Historical Valuation
National Grid PLC (NGG) is now in the Fair zone, suggesting that its current forward PE ratio of 14.14 is considered Fairly compared with the five-year average of 13.29. The fair price of National Grid PLC (NGG) is between 62.07 to 100.59 according to relative valuation methord.
Relative Value
Fair Zone
62.07-100.59
Current Price：79.39
Fair
P/E
EV/EBITDA
EV/EBIT
P/S
P/OCF
P/FCF
1Y
3Y
5Y
Trailing
Forward
National Grid PLC (NGG) has a current Price-to-Book (P/B) ratio of 1.53. Compared to its 3-year average P/B ratio of 1.76 , the current P/B ratio is approximately -12.87% higher. Relative to its 5-year average P/B ratio of 1.70, the current P/B ratio is about -9.61% higher. National Grid PLC (NGG) has a Forward Free Cash Flow (FCF) yield of approximately -2.47%. Compared to its 3-year average FCF yield of -0.36%, the current FCF yield is approximately 585.34% lower. Relative to its 5-year average FCF yield of 0.44% , the current FCF yield is about -666.46% lower.
P/B
Median3y
1.76
Median5y
1.70
FCF Yield
Median3y
-0.36
Median5y
0.44
Competitors Valuation Multiple
AI Analysis for NGG
The average P/S ratio for NGG competitors is 2.56, providing a benchmark for relative valuation. National Grid PLC Corp (NGG.N) exhibits a P/S ratio of 2.81, which is 9.84% above the industry average. Given its robust revenue growth of %, this premium appears unsustainable.
Performance Decomposition
AI Analysis for NGG
1Y
3Y
5Y
Market capitalization of NGG increased by 0.00% over the past 1 year. The primary factor behind the change was an decrease in Unknown from 0.00 to 0.00.
The secondary factor is the Unknown, contributed 0.00%to the performance.
Overall, the performance of NGG in the past 1 year is driven by Unknown.
People Also Watch
Frequently Asked Questions
Is NGG currently overvalued or undervalued?
National Grid PLC (NGG) is now in the Fair zone, suggesting that its current forward PE ratio of 14.14 is considered Fairly compared with the five-year average of 13.29. The fair price of National Grid PLC (NGG) is between 62.07 to 100.59 according to relative valuation methord.
What is National Grid PLC (NGG) fair value?
NGG's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average , adjusted by weights. The fair price of National Grid PLC (NGG) is between 62.07 to 100.59 according to relative valuation methord.
How does NGG's valuation metrics compare to the industry average?
The average P/S ratio for NGG's competitors is 2.56, providing a benchmark for relative valuation. National Grid PLC Corp (NGG) exhibits a P/S ratio of 2.81, which is 9.84% above the industry average. Given its robust revenue growth of %, this premium appears unsustainable.
What is the current P/B ratio for National Grid PLC (NGG) as of Jan 09 2026?
As of Jan 09 2026, National Grid PLC (NGG) has a P/B ratio of 1.53. This indicates that the market values NGG at 1.53 times its book value.
What is the current FCF Yield for National Grid PLC (NGG) as of Jan 09 2026?
As of Jan 09 2026, National Grid PLC (NGG) has a FCF Yield of -2.47%. This means that for every dollar of National Grid PLC’s market capitalization, the company generates -2.47 cents in free cash flow.
What is the current Forward P/E ratio for National Grid PLC (NGG) as of Jan 09 2026?
As of Jan 09 2026, National Grid PLC (NGG) has a Forward P/E ratio of 14.14. This means the market is willing to pay $14.14 for every dollar of National Grid PLC’s expected earnings over the next 12 months.
What is the current Forward P/S ratio for National Grid PLC (NGG) as of Jan 09 2026?
As of Jan 09 2026, National Grid PLC (NGG) has a Forward P/S ratio of 2.81. This means the market is valuing NGG at $2.81 for every dollar of expected revenue over the next 12 months.