The current PE ratio for DT Midstream stock as of Sep 28, 2023 is 13.92. This is calculated based on the current EPS of $3.83 and the stock price of $53.31 per share. The P/E ratio has an increase of 3.5% from the past four quarters average of 13.5.
The average historical PE ratio of DT Midstream for the last two years is 14.47. The current PE ratio of 13.92 is 3.8% below the historical average. Over the past two years, DTM's PE ratio was at its highest in the Mar 2022 quarter at 16.96, when the stock price was $54.26 and the EPS was $3.2. The lowest value was in the Mar 2023 quarter, when it reached 12.89 with a price of $49.37 and an EPS of $3.83.
Maximum annual decrease: -4.69% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2022 | 14.43 | -4.69% |
| 2021 | 15.14 | N/A |
| 2020 | N/A | N/A |
| 2019 | N/A | N/A |
| 2018 | N/A | N/A |
DTM's PE ratio is lower than its peer stock KMI.
| Stock name | PE ratio | Market cap |
|---|---|---|
| DTM DT Midstream Inc | 13.85 | $5.14B |
| KMI Kinder Morgan Inc | 15.08 | $36.95B |
| NEXT NextDecade Corp | N/A | $1.25B |
DTM's price to earnings ratio is 13.92 as of Sep 28, 2023.
In the last two years, the Mar 2022 quarter recorded the highest quarterly PE ratio at 16.96.
The current price to earnings ratio of DTM is 3.8% lower than the 2-year historical average.
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Sep 28, 2023), DT Midstream's stock price is $53.31. The earnings per share for the trailing twelve months (TTM) ending Jun 2023 is $3.83. Therefore, DT Midstream's P/E ratio for today is 13.92. PE RATIO(13.92) = STOCK PRICE($53.31) / TTM EPS($3.83)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.