The PE ratio for EnLink Midstream LLC stock stands at 39.0 as of Jul 25, 2024. The calculation is based on the latest EPS of $0.35 and the stock price of $13.65 per share. An increase of 57% has been observed in the PE ratio compared to its average of 24.8 of the last four quarters.
Over the last ten years, the average PE ratio of EnLink Midstream LLC has been 67.11. The current 39.0 P/E ratio is 42% lower 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.
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's current PE ratio is higher than the 3 and 5-year averages, but it is lower than its 10-year average.
ENLC's PE ratio stands higher than its peer stocks KMI and PAA. EnLink Midstream LLC is currently trading at a higher PE ratio (39.0) than its peers average of 15.33.
| Stock name | PE ratio | Market cap |
|---|---|---|
| SMLP Summit Midstream Partners LP | 4.77 | $393.26M |
| PAA Plains All American Pipeline Lp | 15.71 | $12.89B |
| KMI Kinder Morgan Inc | 19.61 | $47.43B |
| PAGP Plains Gp Holdings Lp | 22.26 | $3.82B |
| ENLC EnLink Midstream LLC | 39.37 | $6.22B |
As of Jul 25, 2024, ENLC stock has a price to earnings ratio of 39.
The 3-year average price to earnings ratio for ENLC stock is 37.03.
The 5-year average price to earnings ratio for ENLC stock is 37.03.
Over the last ten years, the quarterly PE ratio reached its highest level at 575 in the Sep 2017 quarter.
ENLC's current price to earnings ratio is 42% below its 10-year historical average.
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 (Jul 25, 2024), EnLink Midstream LLC's share price is $13.65. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $0.35. Therefore, EnLink Midstream LLC's PE ratio for today is 39. PE RATIO(39) = STOCK PRICE($13.65) / TTM EPS($0.35)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.