The PE ratio for EnLink Midstream LLC stock stands at 36.57 as of May 3, 2024. The calculation is based on the latest EPS of $0.35 and the stock price of $12.8 per share. An increase of 47% 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 73.22. The current 36.57 P/E ratio is 50% 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 lower than its 3, 5 and 10-year averages.
ENLC's PE ratio stands higher than its peer stocks PAA and PAGP.
| Stock name | PE ratio | Market cap |
|---|---|---|
| PAA Plains All American Pipeline Lp | 12.49 | $12.26B |
| PAGP Plains Gp Holdings Lp | 18.22 | $3.63B |
| ENLC EnLink Midstream LLC | 36.57 | $5.78B |
As of May 3, 2024, ENLC stock has a price to earnings ratio of 36.57.
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 50% 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 (May 3, 2024), EnLink Midstream LLC's share price is $12.8. 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 36.57. PE RATIO(36.57) = STOCK PRICE($12.8) / TTM EPS($0.35)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.