New Fortress Energy Inc. (NFE) P/E Ratio History
Historical price-to-earnings valuation from 2021 to 2024
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NFE Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 7, 2026, New Fortress Energy Inc. (NFE) trades at a price-to-earnings ratio of -0.1x, with a stock price of $0.74 and trailing twelve-month earnings per share of $-6.48.
The current P/E is 100% below its 5-year average of 28.7x. Over the past five years, NFE's P/E has ranged from a low of 10.0x to a high of 57.7x, placing the current valuation at the 0th percentile of its historical range.
Compared to the Utilities sector median P/E of 19.7x, NFE trades at a 101% discount to its sector peers. The sector includes 108 companies with P/E ratios ranging from 0.0x to 174.1x.
Relative to the broader market, NFE 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 NFE 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.
NFE P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $6B | 84.1 | - | +35% | |
| $2B | 23.1 | 0.41Best | -37% | |
| $511M | 5.3Lowest | - | -44% | |
| $55B | 10.8 | - | +70%Best | |
| $31B | 15.1 | 1.11 | -39% | |
| $34B | 26.9 | - | -47% | |
| $83B | 23.5 | - | -24% | |
| $320B | 37.5 | 3.17 | +36% |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
NFE Historical P/E Data (2021–2024)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2024 Q3 | Mon Sep 30 2024 00:00:00 GM | $9.09 | $0.91 | 10.0x | -65% |
| FY2024 Q2 | Sun Jun 30 2024 00:00:00 GM | $21.98 | $1.18 | 18.6x | -35% |
| FY2024 Q1 | Sun Mar 31 2024 00:00:00 GM | $30.59 | $2.20 | 13.9x | -52% |
| FY2023 Q4 | Sun Dec 31 2023 00:00:00 GM | $37.73 | $2.66 | 14.2x | -51% |
| FY2023 Q3 | Sat Sep 30 2023 00:00:00 GM | $32.78 | $1.91 | 17.2x | -40% |
| FY2023 Q2 | Fri Jun 30 2023 00:00:00 GM | $26.78 | $1.90 | 14.1x | -51% |
| FY2023 Q1 | Fri Mar 31 2023 00:00:00 GM | $29.43 | $0.51 | 57.7x | +101% |
| FY2022 Q4 | Sat Dec 31 2022 00:00:00 GM | $42.42 | $0.92 | 46.1x | +61% |
| FY2022 Q3 | Fri Sep 30 2022 00:00:00 GM | $43.71 | $1.33 | 32.9x | +15% |
| FY2022 Q2 | $39.57 | $0.99 | 39.9x | +39% | |
| FY2022 Q1 | $42.61 | $1.77 | 24.0x | -16% | |
| FY2021 Q4 | Fri Dec 31 2021 00:00:00 GM | $24.14 | $0.43 | 55.8x | +94% |
Average P/E for displayed period: 28.7x
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Start ComparisonNFE — Frequently Asked Questions
Quick answers to the most common questions about buying NFE stock.
Is NFE stock overvalued or undervalued?
NFE trades at -0.1x P/E, below its 5-year average of 28.7x. At the N/A percentile of historical range, the stock is priced at a discount to its own history.
How does NFE's valuation compare to peers?
New Fortress Energy Inc. P/E of -0.1x compares to sector median of 19.7x. The discount suggests lower growth expectations or higher risk.
What is NFE's PEG ratio?
NFE PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 2021-2024.