PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The growth rate we use is the 5-Year EBITDA growth rate. As of today, National Grid's PE Ratio without NRI is 15.63. National Grid's 5-Year EBITDA growth rate is 6.50%. Therefore, National Grid's PEG Ratio for today is 2.40.
* The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.
The historical rank and industry rank for National Grid's PEG Ratio or its related term are showing as below:
NGG'
s PEG Ratio Range Over the Past 10 Years
Min: 2.25 Med: 2.76 Max: 9.99
Current: 2.4
During the past 13 years, National Grid's highest PEG Ratio was 9.99. The lowest was 2.25. And the median was 2.76.
NGG's PEG Ratio is ranked worse than 61.67% of 287
companies
in the Utilities - Regulated industry
Industry Median: 1.5
vs NGG: 2.40
Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.
National Grid PEG Ratio Historical Data
The historical data trend for National Grid's PEG Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of National Grid's PEG Ratio
For the Utilities - Regulated Electric subindustry, National Grid's PEG Ratio, along with its competitors' market caps and PEG Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
National Grid's PEG Ratio Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, National Grid's PEG Ratio distribution charts can be found below:
* The bar in red indicates where National Grid's PEG Ratio falls into.
National Grid PEG Ratio Calculation
PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio.
The ratio we use is the 5-Year EBITDA growth rate.
National Grid's PEG Ratio for today is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Note: The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.
National Grid (NYSE:NGG) PEG Ratio Explanation
To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.
National Grid PEG Ratio Related Terms
Thank you for viewing the detailed overview of National Grid's PEG Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
National Grid (National Grid) Business Description
National Grid owns and operates the electric transmission system in England and Wales. It sold the bulk of its U.K. gas transmission business in fiscal 2023 to fund the acquisition of PPL's U.K. power distribution assets. In the Northeastern United States, it serves electricity and gas customers combined in three states. It also owns regulated transmission and electricity generation in the United States, metering services, merchant transmission lines in the U.K., and the Grain (U.K.) liquefied natural gas facility.
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