As of 2025-11-21, the Relative Valuation of NiSource Inc (NI) is 36.23 USD. This relative valuation is based on P/E multiples. With the latest stock price at 42.40 USD, the upside of NiSource Inc based on Relative Valuation is -14.5%.
The range of the Relative Valuation is 33.88 - 40.54 USD.
| Range | Selected | |
| Trailing P/E multiples | 17.9x - 19.6x | 18.6x |
| Forward P/E multiples | 18.8x - 22.5x | 20.5x |
| Fair Price | 33.88 - 40.54 | 36.23 |
| Upside | -20.1% - -4.4% | -14.5% |
| Date | P/E |
| 2025-11-20 | 22.29 |
| 2025-11-19 | 22.45 |
| 2025-11-18 | 22.64 |
| 2025-11-17 | 22.70 |
| 2025-11-14 | 22.54 |
| 2025-11-13 | 22.59 |
| 2025-11-12 | 22.94 |
| 2025-11-11 | 23.10 |
| 2025-11-10 | 22.99 |
| 2025-11-07 | 22.90 |
| 2025-11-06 | 22.49 |
| 2025-11-05 | 22.54 |
| 2025-11-04 | 22.54 |
| 2025-11-03 | 22.39 |
| 2025-10-31 | 22.14 |
| 2025-10-30 | 22.15 |
| 2025-10-29 | 22.32 |
| 2025-10-28 | 22.81 |
| 2025-10-27 | 22.99 |
| 2025-10-24 | 22.94 |
| 2025-10-23 | 23.06 |
| 2025-10-22 | 23.20 |
| 2025-10-21 | 22.98 |
| 2025-10-20 | 23.05 |
| 2025-10-17 | 22.74 |
| 2025-10-16 | 22.72 |
| 2025-10-15 | 22.90 |
| 2025-10-14 | 22.57 |
| 2025-10-13 | 22.47 |
| 2025-10-10 | 22.53 |
| 2025-10-09 | 22.58 |
| 2025-10-08 | 23.08 |
| 2025-10-07 | 22.92 |
| 2025-10-06 | 23.22 |
| 2025-10-03 | 23.04 |
| 2025-10-02 | 22.66 |
| 2025-10-01 | 22.64 |
| 2025-09-30 | 22.76 |
| 2025-09-29 | 22.72 |
| 2025-09-26 | 22.38 |
| 2025-09-25 | 21.99 |
| 2025-09-24 | 22.28 |
| 2025-09-23 | 21.86 |
| 2025-09-22 | 21.71 |
| 2025-09-19 | 21.20 |
| 2025-09-18 | 21.11 |
| 2025-09-17 | 20.82 |
| 2025-09-16 | 20.70 |
| 2025-09-15 | 21.31 |
| 2025-09-12 | 21.56 |