National Grid
NGG
$57.86
Share price
-0.40%
Change (1 day)
-13.81%
Change (1 year)
National Grid (NGG) - P/B ratio
P/B ratio as of June 2024 : 1.48
According to National Grid's latest financial reports the company has a price-to-book ratio of 1.48.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.
National Grid - P/B ratio (from 2001 to 2024)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2024-12-31 | N/A | -100% |
| 2023-12-31 | 1.40 | -8.39% |
| 2022-12-31 | 1.52 | -18.41% |
| 2021-12-31 | 1.87 | 6.17% |
| 2020-12-31 | 1.76 | -4.62% |
| 2019-12-31 | 1.84 | 41.03% |
| 2018-12-31 | 1.31 | -25.59% |
| 2017-12-31 | 1.76 | -34.79% |
| 2016-12-31 | 2.69 | -3.32% |
| 2015-12-31 | 2.79 | 2.18% |
| 2014-12-31 | 2.73 | 2.12% |
| 2013-12-31 | 2.67 | -4.96% |
| 2012-12-31 | 2.81 | 6.03% |
| 2011-12-31 | 2.65 | -6.82% |
| 2010-12-31 | 2.84 | -50.9% |
| 2009-12-31 | 5.79 | 76.45% |
| 2008-12-31 | 3.28 | -22.1% |
| 2007-12-31 | 4.21 | -41.04% |
| 2006-12-31 | 7.15 | 14.88% |
| 2005-12-31 | 6.22 | 28.6% |
| 2004-12-31 | 4.84 | -61.48% |
| 2003-12-31 | 12.6 | 189.04% |
| 2002-12-31 | 4.35 |
P/B ratio for similar companies or competitors
| Company | P/B ratio | differencediff. | Country |
|---|---|---|---|
 BP BP | 1.22 | -17.19% | 🇬🇧 UK |
 Consolidated Edison ED | 1.48 | 0.05% | 🇺🇸 USA |
 DTE Energy
DTE | 2.09 | 41.19% | 🇺🇸 USA |
 Sempra Energy SRE | 1.36 | -8.09% | 🇺🇸 USA |
 NiSource
NI | 1.28 | -13.38% | 🇺🇸 USA |
 TC Energy
TRP | 1.34 | -9.40% | 🇨🇦 Canada |
 Unitil Corporation
UTL | 1.63 | 10.41% | 🇺🇸 USA |