Nutrien Ltd. (NTR) P/E Ratio History
UndervaluedTrading at 13.3x vs 5Y avg 19.4x · 30th percentile · Below historical baseline · Data 2018–2026
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P/E Ratio Analysis
As of June 21, 2026, Nutrien Ltd. (NTR) trades at a price-to-earnings ratio of 13.3x, with a stock price of $62.86 and trailing twelve-month earnings per share of $4.96.
The current P/E is 31% below its 5-year average of 19.4x. Over the past five years, NTR's P/E has ranged from a low of 5.2x to a high of 46.5x, placing the current valuation at the 30th percentile of its historical range.
Compared to the Basic Materials sector median P/E of 23.6x, NTR trades at a 44% discount to its sector peers. The sector includes 123 companies with P/E ratios ranging from 1.0x to 182.8x.
The PEG ratio of 0.32 (P/E divided by 249% EPS growth) suggests the stock may be undervalued relative to its earnings growth. Peter Lynch popularized the rule that a PEG below 1.0 indicates an attractive entry point.
Relative to the broader market, NTR trades at a notable discount to the S&P 500 median P/E of 24.4x. 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 NTR 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.
NTR Cross-Benchmark Valuation
How does the current P/E compare to sector peers and the broader market?
NTR P/E vs Peers
Ag input retail and farm services peers sorted by market cap
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $7B | 13.5 | - | +209% | |
| $16B | 11.5Lowest | 0.26Best | +33% | |
| $7B | 28.6 | 0.50 | -44% | |
| $4B | 26.2 | - | +505%Best | |
| $53B | 49.1 | 4.11 | +23% | |
| $1B | 11.9 | - | +62% | |
| $159B | 31.9 | 1.95 | -28% | |
| $22B | 22.9 | - | -38% |
Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.
NTR Historical P/E Data (2018–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Period End | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q1 | - | $75.46 | $4.91 | 15.4x | -56% |
| FY2025 Q4 | Dec 31 2025 | $61.72 | $4.66 | 13.2x | -62% |
| FY2025 Q3 | - | $58.71 | $3.69 | 15.9x | -54% |
| FY2025 Q2 | Jun 30 2025 | $58.24 | $2.79 | 20.9x | -40% |
| FY2025 Q1 | Mar 31 2025 | $49.67 | $1.07 | 46.5x | +34% |
| FY2024 Q4 | - | $44.75 | $1.37 | 32.8x | -6% |
| FY2024 Q3 | Sep 30 2024 | $48.06 | $1.50 | 32.1x | -8% |
| FY2024 Q2 | Jun 30 2024 | $50.91 | $1.61 | 31.6x | -9% |
| FY2024 Q1 | Mar 31 2024 | $54.31 | $1.73 | 31.4x | -10% |
| FY2023 Q4 | Dec 31 2023 | $56.33 | $2.55 | 22.1x | -36% |
| FY2023 Q3 | Sep 30 2023 | $61.76 | $4.34 | 14.2x | -59% |
| FY2023 Q2 | Jun 30 2023 | $59.05 | $7.13 | 8.3x | -76% |
| FY2023 Q1 | Mar 31 2023 | $73.85 | $12.74 | 5.8x | -83% |
| FY2022 Q4 | Dec 31 2022 | $73.03 | $14.08 | 5.2x | -85% |
| FY2022 Q3 | Sep 30 2022 | $83.38 | $14.04 | 5.9x | -83% |
| FY2022 Q2 | - | $79.69 | $12.35 | 6.5x | -81% |
| FY2022 Q1 | - | $103.99 | $7.78 | 13.4x | -62% |
| FY2021 Q4 | Dec 31 2021 | $75.20 | $5.52 | 13.6x | -61% |
| FY2021 Q3 | - | $64.83 | $3.96 | 16.4x | -53% |
| FY2021 Q2 | Jun 30 2021 | $60.61 | $1.68 | 36.1x | +4% |
| FY2021 Q1 | Mar 31 2021 | $53.89 | $1.08 | 49.9x | +44% |
| FY2020 Q4 | - | $48.16 | $0.80 | 60.3x | +74% |
| FY2020 Q3 | Sep 30 2020 | $39.23 | $0.16 | 237.9x | +585% |
| FY2020 Q2 | - | $32.10 | $1.43 | 22.4x | -36% |
| FY2020 Q1 | - | $33.94 | $1.56 | 21.7x | -38% |
| FY2019 Q4 | - | $47.91 | $1.70 | 28.2x | -19% |
| FY2019 Q3 | Sep 30 2019 | $49.88 | $7.00 | 7.1x | -79% |
| FY2019 Q2 | Jun 30 2019 | $53.46 | $5.06 | 10.6x | -70% |
| FY2019 Q1 | Mar 31 2019 | $52.76 | $5.83 | 9.0x | -74% |
| FY2018 Q4 | Dec 31 2018 | $47.00 | $5.76 | 8.2x | -76% |
| FY2018 Q3 | Sep 30 2018 | $57.70 | $0.31 | 187.1x | +439% |
| FY2018 Q2 | Jun 30 2018 | $54.38 | $2.16 | 25.2x | -27% |
| FY2018 Q1 | Mar 31 2018 | $47.26 | $0.52 | 91.2x | +163% |
Average P/E for displayed period: 34.7x
Full Stock Analysis
Deep dive into NTR consensus models and risk factors.
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
8+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
NTR — Frequently Asked Questions
Quick answers to the most common questions about buying NTR stock.
What is NTR's P/E ratio?
Nutrien Ltd. (NTR) trailing twelve-month P/E ratio is 13.3x, based on TTM diluted EPS of $4.96. The 5-year average P/E is 19.4x and the historical range spans 5.2x to 46.5x.
Is NTR stock overvalued or undervalued?
NTR trades at 13.3x P/E, below its 5-year average of 19.4x. At the 30th percentile of its historical range (5.2x–46.5x), the stock is priced at a discount to its own history.
Is NTR stock expensive?
No, NTR is not expensive on a historical basis. The current P/E of 13.3x is below the 5-year average of 19.4x and sits at the 30th percentile of its valuation range.
What is NTR's historical P/E range?
Over the past 5 years, NTR's P/E ratio has ranged from 5.2x to 46.5x, with a median of 15.9x and an average of 19.4x. The current P/E of 13.3x places the stock at the 30th percentile of this range. Full historical data spans 2018–2026.
How does NTR's P/E compare to the S&P 500?
NTR trades at 13.3x P/E versus the S&P 500 median of 24.4x. The 45% discount to the market suggests lower growth expectations or perceived higher risk.
How does NTR's valuation compare to Basic Materials peers?
Nutrien Ltd. P/E of 13.3x compares to the Basic Materials sector median of 23.6x. The discount suggests lower growth expectations, weaker margins, or higher perceived risk relative to peers. See the peer comparison table on this page for ticker-by-ticker P/E and PEG.
What is NTR's PEG ratio?
NTR PEG ratio is 0.32, based on a P/E of 13.3x and EPS growth of 248.5%. A PEG below 1.0 indicates the valuation is supported by the earnings growth rate — typically considered attractive.
What is NTR's earnings yield?
NTR earnings yield is 7.54%, the inverse of its 13.3x P/E ratio. Earnings yield represents the percentage of each dollar invested that the company earns. It can be compared directly to bond yields to assess relative attractiveness of stocks versus fixed income.