New Jersey Resources Corporation Ratios | P/E, ROE & Valuation

On the Key Ratios page for New Jersey Resources Corporation (NJR), the latest P/E of 14.8 frames valuation, while ROE 14.42% and ROIC 5.61% indicates profitability and capital efficiency. Together with the current ratio of 0.66 and debt-to-equity 1.47, these signals help you judge whether valuation is supported by fundamentals across the historical rows.

Financial Performance Ratios

NJR Historical Per Share Metrics

10 years
Metric (FY)TTM202520242023202220212020201920182017
Revenue per Share$22.12$20.31$18.21$20.23$30.24$22.41$20.61$29.05$33.24$26.28
Net Income per Share$3.62$3.35$2.94$2.73$2.86$1.23$1.72$1.90$2.66$1.53
Operating Cash Flow per Share$12.37$0.00$4.33$4.94$3.37$4.06$2.25$2.12$4.54$2.87
Free Cash Flow per Share$0.75$0.00$-1.46$-0.64$-2.86$-2.43$-2.71$-3.46$0.23$-0.90
Cash per Share$0.34$0.00$0.01$0.01$0.01$0.05$1.23$0.03$0.02$0.03
Book Value per Share$26.16$0.00$22.31$20.52$18.91$16.95$17.34$17.39$16.18$14.33
Tangible Book Value per Share$26.05$0.00$22.20$20.43$18.82$16.84$17.19$17.22$15.92$13.85
Interest Debt per Share$39.73$0.00$37.05$35.17$33.44$29.48$27.23$18.28$17.13$17.07
CAPEX per Share$11.62$0.00$5.79$5.57$6.23$6.49$4.96$5.58$4.31$3.77

NJR Historical Valuation Ratios

10 years
Metric (FY)TTM202520242023202220212020201920182017
Price to Earnings (P/E)14.7514.3816.0714.8913.5328.4115.7123.8117.0627.55
Price to Book (P/B)2.0502.121.982.052.051.562.62.812.94
Price to Sales (P/S)2.422.372.592.011.281.551.311.561.371.6
Enterprise Value to EBITDA11.7012.2712.1712.1214.0813.3921.0817.0619.12
EV to Sales4.1404.553.682.362.832.542.171.872.23
EV to Operating Cash Flow7.4019.1415.0921.1615.6123.2329.6613.6520.42
EV to Free Cash Flow121.690-56.83-116.76-24.9-26.12-19.32-18.2267.3-65.26
Enterprise Value$9.26B$0.00$8.18B$7.23B$6.85B$6.10B$4.96B$5.62B$5.44B$5.06B

NJR Historical Profitability Ratios

10 years
Metric (FY)TTM202520242023202220212020201920182017
Return on Equity (ROE)14.42%0.00%13.17%13.30%15.13%7.23%9.92%10.92%16.45%10.68%
Return on Invested Capital (ROIC)5.61%0.00%5.38%5.62%5.62%4.39%3.78%5.11%7.07%4.07%
Return on Tangible Assets4.57%0.00%4.16%4.05%4.40%2.06%3.07%3.89%5.67%3.40%
Earnings Yield6.75%6.95%6.22%6.72%7.39%3.52%6.36%4.20%5.86%3.63%
Free Cash Flow Yield1.41%0.00%-3.09%-1.57%-7.39%-6.98%-10.02%-7.65%0.51%-2.13%
Dividend Yield3.54%3.79%3.55%3.83%3.43%3.49%4.60%2.58%2.41%2.42%

NJR Historical Liquidity & Financial Strength

10 years
Metric (FY)TTM202520242023202220212020201920182017
Current Ratio0.6600.620.660.680.61.171.151.030.72
Interest Coverage4.043.53.523.314.743.673.393.274.243.72
Income Quality1.7701.471.811.183.321.311.121.711.88
Debt to Equity1.4701.61.651.721.691.531.021.031.16
Debt to Assets48.35%0.00%50.48%50.31%49.95%48.20%47.28%36.22%35.14%36.36%
Net Debt to EBITDA4.8605.295.535.536.356.475.944.565.38

