SMC Summit Midstream PE ratio, current and historical analysis
As of Sep 6, 2024, the Summit Midstream stock's PE ratio is 4.73. This results from the current EPS of $7.75 and stock price of $36.66.
SMC PE ratio history
The PE ratio of Summit Midstream has averaged 36.0 over the last ten years. The current PE ratio of 4.73 is 87% below the historical average. Over the past ten years, SMC's PE ratio was at its highest in the Dec 2018 quarter at 167.5, when the stock price was $150.75 and the EPS was $0.9. The lowest value was in the Dec 2020 quarter, when it reached 0.17 with a price of $12.49 and an EPS of $73.22.
Summit Midstream PE ratio by year
Maximum annual increase: 708.79% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | N/A | N/A |
| 2022 | N/A | N/A |
| 2021 | N/A | N/A |
| 2020 | 0.17 | N/A |
| 2019 | N/A | N/A |
| 2018 | 167.5 | 708.79% |
| 2017 | 20.71 | N/A |
| 2016 | N/A | N/A |
| 2015 | N/A | N/A |
| 2014 | N/A | N/A |
SMC average PE ratio chart
SMC's current P/E ratio is above the 5-year historical average, but it is below the 10-year average.
SMC PE vs peers
Compared to its peer stocks KMI and KNTK, SMC's PE ratio stands lower.
| Stock name | PE ratio | Market cap |
|---|---|---|
| SMC Summit Midstream Corp. | 4.73 | $390.38M |
| KNTK Kinetik Holdings Inc | 7.97 | $6.95B |
| KMI Kinder Morgan Inc | 19.39 | $46.9B |
| NEXT NextDecade Corp | N/A | $1.22B |
Frequently asked questions
What is Summit Midstream's PE ratio?
The price to earnings ratio for SMC stock as of Sep 6, 2024, stands at 4.73.
What is the 5-year average PE ratio for Summit Midstream (SMC)?
The 5-year average PE ratio for SMC stock is 1.14.
What is the highest PE ratio for SMC?
The highest quarterly PE ratio in the last ten years has been 167.5 and it was in the Dec 2018 quarter.
How does the current PE ratio for SMC compare to its historical average?
SMC's price to earnings ratio is currently 87% below its 10-year historical average.
Why is Summit Midstream's PE ratio so low?
SMC's PE ratio is low because the stock price is relatively cheap compared to the earnings generated by the company.
How is SMC's PE ratio calculated (Summit Midstream PE ratio formula)?
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Sep 6, 2024), Summit Midstream's stock price is $36.66. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $7.75. Therefore, Summit Midstream's P/E ratio for today is 4.73. PE RATIO(4.73) = STOCK PRICE($36.66) / TTM EPS($7.75)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.