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WES Western Midstream Partners PE ratio, current and historical analysis

The current PE ratio for Western Midstream Partners stock as of Jul 12, 2024 is 11.51. This is calculated based on the current EPS of $3.56 and the stock price of $40.96 per share. The P/E ratio has an increase of 12% from the past four quarters average of 10.3.

WES PE ratio history

How has WES's PE ratio performed in the past

The average historical PE ratio of Western Midstream Partners for the last ten years is 25.96. The current PE ratio of 11.51 is 56% 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.

Average
25.96
Median
17.51
Minimum
4.5
Maximum
101.69

Western Midstream Partners PE ratio by year

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%

WES average PE ratio chart

What is the average PE ratio of WES for the past years

Currently, WES's PE ratio is greater than its 3 and 5-year historical averages, but it is below the 10-year average.

3-year avg
9.79
5-year avg
10
10-year avg
25.96
15-year avg
N/A

WES PE vs peers

What is WES's PE ratio compared to its peers

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 11.51 $15.58B
EPD Enterprise Products Partners Lp 11.57 $63.84B
ATO Atmos Energy Corp 18.24 $18.25B
OKE Oneok Inc 19.97 $49.41B

Frequently asked questions

What is Western Midstream Partners's PE ratio?

As of Jul 12, 2024, WES stock has a price to earnings ratio of 11.51.

What is the 3-year average PE ratio for Western Midstream Partners (WES)?

As an average over the last 3 years, WES stock has a PE ratio of 9.79.

What is the 5-year average PE ratio for Western Midstream Partners (WES)?

As an average over the last 5 years, WES stock has a PE ratio of 10.0.

What is the highest PE ratio for WES?

Over the last ten years, the quarterly PE ratio reached a historic high of 101.69 in the Mar 2015 quarter.

How does the current PE ratio for WES compare to its historical average?

The current price to earnings ratio of WES is 56% lower than the 10-year historical average.

How is WES's PE ratio calculated (Western Midstream Partners PE ratio formula)?

The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (Jul 12, 2024), Western Midstream Partners's stock price is $40.96. 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 11.51. PE RATIO(11.51) = STOCK PRICE($40.96) / TTM EPS($3.56)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.