Natural Gas Services GroupNGS +0.91%78 PE Ratio without NRI is 23.17 as of Jun. 25, 2026, which is 25% below its 10-year median of 31.00. GuruFocus rates NGS with a GF Score™ of 78/100 and a GF Value™ of $28.24 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 633 Oil & Gas companies, Natural Gas Services Group ranks worse than 71.72% on this metric.
The PE Ratio without NRI, or P/E Ratio without non-recurring items, is a financial ratio used to compare a company's market price to its EPS without NRI. As of today (2026-06-25), Natural Gas Services Group's share price is $43.33.
Natural Gas Services Group's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was $1.87. Therefore, Natural Gas Services Group's PE Ratio without NRI for today is 23.17.
During the past 13 years, Natural Gas Services Group's highest PE Ratio without NRI was 646.43. The lowest was 10.42. And the median was 31.00.
Natural Gas Services Group (NYSE:NGS) PE Ratio without NRI Explanation
The PE Ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.
In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio is positive. Also for stocks with the same PE Ratio, the one with faster growth business is more attractive.
If a company loses money, the PE Ratio becomes meaningless.
To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio divided by the growth ratio. He thinks a company with a PE Ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio of 20, instead of a company growing 10% a year with a PE Ratio of 10.
Because the PE Ratio measures how long it takes to earn back the price you pay, the PE Ratio can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.
Investors need to be aware that the PE Ratio can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratio s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio.
Natural Gas Services Group PE Ratio without NRI Related Terms
Natural Gas Services Group PE Ratio without NRI 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 Gas Services Group PE Ratio without NRI Chart
NGS vs OIS, FET, EROK: PE Ratio without NRI Comparison
For the Oil & Gas Equipment & Services subindustry, Natural Gas Services Group's PE Ratio without NRI, along with its competitors' market caps and PE Ratio without NRI 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 Gas Services Group PE Ratio without NRI vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Natural Gas Services Group's PE Ratio without NRI distribution charts can be found below:
* The bar in red indicates where Natural Gas Services Group's PE Ratio without NRI falls into.
Natural Gas Services Group PE Ratio without NRI Calculation
The PE Ratio without NRI, or P/E Ratio without non-recurring items, is a financial ratio used to compare a company's market price to its EPS without NRI. Regular PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than regular PE Ratio.
Natural Gas Services Group's Share Price of today is $43.33.
Natural Gas Services Group's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.87.
* 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.
There are at least three kinds of PE Ratios used by different investors. They are Trailing Twelve Month PE Ratio, Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio based on inflation-adjusted normalized PE Ratio is called Shiller PE Ratio, after Yale professor Robert Shiller.
In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.
In the calculation of PE Ratio (TTM), the earnings per share used are the earnings per share over the past 12 months.
For Forward PE Ratio, the earnings are the expected earnings for the next twelve months.
For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.
Natural Gas Services Group (NGS) has a PE Ratio without NRI of 23.17 as of Jun. 25, 2026. P/E without nonrecurring items is the ratio of share price to a company's earnings less one-time charges. View historical data on Natural Gas Services Group and its competitors. This is 25% below median its historical median of 31.00. Over the past decade, Natural Gas Services Group's PE Ratio without NRI has ranged from 10.42 to 646.43. According to the industry distribution chart, Natural Gas Services Group ranks #454 out of 633 companies in the Oil & Gas industry, placing it in the top 71.7%.
Is Natural Gas Services Group's PE Ratio without NRI too high?
Natural Gas Services Group's current PE Ratio without NRI of 23.17 is 25% below median its 10-year median of 31.00. Over the past 10 years, this metric has ranged from a low of 10.42 to a high of 646.43. The Oil & Gas industry median PE Ratio without NRI is 14.75. Natural Gas Services Group's value of 23.17 is 57.1% above this industry median. Based on the distribution chart, Natural Gas Services Group ranks #454 out of 633 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Natural Gas Services Group has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Natural Gas Services Group's PE Ratio without NRI compare to OIS and FET?
According to the Oil & Gas industry distribution chart, Natural Gas Services Group ranks #454 out of 633 companies for PE Ratio without NRI. This places Natural Gas Services Group in the lower half of its industry. The industry median PE Ratio without NRI is 14.75. Natural Gas Services Group's value of 23.17 is 57.1% above this benchmark. Historically, Natural Gas Services Group's own PE Ratio without NRI has ranged from 10.42 to 646.43 over the past decade. While the company's 10-year median is 31.00 vs. the industry median of 14.75, Natural Gas Services Group 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 PE Ratio without NRI for an Oil & Gas company?
The median PE Ratio without NRI among Oil & Gas companies is 14.75, based on 633 companies in the industry. Companies in the top quartile (top 25%) have a PE Ratio without NRI significantly above this median, while those in the bottom quartile fall well below. However, PE Ratio without NRI should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Natural Gas Services Group's current PE Ratio without NRI of 23.17 is 57.1% 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 PE Ratio without NRI mean?
A high PE Ratio without NRI can signal that a stock is expensive relative to its fundamentals. P/E without nonrecurring items is the ratio of share price to a company's earnings less one-time charges. View historical data on Natural Gas Services Group and its competitors. For the Oil & Gas industry, the median PE Ratio without NRI is 14.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Natural Gas Services Group's current PE Ratio without NRI is 23.17, which is 25% below median its own 10-year median of 31.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Natural Gas Services Group stock overvalued right now?
Based on GuruFocus' analysis, Natural Gas Services Group (NGS) is currently considered Significantly Overvalued. The stock's GF Value™ is $28.24, compared to a current price of $43.33 — trading 53.4% above its estimated fair value. The current PE Ratio without NRI is 23.17, which is 25% below median its 10-year median of 31.00 and 57.1% above the Oil & Gas industry median of 14.75. Natural Gas Services Group's overall GF Score™ is 78/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PE Ratio without NRI calculated?
PE Ratio without NRI is calculated from a company's financial statements. For Natural Gas Services Group (NGS), the current PE Ratio without NRI is 23.17 as of Jun. 25, 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 Gas Services Group (NGS) Overvalued in 2026?
Based on GuruFocus' analysis, Natural Gas Services Group stock appears to be overvalued.
The current stock price of $43.33 is trading 53.4% above its estimated GF Value™ of $28.24.
GuruFocus considers Natural Gas Services Group to be Significantly Overvalued.
Key valuation signals for NGS:
PE Ratio without NRI: 23.17 (25% below median its 10-year median of 31.00)
GF Value™: $28.24 vs. price of $43.33 (53.4% above fair value)
Industry Position: 57.1% above the Oil & Gas median (#454 of 633)
No single metric tells the full story. See the NGS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Natural Gas Services Group Inc provides natural gas compression equipment and services to the energy industry. The company manufactures, fabricates, rents, sells, and maintains natural gas compressors and flare systems for oil and natural gas production and plant facilities. Its operating units include Rental, Sales, and Aftermarket services. It operates in one reporting segment. The company generates the majority of its revenue by renting out low- to medium-horsepower compression equipment to natural gas production companies in unconventional oil and gas regions of the United States.
78GF Score
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