Naturgy Energy GroupWBO:GAS +1.25%66 PE Ratio (TTM) is 12.68 as of Jul. 03, 2026, which is 8% below its 10-year median of 13.73. GuruFocus rates WBO:GAS with a GF Score™ of 66/100 and a GF Value™ of €22.45 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 447 Utilities - Regulated companies, Naturgy Energy Group ranks better than 61.97% on this metric.
The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2026-07-03), Naturgy Energy Group's share price is
€27.52.
Naturgy Energy Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €2.17. Therefore, Naturgy Energy Group's PE Ratio (TTM) for today is 12.68.
Warning Sign:
Naturgy Energy Group SA stock PE Ratio (=12.87) is close to 2-year high of 13.9.
The historical rank and industry rank for Naturgy Energy Group's PE Ratio (TTM) or its related term are showing as below:
WBO:GAS'
s PE Ratio (TTM) Range Over the Past 10 Years
Min: 9.51 Med: 13.73 Max: 23.48
Current: 12.7
During the past 13 years, the highest PE Ratio (TTM) of Naturgy Energy Group was 23.48. The lowest was 9.51. And the median was 13.73.
WBO:GAS's PE Ratio (TTM) is ranked better than 61.97% of 447
companies
in the Utilities - Regulated industry
Industry Median: 15.56
vs WBO:GAS: 12.70
During the past 12 months, Naturgy Energy Group's average EPS without NRIGrowth Rate was 11.70% per year.
During the past 3 years, the average EPS without NRIGrowth Rate was 5.00% per year.
During the past 5 years, the average EPS without NRIGrowth Rate was 17.70% per year.
During the past 10 years, the average EPS without NRIGrowth Rate was 7.60% per year.
During the past 13 years, Naturgy Energy Group's highest 3-Year average EPS without NRI Growth Rate was 354.80% per year. The lowest was -79.80% per year. And the median was 2.00% per year.
Naturgy Energy Group (WBO:GAS) PE Ratio (TTM) Explanation
The PE Ratio (TTM) can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio (TTM) is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.
In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio (TTM) is positive. Also for stocks with the same PE Ratio (TTM), the one with faster growth business is more attractive.
If a company loses money, the PE Ratio (TTM) becomes meaningless.
To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio (TTM) divided by the growth ratio. He thinks a company with a PE Ratio (TTM) equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio (TTM) of 20, instead of a company growing 10% a year with a PE Ratio (TTM) of 10.
Because the PE Ratio (TTM) measures how long it takes to earn back the price you pay, the PE Ratio (TTM) can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.
Investors need to be aware that the PE Ratio (TTM) can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratio (TTM)s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio (TTM) is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .
PE Ratio (TTM) can also be affected by non-recurring-items such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio (TTM).
Naturgy Energy Group PE Ratio (TTM) Related Terms
Naturgy Energy Group PE Ratio (TTM) Historical Data
* Premium members only.
The historical data trend for Naturgy Energy Group's PE Ratio (TTM) 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.
WBO:GAS vs ATO, NI, UGI: PE Ratio (TTM) Comparison
For the Utilities - Regulated Gas subindustry, Naturgy Energy Group's PE Ratio (TTM), along with its competitors' market caps and PE Ratio (TTM) 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.
Naturgy Energy Group PE Ratio (TTM) vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Naturgy Energy Group's PE Ratio (TTM) distribution charts can be found below:
* The bar in red indicates where Naturgy Energy Group's PE Ratio (TTM) falls into.
The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.
Naturgy Energy Group's Share Price of today is €27.52.
For company reported semi-annually, Naturgy Energy Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was €2.17.
* 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.
It can also be calculated from the numbers for the whole company:
There are at least three kinds of PE Ratio (TTM)s used by different investors. They are Trailing Twelve Month PE Ratio (TTM) or PE Ratio (TTM) (TTM), Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio (TTM) based on inflation-adjusted normalized PE Ratio (TTM) is called Shiller PE Ratio, after Yale professor Robert Shiller.
In the calculation of PE Ratio (TTM), the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.
For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.
