National Grid (CHIX:NGL) Peter Lynch Fair Value: £3.76 (As of Jul. 15, 2026) — 83% Above Median

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CHIX:NGL National Grid PLC CHIX:NGL
73 GF Score
Price £12.46
GF Value £7.46
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is National Grid Peter Lynch Fair Value?

National Grid CHIX:NGL +0.48% 73 Peter Lynch Fair Value is £3.76 as of Jul. 15, 2026, which is 100% below its 10-year median of 2.05. GuruFocus rates CHIX:NGL with a GF Score™ of 73/100 and a GF Value™ of £7.46 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 188 Utilities - Regulated companies, National Grid ranks worse than 88.83% on this metric.

Peter Lynch Fair Value applies to growing companies. The ideal range for the growth rate is between 10 - 20% a year. Peter Lynch thinks that the fair P/E value for a growth company equals its growth rate, that is PEG = 1. The earnings here is trailing twelve month (TTM) earnings. For non-bank companies, the growth rate we use is the average growth rate for EBITDA per share over the past 5 years. For Banks, the growth rate we use is the average growth rate for Book Value per share over the past 5 years. If 5-Year Growth Rate is greater than 25% a year, we use 25. If 5-Year Growth Rate is smaller than 5% a year, we do not calculate Peter Lynch Fair Value.

Here, as of today, National Grid's PEG is 1. National Grid's 5-Year TTM EBITDA Growth Rate is 6.46. National Grid's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was £0.58. Therefore, the Peter Lynch Fair Value for today is £3.76.

As of today (2026-07-15), National Grid's share price is £12.4575. National Grid's Peter Lynch fair value is £3.76. Therefore, National Grid's Price to Peter Lynch Fair Value Ratio for today is 3.31.


The historical rank and industry rank for National Grid's Peter Lynch Fair Value or its related term are showing as below:

CHIX:NGl' s Price-to-Peter-Lynch-Fair-Value Range Over the Past 10 Years
Min: 1.08   Med: 2.05   Max: 3.38
Current: 3.32


During the past 13 years, the highest Price to Peter Lynch Fair Value Ratio of National Grid was 3.38. The lowest was 1.08. And the median was 2.05.


CHIX:NGl's Price-to-Peter-Lynch-Fair-Value is ranked worse than
88.83% of 188 companies
in the Utilities - Regulated industry
Industry Median: 1.19 vs CHIX:NGl: 3.32

Note: Please don't confuse Peter Lynch Fair Value with the value reached in Peter Lynch Chart.


National Grid  (CHIX:NGl) Peter Lynch Fair Value Explanation

Peter Lynch Fair Value applies to growing companies. The ideal range for the growth rate is between 10 - 20% a year.

Peter Lynch thinks that the fair P/E value for a growth company equals its growth rate, that is PEG = 1. The earnings here is trailing twelve month (TTM) earnings. For non-bank companies, the growth rate we use is the average growth rate for EBITDA per share over the past 5 years. For Banks, the growth rate we use is the average growth rate for Book Value per share over the past 5 years.

Please don't confuse Peter Lynch Fair Value with the value reached in Peter Lynch Chart. In Peter Lynch chart, a fixed P/E ratio of 15 is used to draw the Earnings Line. Therefore the value reached has a P/E ratio of 15. But in Peter Lynch Fair Value calculation, P/E equals to the growth rate of EBITDA per share over the past 5 years, which is 6.46 instead of 15 in this case.

National Grid's Price to Peter Lynch Fair Value Ratio for today is calculated as

Price to Peter Lynch Fair Value=Share Price/Peter Lynch Fair Value
=12.4575/3.76
=3.31

* 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.


National Grid Peter Lynch Fair Value Related Terms


National Grid Peter Lynch Fair Value Historical Data

* Premium members only.

The historical data trend for National Grid's Peter Lynch Fair Value 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.

National Grid Peter Lynch Fair Value Chart

National Grid Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Peter Lynch Fair Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 3.86 9.11 6.84 3.75

National Grid Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Peter Lynch Fair Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.11 0.00 6.84 0.00 3.75

CHIX:NGL vs NEE, SO, DUK: Peter Lynch Fair Value Comparison

For the Utilities - Regulated Electric subindustry, National Grid's Price-to-Peter-Lynch-Fair-Value, along with its competitors' market caps and Price-to-Peter-Lynch-Fair-Value 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 Price-to-Peter-Lynch-Fair-Value vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, National Grid's Price-to-Peter-Lynch-Fair-Value distribution charts can be found below:

* The bar in red indicates where National Grid's Price-to-Peter-Lynch-Fair-Value falls into.


CHIX:NGL
73GF Score
National Grid PLC CHIX:NGL
Peter Lynch Fair Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

National Grid Peter Lynch Fair Value Calculation

National Grid's Peter Lynch Fair Value for today is calculated as

Peter Lynch Fair Value=PEG Ratio*5-Year TTM EBITDA Growth Rate***EPS without NRI (TTM)
=1* 6.46 *0.582
=3.76

For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. National Grid's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was £0.58.


