As at Jul 25, 2024, the NI stock has a price-to-earnings ratio of 19.43. This is based on the current EPS of $1.6 and the stock price of $31.08 per share. An increase of 16% has been recorded in the PE ratio compared to the average of 16.7 of the past four quarters.
The mean historical PE ratio of Nisource over the last ten years is 30.14. The current 19.43 price-to-earnings ratio is 36% 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 DUK and CPK, but it is above SRE's and ATO's. Nisource is presently trading at a lower PE ratio (19.43) than its peer group average of 24.8.
| Stock name | PE ratio | Market cap |
|---|---|---|
| SRE Sempra Energy | 17.3 | $49.71B |
| ATO Atmos Energy Corp | 19.03 | $19.03B |
| NI Nisource Inc | 19.58 | $14.05B |
| CPK Chesapeake Utilities Corp | 24.99 | $2.66B |
| DUK Duke Energy CORP | 27.14 | $83.37B |
| GNE Genie Energy Ltd | 36.59 | $456.61M |
As of Jul 25, 2024, NI stock has a price to earnings ratio of 19.43.
The 3-year average PE ratio for NI stock is 17.51.
The 5-year average PE ratio for NI stock is 25.79.
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 36% 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 (Jul 25, 2024), Nisource's stock price is $31.08. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $1.6. Therefore, Nisource's price to earnings ratio for today is 19.43. PE RATIO(19.43) = STOCK PRICE($31.08) / TTM EPS($1.6)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.