Naturgy Energy Group (WBO:GAS) has a PE Ratio (TTM) of 12.68 as of Jul. 03, 2026. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on Naturgy Energy Group and its competitors. This is near median its historical median of 13.73. Over the past decade, Naturgy Energy Group's PE Ratio (TTM) has ranged from 9.51 to 23.48. According to the industry distribution chart, Naturgy Energy Group ranks #170 out of 447 companies in the Utilities - Regulated industry, placing it in the top 38%.
Is Naturgy Energy Group's PE Ratio (TTM) too high?
Naturgy Energy Group's current PE Ratio (TTM) of 12.68 is near median its 10-year median of 13.73. Over the past 10 years, this metric has ranged from a low of 9.51 to a high of 23.48. The Utilities - Regulated industry median PE Ratio (TTM) is 15.56. Naturgy Energy Group's value of 12.68 is 18.5% below this industry median. Based on the distribution chart, Naturgy Energy Group ranks #170 out of 447 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Naturgy Energy Group has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Naturgy Energy Group's PE Ratio (TTM) compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Naturgy Energy Group ranks #170 out of 447 companies for PE Ratio (TTM). This puts Naturgy Energy Group in the upper half of its industry. The industry median PE Ratio (TTM) is 15.56. Naturgy Energy Group's value of 12.68 is 18.5% below this benchmark. Historically, Naturgy Energy Group's own PE Ratio (TTM) has ranged from 9.51 to 23.48 over the past decade. While the company's 10-year median is 13.73 vs. the industry median of 15.56, Naturgy Energy Group has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PE Ratio (TTM) for an Utilities - Regulated company?
The median PE Ratio (TTM) among Utilities - Regulated companies is 15.56, based on 447 companies in the industry. Companies in the top quartile (top 25%) have a PE Ratio (TTM) significantly above this median, while those in the bottom quartile fall well below. However, PE Ratio (TTM) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Naturgy Energy Group's current PE Ratio (TTM) of 12.68 is 18.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PE Ratio (TTM) mean?
A high PE Ratio (TTM) can signal that a stock is expensive relative to its fundamentals. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on Naturgy Energy Group and its competitors. For the Utilities - Regulated industry, the median PE Ratio (TTM) is 15.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Naturgy Energy Group's current PE Ratio (TTM) is 12.68, which is near median its own 10-year median of 13.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Naturgy Energy Group stock overvalued right now?
Based on GuruFocus' analysis, Naturgy Energy Group (WBO:GAS) is currently considered Modestly Overvalued. The stock's GF Value™ is €22.45, compared to a current price of €27.52 — trading 22.6% above its estimated fair value. The current PE Ratio (TTM) is 12.68, which is near median its 10-year median of 13.73 and 18.5% below the Utilities - Regulated industry median of 15.56. Naturgy Energy Group's overall GF Score™ is 66/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PE Ratio (TTM) calculated?
PE Ratio (TTM) is calculated from a company's financial statements. For Naturgy Energy Group (WBO:GAS), the current PE Ratio (TTM) is 12.68 as of Jul. 03, 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 Naturgy Energy Group (WBO:GAS) Overvalued in 2026?
Based on GuruFocus' analysis, Naturgy Energy Group stock appears to be overvalued.
The current stock price of €27.52 is trading 22.6% above its estimated GF Value™ of €22.45.
GuruFocus considers Naturgy Energy Group to be Modestly Overvalued.
Key valuation signals for WBO:GAS:
PE Ratio (TTM): 12.68 (near median its 10-year median of 13.73)
GF Value™: €22.45 vs. price of €27.52 (22.6% above fair value)
Industry Position: 18.5% below the Utilities - Regulated median (#170 of 447)
No single metric tells the full story. See the WBO:GAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Naturgy stems from the 2008 acquisition of Union Fenosa. The company operates across the gas value chain, from procurement to distribution and marketing. It owns and operates the largest gas distribution network in Spain, where it is also the leading retail gas supplier. The company additionally operates gas and electricity distribution networks across several Latin American countries. It owns 17.9 GW of generation capacity, including 7.3 GW of wind and solar.
66GF Score
Get the complete analysis for WBO:GAS
PE Ratio (TTM) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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