P/E ratio for NiSource (NI)
P/E ratio as of December 2023 (TTM): 15.8
According to NiSource 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.8272. At the end of 2022 the company had a P/E ratio of 14.9.
P/E ratio history for NiSource from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 14.9 | -26.6% |
| 2021 | 20.3 | -117.7% |
| 2020 | -115 | -462.56% |
| 2019 | 31.6 | -113.73% |
| 2018 | -230 | -450.13% |
| 2017 | 65.8 | 203.24% |
| 2016 | 21.7 | 1.24% |
| 2015 | 21.4 | 117.38% |
| 2014 | 9.86 | 30.54% |
| 2013 | 7.56 | 10.47% |
| 2012 | 6.84 | -22.51% |
| 2011 | 8.83 | 30.03% |
| 2010 | 6.79 | -11.27% |
| 2009 | 7.65 | -48.53% |
| 2008 | 14.9 | 134.29% |
| 2007 | 6.34 | -30.33% |
| 2006 | 9.11 | 25.53% |
| 2005 | 7.25 | 32.9% |
| 2004 | 5.46 | -77.21% |
| 2003 | 23.9 | 439.36% |
| 2002 | 4.44 | -49.53% |
| 2001 | 8.80 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Atmos Energy ATO | 19.5 | 22.92% | 🇺🇸 USA |
 Sempra Energy SRE | 18.4 | 16.27% | 🇺🇸 USA |
 Duke Energy DUK | 65.0 | 310.60% | 🇺🇸 USA |
 Chesapeake Utilities
CPK | 19.2 | 21.53% | 🇺🇸 USA |
 Genie Energy
GNE | 9.70 | -38.71% | 🇺🇸 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.