The P/E ratio for Hess Midstream stock stands at 16.23 as of May 3, 2024. The calculation is based on the latest EPS of $2.11 and the stock price of $34.25 per share. An increase of 10% has been observed in the PE ratio compared to its average of 14.8 of the past four quarters.
Over the last seven years, the average PE ratio of Hess Midstream has been 14.93. The current 16.23 price-to-earnings ratio is 9% more than the historical average. Analyzing the last seven 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.
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 |
Currently, HESM's PE ratio is higher than the 3 and 5-year averages.
HESM's PE ratio is above its peer stock PUMP.
| Stock name | PE ratio | Market cap |
|---|---|---|
| PUMP ProPetro Holding Corp | 14.12 | $1.04B |
| HESM Hess Midstream LP | 16.36 | $7.81B |
As of May 3, 2024, HESM stock has a price to earnings ratio of 16.23.
The 3-year average PE ratio for HESM stock is 15.03.
The 5-year average PE ratio for HESM stock is 14.74.
Over the last seven years, the Dec 2017 quarter recorded the highest quarterly PE ratio at 26.41.
HESM's current price to earnings ratio is 9% above its 7-year historical average.
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 (May 3, 2024), Hess Midstream's share price is $34.25. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $2.11. Therefore, Hess Midstream's price to earnings ratio for today is 16.23. PE RATIO(16.23) = STOCK PRICE($34.25) / TTM EPS($2.11)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.