New Jersey Resources Corporation
NJR
Rank in Stocks
#3315
New Jersey Resources Corporation functions as a diversified energy holding... New Jersey Resources Corporation functions as a diversified energy holding company, offering regulated natural gas distribution along with both retail and wholesale energy solutions. The company's business activities are categorized into four primary divisions: Natural Gas Distribution, Clean Energy Ventures, Energy Services, and Storage and Transportation. The Natural Gas Distribution segment delivers regulated natural gas utility services to approximately 564,000 residential and business clients situated in Burlington, Middlesex, Monmouth, Morris, Ocean, and Sussex counties within New Jersey. This division is also involved in managing capacity and storage, and participates in off-system sales and capacity release markets. Through its Clean Energy Ventures segment, the firm invests in, owns, and operates solar energy projects for commercial and residential applications located in New Jersey, Connecticut, Rhode Island, and New York. The Energy Services segment provides unregulated wholesale energy management support to other energy enterprises and natural gas producers, concurrently overseeing and trading a collection of physical assets such as natural gas storage and transportation agreements across the United States and Canada. The Storage and Transportation segment concentrates its efforts on investing in facilities for natural gas transportation and storage. Additionally, the company extends its offerings to include heating, ventilation, and cooling (HVAC) services, manages commercial real estate, performs solar equipment installation, conducts plumbing repair and installation, and engages in the sale, installation, and servicing of water appliances. Incorporated in 1981, New Jersey Resources Corporation maintains its corporate headquarters in Wall, New Jersey.
Share Price
$52.03
Market Cap
$5.28B
Change (1 day)
1.58%
Change (1 year)
10.63%
Country
US
Trade New Jersey Resources Corporation (NJR)
Category
Utilities
P/E ratio for New Jersey Resources Corporation (NJR)
P/E ratio as of October 2026 TTM: 14.27
According to New Jersey Resources Corporation latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.27. At the end of 2024 the company had a P/E ratio of 16.07.
P/E ratio history for New Jersey Resources Corporation from 2000 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 14.27 | -0.79% |
| 2025 | 14.38 | -10.49% |
| 2024 | 16.07 | 7.88% |
| 2023 | 14.89 | 10.08% |
| 2022 | 13.53 | -52.39% |
| 2021 | 28.41 | 80.82% |
| 2020 | 15.71 | -34.00% |
| 2019 | 23.81 | 39.54% |
| 2018 | 17.06 | -38.07% |
| 2017 | 27.55 | 28.54% |
| 2016 | 21.43 | 51.62% |
| 2015 | 14.14 | -5.64% |
| 2014 | 14.98 | -6.29% |
| 2013 | 15.99 | -21.38% |
| 2012 | 20.33 | 16.97% |
| 2011 | 17.38 | 25.87% |
| 2010 | 13.81 | -75.40% |
| 2009 | 56.15 | 325.47% |
| 2008 | 13.20 | -38.66% |
| 2007 | 21.52 | 23.02% |
| 2006 | 17.49 | 5.73% |
| 2005 | 16.54 | -5.30% |
| 2004 | 17.47 | 47.87% |
| 2003 | 11.81 | -24.03% |
| 2002 | 15.55 | 5.22% |
| 2001 | 14.78 | 0.27% |
| 2000 | 14.74 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| - | - |
US
|
|
| - | - |
ES
|
|
| 19.31 | 35.35% |
US
|
|
| - | - |
IT
|
|
| 21.72 | 52.22% |
US
|
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.