Pembina Pipeline
PBA
#913
Rank
$19.86 B
Marketcap
$34.20
Share price
-0.84%
Change (1 day)
2.06%
Change (1 year)

P/E ratio for Pembina Pipeline (PBA)

P/E ratio as of April 2024 (TTM): 9.60

According to Pembina Pipeline 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.6024. At the end of 2022 the company had a P/E ratio of 8.82.

P/E ratio history for Pembina Pipeline from 2010 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20228.82-54.25%
202119.3-160.86%
2020-31.7-271.88%
201918.47.85%
201817.1-31.03%
201724.8-38.58%
201640.343.07%
201528.2-25.36%
201437.814.31%
201333.00.29%
201232.912.4%
201129.342.82%
201020.5

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
13.7 43.14%๐Ÿ‡บ๐Ÿ‡ธ USA
23.6 145.41%๐Ÿ‡จ๐Ÿ‡ฆ Canada
17.1 78.18%๐Ÿ‡บ๐Ÿ‡ธ USA
2.99-68.87%๐Ÿ‡ฌ๐Ÿ‡ท Greece

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.