New Jersey Resources Corporation
NJR

$4.84 B
Marketcap
$48.79
Share price
Country
$1.06
Change (1 day)
$49.98
Year High
$39.44
Year Low
Categories

New Jersey Resources Corporation, an energy services holding company, provides regulated gas distribution, and retail and wholesale energy services. The company operates through four segments: Natural Gas Distribution, Clean Energy Ventures, Energy Services, and Storage and Transportation. The Natural Gas Distribution segment offers regulated natural gas utility services to approximately 564,000 residential and commercial customers throughout Burlington, Middlesex, Monmouth, Morris, Ocean, and Sussex counties in New Jersey; provides capacity and storage management services; and participates in the off-system sales and capacity release markets. The Clean Energy Ventures segment invests in, owns, and operates commercial and residential solar projects situated in New Jersey, Connecticut, Rhode Island, and New York. The Energy Services segment offers unregulated wholesale energy management services to other energy companies and natural gas producers, as well as maintains and transacts a portfolio of physical assets consisting of natural gas storage and transportation contracts in the United States and Canada. The Storage and Transportation segment invests in natural gas transportation and storage facilities. It provides heating, ventilation, and cooling services; holds commercial real estate properties; and offers solar equipment installation, and plumbing repair and installation services, as well as engages in the water appliance sale, installation, and servicing activities. The company was incorporated in 1981 and is headquartered in Wall, New Jersey.

marketcap

P/E ratio for New Jersey Resources Corporation (NJR)

P/E ratio as of 2023: 14.89

According to New Jersey Resources Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.89. At the end of 2022 the company had a P/E ratio of 13.53.

P/E ratio history for New Jersey Resources Corporation from 1985 to 2023

PE ratio at the end of each year

Year P/E ratio
2023 14.89
2022 13.53
2021 16.66
2020 15.71
2019 23.81
2018 17.06
2017 27.55
2016 21.43
2015 14.14
2014 14.98
2013 15.99
2012 20.33
2011 17.38
2010 13.81
2009 56.15
2008 13.20
2007 21.52
2006 17.49
2005 16.54
2004 17.47
2003 11.81
2002 15.55
2001 14.78
2000 14.74
1999 15.90
1998 14.65
1997 14.02
1996 13.01
1995 17.22
1994 10.43
1993 16.57
1992 12.31
1991 21.86
1990 17.34
1989 12.65
1988 11.05
1987 15.82
1986 18.28
1985 8.67