ENLC EnLink Midstream LLC PE ratio, current and historical analysis
The PE ratio for EnLink Midstream LLC stock stands at 74.62 as of Nov 21, 2024. The calculation is based on the latest EPS of $0.21 and the stock price of $15.67 per share. An increase of 65% has been observed in the PE ratio compared to its average of 45.2 of the last four quarters.
ENLC PE ratio history
Over the last ten years, the average PE ratio of EnLink Midstream LLC has been 64.33. The current 74.62 P/E ratio is 16% higher than the historical average. Looking back at the last ten years, ENLC's PE ratio peaked in the Sep 2017 quarter at 575, with a price of $17.25 and an EPS of $0.03. The Mar 2018 quarter marked the lowest point at 11.72, with a price of $14.65 and an EPS of $1.25.
EnLink Midstream LLC PE ratio by year
Maximum annual increase: 67% in 2023
Maximum annual decrease: -88.26% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 27.02 | 67% |
| 2022 | 16.18 | -88.26% |
| 2021 | 137.8 | N/A |
| 2020 | N/A | N/A |
| 2019 | N/A | N/A |
| 2018 | N/A | N/A |
| 2017 | 14.92 | N/A |
| 2016 | N/A | N/A |
| 2015 | N/A | N/A |
| 2014 | 64.65 | N/A |
ENLC average PE ratio chart
ENLC's current PE ratio is higher than the 3, 5 and 10-year averages.
ENLC PE vs peers
ENLC's PE ratio stands higher than its peer stocks WMB and KMI. EnLink Midstream LLC's current PE ratio of 74.62 is similar to the average of its peers, which is 22.27.
| Stock name | PE ratio | Market cap |
|---|---|---|
| PAA Plains All American Pipeline Lp | 15.77 | $12.54B |
| PAGP Plains Gp Holdings Lp | 22.85 | $3.79B |
| WMB Williams Companies Inc | 25.21 | $72.82B |
| KMI Kinder Morgan Inc | 25.26 | $63.41B |
| ENLC EnLink Midstream LLC | 74.62 | $7.16B |
Frequently asked questions
What is EnLink Midstream LLC's PE ratio?
As of Nov 21, 2024, ENLC stock has a price to earnings ratio of 74.62.
What is the 3-year average PE ratio for EnLink Midstream LLC (ENLC)?
The 3-year average price to earnings ratio for ENLC stock is 40.44.
What is the 5-year average PE ratio for EnLink Midstream LLC (ENLC)?
The 5-year average price to earnings ratio for ENLC stock is 40.44.
What is the highest PE ratio for ENLC?
Over the last ten years, the quarterly PE ratio reached its highest level at 575 in the Sep 2017 quarter.
How does the current PE ratio for ENLC compare to its historical average?
ENLC's current price to earnings ratio is 16% above its 10-year historical average.
Why is EnLink Midstream LLC's PE ratio so high?
A company with a higher PE ratio may indicate that the market has higher growth expectations for the company's future earnings or profitability.
How is ENLC's PE ratio calculated (EnLink Midstream LLC PE ratio formula)?
The P/E ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Nov 21, 2024), EnLink Midstream LLC's share price is $15.67. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $0.21. Therefore, EnLink Midstream LLC's PE ratio for today is 74.62. PE RATIO(74.62) = STOCK PRICE($15.67) / TTM EPS($0.21)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.