According to Enbridge's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 25.5982. At the end of 2022 the company had a P/E ratio of 38.8.
Year | P/E ratio | Change |
---|---|---|
2022 | 38.8 | 125.69% |
2021 | 17.2 | -37.91% |
2020 | 27.7 | 39.15% |
2019 | 19.9 | -29.8% |
2018 | 28.3 | -6.96% |
2017 | 30.5 | 10.27% |
2016 | 27.6 | -102.87% |
2015 | -963 | -2522.46% |
2014 | 39.7 | -50.22% |
2013 | 79.8 | 44.88% |
2012 | 55.1 | 97.28% |
2011 | 27.9 | 23.86% |
2010 | 22.6 | 80.83% |
2009 | 12.5 | 33% |
2008 | 9.38 | -56.51% |
2007 | 21.6 | -0.75% |
2006 | 21.7 | -22.76% |
2005 | 28.1 | -2.81% |
2004 | 28.9 | -0.23% |
2003 | 29.0 | 35.43% |
2002 | 21.4 | -15.85% |
2001 | 25.5 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
Hess HES | 31.3 | 22.31% | ๐บ๐ธ USA |
Imperial Oil
IMO | 10.7 | -58.29% | ๐จ๐ฆ Canada |
TC Energy
TRP | 51.6 | 101.62% | ๐จ๐ฆ Canada |
Sea (Garena) SE | 132 | 416.69% | ๐ธ๐ฌ Singapore |
Enterprise Products EPD | 11.8 | -54.06% | ๐บ๐ธ USA |
Cenovus Energy
CVE | 13.4 | -47.67% | ๐จ๐ฆ Canada |
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.