Spire Inc (SR) valuation
Spire P/E ratio history
Spire trades at 9.8 times its earnings over the last twelve months and 17.2 times the earnings analysts expect over the next twelve. At its last 8 fiscal year ends its P/E ranged from 14.7 (year to Sep 2023) to 36.4 (year to Sep 2020), with a median of 18.9.
| Fiscal year ended | Price | EPS | P/E | Forward P/E |
|---|---|---|---|---|
| Sep 30, 2025 | $81.52 | $4.37 | 18.7 | — |
| Sep 30, 2024 | $67.29 | $4.19 | 16.1 | 14.9 |
| Sep 30, 2023 | $56.58 | $3.85 | 14.7 | 13.2 |
| Sep 30, 2022 | $62.33 | — | n/m | 14.7 |
| Sep 30, 2021 | $61.18 | — | n/m | — |
| Sep 30, 2020 | $53.20 | $1.46 | 36.4 | — |
| Sep 30, 2019 | $87.24 | $3.53 | 24.7 | — |
| Sep 30, 2018 | $73.55 | $4.43 | 16.6 | — |
| Sep 30, 2017 | $74.65 | $3.52 | 21.2 | — |
| Sep 30, 2016 | $63.74 | $3.32 | 19.2 | — |
n/m: not meaningful (a loss, or earnings close to zero). The daily P/E line is a chart indicator in the app.
Spire valuation against its peers
| Company | Market value | P/E | Forward P/E | Price / sales |
|---|---|---|---|---|
| SpireSR | $5.20B | 9.8 | 17.2 | 2.1 |
| Portland General ElectricPOR | $5.22B | 19.1 | 12.7 | 1.5 |
| New Jersey ResourcesNJR | $5.37B | 14.7 | 15.5 | 2.4 |
| One GasOGS | $4.93B | 16.9 | 15.8 | 2.1 |
| Ormat TechORA | $5.51B | 44.0 | 34.2 | 4.6 |
| Northwestern Energy GroupNWE | $4.91B | 28.8 | 20.7 | 2.9 |
| OkloOKLO | $4.39B | — | — | — |
| Black HillsBKH | $6.24B | 20.7 | 18.3 | 2.7 |
| Txnm EnergyTXNM | $6.46B | 41.4 | 19.1 | 2.9 |
| Peer median | 20.7 | 18.3 | 2.7 |
Reading these multiples
The P/E divides the share price by earnings per share over the last twelve months; the forward P/E divides it by the earnings analysts expect over the next twelve. Price to sales compares the company's market value with its revenue over the last twelve months. A multiple reads differently from one industry to the next, so the peer group above is the fairer comparison.
See also: SR financials · SR returns
No forecast, no recommendation. This page describes Spire Inc from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.