* 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.

** Please be aware that the 5-Year TTM EBITDA Growth Rate is calculated based on TTM data over the last 5 years. For quarterly reported companies, the TTM data adds up the quarterly data reported by the company within the most recent 12 months. For companies that report semi-annually, annually, or do not have enough quarterly data, GuruFocus uses the annual data as the TTM data.

If 5-Year Earnings Growth Rate is greater than 25% a year, we use 25.

If 5-Year Earnings Growth Rate is smaller than 5% a year, we do not calculate Peter Lynch Fair Value.

Please note that we use the 5-year average growth rate of EBITDA per share as the growth rate for non-bank companies, as EBITDA growth is subject to less manipulations than net earnings per share. For banks, we use the 5-year average growth rate of Book Value per share as the growth rate. The reason is that EBITDA is not applicable to Banks and Book value is a relative important measurement for Banks. In the calculation, PEG=1 because Peter Lynch thinks that the fair P/E ratio of the growth stock is equal to its earnings growth rate.

Frequently Asked Questions Learn more about Peter Lynch Fair Value →
What does a Peter Lynch Fair Value of £3.76 mean?
National Grid (CHIX:NGL) has a Peter Lynch Fair Value of £3.76 as of Jul. 15, 2026. Peter Lynch Fair Value is the stock value based on a company's current earnings and five-year earnings growth, assuming a PEG of one. View historical data on National Grid and its competitors. This is 83% above median its historical median of 2.05. Over the past decade, National Grid's Peter Lynch Fair Value has ranged from 1.08 to 3.38. According to the industry distribution chart, National Grid ranks #167 out of 188 companies in the Utilities - Regulated industry, placing it in the top 88.8%.
Is National Grid's Peter Lynch Fair Value too high?
National Grid's current Peter Lynch Fair Value of £3.76 is 83% above median its 10-year median of 2.05. Over the past 10 years, this metric has ranged from a low of 1.08 to a high of 3.38. Based on the distribution chart, National Grid ranks #167 out of 188 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, National Grid has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Grid's Peter Lynch Fair Value compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, National Grid ranks #167 out of 188 companies for Peter Lynch Fair Value. This places National Grid in the lower half of its industry. The industry median Peter Lynch Fair Value is 1.19. Historically, National Grid's own Peter Lynch Fair Value has ranged from 1.08 to 3.38 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Peter Lynch Fair Value for an Utilities - Regulated company?
The median Peter Lynch Fair Value among Utilities - Regulated companies is 1.19, based on 188 companies in the industry. Companies in the top quartile (top 25%) have a Peter Lynch Fair Value significantly above this median, while those in the bottom quartile fall well below. However, Peter Lynch Fair Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Peter Lynch Fair Value mean?
A high Peter Lynch Fair Value can signal that a stock is expensive relative to its fundamentals. Peter Lynch Fair Value is the stock value based on a company's current earnings and five-year earnings growth, assuming a PEG of one. View historical data on National Grid and its competitors. For the Utilities - Regulated industry, the median Peter Lynch Fair Value is 1.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Grid's current Peter Lynch Fair Value is £3.76, which is 83% above median its own 10-year median of 2.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Grid stock overvalued right now?
Based on GuruFocus' analysis, National Grid (CHIX:NGL) is currently considered Significantly Overvalued. The stock's GF Value™ is £7.46, compared to a current price of £12.46 — trading 67% above its estimated fair value. The current Peter Lynch Fair Value is £3.76, which is 83% above median its 10-year median of 2.05. National Grid's overall GF Score™ is 73/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Peter Lynch Fair Value calculated?
Peter Lynch Fair Value is calculated from a company's financial statements. For National Grid (CHIX:NGL), the current Peter Lynch Fair Value is £3.76 as of Jul. 15, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is National Grid (CHIX:NGL) Overvalued in 2026?

Based on GuruFocus' analysis, National Grid stock appears to be overvalued. The current stock price of £12.46 is trading 67% above its estimated GF Value™ of £7.46. GuruFocus considers National Grid to be Significantly Overvalued.

Key valuation signals for CHIX:NGL:

  • Peter Lynch Fair Value: £3.76 (83% above median its 10-year median of 2.05)
  • GF Value™: £7.46 vs. price of £12.46 (67% above fair value)
  • GF Score™: 73/100 with 5 warning signs

No single metric tells the full story. See the CHIX:NGL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


National Grid Business Description

Address 1-3 Strand, London, GBR, WC2N 5EH
National Grid owns and operates the electric transmission system in England and Wales. It sold the bulk of its UK gas transmission business in fiscal 2023 to fund the acquisition of PPL's UK power distribution assets. In the Northeastern United States, it serves electricity and gas customers combined in three states. It also owns regulated transmission electricity networks in the United States, metering services and merchant transmission lines in the UK.
73GF Score

Get the complete analysis for CHIX:NGL

Peter Lynch Fair Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£12.46
Price
£7.46
GF Value