To the full analysis
National Fuel Gas stock: valuation and P/E
NFGNational Fuel Gas trades at a P/E of 11 (Oil & Gas Integrated median 11.6, own median of recent years 13.2).
Daily figure as of 13 Nov 2026
P/E
11
P/S
2.9
P/B
1.83
PEG
15.78
Against its own valuation history
Each fiscal year is shown with its P/E on the year-end date, using the price at the time.
P/E
11
Median of prior years
13.2
Reading
cheaper than usual
P/E at each fiscal year end
Figures as a table
| Year | P/E |
|---|---|
| 2017 | 17.1 |
| 2018 | 12.3 |
| 2019 | 13.3 |
| 2021 | 13.2 |
| 2022 | 9.9 |
| 2023 | 10 |
| 2024 | 72.2 |
| 2025 | 16.1 |
| 2026 | 10.7 |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2026, period end 30 Sep 2026
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 21 Nov 2025)
- Valuation signal Undervalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.