Northwest Natural Holding Co (STU:NN3) Cyclically Adjusted PS Ratio: (As of Sep. 20, 2026)

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STU:NN3 Northwest Natural Holding Co STU:NN3
61 GF Score
Price €41.86
GF Value €36.58
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Northwest Natural Holding Co Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Northwest Natural Holding Co  (STU:NN3) 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.


Northwest Natural Holding Co Cyclically Adjusted PS Ratio Related Terms


Northwest Natural Holding Co Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Northwest Natural Holding Co's Cyclically Adjusted PS Ratio 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.

Northwest Natural Holding Co Cyclically Adjusted PS Ratio Chart

Northwest Natural Holding Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.28 2.13 1.25 1.31 1.36

Northwest Natural Holding Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PS Ratio 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 1.13 1.28 1.35 1.54 1.42

STU:NN3 vs CTRI, SPH, CPK: Cyclically Adjusted PS Ratio Comparison

For the Utilities - Regulated Gas subindustry, Northwest Natural Holding Co'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.


Northwest Natural Holding Co Cyclically Adjusted PS Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Northwest Natural Holding Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Northwest Natural Holding Co's Cyclically Adjusted PS Ratio falls into.


STU:NN3
61GF Score
Northwest Natural Holding Co STU:NN3
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Northwest Natural Holding Co 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.

Northwest Natural Holding Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Northwest Natural Holding Co's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=4.966/333.9520*333.9520
=4.966

Current CPI (Jun. 2026) = 333.9520.

Northwest Natural Holding Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 2.856 241.428 3.951
201612 7.638 241.432 10.565
201703 9.752 243.801 13.358
201706 4.259 244.955 5.806
201709 2.561 246.819 3.465
201712 7.104 246.524 9.623
201803 7.454 249.554 9.975
201806 3.620 251.989 4.797
201809 2.731 252.439 3.613
201812 6.811 251.233 9.054
201903 8.603 254.202 11.302
201906 3.869 256.143 5.044
201909 2.610 256.759 3.395
201912 7.335 256.974 9.532
202003 8.549 258.115 11.061
202006 3.991 257.797 5.170
202009 2.595 260.280 3.330
202012 7.135 260.474 9.148
202103 8.564 264.877 10.797
202106 4.031 271.696 4.955
202109 2.804 274.310 3.414
202112 8.331 278.802 9.979
202203 10.004 287.504 11.620
202206 5.325 296.311 6.001
202209 3.320 296.808 3.735
202212 10.362 296.797 11.659
202303 12.070 301.836 13.354
202306 6.060 305.109 6.633
202309 3.591 307.789 3.896
202312 8.792 306.746 9.572
202403 10.567 312.332 11.298
202406 5.140 314.175 5.464
202409 3.247 315.301 3.439
202412 8.645 315.605 9.148
202503 11.653 319.799 12.169
202506 5.148 322.561 5.330
202509 3.423 324.800 3.519
202512 8.135 324.054 8.383
202603 10.024 330.213 10.138
202606 4.966 333.952 4.966

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

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.

Is Northwest Natural Holding Co (STU:NN3) Overvalued in 2026?

Based on GuruFocus' analysis, Northwest Natural Holding Co stock appears to be overvalued. The current stock price of €41.86 is trading 14.4% above its estimated GF Value™ of €36.58. GuruFocus considers Northwest Natural Holding Co to be Modestly Overvalued.

Key valuation signals for STU:NN3:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €36.58 vs. price of €41.86 (14.4% above fair value)
  • GF Score™: 61/100 with 9 warning signs

No single metric tells the full story. See the STU:NN3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Northwest Natural Holding Co Business Description

Other Exchanges NWN:USANN3:Germany
Address 250 S.W. Taylor Street, Portland, OR, USA, 97204
Northwest Natural Holding Co is a public natural gas service supplier operating in the U.S. Pacific Northwest. Its subsidiary, NW Natural, operates through the natural gas distribution segment, which purchases and distributes natural gas through which operates in Oregon and southwest Washington. The company operates in three reportable business segments, which are NWN Gas Utility, SiEnergy, and NWN Water. The company generates maximum revenue from NWN Gas Utility segment. It also generates revenue from residential, commercial, and industrial customers, the majority of which are in Oregon. Residential and commercial customers account for the vast majority of profitability.
61GF Score

Get the complete analysis for STU:NN3

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€41.86
Price
€36.58
GF Value