As at Apr 26, 2024, the PAGP stock has a PE ratio of 18.57. This is based on the current EPS of $1.01 and the stock price of $18.76 per share. An increase of 30% has been seen in the P/E ratio compared to the average of 14.3 of the last 4 quarters.
The mean historical PE ratio of Plains Gp Holdings over the last ten years is 71.93. The current 18.57 PE ratio is 74% below the historical average. Over the past ten years, PAGP's PE ratio was at its highest in the Jun 2021 quarter at 1,194, with a price of $11.94 and an EPS of $0.01. The Sep 2019 quarter recorded the bottom point at 7.37, with a price of $21.23 and an EPS of $2.88.
Maximum annual increase: 106.67% in 2016
Maximum annual decrease: -79.76% in 2014
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 15.79 | 9.12% |
| 2022 | 14.47 | -55.76% |
| 2021 | 32.71 | N/A |
| 2020 | N/A | N/A |
| 2019 | 9.62 | 1.48% |
| 2018 | 9.48 | N/A |
| 2017 | N/A | N/A |
| 2016 | 36.89 | 106.67% |
| 2015 | 17.85 | -66.59% |
| 2014 | 53.43 | -79.76% |
PAGP's current P/E ratio is below the 3, 5 and 10-year averages.
Compared to its peer NS, PAGP's PE ratio stands lower, however it is higher than BRK.B's and PAA's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| BRK.B Berkshire Hathaway Inc | 9.08 | $869.52B |
| PAA Plains All American Pipeline Lp | 12.76 | $12.53B |
| PAGP Plains Gp Holdings Lp | 18.57 | $3.7B |
| NS NuStar Energy LP | 31.36 | $2.86B |
| AMC Amc Entertainment Holdings Inc | N/A | $897.78M |
PAGP's price to earnings ratio is 18.57 as of Apr 26, 2024.
The 3-year average PE ratio for PAGP stock is 149.13.
The 5-year average PE ratio for PAGP stock is 109.79.
In the last ten years, the Jun 2021 quarter recorded the highest quarterly PE ratio at 1,194.
PAGP's current price to earnings ratio is 74% below its 10-year historical average.
You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Apr 26, 2024), Plains Gp Holdings's stock price is $18.76. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $1.01. Therefore, Plains Gp Holdings's P/E ratio for today is 18.57. PE RATIO(18.57) = STOCK PRICE($18.76) / TTM EPS($1.01)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.