PBA (Pembina Pipeline) EV-to-EBITDA: 14.42 (As of Jul. 15, 2026) — Near Median

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PBA Pembina Pipeline Corp PBA
64 GF Score
Price $50.23
GF Value $39.36
Valuation Modestly Overvalued
! 9 Warning Signs
View Full Analysis

What is Pembina Pipeline EV-to-EBITDA?

Pembina Pipeline PBA +0.48% 64 EV-to-EBITDA is 14.42 as of Jul. 15, 2026, which is 3% above its 10-year median of 13.95. GuruFocus rates PBA with a GF Score™ of 64/100 and a GF Value™ of $39.36 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 759 Oil & Gas companies, Pembina Pipeline ranks worse than 78.79% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Pembina Pipeline's enterprise value is $39,822 Mil. Pembina Pipeline's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $2,761 Mil. Therefore, Pembina Pipeline's EV-to-EBITDA for today is 14.42.

The historical rank and industry rank for Pembina Pipeline's EV-to-EBITDA or its related term are showing as below:

PBA' s EV-to-EBITDA Range Over the Past 10 Years
Min: 8.37   Med: 13.95   Max: 54.37
Current: 14.42

During the past 13 years, the highest EV-to-EBITDA of Pembina Pipeline was 54.37. The lowest was 8.37. And the median was 13.95.

PBA's EV-to-EBITDA is ranked worse than
78.79% of 759 companies
in the Oil & Gas industry
Industry Median: 7.55 vs PBA: 14.42

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-07-15), Pembina Pipeline's stock price is $50.23. Pembina Pipeline's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $1.935. Therefore, Pembina Pipeline's PE Ratio (TTM) for today is 25.96.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Pembina Pipeline  (NYSE:PBA) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Pembina Pipeline's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=50.23/1.935
=25.96

Pembina Pipeline's share price for today is $50.23.
Pembina Pipeline's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.935.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Pembina Pipeline EV-to-EBITDA Related Terms


Pembina Pipeline EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Pembina Pipeline's EV-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Pembina Pipeline EV-to-EBITDA Chart

Pembina Pipeline Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.59 8.88 11.52 14.54 11.91

Pembina Pipeline Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.36 11.32 12.27 11.91 13.61

PBA vs WMB, EPD, KMI: EV-to-EBITDA Comparison

For the Oil & Gas Midstream subindustry, Pembina Pipeline's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Pembina Pipeline EV-to-EBITDA vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Pembina Pipeline's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Pembina Pipeline's EV-to-EBITDA falls into.


PBA
64GF Score
Pembina Pipeline Corp PBA
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pembina Pipeline EV-to-EBITDA Calculation

Pembina Pipeline's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=39821.990/2761.183
=14.42

Pembina Pipeline's current Enterprise Value is $39,822 Mil.
Pembina Pipeline's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,761 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 14.42 mean?
Pembina Pipeline (PBA) has a EV-to-EBITDA of 14.42 as of Jul. 15, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Pembina Pipeline. This is near median its historical median of 13.95. Over the past decade, Pembina Pipeline's EV-to-EBITDA has ranged from 8.37 to 54.37. According to the industry distribution chart, Pembina Pipeline ranks #598 out of 759 companies in the Oil & Gas industry, placing it in the top 78.8%.
Is Pembina Pipeline's EV-to-EBITDA too high?
Pembina Pipeline's current EV-to-EBITDA of 14.42 is near median its 10-year median of 13.95. Over the past 10 years, this metric has ranged from a low of 8.37 to a high of 54.37. The Oil & Gas industry median EV-to-EBITDA is 7.55. Pembina Pipeline's value of 14.42 is 91% above this industry median. Based on the distribution chart, Pembina Pipeline ranks #598 out of 759 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Pembina Pipeline has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pembina Pipeline's EV-to-EBITDA compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, Pembina Pipeline ranks #598 out of 759 companies for EV-to-EBITDA. This places Pembina Pipeline in the lower half of its industry. The industry median EV-to-EBITDA is 7.55. Pembina Pipeline's value of 14.42 is 91% above this benchmark. Historically, Pembina Pipeline's own EV-to-EBITDA has ranged from 8.37 to 54.37 over the past decade. While the company's 10-year median is 13.95 vs. the industry median of 7.55, Pembina Pipeline has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for an Oil & Gas company?
The median EV-to-EBITDA among Oil & Gas companies is 7.55, based on 759 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Pembina Pipeline's current EV-to-EBITDA of 14.42 is 91% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Pembina Pipeline. For the Oil & Gas industry, the median EV-to-EBITDA is 7.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pembina Pipeline's current EV-to-EBITDA is 14.42, which is near median its own 10-year median of 13.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pembina Pipeline stock overvalued right now?
Based on GuruFocus' analysis, Pembina Pipeline (PBA) is currently considered Modestly Overvalued. The stock's GF Value™ is $39.36, compared to a current price of $50.23 — trading 27.6% above its estimated fair value. The current EV-to-EBITDA is 14.42, which is near median its 10-year median of 13.95 and 91% above the Oil & Gas industry median of 7.55. Pembina Pipeline's overall GF Score™ is 64/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Pembina Pipeline (PBA), the current EV-to-EBITDA is 14.42 as of Jul. 15, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Pembina Pipeline (PBA) Overvalued in 2026?

Based on GuruFocus' analysis, Pembina Pipeline stock appears to be overvalued. The current stock price of $50.23 is trading 27.6% above its estimated GF Value™ of $39.36. GuruFocus considers Pembina Pipeline to be Modestly Overvalued.

Key valuation signals for PBA:

  • EV-to-EBITDA: 14.42 (near median its 10-year median of 13.95)
  • GF Value™: $39.36 vs. price of $50.23 (27.6% above fair value)
  • GF Score™: 64/100 with 9 warning signs
  • Industry Position: 91% above the Oil & Gas median (#598 of 759)

No single metric tells the full story. See the PBA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pembina Pipeline Business Description

Industry EnergyOil & Gas
Address 585 - 8th Avenue SW, Suite 4000, Calgary, AB, CAN, T2P 1G1
Pembina Pipeline is a midstream company serving the Canadian and North American (primarily Bakken) markets with an integrated product portfolio. Its operations include transmission pipelines, oil and gas gathering, fractionation, storage, and natural gas liquid exports. It also has a joint venture through the Cedar LNG export terminal.
64GF Score

Get the complete analysis for PBA

EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$50.23
Price
$39.36
GF Value