NRP (Natural Resources Partners LP) Book Value per Share: $49.06 (As of Jun. 2026)

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NRP Natural Resources Partners LP NRP
63 GF Score
Price $102.86
GF Value $84.85
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Natural Resources Partners LP Book Value per Share?

Natural Resources Partners LP NRP -1.04% 63 Book Value per Share is $49.06 as of Jun. 2026. GuruFocus rates NRP with a GF Score™ of 63/100 and a GF Value™ of $84.85 (Modestly Overvalued). The stock has 3 warning signs investors should review.

Natural Resources Partners LP's book value per share for the quarter that ended in Jun. 2026 was $49.06.

During the past 12 months, Natural Resources Partners LP's average Book Value Per Share Growth Rate was 9.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -2.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 115.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 15.50% 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 book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Natural Resources Partners LP was 476.40% per year. The lowest was -81.20% per year. And the median was 2.50% per year.

Natural Resources Partners LP's current price is $102.86. Its book value per share for the quarter that ended in Jun. 2026 was $49.06. Hence, today's PB Ratio of Natural Resources Partners LP is 2.10.

During the past 13 years, the highest P/B Ratio of Natural Resources Partners LP was 79.50. The lowest was 0.26. And the median was 1.05.

Good Sign:

Natural Resources Partners LP stock PB Ratio (=2.12) is close to 2-year low of 1.96.


Natural Resources Partners LP  (NYSE:NRP) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Natural Resources Partners LP Book Value per Share Related Terms


Natural Resources Partners LP Book Value per Share Historical Data

* Premium members only.

The historical data trend for Natural Resources Partners LP's Book Value per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Natural Resources Partners LP Book Value per Share Chart

Natural Resources Partners LP Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.62 51.34 45.77 42.23 48.14

Natural Resources Partners LP Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 44.94 46.53 48.14 47.74 49.06

NRP vs NC, BTU, ARLP: Book Value per Share Comparison

For the Thermal Coal subindustry, Natural Resources Partners LP's PB Ratio, along with its competitors' market caps and PB Ratio 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.


Natural Resources Partners LP PB Ratio vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Natural Resources Partners LP's PB Ratio distribution charts can be found below:

* The bar in red indicates where Natural Resources Partners LP's PB Ratio falls into.


NRP
63GF Score
Natural Resources Partners LP NRP
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Natural Resources Partners LP Book Value per Share Calculation

Natural Resources Partners LP's Book Value Per Share for the fiscal year that ended in Dec. 2025 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(632.5-0.0)/13.1
=48.14

Natural Resources Partners LP's Book Value Per Share for the quarter that ended in Jun. 2026 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(650.1-0.0)/13.3
=49.06

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Frequently Asked Questions Learn more about Book Value per Share →
What does a Book Value per Share of $49.06 mean?
Natural Resources Partners LP (NRP) has a Book Value per Share of $49.06 as of Jun. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Natural Resources Partners LP and its competitors.
Is Natural Resources Partners LP's Book Value per Share too high?
Natural Resources Partners LP's current Book Value per Share is $49.06. Overall, Natural Resources Partners LP has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Natural Resources Partners LP's Book Value per Share compare to NC and BTU?
Natural Resources Partners LP's Book Value per Share of $49.06 can be compared against companies in the Other Energy Sources industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Book Value per Share for an Other Energy Sources company?
A good Book Value per Share depends on the Other Energy Sources industry context. However, Book Value per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Book Value per Share mean?
A high Book Value per Share can signal that a stock is expensive relative to its fundamentals. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Natural Resources Partners LP and its competitors. Natural Resources Partners LP's current Book Value per Share is $49.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Natural Resources Partners LP stock overvalued right now?
Based on GuruFocus' analysis, Natural Resources Partners LP (NRP) is currently considered Modestly Overvalued. The stock's GF Value™ is $84.85, compared to a current price of $102.86 — trading 21.2% above its estimated fair value. The current Book Value per Share is $49.06. Natural Resources Partners LP's overall GF Score™ is 63/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Book Value per Share calculated?
Book Value per Share is calculated from a company's financial statements. For Natural Resources Partners LP (NRP), the current Book Value per Share is $49.06 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 Natural Resources Partners LP (NRP) Overvalued in 2026?

Based on GuruFocus' analysis, Natural Resources Partners LP stock appears to be overvalued. The current stock price of $102.86 is trading 21.2% above its estimated GF Value™ of $84.85. GuruFocus considers Natural Resources Partners LP to be Modestly Overvalued.

Key valuation signals for NRP:

  • Book Value per Share: $49.06
  • GF Value™: $84.85 vs. price of $102.86 (21.2% above fair value)
  • GF Score™: 63/100 with 3 warning signs

No single metric tells the full story. See the NRP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Natural Resources Partners LP Business Description

Address 1415 Louisiana Street, Suite 3325, Houston, TX, USA, 77002
Natural Resources Partners LP is a diversified natural resource company. It is engaged in the business of owning, managing and leasing a diversified portfolio of mineral properties in the United States, including interests in coal, trona and soda ash, crude oil and natural gas, construction aggregates, frac sand, and other natural resources. The company leases coal reserves to experience mine operators under long-term leases that grant the operator the right to mine its coal reserves in exchange for royalty payments. The company operates in two reportable segments namely: Mineral Rights and Soda Ash. The majority of the revenue is generated from the Mineral Rights segment. Geographically, the company's business activity of the group functions through the United States.
63GF Score

Get the complete analysis for NRP

Book Value per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$102.86
Price
$84.85
GF Value