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NiSource Inc

NiSource P/E Ratio

NiSource (NI) has a P/E ratio of 22.43, above the Utilities sector average of 20.33.

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P/E Ratio

22.43

P/E Ratio

22.43

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.

Average P/E Ratio (Comparison Companies)

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P/E Ratio History

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P/E Ratio Comparison

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NiSource (NI) FAQ

NiSource (NI) currently reports a P/E ratio of 22.43. That is above the Utilities sector average of 20.33. Use the charts on this page to explore NiSource's P/E ratio history and peer comparisons.

NiSource's P/E ratio of 22.43 is higher than the Utilities sector average of 20.33. That is roughly 10.4% above the sector mean. A reading higher peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.

The P/E ratio is a valuation multiple that relates NiSource's market price to a fundamental measure such as earnings, sales, or book value. At 22.43, NI can look expensive or cheap only in context — versus its own history, growth rate, and Utilities peers. Higher multiples often price in stronger expected growth; lower ones can signal value or concern.

Start with the current P/E ratio of 22.43, then check the historical chart for trend and the peer comparison chart for relative positioning. The Utilities average is 20.33. From there, open related valuation or income-statement pages for NiSource, and consider following NI for alerts when major investors trade the stock.

NiSource is classified in the Utilities sector. On P/E ratio, it currently shows 22.43 versus a sector average near 20.33. Sector peers often share similar capital intensity and growth regimes, so relative rankings inside Utilities are usually more informative than comparing NI with unrelated industries.