P/E ratio for MDU Resources (MDU)

P/E ratio history for MDU Resources from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Sempra Energy SRE	19.8	29.88%	🇺🇸 USA
Avista AVA	17.7	15.87%	🇺🇸 USA
NorthWestern Corporation NWE	17.7	15.55%	🇺🇸 USA
Black Hills BKH	15.2	-0.46%	🇺🇸 USA
NW Natural NWN	14.4	-6.04%	🇺🇸 USA
Xcel Energy XEL	18.2	18.78%	🇺🇸 USA
Vulcan Materials VMC	42.2	175.91%	🇺🇸 USA
CenterPoint Energy CNP	23.1	51.19%	🇺🇸 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.