NI Nisource PE ratio, current and historical analysis
As at Nov 21, 2024, the NI stock has a price-to-earnings ratio of 22.4. This is based on the current EPS of $1.69 and the stock price of $37.85 per share. An increase of 25% has been recorded in the PE ratio compared to the average of 17.9 of the past four quarters.
NI PE ratio history
The mean historical PE ratio of Nisource over the last ten years is 29.64. The current 22.4 price-to-earnings ratio is 24% 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.
Nisource PE ratio by year
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% |
NI average PE ratio chart
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 PE vs peers
NI's PE ratio is less than its peer stocks CPK and GNE, but it is above DUK's and SRE's. Nisource's current PE ratio of 22.4 is in line with the average of its peer group, which is 22.54.
| Stock name | PE ratio | Market cap |
|---|---|---|
| SRE Sempra Energy | 20.57 | $59.69B |
| DUK Duke Energy CORP | 21.22 | $89.16B |
| ATO Atmos Energy Corp | 22.09 | $23.45B |
| NI Nisource Inc | 22.32 | $17.61B |
| CPK Chesapeake Utilities Corp | 26.56 | $2.99B |
| GNE Genie Energy Ltd | 201.25 | $437.92M |
Frequently asked questions
What is Nisource's PE ratio?
As of Nov 21, 2024, NI stock has a price to earnings ratio of 22.4.
What is the 3-year average PE ratio for Nisource (NI)?
The 3-year average PE ratio for NI stock is 17.43.
What is the 5-year average PE ratio for Nisource (NI)?
The 5-year average PE ratio for NI stock is 25.06.
What is the highest PE ratio for NI?
Over the last ten years, the quarterly PE ratio reached a historic high of 92.9 in the Jun 2019 quarter.
How does the current PE ratio for NI compare to its historical average?
NI's current price to earnings ratio is 24% below its 10-year historical average.
How is NI's PE ratio calculated (Nisource PE ratio formula)?
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Nov 21, 2024), Nisource's stock price is $37.85. 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 22.4. PE RATIO(22.4) = STOCK PRICE($37.85) / TTM EPS($1.69)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.