As at Dec 20, 2024, the NI stock has a price-to-earnings ratio of 21.4. This is based on the current EPS of $1.69 and the stock price of $36.17 per share. An increase of 20% has been recorded in the PE ratio compared to the average of 17.9 of the past four quarters.
The mean historical PE ratio of Nisource over the last ten years is 29.64. The current 21.4 price-to-earnings ratio is 28% less than the historical average. In the past ten years, NI's PE ratio reached its highest point in the Jun 2019 quarter at 92.9, with a price of $28.8 and an EPS of $0.31. The Dec 2022 quarter saw the lowest point at 14.9, with a price of $27.42 and an EPS of $1.84.
Maximum annual increase: 206.14% in 2017
Maximum annual decrease: -27.14% in 2022
Year | PE ratio | Change |
---|---|---|
2023 | 16.7 | 12.08% |
2022 | 14.9 | -27.14% |
2021 | 20.45 | N/A |
2020 | N/A | N/A |
2019 | 31.64 | N/A |
2018 | N/A | N/A |
2017 | 65.82 | 206.14% |
2016 | 21.5 | -0.83% |
2015 | 21.68 | -14.14% |
2014 | 25.25 | 30.56% |
The current PE ratio of NI is above its 3-year historical average, but it is lower than the 5 and 10-year averages.
NI's PE ratio is less than its peer stocks CPK and GNE, but it is above DUK's and SRE's. Nisource is presently trading at a higher PE ratio (21.4) than its peer group average of 20.88.
Stock name | PE ratio | Market cap |
---|---|---|
SRE Sempra Energy | 18.95 | $54.99B |
DUK Duke Energy CORP | 19.9 | $83.64B |
ATO Atmos Energy Corp | 20.45 | $21.71B |
NI Nisource Inc | 21.4 | $16.88B |
CPK Chesapeake Utilities Corp | 24.2 | $2.72B |
GNE Genie Energy Ltd | 181 | $393.85M |
As of Dec 20, 2024, NI stock has a price to earnings ratio of 21.4.
The 3-year average PE ratio for NI stock is 17.43.
The 5-year average PE ratio for NI stock is 25.06.
Over the last ten years, the quarterly PE ratio reached a historic high of 92.9 in the Jun 2019 quarter.
NI's current price to earnings ratio is 28% below its 10-year historical average.
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Dec 20, 2024), Nisource's stock price is $36.17. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $1.69. Therefore, Nisource's price to earnings ratio for today is 21.4. PE RATIO(21.4) = STOCK PRICE($36.17) / TTM EPS($1.69)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.