Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Pembina Pipeline's share price for the quarter that ended in Mar. 2026 was $44.76. Pembina Pipeline's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 581 Mil. Therefore, Pembina Pipeline's market cap for the quarter that ended in Mar. 2026 was $26,019 Mil.
Pembina Pipeline's quarterly market cap
declined
from Sep. 2025 ($23,505 Mil) to Dec. 2025 ($22,115 Mil) but then
increased
from Dec. 2025 ($22,115 Mil) to Mar. 2026 ($26,019 Mil).
Pembina Pipeline's annual market cap
increased
from Dec. 2023 ($18,910 Mil) to Dec. 2024 ($21,468 Mil) and
increased
from Dec. 2024 ($21,468 Mil) to Dec. 2025 ($22,115 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Pembina Pipeline's Enterprise Value for Today is $38,330 Mil.
Pembina Pipeline (NYSE:PBA) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Pembina Pipeline Market Cap Related Terms
Pembina Pipeline Market Cap Historical Data
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The historical data trend for Pembina Pipeline's Market Cap 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.
For the Oil & Gas Midstream subindustry, Pembina Pipeline's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Pembina Pipeline's Market Cap distribution charts can be found below:
* The bar in red indicates where Pembina Pipeline's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Pembina Pipeline's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (PBA) has a Market Cap of $27,444 Mil as of Jun. 25, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Pembina Pipeline and its competitors. According to the industry distribution chart, Pembina Pipeline ranks #50 out of 1043 companies in the Oil & Gas industry, placing it in the top 4.8%.
Is Pembina Pipeline's Market Cap too high?
Pembina Pipeline's current Market Cap is $27,444 Mil. The Oil & Gas industry median Market Cap is 210.36. Pembina Pipeline's value of $27,444 Mil is 12946.5% above this industry median. Based on the distribution chart, Pembina Pipeline ranks #50 out of 1043 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Pembina Pipeline has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pembina Pipeline's Market Cap compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, Pembina Pipeline ranks #50 out of 1043 companies for Market Cap. This places Pembina Pipeline in the top 5% of its industry — outperforming the majority of peers. The industry median Market Cap is 210.36. Pembina Pipeline's value of $27,444 Mil is 12946.5% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for an Oil & Gas company?
The median Market Cap among Oil & Gas companies is 210.36, based on 1,043 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Pembina Pipeline's current Market Cap of $27,444 Mil is 12946.5% 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Pembina Pipeline and its competitors. For the Oil & Gas industry, the median Market Cap is 210.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pembina Pipeline's current Market Cap is $27,444 Mil. 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 $38.77, compared to a current price of $47.14 — trading 21.6% above its estimated fair value. The current Market Cap is $27,444 Mil and 12946.5% above the Oil & Gas industry median of 210.36. Pembina Pipeline's overall GF Score™ is 69/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Pembina Pipeline (PBA), the current Market Cap is $27,444 Mil as of Jun. 25, 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 $47.14 is trading 21.6% above its estimated GF Value™ of $38.77.
GuruFocus considers Pembina Pipeline to be Modestly Overvalued.
Key valuation signals for PBA:
Market Cap: $27,444 Mil
GF Value™: $38.77 vs. price of $47.14 (21.6% above fair value)
Industry Position: 12946.5% above the Oil & Gas median (#50 of 1043)
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 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.
69GF Score
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