Northwest NaturalNWN.NValuation Analysis
Based on the blended 10-year P/E and P/B percentiles, the stock currently sits in the “Fair Value Range” zone.
As of Oct 16, 2026, Northwest Natural (NWN.N) trades at a P/E of 16.40x, P/B of 1.33x, P/S of 1.60x, and a dividend yield of 4.04%.
Longitudinal percentile comparison: P/E sits at the 20th percentile over the trailing 10Y window (vs. 34th percentile over 3Y); P/B sits at the 28th percentile over the trailing 10Y window (vs. 76th percentile over 3Y); P/S sits at the 31st percentile over the trailing 10Y window (vs. 83rd percentile over 3Y).
Cross-sectional valuation: its P/E ranks at the 48th percentile within its industry and the 43rd percentile across the broader market.
Shareholder return highlight: Total Shareholder Yield is 4.04%, ranking at the 60th percentile over the trailing 20Y window.
Cross-checking P/E against P/B, the two percentiles sit within 8.0 points of each other — a consistent signal from both angles. Its P/E percentile is roughly the same whether measured against the industry or the broader market. Shareholder returns here are driven almost entirely by cash dividends, with minimal contribution from buybacks. Northwest Natural operates in the Transportation, Communications, Electric, Gas, And Sanitary Services sector. Data refreshes weekly and is for reference only, not investment advice.
Also listed as: NYSE: NWN · NWN
Want the full picture on whether Northwest Natural (NWN.N) is under- or over-valued? See the full 3Y / 5Y / 10Y / 20Y P/E, P/B, P/S, Dividend Yield & Total Shareholder Yield percentile matrix and the interactive ECharts trend chart on this page.
Historical Percentiles by Metric
| Metric | Current | Market Percentile | Industry Percentile | 3Y Pctl | 5Y Pctl | 10Y Pctl | 20Y Pctl |
|---|---|---|---|---|---|---|---|
| P/E (TTM) | 16.40 | ||||||
| P/B (MRQ) | 1.33 | ||||||
| P/S (TTM) | 1.60 | ||||||
| Dividend Yield | 4.04% | ||||||
| Buyback + Div Yield | 4.04% |