NatWest (NWG) Price to Earnings (2011 - 2026)
NatWest's (NWG) Price to Earnings was 8.52 for Q2 2026, down 1.8% from 8.68 a year earlier but up 11.9% from the prior quarter.
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Analysis
NatWest (NWG) Price to Earnings (2011 - 2026) Analysis & Trends
For FY2025, Price to Earnings at NatWest was 9.96, up 35.9% from FY2024.
- By year, Price to Earnings came in at 7.33 in FY2024 (+55.4%), 4.72 in FY2023 (-38.8%), 7.71 in FY2022 (-11.8%) and 8.75 in FY2021.
- Five-year quarterly Price to Earnings spans a low of 0.59 in Q3 2021 and a high of 9.35 in Q4 2025.
- Year over year, Price to Earnings gained in seven of the last eight quarters, with growth averaging 25.3%.
- The high point for year-over-year Price to Earnings in five years was Q2 2022 (growth of 960.5%); the low point was Q1 2022 (a decline of 96.9%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 7.62 (Q1 2026), 9.35 (Q4 2025) and 7.92 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Jpmorgan Chase | 883.45 Bn | 912.92 Bn | - |
| 2 | Banco Santander Chile | 401.52 Bn | 521.46 Bn | - |
| 3 | Bank Of America | 377.43 Bn | -1,998.64 Bn | - |
| 4 | Hsbc Holdings | 330.31 Bn | 330.37 Bn | - |
| 5 | Morgan Stanley | 299.17 Bn | -209.92 Bn | - |
| 6 | Royal Bank Of Canada | 274.08 Bn | 124.82 Bn | - |
| 7 | Mitsubishi Ufj Financial | 270.70 Bn | -1,317.79 Bn | 10.89 Bn |
| 8 | Goldman Sachs | 263.13 Bn | -3,293.98 Bn | - |
| 9 | Wells Fargo & Company | 243.64 Bn | 245.78 Bn | - |
| 10 | NatWest | 72.69 Bn | -795.69 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.52 |
| Mar 31, 2026 | 7.62 |
| Dec 31, 2025 | 9.35 |
| Sep 30, 2025 | 7.92 |
| Jun 30, 2025 | 8.68 |
| Mar 31, 2025 | 7.53 |
| Dec 31, 2024 | 6.88 |
| Sep 30, 2024 | 7.09 |
| Jun 30, 2024 | 6.57 |
| Mar 31, 2024 | 5.80 |
| Dec 31, 2023 | 4.49 |
| Sep 30, 2023 | 5.05 |
| Jun 30, 2023 | 6.25 |
| Mar 31, 2023 | 6.67 |
| Dec 31, 2022 | 7.14 |
| Sep 30, 2022 | 7.53 |
| Jun 30, 2022 | 7.37 |
| Mar 31, 2022 | 6.90 |
| Dec 31, 2021 | 7.80 |
| Sep 30, 2021 | 0.59 |
API Access
NatWest Price to Earnings API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-earnings&ticker=NWG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-earnings", "ticker": "NWG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-earnings&ticker=NWG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();