NL Industries, Inc. (NL) P/E Ratio History
Historical price-to-earnings valuation from 1990 to 2025
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NL Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 10, 2026, NL Industries, Inc. (NL) trades at a price-to-earnings ratio of -7.8x, with a stock price of $5.97 and trailing twelve-month earnings per share of $-0.70.
The current P/E is 162% below its 5-year average of 12.4x. Over the past five years, NL's P/E has ranged from a low of 5.6x to a high of 31.2x, placing the current valuation at the 0th percentile of its historical range.
Compared to the Industrials sector median P/E of 25.5x, NL trades at a 130% discount to its sector peers. The sector includes 412 companies with P/E ratios ranging from 0.0x to 184.7x.
Relative to the broader market, NL trades at a notable discount to the S&P 500 median P/E of 24.9x. 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 NL 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.
NL P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $3B | 26.6 | 0.88Best | +136%Best | |
| $281M | 10.7Lowest | - | -11% | |
| $3B | 56.3 | 8.06 | -24% | |
| $4B | 22.6 | 6.75 | -15% | |
| $12B | 18.1 | 1.06 | +9% | |
| $19B | 26.4 | 1.33 | -10% |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
NL Historical P/E Data (1990–2025)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2025 Q3 | $6.15 | $0.20 | 31.2x | +18% | |
| FY2025 Q2 | Mon Jun 30 2025 00:00:00 GM | $6.40 | $1.10 | 5.8x | -78% |
| FY2025 Q1 | Mon Mar 31 2025 00:00:00 GM | $7.90 | $1.25 | 6.3x | -76% |
| FY2024 Q4 | $7.77 | $1.38 | 5.6x | -79% | |
| FY2024 Q3 | Mon Sep 30 2024 00:00:00 GM | $7.43 | $1.20 | 6.2x | -77% |
| FY2024 Q2 | Sun Jun 30 2024 00:00:00 GM | $6.03 | $0.46 | 13.1x | -50% |
| FY2024 Q1 | Sun Mar 31 2024 00:00:00 GM | $7.33 | $0.23 | 31.2x | +18% |
| FY2023 Q1 | Fri Mar 31 2023 00:00:00 GM | $6.06 | $0.22 | 27.5x | +4% |
| FY2022 Q4 | Sat Dec 31 2022 00:00:00 GM | $6.81 | $0.72 | 9.5x | -64% |
| FY2022 Q3 | Fri Sep 30 2022 00:00:00 GM | $7.73 | $1.14 | 6.8x | -74% |
| FY2022 Q2 | $9.87 | $1.52 | 6.5x | -76% | |
| FY2022 Q1 | $7.19 | $1.16 | 6.2x | -77% |
Average P/E for displayed period: 26.5x
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Start ComparisonNL — Frequently Asked Questions
Quick answers to the most common questions about buying NL stock.
Is NL stock overvalued or undervalued?
NL trades at -7.8x P/E, below its 5-year average of 12.4x. At the N/A percentile of historical range, the stock is priced at a discount to its own history.
How does NL's valuation compare to peers?
NL Industries, Inc. P/E of -7.8x compares to sector median of 25.5x. The discount suggests lower growth expectations or higher risk.
What is NL's PEG ratio?
NL PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 1990-2025.