NJR New Jersey Resources PE ratio, current and historical analysis
As at May 14, 2025, the NJR stock has a PE ratio of 10.94. This is based on the current EPS of $4.16 and the stock price of $45.5 per share. A decrease of 27% has been seen in the P/E ratio compared to the average of 14.9 of the last 4 quarters.
NJR PE ratio history
The mean historical PE ratio of New Jersey Resources over the last ten years is 21.94. The current 10.94 PE ratio is 50% 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 Mar 2025 quarter recorded the bottom point at 11.79, with a price of $49.06 and an EPS of $4.16.
New Jersey Resources PE ratio by year
Maximum annual increase: 87.71% in 2019
Maximum annual decrease: -74.9% in 2010
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 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 |
| 2010 | 13.81 | -74.9% | $19.61 | $1.42 |
New Jersey Resources PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 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 |
| Jun 2022 | 19.45 | -58.01% | $44.53 | $2.29 |
| Mar 2022 | 46.32 | 74.86% | $45.86 | $0.99 |
| Dec 2021 | 26.49 | -6.4% | $41.06 | $1.55 |
| Sep 2021 | 28.3 | 13.02% | $34.81 | $1.23 |
NJR Price vs fair value
NJR average PE ratio chart
Currently, NJR's PE ratio is below the 3, 5 and 10-year averages.
NJR PE vs peers
Compared to its peer stocks OKE and CNP, NJR's PE ratio stands lower. New Jersey Resources's PE ratio is trading below the peer group average of 20.76.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NJR New Jersey Resources Corp | 10.94 | $4.57B |
| OKE Oneok Inc | 16.62 | $53.27B |
| NI Nisource Inc | 20.26 | $17.83B |
| CPK Chesapeake Utilities Corp | 21.36 | $2.71B |
| CNP Centerpoint Energy Inc | 24.54 | $23.87B |
| STR Sitio Royalties Corporation | 35.83 | $2.81B |
| NFG National Fuel Gas Co | 168.91 | $7.17B |
Frequently asked questions
What is New Jersey Resources's PE ratio?
The price to earnings ratio for NJR stock is 10.94 as of May 14, 2025.
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 16.09.
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 20.04.
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 50% 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 (May 14, 2025), New Jersey Resources's stock price is $45.5. The earnings per share for the trailing twelve months (TTM) ending Mar 2025 is $4.16. Therefore, New Jersey Resources's P/E ratio for today is 10.94. PE RATIO(10.94) = STOCK PRICE($45.5) / TTM EPS($4.16)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.