National Grid plc Overview
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+ Follow18.93
The P/E ratio compares a company's stock price to its earnings per share. A lower P/E ratio may indicate that the stock is undervalued.
As of the most recent data, NG.L shows a P/E ratio of 18.93. That is above the Energy sector average of 13.82. Scroll down for historical charts and peer comparison views.
The Energy sector average P/E ratio is about 13.82. National Grid plc is at 18.93, which is higher that average. That is roughly 37.0% above the sector mean. Use the comparison chart on this page to see how NG.L stacks up against individual peers as well.
Investors watch NG.L's P/E ratio because it compresses price and fundamentals into one number that is easy to compare across companies and over time. National Grid plc's latest reading is 18.93. Combining that with growth, ROE, and debt metrics usually beats relying on a single multiple.
Besides this p/e ratio page, Stockcircle has National Grid plc's full stock overview, other financial metrics, insider and congress trade tabs, and tools to follow the stock. Together they help you connect P/E ratio (currently 18.93) with ownership activity and broader fundamentals.
The Energy average P/E ratio is about 13.82, while NG.L is at 18.93. Typical ranges vary by sub-industry, so always sanity-check against the closest competitors, not just the whole sector bucket.
