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This valuation method assumes that the stock valuation will revert to its historical (10-Year) median in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
The historical rank and industry rank for Natural Resources Partners LP's Median PS Value or its related term are showing as below:
NRP'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.16 Med: 0.92 Max: 2.64
Current: 2.3
During the past 13 years, the highest Price to Median PS Value of Natural Resources Partners LP was 2.64. The lowest was 0.16. And the median was 0.92.
NRP's Price-to-Median-PS-Value is ranked worse than 82.02% of 89
companies
in the Other Energy Sources industry
Industry Median: 1.27
vs NRP: 2.30
Natural Resources Partners LP (NYSE:NRP) Median PS Value Explanation
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio
is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.
Natural Resources Partners LP's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
113.29
/
49.18
=
2.30
* 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 Median PS Value Related Terms
Natural Resources Partners LP Median PS Value 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 Median PS Value Chart
For the Thermal Coal subindustry, Natural Resources Partners LP's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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 Price-to-Median-PS-Value vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Natural Resources Partners LP's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Natural Resources Partners LP's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 3.2789.
Natural Resources Partners LP's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $14.999.
* 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 (NRP) has a Median PS Value of $49.18 as of Sep. 09, 2026. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on Natural Resources Partners LP and its competitors. According to the industry distribution chart, Natural Resources Partners LP ranks #73 out of 89 companies in the Other Energy Sources industry, placing it in the top 82%.
Is Natural Resources Partners LP's Median PS Value too high?
Natural Resources Partners LP's current Median PS Value is $49.18. The Other Energy Sources industry median Median PS Value is 1.27. Natural Resources Partners LP's value of $49.18 is 3772.4% above this industry median. Based on the distribution chart, Natural Resources Partners LP ranks #73 out of 89 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 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Natural Resources Partners LP's Median PS Value compare to NC and ARLP?
According to the Other Energy Sources industry distribution chart, Natural Resources Partners LP ranks #73 out of 89 companies for Median PS Value. This places Natural Resources Partners LP in the lower half of its industry. The industry median Median PS Value is 1.27. Natural Resources Partners LP's value of $49.18 is 3772.4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Median PS Value for an Other Energy Sources company?
The median Median PS Value among Other Energy Sources companies is 1.27, based on 89 companies in the industry. Companies in the top quartile (top 25%) have a Median PS Value significantly above this median, while those in the bottom quartile fall well below. However, Median PS Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Natural Resources Partners LP's current Median PS Value of $49.18 is 3772.4% 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 Median PS Value mean?
A high Median PS Value can signal that a stock is expensive relative to its fundamentals. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on Natural Resources Partners LP and its competitors. For the Other Energy Sources industry, the median Median PS Value is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Natural Resources Partners LP's current Median PS Value is $49.18. 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 Significantly Overvalued. The stock's GF Value™ is $84.69, compared to a current price of $113.29 — trading 33.8% above its estimated fair value. The current Median PS Value is $49.18 and 3772.4% above the Other Energy Sources industry median of 1.27. Natural Resources Partners LP's overall GF Score™ is 70/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Median PS Value calculated?
Median PS Value is calculated from a company's financial statements. For Natural Resources Partners LP (NRP), the current Median PS Value is $49.18 as of Sep. 09, 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 $113.29 is trading 33.8% above its estimated GF Value™ of $84.69.
GuruFocus considers Natural Resources Partners LP to be Significantly Overvalued.
Key valuation signals for NRP:
Median PS Value: $49.18
GF Value™: $84.69 vs. price of $113.29 (33.8% above fair value)
Industry Position: 3772.4% above the Other Energy Sources median (#73 of 89)
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.
70GF Score
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