MDU Resources
MDU
#3089
Rank
โ‚น342.95 B
Marketcap
โ‚น1,682
Share price
3.42%
Change (1 day)
91.73%
Change (1 year)

P/E ratio for MDU Resources (MDU)

P/E ratio as of November 2024 (TTM): 11.3

According to MDU Resources 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.2655. 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
23.8 111.31%๐Ÿ‡บ๐Ÿ‡ธ USA
17.6 56.46%๐Ÿ‡บ๐Ÿ‡ธ USA
18.9 67.36%๐Ÿ‡บ๐Ÿ‡ธ USA
16.7 47.89%๐Ÿ‡บ๐Ÿ‡ธ USA
15.5 37.35%๐Ÿ‡บ๐Ÿ‡ธ USA
22.6 100.43%๐Ÿ‡บ๐Ÿ‡ธ USA
45.8 306.83%๐Ÿ‡บ๐Ÿ‡ธ USA
25.1 123.17%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.