P/E ratio for Enterprise Products (EPD)
P/E ratio as of April 2024 (TTM): 11.7
According to Enterprise Products's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.6785. At the end of 2022 the company had a P/E ratio of 9.63.
P/E ratio history for Enterprise Products from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 9.63 | -7.78% |
| 2021 | 10.4 | -8.59% |
| 2020 | 11.4 | -15.14% |
| 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 | 4.15% |
| 2013 | 23.5 | 28.75% |
| 2012 | 18.3 | -2.28% |
| 2011 | 18.7 | -44.37% |
| 2010 | 33.6 | -36.66% |
| 2009 | 53.1 | 371.08% |
| 2008 | 11.3 | -66.07% |
| 2007 | 33.2 | 38.65% |
| 2006 | 24.0 | -10.22% |
| 2005 | 26.7 | -10.25% |
| 2004 | 29.7 | -46.73% |
| 2003 | 55.8 | 55.31% |
| 2002 | 35.9 | 173.23% |
| 2001 | 13.1 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Kinder Morgan KMI | 17.1 | 46.31% | 🇺🇸 USA |
 Williams Companies
WMB | 17.3 | 48.52% | 🇺🇸 USA |
 Plains All American Pipeline PAA | 11.2 | -4.28% | 🇺🇸 USA |
 Sea (Garena) SE | 128 | 999.04% | 🇸🇬 Singapore |
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.