As at Jul 25, 2024, the ET stock has a PE ratio of 14.8. This is based on the current EPS of $1.09 and the stock price of $16.13 per share. An increase of 17% has been seen in the P/E ratio compared to the average of 12.7 of the last 4 quarters.
The mean historical PE ratio of Energy Transfer over the last ten years is 17.4. The current 14.8 PE ratio is 15% below the historical average. Over the past ten years, ET's PE ratio was at its highest in the Sep 2014 quarter at 93.47, with a price of $30.85 and an EPS of $0.33. The Dec 2021 quarter recorded the bottom point at 4.35, with a price of $8.23 and an EPS of $1.89.
Maximum annual increase: 94.94% in 2022
Maximum annual decrease: -74.97% in 2015
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 12.55 | 48% |
| 2022 | 8.48 | 94.94% |
| 2021 | 4.35 | N/A |
| 2020 | N/A | N/A |
| 2019 | 9.57 | -13.08% |
| 2018 | 11.01 | -45.79% |
| 2017 | 20.31 | -1.12% |
| 2016 | 20.54 | 65.91% |
| 2015 | 12.38 | -74.97% |
| 2014 | 49.47 | -56.43% |
Currently, ET's PE ratio is greater than its 3 and 5-year historical averages, but it is below the 10-year average.
Compared to its peer KMI, ET's PE ratio stands lower, however it is higher than KNTK's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| KNTK Kinetik Holdings Inc | 7.76 | $6.45B |
| ET Energy Transfer LP | 14.93 | $54.83B |
| KMI Kinder Morgan Inc | 19.61 | $47.43B |
| NEXT NextDecade Corp | N/A | $2B |
As of Jul 25, 2024, ET stock has a price to earnings ratio of 14.8.
Over the last 3 years, the average price to earnings ratio for ET stock is 9.53.
Over the last 5 years, the average price to earnings ratio for ET stock is 9.36.
Over the last ten years, the quarterly PE ratio reached a historic high of 93.47 in the Sep 2014 quarter.
ET's current price to earnings ratio is 15% below its 10-year historical average.
The PE 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), Energy Transfer's stock price is $16.13. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $1.09. Therefore, Energy Transfer's P/E ratio for today is 14.8. PE RATIO(14.8) = STOCK PRICE($16.13) / TTM EPS($1.09)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.