Natural Resource Partners (NRP) Price to Book (2009 - 2026)
Natural Resource Partners' (NRP) Price to Book was 1.98 for Q2 2026, down 7.0% from 2.13 a year earlier and down 22.0% from the prior quarter.
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Analysis
Natural Resource Partners (NRP) Price to Book (2009 - 2026) Analysis & Trends
For FY2025, Price to Book at Natural Resource Partners was 2.19, down 17.4% from FY2024.
- By year, Price to Book came in at 2.65 in FY2024 (+17.1%), 2.26 in FY2023 (+57.1%), 1.44 in FY2022 (-11.9%) and 1.63 in FY2021 (+96.6%).
- The Q2 2026 figure ranks as the lowest quarterly Price to Book since Q2 2023.
- Year over year, Price to Book gained in three of the last eight quarters, with growth averaging 0.3%.
- The high point for year-over-year Price to Book in five years was Q4 2021 (growth of 96.6%); the low point was Q1 2023 (a decline of 19.5%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 2.53 (Q1 2026), 2.19 (Q4 2025) and 2.26 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 673.87 Bn | 637.09 Bn | - |
| 2 | Shell | 543.95 Bn | 454.50 Bn | 30.13 Bn |
| 3 | Chevron | 409.32 Bn | 387.11 Bn | 33.45 Bn |
| 4 | TotalEnergies SE | 186.50 Bn | 69.63 Bn | - |
| 5 | Eni Spa | 171.15 Bn | 120.67 Bn | - |
| 6 | Conocophillips | 152.65 Bn | 125.36 Bn | 12.81 Bn |
| 7 | Equinor Asa | 105.44 Bn | 51.50 Bn | - |
| 8 | Phillips 66 | 105.42 Bn | 94.41 Bn | 8.38 Bn |
| 9 | Canadian Natural Resources | 99.52 Bn | 96.47 Bn | - |
| 10 | Natural Resource Partners | 1.41 Bn | 1.29 Bn | 47.24 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.98 |
| Mar 31, 2026 | 2.53 |
| Dec 31, 2025 | 2.19 |
| Sep 30, 2025 | 2.26 |
| Jun 30, 2025 | 2.13 |
| Mar 31, 2025 | 2.42 |
| Dec 31, 2024 | 2.65 |
| Sep 30, 2024 | 2.47 |
| Jun 30, 2024 | 2.35 |
| Mar 31, 2024 | 2.46 |
| Dec 31, 2023 | 2.26 |
| Sep 30, 2023 | 1.98 |
| Jun 30, 2023 | 1.33 |
| Mar 31, 2023 | 1.40 |
| Dec 31, 2022 | 1.44 |
| Sep 30, 2022 | 1.34 |
| Jun 30, 2022 | 1.31 |
| Mar 31, 2022 | 1.74 |
| Dec 31, 2021 | 1.63 |
| Sep 30, 2021 | 1.29 |
API Access
Natural Resource Partners Price to Book API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-book&ticker=NRP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "NRP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-book&ticker=NRP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();