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Screener Weekly Summary Pricing

NiSource, Inc NI

Utilities  —  Utilities Regulated Gas
39.42 0.30 0.77% as of 25 Sep
Market cap
$18.8B
P/E
21.0×
S&P 500 Member Dividend Champion (10y)
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

NiSource, Inc (NI) P/B ratio

As of 25 September 2026, NiSource, Inc (NI) trades at a P/B ratio of 1.6×. Over the past ten years it has ranged from 0.7× (September 2015) to 2.3× (July 2016); the current reading is higher than 16% of that period. That is above the Utilities Regulated Gas industry median of 1.5× and in line with the Utilities sector median of 1.6×.

P/B ratio, daily

Annual

Period P/B ratio Change
FY2025 1.7× 8.22%
FY2024 1.6× 34.38%
FY2023 1.2× (33.74%)
FY2022 1.8× (7.38%)
FY2021 1.9× 6.73%
FY2020 1.8× (12.93%)
FY2019 2.0× 10.07%
FY2018 1.9× (4.05%)
FY2017 1.9× 10.25%
FY2016 1.8× 8.76%

Quarterly

Period P/B ratio Change
Jun 2026 1.9× 2.34%
Mar 2026 1.9× 10.63%
Dec 2025 1.7× (6.86%)
Sep 2025 1.8× 5.24%
42 more quarters

Against its own ten years

Low 0.7× High 2.3×
Ten-year median 1.8×
Current reading's percentile 16

P/B ratio against peers

Company P/B ratio
SR Spire Inc. compare 1.3×
OGS ONE Gas, Inc. compare 1.3×
BKH Black Hills Corporation compare 1.3×
MDU MDU Resources Group, Inc. compare 1.3×
SWX Southwest Gas Corporation compare 1.4×
UGI UGI Corporation compare 1.5×
NI NiSource, Inc 1.6×
ATO Atmos Energy Corporation compare 1.7×
NJR NewJersey Resources Corporation compare 1.9×
Utilities Regulated Gas industry median 1.5×
Utilities sector median 1.6×
Market median 1.8×

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 →

More on NI