NWN
Northwest Natural Holding
PE ratio, current and historical analysis
The current PE ratio for Northwest Natural Holding stock as of Jun 22, 2026 is 16.51. This is calculated based on the current EPS of $2.95 and the stock price of $48.7 per share. The P/E ratio has a decrease of 3.1% from the past four quarters average of 17.0.
NWN PE ratio history
The average historical PE ratio of Northwest Natural Holding for the last ten years is 21.73. The current PE ratio of 16.51 is 24% below the historical average. Over the past ten years, NWN's PE ratio was at its highest in the Dec 2019 quarter at 35.62, when the stock price was $73.73 and the EPS was $2.07. The lowest value was in the Sep 2023 quarter, when it reached 13.73 with a price of $38.16 and an EPS of $2.78.
Northwest Natural Holding PE ratio by year
Maximum annual increase: 31.97% in 2019
Maximum annual decrease: -48.57% in 2020
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 16.87 | -13.44% | $46.74 | $2.77 |
| 2024 | 19.49 | 29.67% | $39.56 | $2.03 |
| 2023 | 15.03 | -19.8% | $38.94 | $2.59 |
| 2022 | 18.74 | -1.63% | $47.59 | $2.54 |
| 2021 | 19.05 | 3.98% | $48.78 | $2.56 |
| 2020 | 18.32 | -48.57% | $45.99 | $2.51 |
| 2019 | 35.62 | 31.97% | $73.73 | $2.07 |
| 2018 | 26.99 | N/A | $60.46 | $2.24 |
| 2017 | N/A | N/A | $59.65 | -$1.94 |
| 2016 | 28.08 | 8.75% | $59.8 | $2.13 |
| 2015 | 25.82 | 11.77% | $50.61 | $1.96 |
| 2014 | 23.1 | 20.82% | $49.9 | $2.16 |
| 2013 | 19.12 | -5.25% | $42.82 | $2.24 |
| 2012 | 20.18 | -0.64% | $44.2 | $2.19 |
| 2011 | 20.31 | 19.33% | $47.93 | $2.36 |
Northwest Natural Holding PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 18.04 | 6.94% | $53.22 | $2.95 |
| Dec 2025 | 16.87 | -4.64% | $46.74 | $2.77 |
| Sep 2025 | 17.69 | 13.98% | $44.93 | $2.54 |
| Jun 2025 | 15.52 | -7.34% | $39.72 | $2.56 |
| Mar 2025 | 16.75 | -14.06% | $42.72 | $2.55 |
| Dec 2024 | 19.49 | 1.72% | $39.56 | $2.03 |
| Sep 2024 | 19.16 | 16.19% | $40.82 | $2.13 |
| Jun 2024 | 16.49 | 1.48% | $36.11 | $2.19 |
| Mar 2024 | 16.25 | 8.12% | $37.22 | $2.29 |
| Dec 2023 | 15.03 | 9.47% | $38.94 | $2.59 |
| Sep 2023 | 13.73 | -8.47% | $38.16 | $2.78 |
| Jun 2023 | 15 | -8.87% | $43.05 | $2.87 |
| Mar 2023 | 16.46 | -12.17% | $47.56 | $2.89 |
| Dec 2022 | 18.74 | 12.76% | $47.59 | $2.54 |
| Sep 2022 | 16.62 | -21.75% | $43.38 | $2.61 |
NWN Price vs fair value
NWN 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.
NWN's current P/E ratio is below the 3, 5 and 10-year averages.
PE comparison
Northwest Natural Holding's P/E of 16.51 is below the Utilities sector, the industry and its peers average. Compared to its Utilities sector average of 19.66, Northwest Natural Holding's P/E is 16% lower.
NWN PE vs peers
Compared to its peers SRE and ATO, NWN's PE ratio stands lower, however it is higher than PCG's and NFG's. Northwest Natural Holding's current PE ratio of 16.51 is below the average of its peers, which is 19.23.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NFG National Fuel Gas Co | 10.22 | $7.23B |
| PCG PG&E Corp | 12.89 | $36.62B |
| SWX Southwest Gas Holdings Inc | 13.79 | $6.41B |
| NJR New Jersey Resources Corp | 16.17 | $5.53B |
| NWN Northwest Natural Holding Co | 16.51 | $2.05B |
| CPK Chesapeake Utilities Corp | 18.94 | $2.86B |
| ATO Atmos Energy Corp | 20.63 | $28.31B |
| MDU Mdu Resources Group Inc | 23.04 | $4.43B |
| CNP Centerpoint Energy Inc | 26.45 | $28.21B |
| SRE Sempra Energy | 30.95 | $59.89B |
Frequently asked questions
What is Northwest Natural Holding's PE ratio?
NWN's price to earnings ratio is 16.51 as of Jun 22, 2026.
What is the 3-year average PE ratio for Northwest Natural Holding (NWN)?
Over the last 3 years, the average price to earnings ratio for NWN stock is 16.67.
What is the 5-year average PE ratio for Northwest Natural Holding (NWN)?
Over the last 5 years, the average price to earnings ratio for NWN stock is 17.32.
What is the highest PE ratio for NWN?
In the last ten years, the Dec 2019 quarter recorded the highest quarterly PE ratio at 35.62.
How does the current PE ratio for NWN compare to its historical average?
The current price to earnings ratio of NWN is 24% lower than the 10-year historical average.
How is NWN's PE ratio calculated (Northwest Natural Holding PE ratio formula)?
The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Jun 22, 2026), Northwest Natural Holding's stock price is $48.7. The earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $2.95. Therefore, Northwest Natural Holding's P/E ratio for today is 16.51. PE RATIO(16.51) = STOCK PRICE($48.7) / TTM EPS($2.95)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.