Western Midstream (WES)

P/B ratio as of June 2026 : 5.06

According to Western Midstream 's latest financial reports the company has a price-to-book ratio of 4.61825.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Western Midstream - P/B ratio (from 2012 to 2026)

P/B ratio by year

Year	P/B ratio	Change
2026-12-31	N/A	-100%
2025-12-31	3.89	-11.77%
2024-12-31	4.41	20.35%
2023-12-31	3.67	10.2%
2022-12-31	3.33	13.23%
2021-12-31	2.94	47.88%
2020-12-31	1.99	-23.97%
2019-12-31	2.61	110.59%
2018-12-31	1.24	-39.83%
2017-12-31	2.06	-8.56%
2016-12-31	2.26	11.29%
2015-12-31	2.03	-36.46%
2014-12-31	3.19	7.1%
2013-12-31	2.98	3.59%
2012-12-31	2.87
2011-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
Atmos Energy ATO	1.90	-62.37%	🇺🇸 USA
Oneok OKE	2.38	-52.93%	🇺🇸 USA
Enterprise Products EPD	2.61	-48.52%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Western Midstream (WES) - P/B ratio