Start with its own history
At 14.64×, NC is 71.0% above its 9-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
NYSE · NCCoalUpdated Nov 4, 2026
NACCO Industries, Inc. P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
14.64×
71.0% abovethe 9-observation annual average
Share price33.67
÷Earnings per share2.3
Price and EPS in quote currency. Calculation details
Investors are paying 14.64 for every 1 of reported earnings per share.
P/E over time
2016 – 2025
Annual P/ESelected-period average 8.56×
3-year average13.60×2 positive annual observations
5-year average9.09×4 positive annual observations
10-year average8.56×9 positive annual observations
Peer median · TTM19.91×4 peers with positive P/E
Historical P/E ratios
Annual period-end data · 25 observations
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2025 | 20.69× | +217.8% |
| Dec 31, 2024 | 6.51× | N/M |
| Dec 31, 2023 | N/M | N/M |
| Dec 31, 2022 | 3.75× | -30.5% |
| Dec 31, 2021 | 5.39× | -56.7% |
| Dec 31, 2020 | 12.46× | +51.2% |
| Dec 31, 2019 | 8.24× | +22.1% |
| Dec 31, 2018 | 6.75× | -20.4% |
View all 25 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2017 | 8.48× | +77.9% |
| Dec 31, 2016 | 4.77× | +55.3% |
| Dec 31, 2015 | 3.07× | N/M |
| Dec 31, 2014 | N/M | N/M |
| Dec 31, 2013 | 2.59× | +142.7% |
| Dec 31, 2012 | 1.07× | +212.7% |
| Dec 31, 2011 | 0.34× | -59.4% |
| Dec 31, 2010 | 0.84× | -14.5% |
| Dec 31, 2009 | 0.98× | N/M |
| Dec 31, 2008 | N/M | N/M |
| Dec 31, 2007 | 0.68× | -12.9% |
| Dec 31, 2006 | 0.78× | -31.3% |
| Dec 31, 2005 | 1.14× | -14.7% |
| Dec 31, 2004 | 1.34× | +30.1% |
| Dec 31, 2003 | 1.03× | +64.3% |
| Dec 31, 2002 | 0.63× | N/M |
| Dec 31, 2001 | N/M | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How NC compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 NC This stockNACCO Industries, Inc. | 14.64× |
 ARECAmerican Resources Corporation | 1.41× |
 RNGRRanger Energy Services, Inc. | 22.06× |
 WTIW&T Offshore, Inc. | N/M |
 JKSJinko Holdings Limited Sponsored ADR | N/M |
 GFRGreenfire Resources Ltd. | N/M |
 NGSNatural Gas Services Group, Inc. | 17.76× |
 FETForum Energy Technologies, Inc. | 27.70× |
 GEOSGeospace Technologies Corporation | N/M |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does NC’s P/E tell you?
Compare like with like
The median of the 4 positive peer ratios above is 19.91×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
Check what drives earnings
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Take NC into your spreadsheet
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore WisesheetsQuarterly P/E · latest quarterLQ selects the latest reported quarter. Requires the Wisesheets add-in. See available data
=WISE("NC", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 33.67 ÷ EPS 2.3 = 14.64×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 4, 2026; this is not a real-time trading quote.
History & averages
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
Data definitions and limitations
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
NC P/E ratio: common questions
The essentials behind the numbers.
NACCO Industries, Inc.'s current P/E is 14.64× based on the quote data last updated Nov 4, 2026. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.