P/E ratio for National Fuel Gas (NFG)
P/E ratio as of June 2024 (TTM): 10.6
According to National Fuel Gas 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.6127. At the end of 2022 the company had a P/E ratio of 9.61.
P/E ratio history for National Fuel Gas from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 9.61 | -31.2% |
| 2021 | 14.0 | -151.25% |
| 2020 | -27.2 | -295.48% |
| 2019 | 13.9 | -6.62% |
| 2018 | 14.9 | 25% |
| 2017 | 11.9 | -103.37% |
| 2016 | -354 | 6292.7% |
| 2015 | -5.54 | -128.67% |
| 2014 | 19.3 | -11.28% |
| 2013 | 21.8 | 17.24% |
| 2012 | 18.6 | 5.23% |
| 2011 | 17.6 | -27.67% |
| 2010 | 24.4 | 26.36% |
| 2009 | 19.3 | 16.46% |
| 2008 | 16.6 | 50.57% |
| 2007 | 11.0 | -54.01% |
| 2006 | 23.9 | 80.36% |
| 2005 | 13.3 | -4.46% |
| 2004 | 13.9 | 33.01% |
| 2003 | 10.4 | -23.42% |
| 2002 | 13.6 | -68.53% |
| 2001 | 43.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Atmos Energy ATO | 19.9 | 87.70% | 🇺🇸 USA |
 Chevron CVX | 11.7 | 10.44% | 🇺🇸 USA |
 Oneok OKE | 14.8 | 39.82% | 🇺🇸 USA |
 New Jersey Resources NJR | 14.4 | 36.00% | 🇺🇸 USA |
 UGI Corporation
UGI | -3.43 | -132.31% | 🇺🇸 USA |
 Southwest Gas
SWX | -22.4 | -311.16% | 🇺🇸 USA |
 South Jersey Industries
SJI | 88.0 | 729.43% | 🇺🇸 USA |
 NW Natural
NWN | 12.5 | 17.33% | 🇺🇸 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.