Enbridge
ENB
#157
Rank
$83.81 B
Marketcap
$41.20
Share price
-1.29%
Change (1 day)
5.67%
Change (1 year)
Enbridge is a Canadian company that operates the world's largest crude oil and liquid pipeline system in Canada and the United States.

P/E ratio for Enbridge (ENB)

P/E ratio as of November 2022 (TTM): 24.8

According to Enbridge's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.8321. At the end of 2021 the company had a P/E ratio of 17.2.

P/E ratio history for Enbridge from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202117.2-37.69%
202027.540.77%
201919.6-33.59%
201829.5-0.59%
201729.62.15%
201629.0-102.55%
2015< -1000-2752.36%
201442.9-48.9%
201384.052.74%
201255.090.03%
201128.933.1%
201021.792.57%
200911.35.72%
200810.7-48%
200720.5-7.2%
200622.10.22%
200522.144.63%
200415.314.72%
200313.328.09%
200210.4-17.06%
200112.5

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
23.2-6.67%๐Ÿ‡บ๐Ÿ‡ธ USA
7.47-69.91%๐Ÿ‡จ๐Ÿ‡ฆ Canada
21.7-12.54%๐Ÿ‡จ๐Ÿ‡ฆ Canada
-11.5-146.41%๐Ÿ‡ธ๐Ÿ‡ฌ Singapore
10.5-57.61%๐Ÿ‡บ๐Ÿ‡ธ USA
9.56-61.50%๐Ÿ‡จ๐Ÿ‡ฆ Canada

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.