The current PE ratio for Western Midstream Partners stock as of May 3, 2024 is 13.61. This is calculated based on the current EPS of $2.61 and the stock price of $35.53 per share. The P/E ratio has an increase of 34% from the past four quarters average of 10.2.
The average historical PE ratio of Western Midstream Partners for the last ten years is 27.49. The current PE ratio of 13.61 is 50% below the historical average. Over the past ten years, WES's PE ratio was at its highest in the Mar 2015 quarter at 101.69, when the stock price was $60 and the EPS was $0.59. The lowest value was in the Mar 2020 quarter, when it reached 4.5 with a price of $3.24 and an EPS of $0.72.
Maximum annual increase: 57.58% in 2015
Maximum annual decrease: -70.25% in 2016
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 11.21 | 25.67% |
| 2022 | 8.92 | -12.72% |
| 2021 | 10.22 | -12.72% |
| 2020 | 11.71 | -5.41% |
| 2019 | 12.38 | -24.56% |
| 2018 | 16.41 | -24.03% |
| 2017 | 21.6 | -21.97% |
| 2016 | 27.68 | -70.25% |
| 2015 | 93.05 | 57.58% |
| 2014 | 59.05 | 6.11% |
Currently, WES's PE ratio is greater than its 3 and 5-year historical averages, but it is below the 10-year average.
Compared to its peers OKE and ATO, WES's PE ratio stands lower, however it is higher than EPD's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| EPD Enterprise Products Partners Lp | 11.15 | $60.93B |
| WES Western Midstream Partners LP | 13.61 | $13.52B |
| OKE Oneok Inc | 18.21 | $45.08B |
| ATO Atmos Energy Corp | 19.06 | $18B |
As of May 3, 2024, WES stock has a price to earnings ratio of 13.61.
As an average over the last 3 years, WES stock has a PE ratio of 9.79.
As an average over the last 5 years, WES stock has a PE ratio of 10.49.
Over the last ten years, the quarterly PE ratio reached a historic high of 101.69 in the Mar 2015 quarter.
The current price to earnings ratio of WES is 50% lower than the 10-year historical average.
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (May 3, 2024), Western Midstream Partners's stock price is $35.53. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $2.61. Therefore, Western Midstream Partners's P/E ratio for today is 13.61. PE RATIO(13.61) = STOCK PRICE($35.53) / TTM EPS($2.61)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.