As at Nov 5, 2025, the NRP stock has a PE ratio of 9.46. This is based on the current EPS of $11.09 and the stock price of $104.9 per share. The current PE ratio is comparable to the past four-quarter average.
The mean historical PE ratio of Natural Resource Partners over the last ten years is 5.83. The current 9.46 PE ratio is 62% above the historical average. Over the past ten years, NRP's PE ratio was at its highest in the Jun 2021 quarter at 17.82, with a price of $21.2 and an EPS of $1.19. The Sep 2022 quarter recorded the bottom point at 2.44, with a price of $44.25 and an EPS of $18.13.
Maximum annual increase: 151.48% in 2011
Maximum annual decrease: -82.64% in 2012
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 9.5 | 59.93% | $111 | $11.69 |
| 2023 | 5.94 | 104.83% | $92.56 | $15.59 |
| 2022 | 2.9 | -46.69% | $54.33 | $18.72 |
| 2021 | 5.44 | N/A | $33.42 | $6.14 |
| 2020 | N/A | N/A | $13.75 | -$9.2 |
| 2019 | N/A | N/A | $20.11 | -$4.35 |
| 2018 | 4.36 | -15.18% | $38.24 | $8.77 |
| 2017 | 5.14 | 23.86% | $26 | $5.06 |
| 2016 | 4.15 | N/A | $32.3 | $7.78 |
| 2015 | N/A | N/A | $12.7 | -$45.75 |
| 2014 | 9.82 | -24.23% | $92.5 | $9.42 |
| 2013 | 12.96 | 37.73% | $199.4 | $15.39 |
| 2012 | 9.41 | -82.64% | $185.4 | $19.7 |
| 2011 | 54.22 | 151.48% | $271.1 | $5 |
| 2010 | 21.56 | 4.05% | $332 | $15.4 |
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Sep 2025 | 9.47 | 7.25% | $105 | $11.09 |
| Jun 2025 | 8.83 | -9.9% | $95.51 | $10.82 |
| Mar 2025 | 9.8 | 3.16% | $103.9 | $10.6 |
| Dec 2024 | 9.5 | 29.96% | $111 | $11.69 |
| Sep 2024 | 7.31 | 20.03% | $97.8 | $13.37 |
| Jun 2024 | 6.09 | 1.5% | $89.64 | $14.73 |
| Mar 2024 | 6 | 1.01% | $92 | $15.33 |
| Dec 2023 | 5.94 | 13.58% | $92.56 | $15.59 |
| Sep 2023 | 5.23 | 68.17% | $78.87 | $15.09 |
| Jun 2023 | 3.11 | 11.07% | $52.74 | $16.94 |
| Mar 2023 | 2.8 | -3.45% | $52.2 | $18.66 |
| Dec 2022 | 2.9 | 18.85% | $54.33 | $18.72 |
| Sep 2022 | 2.44 | -4.31% | $44.25 | $18.13 |
| Jun 2022 | 2.55 | -37.19% | $37.23 | $14.59 |
| Mar 2022 | 4.06 | -25.37% | $42.74 | $10.54 |
The current PE ratio of NRP is greater than its 3, 5 and 10-year historical averages.
Natural Resource Partners's P/E of 9.46 is below the Energy sector and the industry average. Compared to its Energy sector average of 15.84, Natural Resource Partners's P/E is 40% lower.
Compared to its peer stocks ACI and BTU, NRP's PE ratio stands lower.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NRP Natural Resource Partners Lp | 9.51 | $1.39B |
| ACI Albertsons Companies Inc | 10.41 | $9.67B |
| ARLP Alliance Resource Partners Lp | 13.87 | $3.24B |
| BTU Peabody Energy Corp | 25.89 | $3.59B |
| HNRG Hallador Energy Co | N/A | $878.7M |
The price to earnings ratio for NRP stock is 9.46 as of Nov 5, 2025.
As an average over the last 3 years, NRP stock has a PE ratio of 6.42.
As an average over the last 5 years, NRP stock has a PE ratio of 6.52.
In the last ten years, the Jun 2021 quarter recorded the highest quarterly PE ratio at 17.82.
NRP's current price to earnings ratio is 62% above its 10-year historical average.
NRP's stock price is trading at a lower multiple of earnings, which is why its PE ratio of 9.46 is considered low.
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Nov 5, 2025), Natural Resource Partners's stock price is $104.9. The earnings per share for the trailing twelve months (TTM) ending Sep 2025 is $11.09. Therefore, Natural Resource Partners's P/E ratio for today is 9.46. PE RATIO(9.46) = STOCK PRICE($104.9) / TTM EPS($11.09)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.