MDU Resources
MDU
#2052
Rank
$6.03 B
Marketcap
$29.64
Share price
0.87%
Change (1 day)
14.47%
Change (1 year)

P/E ratio for MDU Resources (MDU)

P/E ratio as of March 2023 (TTM): 16.4

According to MDU Resources 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.3867. At the end of 2021 the company had a P/E ratio of 16.6.

P/E ratio history for MDU Resources from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202116.622.75%
202013.5-23.62%
201917.73.11%
201817.2-8.12%
201718.7-78.59%
201687.2-1622.83%
2015-5.73-137.52%
201415.3-26.07%
201320.6-100%
2012< -1000-2.0147586283941E+18%
201119.0

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
16.7 1.68%๐Ÿ‡บ๐Ÿ‡ธ USA
21.9 33.39%๐Ÿ‡บ๐Ÿ‡ธ USA
38.4 134.40%๐Ÿ‡บ๐Ÿ‡ธ USA
20.6 25.67%๐Ÿ‡บ๐Ÿ‡ธ USA
19.9 21.71%๐Ÿ‡บ๐Ÿ‡ธ USA
17.8 8.39%๐Ÿ‡บ๐Ÿ‡ธ USA
15.4-5.74%๐Ÿ‡บ๐Ÿ‡ธ USA
23.2 41.80%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.