Energy Transfer LP - Unit (ET) has a P/E ratio of 13.24, below the Energy sector average of 19.64.
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The P/E ratio compares a company's stock price to its earnings per share. A lower P/E ratio may indicate that the stock is undervalued.
As of the most recent data, ET shows a P/E ratio of 13.24. That is below the Energy sector average of 19.64. Scroll down for historical charts and peer comparison views.
The Energy sector average P/E ratio is about 19.64. Energy Transfer LP - Unit is at 13.24, which is lower that average. That is roughly 32.6% below the sector mean. Use the comparison chart on this page to see how ET stacks up against individual peers as well.
Investors watch ET's P/E ratio because it compresses price and fundamentals into one number that is easy to compare across companies and over time. Energy Transfer LP - Unit's latest reading is 13.24. Combining that with growth, ROE, and debt metrics usually beats relying on a single multiple.
Besides this p/e ratio page, Stockcircle has Energy Transfer LP - Unit's full stock overview, other financial metrics, insider and congress trade tabs, and tools to follow the stock. Together they help you connect P/E ratio (currently 13.24) with ownership activity and broader fundamentals.
The Energy average P/E ratio is about 19.64, while ET is at 13.24. Typical ranges vary by sub-industry, so always sanity-check against the closest competitors, not just the whole sector bucket.