National Grid PLC (NEWEN) stock
NEWENOTCNatural Gas TransmissionFiscal year ends March 31Also trades as NGG, NGGTF, NMKBP, NMKCP, NMPWP
$100.29+0.00 (0.00%)
Close on Oct 19, 2026Market cap $104.28BP/E 23.0Yield –
National Grid pe ratio
The price-to-earnings ratio is the share price divided by diluted earnings per share over the trailing twelve months.
National Grid's pe ratio was 18.3× on Oct 19, 2026, against 18.7× a year earlier. Over the last 5 years it ranged from 4.6× to 25.5×, with a median of 17.5×.
PE Ratio at the end of each year
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| 2026 | Oct 19, 2026 | 18.3× | −0.4 |
| 2025 | Dec 31, 2025 | 18.7× | +2.1 |
| 2024 | Dec 31, 2024 | 16.6× | +11.2 |
| 2023 | Dec 29, 2023 | 5.4× | −9.9 |
| 2022 | Dec 30, 2022 | 15.4× | −7.8 |
| 2021 | Dec 31, 2021 | 23.1× | −0.7 |
| 2020 | Dec 31, 2020 | 23.8× | +2.5 |
| 2019 | Dec 31, 2019 | 21.3× | +13.9 |
| 2018 | Dec 31, 2018 | 7.4× | +3.1 |
| 2017 | Dec 29, 2017 | 4.2× | −9.6 |
| 2016 | Dec 30, 2016 | 13.8× | – |