P/E ratio for NiSource (NI)
P/E ratio as of March 2023 (TTM): 18.7
According to NiSource 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.7376. At the end of 2015 the company had a P/E ratio of 21.4.
P/E ratio history for NiSource from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2015 | 21.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Atmos Energy ATO | 15.2 | -18.78% | 🇺🇸 USA |
 Sempra Energy SRE | 19.9 | 6.25% | 🇺🇸 USA |
 Duke Energy DUK | 16.0 | -14.54% | 🇺🇸 USA |
 Chesapeake Utilities
CPK | 24.6 | 31.28% | 🇺🇸 USA |
 Genie Energy
GNE | 4.07 | -78.29% | 🇺🇸 USA |
How to read a P/E ratio?
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.