NJR Historical Efficiency Ratios

10 years
Metric (FY)TTM202520242023202220212020201920182017
Receivables Turnover11.07015.3418.5913.4110.8612.1815.9812.6710.16
Payables Turnover6.7804.856.635.894.376.648.597.317.48
Inventory Turnover8.0104.635.977.868.068.4212.4912.89.02
Days Sales Outstanding32.97023.7919.6427.2233.629.9822.8428.835.92
Days Payables Outstanding53.87075.2355.0361.9983.4854.9442.4749.9248.82
Days of Inventory on Hand45.6078.8461.1346.4345.2743.3329.2328.5140.47

NJR Historical Market Metrics

10 years
Metric (FY)TTM202520242023202220212020201920182017
Enterprise Value to EBITDA11.7012.2712.1712.1214.0813.3921.0817.0619.12
Market Cap$5.41B$4.83B$4.66B$3.94B$3.72B$3.35B$2.56B$4.04B$3.98B$3.64B
Enterprise Value$9.26B$0.00$8.18B$7.23B$6.85B$6.10B$4.96B$5.62B$5.44B$5.06B
Dividend Yield3.54%3.79%3.55%3.83%3.43%3.49%4.60%2.58%2.41%2.42%
Payout Ratio77.62%54.51%56.96%57.03%46.45%99.21%72.27%61.39%41.05%66.62%

Frequently Asked Questions

How does New Jersey Resources Corporation’s P/E ratio compare with its history?

On this page, NJR's current P/E is 14.8, compared with a multi-year average around 18.6. A lower P/E versus its own history is a calculated gap versus that average—not a conclusion that the stock is cheap. Pair it with profitability and earnings quality in the table (for example ROE/ROIC) to see whether the multiple moved with earnings.

What is New Jersey Resources Corporation market cap?

Market cap is the market value of a company's equity and is commonly calculated as share price multiplied by shares outstanding. The latest market cap shown in the table is $5.41B. Pair market cap with valuation multiples (P/E, P/B, P/S) so you can evaluate whether size also corresponds with "quality" and profitability. For a wider view across stocks, you can also use the stock screener.

How does New Jersey Resources Corporation’s P/E compare with its industry?

There is no P/E Tickerplace rates as good. Compare the P/E on this page with New Jersey Resources Corporation's own historical range (in the table) and with peers via the Screener and Compare tools. A higher or lower multiple versus peers is a calculated gap, not a recommendation.

How does New Jersey Resources Corporation compare to its competitors in key financial ratios?

The fastest way to compare New Jersey Resources Corporation with competitors is to use the built-in "Peers Comparison" section on this page and the Compare tool. Focus on a small set of ratios that work together: P/E for valuation, ROE/ROIC for profitability and capital efficiency, current ratio and interest coverage for liquidity and solvency, and debt-to-equity for leverage risk. When you see New Jersey Resources Corporation outperform peers on profitability while keeping valuation and leverage reasonable, it often signals stronger fundamentals.

What do New Jersey Resources Corporation's liquidity and leverage ratios show?

Liquidity and leverage figures on this page are published ratios, not a verdict that New Jersey Resources Corporation is financially strong. Current ratio is about 0.66, which is below 1.0 and can suggest tighter short-term liquidity. Interest coverage is about 4.04, implying a stronger ability to cover interest expenses. Debt-to-equity is about 1.47, suggesting leverage is more moderate relative to a high-debt profile. Pair them with ROE/ROIC and cash-flow rows in the table. Tickerplace does not rate the company as a good or poor investment.

What do New Jersey Resources Corporation's financial ratios say about its future growth?

Ratios are a way to see what the business is likely to sustain. Look for upward trends in profitability metrics (ROE and ROIC), improving earnings/cash-flow backed measures, and stable or strengthening liquidity. If New Jersey Resources Corporation is sustaining strong returns (for example ROE at 14.42% and ROIC at 5.61%) while debt levels and interest coverage remain manageable, growth expectations may be more credible. If valuation multiples expand while returns weaken, the market may be pricing optimistic growth ahead of results.