As at Apr 25, 2024, the NI stock has a price-to-earnings ratio of 17.67. This is based on the current EPS of $1.59 and the stock price of $28.1 per share. An increase of 5% has been recorded in the PE ratio compared to the average of 16.8 of the past four quarters.
The mean historical PE ratio of Nisource over the last ten years is 30.3. The current 17.67 price-to-earnings ratio is 42% 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 lower than the 3, 5 and 10-year averages.
NI's PE ratio is less than its peer stocks DUK and ATO, but it is above SRE's. Nisource is presently trading at a lower PE ratio (17.67) than its peer group average of 21.02.
| Stock name | PE ratio | Market cap |
|---|---|---|
| SRE Sempra Energy | 14.96 | $45.5B |
| NI Nisource Inc | 17.67 | $12.58B |
| ATO Atmos Energy Corp | 18.88 | $17.82B |
| GNE Genie Energy Ltd | 20.93 | $429.55M |
| CPK Chesapeake Utilities Corp | 22.35 | $2.36B |
| DUK Duke Energy CORP | 27.97 | $76.33B |
As of Apr 25, 2024, NI stock has a price to earnings ratio of 17.67.
The 3-year average PE ratio for NI stock is 20.14.
The 5-year average PE ratio for NI stock is 30.51.
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 42% 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 (Apr 25, 2024), Nisource's stock price is $28.1. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $1.59. Therefore, Nisource's price to earnings ratio for today is 17.67. PE RATIO(17.67) = STOCK PRICE($28.1) / TTM EPS($1.59)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.