National Grid Transco, PLC

NGG Utilities Utilities Regulated Electric

National Grid Transco, PLC’s revenue for fiscal 2026 (year ended March 2026) was $23.7 billion, up 1.11% from fiscal 2025.

85.85 0.63 +0.74%
Market cap
$86.4B
P/E
23.5×
Fwd P/E
13.9×
Dividend yield
3.77%
F-score
6/9
Altman Z
1.39
Beneish M
−2.66
Dividend safety
20/100

National Grid Transco, PLC (NGG) P/B ratio

Alert me on P/B ratio

National Grid Transco, PLC has no meaningful P/B ratio: its trailing twelve-month book value is negative. Over the past ten years it has ranged from 0.0× (November 2026) to 0.0× (November 2026) — the current reading is the highest in ten years.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2026 0.0× —
FY2025 0.0× —
FY2024 0.0× —
FY2023 0.0× —
FY2022 0.0× —
FY2021 0.0× —
FY2020 0.0× —
FY2019 0.0× —
FY2018 0.0× —
FY2017 0.0× —

Quarterly newest first

Period P/B ratio Change
Sep 2023 1.2× (17.79%)
Mar 2023 1.4× 13.52%
Sep 2022 1.2× (28.44%)
Mar 2022 1.7× 15.01%
7 more quarters

Against its own ten years

Low 0.0× High 0.0×
Ten-year median 0.0×
Current reading's percentile 100

P/B ratio against peers

Company P/B ratio
NGG National Grid Transco, PLC n/m
EXC Exelon Corporation compare 1.6×
ED Consolidated Edison Inc compare 1.7×
DUK Duke Energy Corporation compare 1.8×
D Dominion Energy Inc. compare 1.8×
XEL Xcel Energy Inc. compare 2.0×
AEP American Electric Power Company, Inc. compare 2.0×
SO Southern Company (The) compare 2.4×
ETR Entergy Corporation compare 2.6×
Utilities Regulated Electric industry median 1.8×
Utilities sector median 1.7×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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