NewJersey Resources Corporation

NJR Utilities Utilities Regulated Gas

NewJersey Resources Corporation’s revenue for fiscal 2025 (year ended September 2025) was $2.0 billion, up 13.4% from fiscal 2024.

Revenue
+16.8%
EPS
+166.7%
Free cash flow
−3.14%
Total debt
+9.45%

Quarter to June 2026, against a year earlier

53.82 0.87 −1.59%
Market cap
$5.6B
P/E
15.0×
Fwd P/E
15.0×
Dividend yield
3.52%
F-score
6/9
Altman Z
1.28
Beneish M
−2.46
Dividend safety
36/100

NewJersey Resources Corporation (NJR) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, NewJersey Resources Corporation (NJR) trades at a P/B ratio of 2.1×. Over the past ten years it has ranged from 1.2× (March 2020) to 3.1× (November 2017); the current reading is higher than 28% of that period. That is above the Utilities Regulated Gas industry median of 1.6× and above the Utilities sector median of 1.7×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 2.0× (4.61%)
FY2024 2.1× 10.34%
FY2023 1.9× (6.31%)
FY2022 2.0× (0.36%)
FY2021 2.1× 31.81%
FY2020 1.6× (40.09%)
FY2019 2.6× (7.34%)
FY2018 2.8× (5.61%)
FY2017 3.0× 22.92%
FY2016 2.4× 4.68%

Quarterly newest first

Period P/B ratio Change
Jun 2026 2.1× 2.48%
Mar 2026 2.1× 11.32%
Dec 2025 1.9× (6.92%)
Sep 2025 2.0× 8.73%
42 more quarters

Against its own ten years

Low 1.2× High 3.1×
Ten-year median 2.3×
Current reading's percentile 30

P/B ratio against peers

Company P/B ratio
MDU MDU Resources Group, Inc. compare 1.3×
NWN Northwest Natural Gas Company compare 1.4×
OGS ONE Gas, Inc. compare 1.5×
SR Spire Inc. compare 1.5×
UGI UGI Corporation compare 1.5×
BKH Bright Horizon Energy Corporation compare 1.6×
SWX Southwest Gas Corporation compare 1.6×
CPK Chesapeake Utilities Corporation compare 2.0×
NJR NewJersey Resources Corporation 2.1×
Utilities Regulated Gas industry median 1.6×
Utilities sector median 1.7×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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