MDU Resources Group, Inc. (MDU) P/E Ratio History
Historical price-to-earnings valuation from 1994 to 2025
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MDU Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 6, 2026, MDU Resources Group, Inc. (MDU) trades at a price-to-earnings ratio of 16.3x, with a stock price of $22.31 and trailing twelve-month earnings per share of $0.82.
The current P/E is 102% above its 5-year average of 8.1x. Over the past five years, MDU's P/E has ranged from a low of 5.1x to a high of 21.8x, placing the current valuation at the 95th percentile of its historical range.
Compared to the Industrials sector median P/E of 25.9x, MDU trades at a 37% discount to its sector peers. The sector includes 414 companies with P/E ratios ranging from 0.0x to 185.4x.
Relative to the broader market, MDU trades at a notable discount to the S&P 500 median P/E of 25.2x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our MDU DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
MDU P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $23B | 24.3 | - | +20% | |
| $10B | 20.6 | - | +6% | |
| $3B | 17.1 | 3.70 | +4% | |
| $4B | 13.6Lowest | 0.59Best | -9% | |
| $4B | 24.2 | - | -19% | |
| $6B | 18.6 | 10.62 | +2% | |
| $38B | 36.4 | 2.78 | +19% | |
| $37B | 32.7 | 3.19 | -42% | |
| $3B | 22.9 | 0.63 | +23%Best | |
| $77B | 20.9 | 0.67 | +10% |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
MDU Historical P/E Data (1994–2025)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2025 Q3 | $17.81 | $0.82 | 21.8x | +128% | |
| FY2025 Q2 | Mon Jun 30 2025 00:00:00 GM | $16.67 | $1.05 | 15.9x | +67% |
| FY2025 Q1 | Mon Mar 31 2025 00:00:00 GM | $16.91 | $1.28 | 13.2x | +38% |
| FY2024 Q4 | $18.02 | $1.37 | 13.2x | +38% | |
| FY2024 Q3 | Mon Sep 30 2024 00:00:00 GM | $15.18 | $1.95 | 7.8x | -19% |
| FY2024 Q2 | Sun Jun 30 2024 00:00:00 GM | $13.90 | $2.00 | 7.0x | -27% |
| FY2024 Q1 | Sun Mar 31 2024 00:00:00 GM | $13.95 | $2.34 | 6.0x | -38% |
| FY2023 Q4 | Sun Dec 31 2023 00:00:00 GM | $10.96 | $2.04 | 5.4x | -44% |
| FY2023 Q3 | Sat Sep 30 2023 00:00:00 GM | $10.84 | $1.77 | 6.1x | -36% |
| FY2023 Q2 | Fri Jun 30 2023 00:00:00 GM | $11.60 | $2.13 | 5.4x | -43% |
| FY2023 Q1 | Fri Mar 31 2023 00:00:00 GM | $11.58 | $1.84 | 6.3x | -34% |
| FY2022 Q4 | Sat Dec 31 2022 00:00:00 GM | $11.52 | $1.81 | 6.4x | -33% |
Average P/E for displayed period: 9.6x
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Start ComparisonMDU — Frequently Asked Questions
Quick answers to the most common questions about buying MDU stock.
Is MDU stock overvalued or undervalued?
MDU trades at 16.3x P/E, above its 5-year average of 8.1x. The 95th percentile ranking indicates a premium to historical valuation.
How does MDU's valuation compare to peers?
MDU Resources Group, Inc. P/E of 16.3x compares to sector median of 25.9x. The discount suggests lower growth expectations or higher risk.
What is MDU's PEG ratio?
MDU PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 1994-2025.