
National Grid (NGG) P/E Ratio
P/E Ratio as of Jan 7, 2026: 21.08
Average20.40
Median20.49
Minimum19.82
Maximum21.14
21.08
1.05 (5.24%)past month
The P/E ratio for National Grid (NGG) is 21.08 as of Jan 7, 2026. This represents a increase of 1.30% compared to its 12-month average P/E ratio of 20.81. A higher P/E ratio suggests that investors expect strong future earnings growth, while a lower P/E ratio may indicate a potentially undervalued stock or slowing growth.
National Grid P/E Ratio Formula = Stock Price ÷ Earnings Per Share (EPS)
National Grid’s P/E ratio represents the valuation of the company based on its earnings. It’s calculated by dividing the company’s latest stock price by its diluted earnings per share (EPS) over the past 12 months. The P/E ratio helps investors assess how much they are paying for each dollar of earnings, offering valuable insights when comparing National Grid to industry peers.
National Grid P/E Ratio Formula = Stock Price ÷ Earnings Per Share (EPS)
National Grid’s P/E ratio represents the valuation of the company based on its earnings. It’s calculated by dividing the company’s latest stock price by its diluted earnings per share (EPS) over the past 12 months. The P/E ratio helps investors assess how much they are paying for each dollar of earnings, offering valuable insights when comparing National Grid to industry peers.
National Grid (NGG) P/E Ratio Insights
See National Grid’s latest P/E ratio, historical trends, and valuation insights with AI-powered fundamental data and custom analysis.
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National Grid (NGG) P/E Ratio Historic Data
| Date | Stock price | P/E ratio |
|---|---|---|
| Dec 1, 2025 | $75.65 | 20.09 |
| Nov 3, 2025 | $74.74 | 19.46 |
| Oct 1, 2025 | $72.86 | 18.97 |
| Sep 2, 2025 | $67.98 | 17.70 |
| Aug 1, 2025 | $71.82 | 18.70 |
| Jul 1, 2025 | $74.38 | 19.37 |
| Jun 2, 2025 | $71.90 | 18.72 |
| May 1, 2025 | $71.65 | 26.30 |
| Apr 1, 2025 | $65.78 | 24.14 |
| Mar 3, 2025 | $61.72 | 22.65 |
| Feb 3, 2025 | $62.01 | 22.76 |
| Jan 2, 2025 | $59.54 | 21.85 |
National Grid (NGG) End of Year P/E Ratio
| Date | P/E ratio | Change |
|---|---|---|
| 2026 | 21.08 | +2.63% |
| 2025 | 20.54 | -5.82% |
| 2024 | 21.81 | +271.55% |
| 2023 | 5.87 | -50.34% |
| 2022 | 11.82 | -56.34% |
| 2021 | 27.07 | — |
FAQs About National Grid (NGG) P/E ratio
The latest P/E ratio of National Grid (NGG) is 21.08, as of Jan 7, 2026. This is calculated based on its current stock price and earnings per share (EPS).
National Grid’s last 12-month average P/E ratio is 20.81, compared to its current P/E ratio of 21.08. This reflects a increase of 1.30%.
National Grid’s current P/E ratio of 21.08 is higher than its last 12-month average P/E of 20.81. A higher P/E can indicate strong future growth expectations, while a lower P/E might suggest undervaluation.
National Grid’s average P/E ratio over the last 3 years is 14.75. Comparing this to the current P/E helps assess recent valuation trends and whether the stock is trading above or below its mid-term historical range.
National Grid’s average P/E ratio over the last 5 years is 16.99. A deviation from this historical average may indicate shifts in growth expectations, profitability, or broader market conditions affecting valuation.