Enterprise Products
EPD
#242
Rank
$54.71 B
Marketcap
$25.11
Share price
0.80%
Change (1 day)
9.70%
Change (1 year)

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
202110.3-8.78%
202011.3-15.79%
201913.54.58%
201812.9-36.66%
201720.3-9.68%
201622.510.77%
201520.3-17.08%
201424.53.89%
201323.628.6%
201218.3

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.