The current PE ratio for Western Midstream Partners stock as of Jul 25, 2024 is 11.22. This is calculated based on the current EPS of $3.56 and the stock price of $39.96 per share. The P/E ratio has an increase of 9% from the past four quarters average of 10.3.
The average historical PE ratio of Western Midstream Partners for the last ten years is 25.96. The current PE ratio of 11.22 is 57% 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 peer stocks EPD and OKE, WES's PE ratio stands lower.
| Stock name | PE ratio | Market cap |
|---|---|---|
| WES Western Midstream Partners LP | 11.18 | $15.15B |
| EPD Enterprise Products Partners Lp | 11.79 | $65.02B |
| ATO Atmos Energy Corp | 19.03 | $19.03B |
| OKE Oneok Inc | 19.34 | $47.87B |
As of Jul 25, 2024, WES stock has a price to earnings ratio of 11.22.
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 10.0.
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 57% 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 (Jul 25, 2024), Western Midstream Partners's stock price is $39.96. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $3.56. Therefore, Western Midstream Partners's P/E ratio for today is 11.22. PE RATIO(11.22) = STOCK PRICE($39.96) / TTM EPS($3.56)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.