P/B Ratio for New Jersey Resources (NJR)

New Jersey Resources (NJR) P/B ratio is 2.1× as of June 5, 2026. The 5-year average is 2.1×. The sector median currently stands at 2.1×. The current ratio is at the 43th percentile of its own 10-year history.

New Jersey Resources (NJR) historical P/B ratio has ranged from a low of 1.6× (2020) to a high of 2.9× (2023) in the available daily series.

The price-to-book (P/B) ratio compares a company's market capitalisation to its book value of equity (total shareholders' equity) on the most recent quarterly balance sheet. It is calculated as market cap ÷ book value of equity (equivalent to share price ÷ book value per share). A P/B below 1× implies the market values the business below its accounting net worth; values well above 1× reflect intangible assets, brand value, or a high return on equity.