P/E ratio for Enterprise Products (EPD)
P/E ratio as of October 2022 (TTM): 11.1
According to Enterprise Products's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.1069. At the end of 2021 the company had a P/E ratio of 10.3.
P/E ratio history for Enterprise Products from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 10.3 | -8.78% |
| 2020 | 11.3 | -15.79% |
| 2019 | 13.5 | 4.58% |
| 2018 | 12.9 | -36.66% |
| 2017 | 20.3 | -9.68% |
| 2016 | 22.5 | 10.77% |
| 2015 | 20.3 | -17.08% |
| 2014 | 24.5 | 3.89% |
| 2013 | 23.6 | 28.6% |
| 2012 | 18.3 |
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.