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	21.9	114.17%	🇺🇸 USA
Avista AVA	16.3	59.24%	🇺🇸 USA
NorthWestern Corporation NWE	17.6	71.89%	🇺🇸 USA
Black Hills BKH	15.1	47.50%	🇺🇸 USA
NW Natural NWN	14.1	37.57%	🇺🇸 USA
Xcel Energy XEL	21.4	109.37%	🇺🇸 USA
Vulcan Materials VMC	42.5	315.63%	🇺🇸 USA
CenterPoint Energy CNP	25.7	151.39%	🇺🇸 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.