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National Fuel Gas CoNFG -1.14%86 3-Year Book Growth Rate is 14.60% as of Jun. 2026, which is 256% above its 10-year median of 4.10. GuruFocus rates NFG with a GF Score™ of 86/100 and a GF Value™ of $85.53 (Fairly Valued). The stock has 2 warning signs investors should review. Among 915 Oil & Gas companies, National Fuel Gas Co ranks better than 80.22% on this metric.
During the past 12 months, National Fuel Gas Co's average Book Value per Share Growth Rate was 25.40% per year.
During the past 3 years, the average Book Value per Share Growth Rate was 14.60% per year.
During the past 5 years, the average Book Value per Share Growth Rate was 12.20% per year.
During the past 10 years, the average Book Value per Share Growth Rate was 4.90% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.
During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of National Fuel Gas Co was 16.90% per year. The lowest was -11.90% per year. And the median was 4.10% per year.
National Fuel Gas Co (NYSE:NFG) 3-Year Book Growth Rate Explanation
Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.
National Fuel Gas Co 3-Year Book Growth Rate Related Terms
NFG vs DEC, SLNG, SKYQ: 3-Year Book Growth Rate Comparison
For the Oil & Gas Integrated subindustry, National Fuel Gas Co's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
National Fuel Gas Co 3-Year Book Growth Rate vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, National Fuel Gas Co's 3-Year Book Growth Rate distribution charts can be found below:
* The bar in red indicates where National Fuel Gas Co's 3-Year Book Growth Rate falls into.
National Fuel Gas Co 3-Year Book Growth Rate Calculation
This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.
What does a 3-Year Book Growth Rate of 14.60% mean?
National Fuel Gas Co (NFG) has a 3-Year Book Growth Rate of 14.60% as of Jun. 2026. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for National Fuel Gas Co and its competitors. This is 256% above median its historical median of 4.10. According to the industry distribution chart, National Fuel Gas Co ranks #181 out of 915 companies in the Oil & Gas industry, placing it in the top 19.8%.
Is National Fuel Gas Co's 3-Year Book Growth Rate too high?
National Fuel Gas Co's current 3-Year Book Growth Rate of 14.60% is 256% above median its 10-year median of 4.10. The Oil & Gas industry median 3-Year Book Growth Rate is 3.00. National Fuel Gas Co's value of 14.60% is 386.7% above this industry median. Based on the distribution chart, National Fuel Gas Co ranks #181 out of 915 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, National Fuel Gas Co has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does National Fuel Gas Co's 3-Year Book Growth Rate compare to DEC and SLNG?
According to the Oil & Gas industry distribution chart, National Fuel Gas Co ranks #181 out of 915 companies for 3-Year Book Growth Rate. This places National Fuel Gas Co in the top 20% of its industry — outperforming the majority of peers. The industry median 3-Year Book Growth Rate is 3.00. National Fuel Gas Co's value of 14.60% is 386.7% above this benchmark. While the company's 10-year median is 4.10 vs. the industry median of 3.00, National Fuel Gas Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Book Growth Rate for an Oil & Gas company?
The median 3-Year Book Growth Rate among Oil & Gas companies is 3.00, based on 915 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year Book Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year Book Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. National Fuel Gas Co's current 3-Year Book Growth Rate of 14.60% is 386.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year Book Growth Rate mean?
A high 3-Year Book Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for National Fuel Gas Co and its competitors. For the Oil & Gas industry, the median 3-Year Book Growth Rate is 3.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Fuel Gas Co's current 3-Year Book Growth Rate is 14.60%, which is 256% above median its own 10-year median of 4.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Fuel Gas Co stock overvalued right now?
Based on GuruFocus' analysis, National Fuel Gas Co (NFG) is currently considered Fairly Valued. The stock's GF Value™ is $85.53, compared to a current price of $80.00 — trading 6.5% below its estimated fair value. The current 3-Year Book Growth Rate is 14.60%, which is 256% above median its 10-year median of 4.10 and 386.7% above the Oil & Gas industry median of 3.00. National Fuel Gas Co's overall GF Score™ is 86/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Book Growth Rate calculated?
3-Year Book Growth Rate is calculated from a company's financial statements. For National Fuel Gas Co (NFG), the current 3-Year Book Growth Rate is 14.60% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is National Fuel Gas Co (NFG) Overvalued in 2026?
Based on GuruFocus' analysis, National Fuel Gas Co stock appears to be undervalued.
The current stock price of $80.00 is trading 6.5% below its estimated GF Value™ of $85.53.
GuruFocus considers National Fuel Gas Co to be Fairly Valued.
Key valuation signals for NFG:
3-Year Book Growth Rate: 14.60% (256% above median its 10-year median of 4.10)
GF Value™: $85.53 vs. price of $80.00 (6.5% below fair value)
Industry Position: 386.7% above the Oil & Gas median (#181 of 915)
No single metric tells the full story. See the NFG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
National Fuel Gas Co is a diversified energy company involved in natural gas production, gathering, transportation, distribution, and marketing. It operates through three segments: Integrated Upstream and Gathering, Pipeline and Storage, and Utility. The majority of revenue comes from the Integrated Upstream and Gathering segment, which focuses on Seneca's natural gas exploration and development in the Appalachian region and Midstream operations supporting gas processing and gathering. The Pipeline and Storage segment transports and stores natural gas for customers in the northeastern United States and Canada, while the Utility segment supplies natural gas to retail customers in western New York and northwestern Pennsylvania. the company opeartes in United States.
86GF Score
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