Western Midstream
WES
Western Midstream (WES) - P/B ratio
P/B ratio as of April 2024 : 4.51
According to Western Midstream
's latest financial reports the company has a price-to-book ratio of 4.51.
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 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 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 | differencediff. | Country |
|---|---|---|---|
 Atmos Energy ATO | 1.57 | -65.28% | 🇺🇸 USA |
 Oneok OKE | 2.87 | -36.28% | 🇺🇸 USA |
 Enterprise Products EPD | 2.20 | -51.30% | 🇺🇸 USA |