MDU Resources
MDU
#3275
Rank
ยฃ2.82 B
Marketcap
ยฃ13.88
Share price
2.40%
Change (1 day)
-7.52%
Change (1 year)

P/E ratio for MDU Resources (MDU)

P/E ratio as of November 2024 (TTM): 10.1

According to MDU Resources 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.1299. At the end of 2022 the company had a P/E ratio of 11.5.

P/E ratio history for MDU Resources from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202211.51.1%
202111.422.75%
20209.27-23.62%
201912.13.11%
201811.8-8.12%
201712.8-78.59%
201659.8-1622.83%
2015-3.93-137.52%
201410.5-26.07%
201314.2-100%
2012< -1000-2.0147585615585E+18%
201113.019.92%
201010.9-144.96%
2009-24.2-362.79%
20089.2015.06%
20078.00-20.03%
200610.003.01%
20059.71-6.71%
200410.4-0.63%
200310.523.24%
20028.50-2.31%
20018.70

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
23.0 127.47%๐Ÿ‡บ๐Ÿ‡ธ USA
16.8 65.95%๐Ÿ‡บ๐Ÿ‡ธ USA
18.0 77.82%๐Ÿ‡บ๐Ÿ‡ธ USA
15.7 55.44%๐Ÿ‡บ๐Ÿ‡ธ USA
14.4 42.63%๐Ÿ‡บ๐Ÿ‡ธ USA
21.3 110.46%๐Ÿ‡บ๐Ÿ‡ธ USA
47.1 364.67%๐Ÿ‡บ๐Ÿ‡ธ USA
23.9 136.22%๐Ÿ‡บ๐Ÿ‡ธ 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.