New Jersey Resources (NJR) fundamentals: P/E, valuation, undervalued?

New Jersey Resources · Utilities · ref. ETF XLU · price $53.78
Logo New Jersey ResourcesSee the full New Jersey Resources (NJR) profile
In short — New Jersey Resources trades at 15.1× earnings (P/E), 15.5× forward, with a net margin of 16.4 % and revenue growth of +17 %. Read: Cheap for the growth (P/E 16 for ~17% growth (PEG 0.9)).

Is New Jersey Resources stock cheap or undervalued? A good time to buy? Here are its fundamentals — P/E, PEG, margin and income statement — to judge its valuation.

📈 1-year price
$53.78+14.2% over range
Aug 28, 25low $44.13 · high $60.05Aug 27, 26
📏 Click 2 points (left → right) to measure the change · click again to clear.
SellBuy
Buy
50% recommend buying · 2 analysts
Valuation : Cheap for the growth — P/E 16 for ~17% growth (PEG 0.9)

Valuation

15.1
P/E (price/earnings)
15.5
Forward P/E
PEG
2.0
Price/book (P/B)
$5.5B
Market cap
3.57
EPS

Profitability & growth

16.4 %
Net margin
+17 %
Revenue growth
Earnings growth
$3.9B
Total debt

New Jersey Resources income statement

Fiscal yearRevenueNet incomeMargin
2022$2.9B$275M9.5 %
2023$2.0B$265M13.5 %
2024$1.8B$290M16.1 %
2025$2.0B$336M16.5 %
⚠️ Indicative financial data (Yahoo Finance), not investment advice. Amounts in $.

Frequently asked questions

What is New Jersey Resources's P/E and is the stock undervalued? What's a good P/E?

New Jersey Resources's P/E is 15.1 (forward 15.5). Below ~15 = fairly cheap, above ~30 = expensive. Our valuation verdict: "Cheap for the growth".

Is New Jersey Resources profitable?

New Jersey Resources has a net margin of 16.4 % (EPS 3.57). The company is profitable.

Is NJR stock expensive?

Our read: "Cheap for the growth" — P/E 16 for ~17% growth (PEG 0.9). Cross-check with growth and sector.

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