HESM Hess Midstream PE ratio, current and historical analysis
The P/E ratio for Hess Midstream stock stands at 15.37 as of Oct 22, 2024. The calculation is based on the latest EPS of $2.31 and the stock price of $35.5 per share. The PE ratio currently is comparable to its last 4-quarter average.
HESM PE ratio history
Over the last eight years, the average PE ratio of Hess Midstream has been 15.0. The current 15.37 price-to-earnings ratio is 2.5% more than the historical average. Analyzing the last eight years, HESM's PE ratio reached its highest point in the Dec 2017 quarter at 26.41, with a price of $19.81 and an EPS of $0.75. The Jun 2017 quarter saw the lowest point at 5.54, with a price of $20.37 and an EPS of N/A.
Hess Midstream PE ratio by year
Maximum annual increase: 40.16% in 2019
Maximum annual decrease: -49.38% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 14.99 | 1.7% |
| 2022 | 14.74 | -3.47% |
| 2021 | 15.27 | 3.81% |
| 2020 | 14.71 | -21.5% |
| 2019 | 18.74 | 40.16% |
| 2018 | 13.37 | -49.38% |
| 2017 | 26.41 | N/A |
| 2016 | N/A | N/A |
| 2015 | N/A | N/A |
HESM average PE ratio chart
Currently, HESM's PE ratio is higher than the 3 and 5-year averages.
HESM PE vs peers
HESM's PE ratio is below its peer stock PUMP.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HESM Hess Midstream LP | 15.36 | $7.84B |
| PUMP ProPetro Holding Corp | 23.78 | $792.67M |
Frequently asked questions
What is Hess Midstream's PE ratio?
As of Oct 22, 2024, HESM stock has a price to earnings ratio of 15.37.
What is the 3-year average PE ratio for Hess Midstream (HESM)?
The 3-year average PE ratio for HESM stock is 14.91.
What is the 5-year average PE ratio for Hess Midstream (HESM)?
The 5-year average PE ratio for HESM stock is 14.8.
What is the highest PE ratio for HESM?
Over the last eight years, the Dec 2017 quarter recorded the highest quarterly PE ratio at 26.41.
How does the current PE ratio for HESM compare to its historical average?
HESM's current price to earnings ratio is 2.5% above its 8-year historical average.
How is HESM's PE ratio calculated (Hess Midstream PE ratio formula)?
The P/E ratio is calculated by taking the latest stock price and dividing it by the earnings per share(EPS) for the last 12 months. As of today (Oct 22, 2024), Hess Midstream's share price is $35.5. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $2.31. Therefore, Hess Midstream's price to earnings ratio for today is 15.37. PE RATIO(15.37) = STOCK PRICE($35.5) / TTM EPS($2.31)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.