P/E ratio for National Fuel Gas (NFG)
P/E ratio as of June 2023 (TTM): 8.42
According to National Fuel Gas 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.4213. At the end of 2021 the company had a P/E ratio of 14.0.
P/E ratio history for National Fuel Gas from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 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 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Atmos Energy ATO | 20.2 | 139.33% | 🇺🇸 USA |
 Chevron CVX | 8.56 | 1.61% | 🇺🇸 USA |
 Oneok OKE | 11.9 | 41.35% | 🇺🇸 USA |
 New Jersey Resources NJR | 16.5 | 95.87% | 🇺🇸 USA |
 UGI Corporation
UGI | -10.2 | -221.46% | 🇺🇸 USA |
 Southwest Gas
SWX | -21.7 | -357.45% | 🇺🇸 USA |
 South Jersey Industries
SJI | 88.0 | 945.26% | 🇺🇸 USA |
 NW Natural
NWN | 15.4 | 83.12% | 🇺🇸 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.