ET Energy Transfer PE ratio, current and historical analysis
As at Nov 21, 2024, the ET stock has a PE ratio of 13.85. This is based on the current EPS of $1.37 and the stock price of $18.97 per share. An increase of 6% has been seen in the P/E ratio compared to the average of 13.1 of the last 4 quarters.
ET PE ratio history
The mean historical PE ratio of Energy Transfer over the last ten years is 15.15. The current 13.85 PE ratio is 9% below the historical average. Over the past ten years, ET's PE ratio was at its highest in the Dec 2014 quarter at 49.47, with a price of $28.69 and an EPS of $0.58. The Dec 2021 quarter recorded the bottom point at 4.35, with a price of $8.23 and an EPS of $1.89.
Energy Transfer PE ratio by year
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% |
ET average PE ratio chart
Currently, ET's PE ratio is greater than its 3 and 5-year historical averages, but it is below the 10-year average.
ET PE vs peers
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 | 10.94 | $9.79B |
| ET Energy Transfer LP | 13.85 | $64.95B |
| KMI Kinder Morgan Inc | 25.26 | $63.41B |
| NEXT NextDecade Corp | N/A | $1.9B |
Frequently asked questions
What is Energy Transfer's PE ratio?
As of Nov 21, 2024, ET stock has a price to earnings ratio of 13.85.
What is the 3-year average PE ratio for Energy Transfer (ET)?
Over the last 3 years, the average price to earnings ratio for ET stock is 10.41.
What is the 5-year average PE ratio for Energy Transfer (ET)?
Over the last 5 years, the average price to earnings ratio for ET stock is 9.66.
What is the highest PE ratio for ET?
Over the last ten years, the quarterly PE ratio reached a historic high of 49.47 in the Dec 2014 quarter.
How does the current PE ratio for ET compare to its historical average?
ET's current price to earnings ratio is 9% below its 10-year historical average.
How is ET's PE ratio calculated (Energy Transfer PE ratio formula)?
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 (Nov 21, 2024), Energy Transfer's stock price is $18.97. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $1.37. Therefore, Energy Transfer's P/E ratio for today is 13.85. PE RATIO(13.85) = STOCK PRICE($18.97) / TTM EPS($1.37)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.