According to National Grid's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2007 the company had a P/E ratio of 7.68.
Year | P/E ratio | Change |
---|---|---|
2007 | 7.68 | -58.89% |
2006 | 18.7 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
BP BP | 4.48 | N/A | ๐ฌ๐ง UK |
Consolidated Edison ED | 13.7 | N/A | ๐บ๐ธ USA |
DTE Energy
DTE | 18.5 | N/A | ๐บ๐ธ USA |
Sempra Energy SRE | 18.4 | N/A | ๐บ๐ธ USA |
NiSource
NI | 17.6 | N/A | ๐บ๐ธ USA |
TC Energy
TRP | 52.0 | N/A | ๐จ๐ฆ Canada |
Unitil Corporation
UTL | 19.4 | N/A | ๐บ๐ธ USA |
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.