As of Nov 21, 2024, the PAA stock has a P/E ratio of 15.77. The calculation is based on the latest EPS of $1.13 and the stock price of $17.82 per share. An increase of 10% has been observed in the PE ratio compared to its average of 14.3 of the past four quarters.
The mean historical PE ratio of Plains All American Pipeline over the last ten years is 24.68. The current 15.77 price-to-earnings ratio is 36% 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 above its 3-year average, but it is under its 5 and 10-year averages.
When compared to its peer PAGP, 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 higher PE ratio (15.77) than its peers average of 15.11.
Stock name | PE ratio | Market cap |
---|---|---|
MPLX Mplx Lp | 11.38 | $49.18B |
EPD Enterprise Products Partners Lp | 12.16 | $70.12B |
DKL Delek Logistics Partners LP | 14.05 | $2.05B |
PAA Plains All American Pipeline Lp | 15.77 | $12.54B |
PAGP Plains Gp Holdings Lp | 22.85 | $3.79B |
GEL Genesis Energy Lp | N/A | $1.42B |
The price to earnings ratio for PAA stock is 15.77 as of Nov 21, 2024.
The average PE ratio for PAA stock over the past 3 years is 14.88.
The average PE ratio for PAA stock over the past 5 years is 18.01.
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 36% 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 (Nov 21, 2024), Plains All American Pipeline's share price is $17.82. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $1.13. Therefore, Plains All American Pipeline's price to earnings ratio for today is 15.77. PE RATIO(15.77) = STOCK PRICE($17.82) / TTM EPS($1.13)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.