Energy Transfer Partners
ET
#343
Rank
$54.78 B
Marketcap
$16.25
Share price
-0.37%
Change (1 day)
25.97%
Change (1 year)
Energy Transfer Partners (ETP) is an American energy company. ETP operates natural gas and NGL pipelines, oil pipelines and petrol stations.

P/E ratio for Energy Transfer Partners (ET)

P/E ratio as of July 2024 (TTM): 15.3

According to Energy Transfer Partners 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.3302. At the end of 2022 the company had a P/E ratio of 8.42.

P/E ratio history for Energy Transfer Partners from 2006 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20228.4295.37%
20214.31-116.73%
2020-25.8-370.95%
20199.50-13.67%
201811.0-46.43%
201720.51.09%
201620.365.69%
201512.3-75.2%
201449.5-38.88%
201380.9117.1%
201237.327.69%
201129.2-35.74%
201045.4195.64%
200915.459.26%
20089.65-65.76%
200728.2-42.55%
200649.1

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-5.56-136.28%๐Ÿ‡บ๐Ÿ‡ธ USA
18.4 19.73%๐Ÿ‡บ๐Ÿ‡ธ USA

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.