NRP (Natural Resources Partners LP) PS Ratio: 6.86 (As of Aug. 18, 2026) — 116% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

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 PS Ratio?

Natural Resources Partners LP NRP -1.04% 63 PS Ratio is 6.86 as of Aug. 18, 2026, which is 116% above its 10-year median of 3.18. 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 129 Other Energy Sources companies, Natural Resources Partners LP ranks worse than 86.82% on this metric.

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Natural Resources Partners LP's share price is $102.86. Natural Resources Partners LP's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2026 was $15.00. Hence, Natural Resources Partners LP's PS Ratio for today is 6.86.

The historical rank and industry rank for Natural Resources Partners LP's PS Ratio or its related term are showing as below:

NRP' s PS Ratio Range Over the Past 10 Years
Min: 0.61   Med: 3.18   Max: 8.42
Current: 6.86

During the past 13 years, Natural Resources Partners LP's highest PS Ratio was 8.42. The lowest was 0.61. And the median was 3.18.

NRP's PS Ratio is ranked worse than
86.82% of 129 companies
in the Other Energy Sources industry
Industry Median: 1.43 vs NRP: 6.86

Natural Resources Partners LP's Revenue per Sharefor the three months ended in Jun. 2026 was $3.97. Its Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2026 was $15.00.

Warning Sign:

Natural Resources Partners LP revenue per share has been in decline over the past 3 years.

During the past 12 months, the average Revenue per Share Growth Rate of Natural Resources Partners LP was -9.20% per year. During the past 3 years, the average Revenue per Share Growth Rate was -3.10% per year. During the past 5 years, the average Revenue per Share Growth Rate was 12.40% per year. During the past 10 years, the average Revenue per Share Growth Rate was -0.90% per year.

During the past 13 years, Natural Resources Partners LP's highest 3-Year average Revenue per Share Growth Rate was 108.50% per year. The lowest was -31.60% per year. And the median was -3.35% per year.

Back to Basics: PS Ratio


Natural Resources Partners LP  (NYSE:NRP) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


Natural Resources Partners LP PS Ratio Related Terms


Natural Resources Partners LP PS Ratio Historical Data

* Premium members only.

The historical data trend for Natural Resources Partners LP's 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.

Natural Resources Partners LP PS Ratio Chart

Natural Resources Partners LP Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.82 3.25 5.07 6.18 6.87

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
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 5.78 6.39 6.87 8.32 6.47

NRP vs NC, BTU, ARLP: PS Ratio Comparison

For the Thermal Coal subindustry, Natural Resources Partners LP's PS Ratio, along with its competitors' market caps and 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 PS Ratio vs Other Energy Sources Industry

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

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


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

Natural Resources Partners LP PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

Natural Resources Partners LP's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=102.86/14.999
=6.86

Natural Resources Partners LP's Share Price of today is $102.86.
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 $15.00.

* 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.

It can also be calculated from the numbers for the whole company:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.

Frequently Asked Questions Learn more about PS Ratio →
What does a PS Ratio of 6.86 mean?
Natural Resources Partners LP (NRP) has a PS Ratio of 6.86 as of Aug. 18, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Natural Resources Partners LP and its competitors. This is 116% above median its historical median of 3.18. Over the past decade, Natural Resources Partners LP's PS Ratio has ranged from 0.61 to 8.42. According to the industry distribution chart, Natural Resources Partners LP ranks #112 out of 129 companies in the Other Energy Sources industry, placing it in the top 86.8%.
Is Natural Resources Partners LP's PS Ratio too high?
Natural Resources Partners LP's current PS Ratio of 6.86 is 116% above median its 10-year median of 3.18. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 8.42. The Other Energy Sources industry median PS Ratio is 1.43. Natural Resources Partners LP's value of 6.86 is 379.7% above this industry median. Based on the distribution chart, Natural Resources Partners LP ranks #112 out of 129 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 PS Ratio compare to NC and BTU?
According to the Other Energy Sources industry distribution chart, Natural Resources Partners LP ranks #112 out of 129 companies for PS Ratio. This places Natural Resources Partners LP in the lower half of its industry. The industry median PS Ratio is 1.43. Natural Resources Partners LP's value of 6.86 is 379.7% above this benchmark. Historically, Natural Resources Partners LP's own PS Ratio has ranged from 0.61 to 8.42 over the past decade. While the company's 10-year median is 3.18 vs. the industry median of 1.43, 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 PS Ratio for an Other Energy Sources company?
The median PS Ratio among Other Energy Sources companies is 1.43, based on 129 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, 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 PS Ratio of 6.86 is 379.7% 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 PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Natural Resources Partners LP and its competitors. For the Other Energy Sources industry, the median PS Ratio is 1.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Natural Resources Partners LP's current PS Ratio is 6.86, which is 116% above median its own 10-year median of 3.18. 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 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 PS Ratio is 6.86, which is 116% above median its 10-year median of 3.18 and 379.7% above the Other Energy Sources industry median of 1.43. 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 PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For Natural Resources Partners LP (NRP), the current PS Ratio is 6.86 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:

  • PS Ratio: 6.86 (116% above median its 10-year median of 3.18)
  • GF Value™: $84.85 vs. price of $102.86 (21.2% above fair value)
  • GF Score™: 63/100 with 3 warning signs
  • Industry Position: 379.7% above the Other Energy Sources median (#112 of 129)

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

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

$102.86
Price
$84.85
GF Value