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The 1-Year Sharpe Ratio measures the additional return that an investor receives per unit of increase in risk over the past year. As of today (2026-08-22), New Jersey Resources's 1-Year Sharpe Ratio is 1.17.
New Jersey Resources (NYSE:NJR) 1-Year Sharpe Ratio Explanation
The 1-Year Sharpe Ratio inidicates the risk-adjusted return of an investment over the past year. It is calculated as the annualized result of the average monthly excess return divided by its standard deviation over the past year. The monthly excess return is the monthly investment return minus the monthly risk-free rate (typically the 10-year Treasury Constant Maturity Rate). If the risk-free rate for a specific region is not available, U.S. data is used by default.
The greater a portfolio's Sharpe Ratio, the better its risk-adjusted performance. A negative Sharpe Ratio means the risk-free rate is greater than the portfolio’s historical or projected return, or else the portfolio's return is expected to be negative.
New Jersey Resources 1-Year Sharpe Ratio Related Terms
NJR vs BKH, SWX, OGS: 1-Year Sharpe Ratio Comparison
For the Utilities - Regulated Gas subindustry, New Jersey Resources's 1-Year Sharpe Ratio, along with its competitors' market caps and 1-Year Sharpe 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.
New Jersey Resources 1-Year Sharpe Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, New Jersey Resources's 1-Year Sharpe Ratio distribution charts can be found below:
* The bar in red indicates where New Jersey Resources's 1-Year Sharpe Ratio falls into.
New Jersey Resources 1-Year Sharpe Ratio Calculation
The 1-Year Sharpe Ratio measures the performance of an investment such as a stock or portfolio compared to a risk-free asset. A stock / portfolio's 1-Year Sharpe Ratio can be calculated by dividing the difference between the one-year returns of the investment and the risk-free rate, by the standard deviation of the investment returns over one year.
New Jersey Resources (NJR) has a 1-Year Sharpe Ratio of 1.17 as of Aug. 22, 2026. 1-Year Sharpe Ratio measures the additional return that an investor receives per unit of increase in risk. View historical data for New Jersey Resources and its competitors.
Is New Jersey Resources' 1-Year Sharpe Ratio too high?
New Jersey Resources' current 1-Year Sharpe Ratio is 1.17. Overall, New Jersey Resources has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does New Jersey Resources' 1-Year Sharpe Ratio compare to BKH and SWX?
New Jersey Resources' 1-Year Sharpe Ratio of 1.17 can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 1-Year Sharpe Ratio for an Utilities - Regulated company?
A good 1-Year Sharpe Ratio depends on the Utilities - Regulated industry context. However, 1-Year Sharpe Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 1-Year Sharpe Ratio mean?
A high 1-Year Sharpe Ratio can signal that a stock is expensive relative to its fundamentals. 1-Year Sharpe Ratio measures the additional return that an investor receives per unit of increase in risk. View historical data for New Jersey Resources and its competitors. New Jersey Resources's current 1-Year Sharpe Ratio is 1.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Jersey Resources stock overvalued right now?
Based on GuruFocus' analysis, New Jersey Resources (NJR) is currently considered Fairly Valued. The stock's GF Value™ is $53.94, compared to a current price of $53.52 — trading 0.8% below its estimated fair value. The current 1-Year Sharpe Ratio is 1.17. New Jersey Resources' overall GF Score™ is 73/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 1-Year Sharpe Ratio calculated?
1-Year Sharpe Ratio is calculated from a company's financial statements. For New Jersey Resources (NJR), the current 1-Year Sharpe Ratio is 1.17 as of Aug. 22, 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 New Jersey Resources (NJR) Overvalued in 2026?
Based on GuruFocus' analysis, New Jersey Resources stock appears to be undervalued.
The current stock price of $53.52 is trading 0.8% below its estimated GF Value™ of $53.94.
GuruFocus considers New Jersey Resources to be Fairly Valued.
Key valuation signals for NJR:
1-Year Sharpe Ratio: 1.17
GF Value™: $53.94 vs. price of $53.52 (0.8% below fair value)
No single metric tells the full story. See the NJR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
New Jersey Resources is an energy services holding company with regulated and nonregulated operations. Its regulated utility, New Jersey Natural Gas, delivers natural gas to nearly 600,000 customers in the state. NJR's nonregulated businesses include investments in commercial solar projects and several large midstream natural gas projects.
73GF Score
Get the complete analysis for NJR
1-Year Sharpe Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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