SharesGrow 7-Criteria Score
All 7 criteria scored · valuation-related highlighted on this page
National Grid plc (NGG) trades at a trailing P/E of 22.9, forward P/E of 22.5. Trailing earnings yield is 4.36%, forward earnings yield 4.45%. PEG 6.56. Graham Number is $9.96.
Criteria proven by this page:
- VALUE (45/100, Partial) — mixed signals — some valuation metrics are favorable while others are stretched.
- Forward P/E 22.5 (down from trailing 22.9) — analysts expect earnings to grow, which would improve the valuation.
- PEG Ratio 6.56 — above 2.0 suggests expensive relative to earnings growth.
- Trailing Earnings Yield 4.36% — roughly competitive with bond yields (~4.3%), moderate risk-reward. Forward yield improves to 4.45% as earnings recover.
- Analyst consensus target $85.50 (-3.9% downside) — slight downside risk — the market may be ahead of analyst expectations.
Overall SharesGrow Score: 63/100 with 4/7 criteria passed.
SharesGrow 7-Criteria Score
~
VALUE
45/100
Price-to-Earnings & upside
Proven by this page
✗
HEALTH
33/100
Debt-to-Equity & liquidity
→ Health
Valuation Snapshot — NGG
Valuation Multiples
P/E (TTM)22.9
Forward P/E22.5
PEG Ratio6.56
Forward PEG0.66
P/B Ratio1.77
P/S Ratio3.80
EV/EBITDA15.7
Per Share Data
EPS (TTM)$0.58
Forward EPS (Est.)$3.96
Book Value / Share$7.56
Revenue / Share$3.55
FCF / Share$-0.45
Yields & Fair Value
Earnings Yield4.36%
Forward Earnings Yield4.45%
Dividend Yield3.53%
Graham Number$9.96
SharesGrow IV$103.01 (+15.8%)
Analyst Target$85.50 (-3.9%)
Historical Valuation
| Year |
P/E (TTM) |
PEG Ratio |
P/B Ratio |
P/S Ratio |
Dividend Yield |
| 2016 |
15.8 |
0.65 |
3.01 |
3.09 |
3.44% |
| 2017 |
5.3 |
-1.06 |
2.03 |
2.76 |
3.69% |
| 2018 |
8.5 |
0.29 |
1.60 |
1.98 |
14.04% |
| 2019 |
20.7 |
-0.39 |
1.60 |
2.09 |
3.72% |
| 2020 |
27.9 |
-1.68 |
1.79 |
2.64 |
2.60% |
| 2021 |
14.3 |
0.19 |
1.70 |
1.82 |
3.97% |
| 2022 |
19.5 |
5.02 |
1.92 |
2.48 |
2.09% |
| 2023 |
5.6 |
0.03 |
1.49 |
2.03 |
3.56% |
| 2024 |
19.0 |
-0.27 |
1.45 |
2.19 |
3.96% |
| 2025 |
16.5 |
2.52 |
1.26 |
2.60 |
3.15% |
P/E Ratio & Earnings Yield
Earnings Per Share (EPS) History
| Year |
EPS (Diluted) |
Revenue |
Net Income |
Net Margin |
| 2016 |
$2.73 |
$13.21B |
$1.9B |
14.4% |
| 2017 |
$2.51 |
$15.04B |
$1.81B |
12% |
| 2018 |
$5.11 |
$15.25B |
$3.55B |
23.3% |
| 2019 |
$2.22 |
$14.93B |
$1.51B |
10.1% |
| 2020 |
$1.80 |
$14.54B |
$1.26B |
8.7% |
| 2021 |
$2.30 |
$13.67B |
$1.64B |
12% |
| 2022 |
$3.25 |
$18.45B |
$2.35B |
12.8% |
| 2023 |
$10.60 |
$21.66B |
$7.8B |
36% |
| 2024 |
$2.85 |
$19.85B |
$2.29B |
11.5% |
| 2025 |
$2.95 |
$18.38B |
$2.9B |
15.8% |
Analyst Estimates
| Year |
EPS (Avg) |
EPS Range |
Revenue (Avg) |
Revenue Range |
Analysts |
| 2026 |
$3.96 |
$3.94 – $3.97 |
$19.82B |
$18.36B – $21.71B |
3 |
| 2027 |
$4.52 |
$4.49 – $4.57 |
$21.9B |
$19.91B – $23.21B |
3 |
| 2028 |
$4.88 |
$4.82 – $4.97 |
$24B |
$21.42B – $25.69B |
3 |
| 2029 |
$5.31 |
$4.32 – $6.05 |
$26.45B |
$22.65B – $29.27B |
1 |
| 2030 |
$5.71 |
$4.65 – $6.51 |
$30.48B |
$26.1B – $33.74B |
1 |
