As of May 3, 2024, the Equitrans Midstream stock's PE ratio is 15.01. This takes into account the latest EPS of $0.91 and stock price of $13.66.
The PE ratio of Equitrans Midstream has averaged 37.05 over the last six years. The current P/E ratio of 15.01 is 59% lower than the historical average. Looking back at the last six years, ETRN's PE ratio peaked in the Sep 2019 quarter at 242.5, when the price was $14.55 and the EPS was $0.06. The lowest point was in the Dec 2020 quarter, when it reached 7.73 with a price of $8.04 and an EPS of $1.04.
Year | PE ratio | Change |
---|---|---|
2023 | 11.44 | N/A |
2022 | N/A | N/A |
2021 | N/A | N/A |
2020 | 7.73 | N/A |
2019 | N/A | N/A |
2018 | 23.28 | N/A |
2017 | N/A | N/A |
2016 | N/A | N/A |
2015 | N/A | N/A |
ETRN's current PE ratio is higher than the 3-year average, but it is lower than its 5-year average.
ETRN's PE ratio stands lower than its peer stock KMI, but it is higher than KNTK's.
Stock name | PE ratio | Market cap |
---|---|---|
KNTK Kinetik Holdings Inc | 7.27 | $5.77B |
ETRN Equitrans Midstream Corp | 15.01 | $5.92B |
KMI Kinder Morgan Inc | 17.04 | $41.21B |
NEXT NextDecade Corp | N/A | $1.66B |
The price to earnings ratio for ETRN stock as of May 3, 2024, stands at 15.01.
The average PE ratio for ETRN stock over the past 3 years is 13.08.
The average PE ratio for ETRN stock over the past 5 years is 39.52.
The highest quarterly PE ratio in the last six years has been 242.5 and it was in the Sep 2019 quarter.
ETRN's price to earnings ratio is currently 59% below its 6-year historical average.
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (May 3, 2024), Equitrans Midstream's share price is $13.66. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $0.91. Therefore, Equitrans Midstream's PE ratio for today is 15.01. PE RATIO(15.01) = STOCK PRICE($13.66) / TTM EPS($0.91)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.