As of May 3, 2024, the PAA stock has a P/E ratio of 12.49. The calculation is based on the latest EPS of $1.4 and the stock price of $17.49 per share. An increase of 28% has been observed in the PE ratio compared to its average of 9.8 of the past four quarters.
The mean historical PE ratio of Plains All American Pipeline over the last ten years is 25.61. The current 12.49 price-to-earnings ratio is 51% less than the historical average. Analyzing the last ten years, PAA's PE ratio reached its highest point in the Jun 2016 quarter at 76.36, with a price of $27.49 and an EPS of $0.36. The Sep 2019 quarter saw the lowest point at 5.43, with a price of $20.75 and an EPS of $3.82.
Maximum annual increase: 153.51% in 2016
Maximum annual decrease: -71.37% in 2017
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 10.82 | 9.51% |
| 2022 | 9.88 | -41.81% |
| 2021 | 16.98 | N/A |
| 2020 | N/A | N/A |
| 2019 | 6.81 | -5.81% |
| 2018 | 7.23 | -66.37% |
| 2017 | 21.5 | -71.37% |
| 2016 | 75.09 | 153.51% |
| 2015 | 29.62 | 37.96% |
| 2014 | 21.47 | 16.94% |
The current PE ratio of PAA is under its 3, 5 and 10-year averages.
When compared to its peers PAGP and NS, PAA's PE ratio is lower, but it is higher than EPD's and MPLX's. Plains All American Pipeline is currently trading at a lower PE ratio (12.49) than its peers average of 13.42.
| Stock name | PE ratio | Market cap |
|---|---|---|
| MPLX Mplx Lp | 10.6 | $41.79B |
| EPD Enterprise Products Partners Lp | 11.15 | $60.93B |
| PAA Plains All American Pipeline Lp | 12.49 | $12.26B |
| DKL Delek Logistics Partners LP | 13.69 | $1.73B |
| PAGP Plains Gp Holdings Lp | 18.22 | $3.63B |
| GEL Genesis Energy Lp | 37.56 | $1.56B |
The price to earnings ratio for PAA stock is 12.49 as of May 3, 2024.
The average PE ratio for PAA stock over the past 3 years is 20.3.
The average PE ratio for PAA stock over the past 5 years is 16.78.
The highest quarterly PE ratio in the last ten years has been 76.36 and it was in the Jun 2016 quarter.
PAA's current price to earnings ratio is 51% below its 10-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (May 3, 2024), Plains All American Pipeline's share price is $17.49. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $1.4. Therefore, Plains All American Pipeline's price to earnings ratio for today is 12.49. PE RATIO(12.49) = STOCK PRICE($17.49) / TTM EPS($1.4)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.