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 |
|---|---|---|
| 2021 | 16.6 | 22.75% |
| 2020 | 13.5 | -23.62% |
| 2019 | 17.7 | 3.11% |
| 2018 | 17.2 | -8.12% |
| 2017 | 18.7 | -78.59% |
| 2016 | 87.2 | -1622.83% |
| 2015 | -5.73 | -137.52% |
| 2014 | 15.3 | -26.07% |
| 2013 | 20.6 | -100% |
| 2012 | < -1000 | -2.0147586283941E+18% |
| 2011 | 19.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 CenterPoint Energy
CNP | 16.7 | 1.68% | 🇺🇸 USA |
 Sempra Energy SRE | 21.9 | 33.39% | 🇺🇸 USA |
 Vulcan Materials VMC | 38.4 | 134.40% | 🇺🇸 USA |
 Xcel Energy XEL | 20.6 | 25.67% | 🇺🇸 USA |
 NorthWestern Corporation
NWE | 19.9 | 21.71% | 🇺🇸 USA |
 NW Natural
NWN | 17.8 | 8.39% | 🇺🇸 USA |
 Black Hills BKH | 15.4 | -5.74% | 🇺🇸 USA |
 Avista
AVA | 23.2 | 41.80% | 🇺🇸 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.