National Grid PLC (NEWEN) stock

NEWENOTCNatural Gas TransmissionFiscal year ends March 31Also trades as NGG, NGGTF, NMKBP, NMKCP, NMPWP

Financials through fiscal 2026, year ended Mar 31, 2026Last filing: 20-F on Jun 3, 2026Score 3/30

$100.29+0.00 (0.00%)

Close on Oct 19, 2026Market cap $104.28BP/E 23.0Yield –

National Grid price to book ratio

The price-to-book ratio is market cap divided by shareholders' equity.

National Grid's price to book ratio was 1.5× on Oct 19, 2026, against 1.4× a year earlier. Over the last 5 years it ranged from 1.1× to 2.1×, with a median of 1.4×.

Price to Book Ratio at the end of each year

Period	Period end	Value	Change (pts)
2026	Oct 19, 2026	1.5×	+0.0
2025	Dec 31, 2025	1.5×	+0.4
2024	Dec 31, 2024	1.1×	−0.4
2023	Dec 29, 2023	1.4×	+0.0
2022	Dec 30, 2022	1.4×	−0.5
2021	Dec 31, 2021	1.9×	+0.4
2020	Dec 31, 2020	1.5×	−0.1
2019	Dec 31, 2019	1.6×	+0.3
2018	Dec 31, 2018	1.4×	−0.3
2017	Dec 29, 2017	1.6×	–

Where these numbers come from

Parsed from the XBRL in National Grid's annual and quarterly filings with the SEC
Fourth quarters derived from the annual report minus nine months
Every figure in the statements links to its source filing

Against peers

Trailing twelve months. Peers are matched on business description, industry and size. Ticks are peers, the dot is NEWEN.

Compare: NEWEN vs TRP · NEWEN vs KMI · NEWEN vs TRGP · NEWEN vs WMB · NEWEN vs EPD

Revenue growth-3.8% · median 7.8%

Operating margin30.7% · median 26.0%

Net margin18.3% · median 16.4%

Company	Revenue	Growth
EPD	$58.47B	+6.8%
KMI	$17.96B	+12.5%
NEWEN	£17.69B	-3.8%
TRGP	$16.74B	-2.0%
WMB	$12.20B	+8.7%
TRP	–	–

Company

Exchange: OTC
Industry: Natural Gas Transmission
Fiscal year ends: March 31
Employees: 33,017
Auditor: Deloitte LLP
SEC CIK: 1004315

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National Grid price to book ratio

Price to Book Ratio at the end of each year

More National Grid figures