NRP
Natural Resource Partners
PE ratio, current and historical analysis
As at Jul 2, 2026, the NRP stock has a PE ratio of 11.48. This is based on the current EPS of $8.63 and the stock price of $99.11 per share. An increase of 8% has been seen in the P/E ratio compared to the average of 10.6 of the last 4 quarters.
NRP PE ratio history
The mean historical PE ratio of Natural Resource Partners over the last ten years is 6.21. The current 11.48 PE ratio is 85% 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.
Natural Resource Partners PE ratio by year
Maximum annual increase: 151.48% in 2011
Maximum annual decrease: -82.64% in 2012
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 10.26 | 8% | $104.4 | $10.18 |
| 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 |
Natural Resource Partners PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 14.02 | 36.65% | $121 | $8.63 |
| Dec 2025 | 10.26 | 8.34% | $104.4 | $10.18 |
| 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 |
NRP Price vs fair value
NRP 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.
The current PE ratio of NRP is greater than its 3, 5 and 10-year historical averages.
PE comparison
Natural Resource Partners's P/E of 11.48 is below the Energy sector and the industry average. Compared to its Energy sector average of 16.23, Natural Resource Partners's P/E is 29% lower.
NRP PE vs peers
Compared to its peer stocks ACI and ARLP, NRP's PE ratio stands lower.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NRP Natural Resource Partners Lp | 11.48 | $1.31B |
| ARLP Alliance Resource Partners Lp | 12.53 | $3.06B |
| HNRG Hallador Energy Co | 29.55 | $765.87M |
| ACI Albertsons Companies Inc | 35.33 | $6.99B |
| BTU Peabody Energy Corp | N/A | $2.72B |
Frequently asked questions
What is Natural Resource Partners's PE ratio?
The price to earnings ratio for NRP stock is 11.48 as of Jul 2, 2026.
What is the 3-year average PE ratio for Natural Resource Partners (NRP)?
As an average over the last 3 years, NRP stock has a PE ratio of 8.4.
What is the 5-year average PE ratio for Natural Resource Partners (NRP)?
As an average over the last 5 years, NRP stock has a PE ratio of 6.52.
What is the highest PE ratio for NRP?
In the last ten years, the Jun 2021 quarter recorded the highest quarterly PE ratio at 17.82.
How does the current PE ratio for NRP compare to its historical average?
NRP's current price to earnings ratio is 85% above its 10-year historical average.
How is NRP's PE ratio calculated (Natural Resource Partners PE ratio formula)?
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Jul 2, 2026), Natural Resource Partners's stock price is $99.11. The earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $8.63. Therefore, Natural Resource Partners's P/E ratio for today is 11.48. PE RATIO(11.48) = STOCK PRICE($99.11) / TTM EPS($8.63)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.