21.64
5-year avg
23.53
10-year avg
21.93
15-year avg
21.26

NJR PE vs peers

What is NJR's PE ratio compared to its peers

Compared to its peers OKE and CNP, NJR's PE ratio stands lower, however it is higher than NFG's. New Jersey Resources's PE ratio is trading below the peer group average of 18.23.

Stock name PE ratio Market cap
NFG National Fuel Gas Co 10.77 $5.02B
NJR New Jersey Resources Corp 16.57 $4.16B
NI Nisource Inc 17.71 $12.7B
OKE Oneok Inc 19.12 $47.3B
CPK Chesapeake Utilities Corp 21.68 $2.31B
CNP Centerpoint Energy Inc 21.87 $20.01B
STR Sitio Royalties Corporation N/A $3.48B

Frequently asked questions

What is New Jersey Resources's PE ratio?

The price to earnings ratio for NJR stock is 16.57 as of Jun 20, 2024.

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 21.64.

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 23.53.

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 20, 2024), New Jersey Resources's stock price is $42.09. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $2.54. Therefore, New Jersey Resources's P/E ratio for today is 16.57. PE RATIO(16.57) = STOCK PRICE($42.09) / TTM EPS($2.54)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.