National Grid Plc Stock Price To Earning
NGGTF Stock | USD 12.30 0.90 6.82% |
National Grid plc fundamentals help investors to digest information that contributes to National Grid's financial success or failures. It also enables traders to predict the movement of National Pink Sheet. The fundamental analysis module provides a way to measure National Grid's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to National Grid pink sheet.
National |
National Grid plc Company Price To Earning Analysis
National Grid's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current National Grid Price To Earning | 21.04 X |
Most of National Grid's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, National Grid plc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Competition |
Based on the latest financial disclosure, National Grid plc has a Price To Earning of 21.04 times. This is 30.33% lower than that of the Utilities sector and significantly higher than that of the Utilities—Regulated Electric industry. The price to earning for all United States stocks is 26.74% higher than that of the company.
National Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses National Grid's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of National Grid could also be used in its relative valuation, which is a method of valuing National Grid by comparing valuation metrics of similar companies.National Grid is currently under evaluation in price to earning category among its peers.
National Fundamentals
Return On Equity | 0.13 | |||
Return On Asset | 0.031 | |||
Profit Margin | 0.15 % | |||
Operating Margin | 0.22 % | |||
Current Valuation | 102.14 B | |||
Shares Outstanding | 3.68 B | |||
Shares Owned By Insiders | 0.12 % | |||
Shares Owned By Institutions | 50.99 % | |||
Price To Earning | 21.04 X | |||
Price To Book | 1.46 X | |||
Price To Sales | 2.21 X | |||
Revenue | 18.26 B | |||
Gross Profit | 18.45 B | |||
EBITDA | 6.43 B | |||
Net Income | 2.35 B | |||
Cash And Equivalents | 3.35 B | |||
Cash Per Share | 0.92 X | |||
Total Debt | 32.89 B | |||
Debt To Equity | 1.95 % | |||
Current Ratio | 0.73 X | |||
Book Value Per Share | 7.10 X | |||
Cash Flow From Operations | 6.27 B | |||
Earnings Per Share | 0.98 X | |||
Price To Earnings To Growth | 5.56 X | |||
Number Of Employees | 29.29 K | |||
Beta | 0.3 | |||
Market Capitalization | 47.28 B | |||
Total Asset | 94.86 B | |||
Retained Earnings | 15.05 B | |||
Working Capital | (2.14 B) | |||
Current Asset | 6.42 B | |||
Current Liabilities | 8.56 B | |||
Z Score | 0.6 | |||
Annual Yield | 0.05 % | |||
Five Year Return | 5.27 % | |||
Net Asset | 94.86 B | |||
Last Dividend Paid | 0.52 |
About National Grid Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze National Grid plc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of National Grid using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of National Grid plc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in National Pink Sheet
When determining whether National Grid plc is a strong investment it is important to analyze National Grid's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact National Grid's future performance. For an informed investment choice regarding National Pink Sheet, refer to the following important reports:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National Grid plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.