As of Jul 25, 2024, the CQP stock has a PE ratio of 11.42. The calculation is based on the latest EPS of $4.63 and the stock price of $52.89 per share. An increase of 56% has been observed in the PE ratio compared to its average of 7.3 of the last four quarters.
The mean historical PE ratio of Cheniere Energy Partners over the last nine years is 26.0. The current 11.42 P/E ratio is 56% 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 11.42 is lower than the average of its peers, which is 13.67.
| Stock name | PE ratio | Market cap |
|---|---|---|
| LNG Cheniere Energy Inc | 8.52 | $40.45B |
| CQP Cheniere Energy Partners LP | 11.62 | $26.04B |
| COP Conocophillips | 12.53 | $129.65B |
| CVX Chevron Corp | 14.45 | $291.53B |
| OKE Oneok Inc | 19.34 | $47.87B |
| UGI Ugi Corp | N/A | $5.17B |
As of Jul 25, 2024, CQP stock has a price to earnings ratio of 11.42.
As an average over the last 3 years, CQP stock has a PE ratio of 13.27.
As an average over the last 5 years, CQP stock has a PE ratio of 14.84.
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 56% below its 9-year historical average.
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Jul 25, 2024), Cheniere Energy Partners's share price is $52.89. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $4.63. Therefore, Cheniere Energy Partners's PE ratio for today is 11.42. PE RATIO(11.42) = STOCK PRICE($52.89) / TTM EPS($4.63)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.