P/E ratio for Pembina Pipeline (PBA)
P/E ratio as of June 2024 (TTM): 10.2
According to Pembina Pipeline 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.1752. At the end of 2022 the company had a P/E ratio of 8.82.
P/E ratio history for Pembina Pipeline from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 8.82 | -54.25% |
| 2021 | 19.3 | -160.86% |
| 2020 | -31.7 | -271.88% |
| 2019 | 18.4 | 7.85% |
| 2018 | 17.1 | -31.03% |
| 2017 | 24.8 | -38.58% |
| 2016 | 40.3 | 43.07% |
| 2015 | 28.2 | -25.36% |
| 2014 | 37.8 | 14.31% |
| 2013 | 33.0 | 0.29% |
| 2012 | 32.9 | 12.4% |
| 2011 | 29.3 | 42.82% |
| 2010 | 20.5 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Magellan Midstream Partners
MMP | 13.7 | 35.08% | 🇺🇸 USA |
 Enbridge ENB | 25.6 | 151.19% | 🇨🇦 Canada |
 NuStar Energy NS | 18.5 | 81.36% | 🇺🇸 USA |
 GasLog Partners
GLOP | 2.99 | -70.63% | 🇬🇷 Greece |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.