As at Oct 29, 2024, the NRP stock has a PE ratio of 6.53. This is based on the current EPS of $14.73 and the stock price of $96.25 per share. An increase of 12% has been seen in the P/E ratio compared to the average of 5.8 of the last 4 quarters.
The mean historical PE ratio of Natural Resource Partners over the last ten years is 5.49. The current 6.53 PE ratio is 19% 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: 104.83% in 2023
Maximum annual decrease: -46.69% in 2022
Year | PE ratio | Change |
---|---|---|
2023 | 5.94 | 104.83% |
2022 | 2.9 | -46.69% |
2021 | 5.44 | N/A |
2020 | N/A | N/A |
2019 | N/A | N/A |
2018 | 4.36 | -15.18% |
2017 | 5.14 | 23.86% |
2016 | 4.15 | N/A |
2015 | N/A | N/A |
2014 | 9.82 | -24.23% |
The current PE ratio of NRP is greater than its 3, 5 and 10-year historical averages.
Compared to its peer ACI, NRP's PE ratio stands lower, however it is higher than ARLP's and BTU's.
Stock name | PE ratio | Market cap |
---|---|---|
BTU Peabody Energy Corp | 5.82 | $3.12B |
ARLP Alliance Resource Partners Lp | 6.42 | $3.32B |
NRP Natural Resource Partners Lp | 6.52 | $1.25B |
ACI Albertsons Companies Inc | 10.4 | $10.43B |
HNRG Hallador Energy Co | N/A | $452.82M |
The price to earnings ratio for NRP stock is 6.53 as of Oct 29, 2024.
As an average over the last 3 years, NRP stock has a PE ratio of 4.23.
As an average over the last 5 years, NRP stock has a PE ratio of 5.58.
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 19% 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 6.53 is considered low.
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Oct 29, 2024), Natural Resource Partners's stock price is $96.25. The earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $14.73. Therefore, Natural Resource Partners's P/E ratio for today is 6.53. PE RATIO(6.53) = STOCK PRICE($96.25) / TTM EPS($14.73)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.