As of Apr 24, 2024, the CQP stock has a PE ratio of 6.93. The calculation is based on the latest EPS of $6.95 and the stock price of $48.16 per share. An increase of 9% has been observed in the PE ratio compared to its average of 6.4 of the last four quarters.
The mean historical PE ratio of Cheniere Energy Partners over the last nine years is 26.66. The current 6.93 P/E ratio is 74% lower than the historical average. Looking back at the last nine years, CQP's PE ratio peaked in the Mar 2016 quarter at 288.4, with a price of $28.84 and an EPS of $0.1. The Sep 2023 quarter marked the lowest point at 5.33, with a price of $54.19 and an EPS of $10.16.
Maximum annual increase: 23.51% in 2022
Maximum annual decrease: -58.83% in 2023
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 7.16 | -58.83% |
| 2022 | 17.39 | 23.51% |
| 2021 | 14.08 | -7.31% |
| 2020 | 15.19 | -14.13% |
| 2019 | 17.69 | 23.02% |
| 2018 | 14.38 | N/A |
| 2017 | N/A | N/A |
| 2016 | N/A | N/A |
| 2015 | N/A | N/A |
| 2014 | N/A | N/A |
Currently, CQP's PE ratio is lower than its 3, 5 and 10-year averages.
CQP's PE ratio stands lower than its peer stocks CVX and COP, but it is higher than LNG's. Cheniere Energy Partners's current PE ratio of 6.93 is lower than the average of its peers, which is 11.79.
| Stock name | PE ratio | Market cap |
|---|---|---|
| LNG Cheniere Energy Inc | 3.88 | $37.33B |
| CQP Cheniere Energy Partners LP | 6.93 | $23.32B |
| COP Conocophillips | 14.19 | $151.62B |
| CVX Chevron Corp | 14.32 | $303.47B |
| OKE Oneok Inc | 14.73 | $47.17B |
| UGI Ugi Corp | N/A | $5.39B |
As of Apr 24, 2024, CQP stock has a price to earnings ratio of 6.93.
As an average over the last 3 years, CQP stock has a PE ratio of 14.35.
As an average over the last 5 years, CQP stock has a PE ratio of 15.19.
Over the last nine years, the quarterly PE ratio reached its highest level at 288.4 in the Mar 2016 quarter.
CQP's current price to earnings ratio is 74% below its 9-year historical average.
A company with a lower PE ratio may indicate that the market has lower growth expectations for the company's future earnings.
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Apr 24, 2024), Cheniere Energy Partners's share price is $48.16. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $6.95. Therefore, Cheniere Energy Partners's PE ratio for today is 6.93. PE RATIO(6.93) = STOCK PRICE($48.16) / TTM EPS($6.95)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.