According to Energy Transfer Partners 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.6604. At the end of 2022 the company had a P/E ratio of 8.42.
Year | P/E ratio | Change |
---|---|---|
2022 | 8.42 | 95.37% |
2021 | 4.31 | -116.73% |
2020 | -25.8 | -370.95% |
2019 | 9.50 | -13.67% |
2018 | 11.0 | -46.43% |
2017 | 20.5 | 1.09% |
2016 | 20.3 | 65.69% |
2015 | 12.3 | -75.2% |
2014 | 49.5 | -38.88% |
2013 | 80.9 | 117.1% |
2012 | 37.3 | 27.69% |
2011 | 29.2 | -35.74% |
2010 | 45.4 | 195.64% |
2009 | 15.4 | 59.26% |
2008 | 9.65 | -65.76% |
2007 | 28.2 | -42.55% |
2006 | 49.1 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
Kinder Morgan KMI | 17.3 | 17.82% | ๐บ๐ธ USA |
NextDecade Corp NEXT | -4.56 | -131.12% | ๐บ๐ธ USA |
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.