P/E ratio for National Fuel Gas (NFG)

P/E ratio history for National Fuel Gas 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
Atmos Energy ATO	23.7	102.23%	🇺🇸 USA
South Jersey Industries SJI	88.0	649.55%	🇺🇸 USA
New Jersey Resources NJR	15.9	35.23%	🇺🇸 USA
Oneok OKE	18.5	57.17%	🇺🇸 USA
NW Natural NWN	13.9	18.49%	🇺🇸 USA
UGI Corporation UGI	-4.25	-136.22%	🇺🇸 USA
Chevron CVX	10.6	-9.89%	🇺🇸 USA
Southwest Gas SWX	-21.3	-281.77%	🇺🇸 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.