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Natural Resources Partners LPNRP -1.04%63 Cyclically Adjusted PS Ratio is 6.57 as of Aug. 18, 2026, which is 383% above its 10-year median of 1.36. 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. Among 111 Other Energy Sources companies, Natural Resources Partners LP ranks worse than 89.19% on this metric.
The historical rank and industry rank for Natural Resources Partners LP's Cyclically Adjusted PS Ratio or its related term are showing as below:
NRP'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.39 Med: 1.36 Max: 7.66
Current: 6.64
During the past years, Natural Resources Partners LP's highest Cyclically Adjusted PS Ratio was 7.66. The lowest was 0.39. And the median was 1.36.
NRP's Cyclically Adjusted PS Ratio is ranked worse than 89.19% of 111
companies
in the Other Energy Sources industry
Industry Median: 1.26
vs NRP: 6.64
The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.
Natural Resources Partners LP's adjusted revenue per share data for the three months ended in Jun. 2026 was $3.973. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $15.66 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Natural Resources Partners LP (NYSE:NRP) Cyclically Adjusted PS Ratio Explanation
Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.
If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.
Natural Resources Partners LP Cyclically Adjusted PS Ratio Related Terms
Natural Resources Partners LP Cyclically Adjusted PS Ratio Historical Data
* 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 Cyclically Adjusted PS Ratio Chart
NRP vs NC, BTU, ARLP: Cyclically Adjusted PS Ratio Comparison
For the Thermal Coal subindustry, Natural Resources Partners LP's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 Cyclically Adjusted PS Ratio vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Natural Resources Partners LP's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Natural Resources Partners LP's Cyclically Adjusted PS Ratio falls into.
Natural Resources Partners LP Cyclically Adjusted PS Ratio Calculation
Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.
The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.
* 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.
Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.
What does a Cyclically Adjusted PS Ratio of 6.57 mean?
Natural Resources Partners LP (NRP) has a Cyclically Adjusted PS Ratio of 6.57 as of Aug. 18, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Natural Resources Partners LP and its competitors. This is 383% above median its historical median of 1.36. Over the past decade, Natural Resources Partners LP's Cyclically Adjusted PS Ratio has ranged from 0.39 to 7.66. According to the industry distribution chart, Natural Resources Partners LP ranks #99 out of 111 companies in the Other Energy Sources industry, placing it in the top 89.2%.
Is Natural Resources Partners LP's Cyclically Adjusted PS Ratio too high?
Natural Resources Partners LP's current Cyclically Adjusted PS Ratio of 6.57 is 383% above median its 10-year median of 1.36. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 7.66. The Other Energy Sources industry median Cyclically Adjusted PS Ratio is 1.26. Natural Resources Partners LP's value of 6.57 is 421.4% above this industry median. Based on the distribution chart, Natural Resources Partners LP ranks #99 out of 111 companies in the Other Energy Sources industry, which is in the bottom quartile relative to peers. 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 Cyclically Adjusted PS Ratio compare to NC and BTU?
According to the Other Energy Sources industry distribution chart, Natural Resources Partners LP ranks #99 out of 111 companies for Cyclically Adjusted PS Ratio. This places Natural Resources Partners LP in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.26. Natural Resources Partners LP's value of 6.57 is 421.4% above this benchmark. Historically, Natural Resources Partners LP's own Cyclically Adjusted PS Ratio has ranged from 0.39 to 7.66 over the past decade. While the company's 10-year median is 1.36 vs. the industry median of 1.26, Natural Resources Partners LP 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 Cyclically Adjusted PS Ratio for an Other Energy Sources company?
The median Cyclically Adjusted PS Ratio among Other Energy Sources companies is 1.26, based on 111 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Natural Resources Partners LP's current Cyclically Adjusted PS Ratio of 6.57 is 421.4% 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 Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Natural Resources Partners LP and its competitors. For the Other Energy Sources industry, the median Cyclically Adjusted PS Ratio is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Natural Resources Partners LP's current Cyclically Adjusted PS Ratio is 6.57, which is 383% above median its own 10-year median of 1.36. 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 Cyclically Adjusted PS Ratio is 6.57, which is 383% above median its 10-year median of 1.36 and 421.4% above the Other Energy Sources industry median of 1.26. 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 Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Natural Resources Partners LP (NRP), the current Cyclically Adjusted PS Ratio is 6.57 as of Aug. 18, 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:
Cyclically Adjusted PS Ratio: 6.57 (383% above median its 10-year median of 1.36)
GF Value™: $84.85 vs. price of $102.86 (21.2% above fair value)
Industry Position: 421.4% above the Other Energy Sources median (#99 of 111)
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 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
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