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Western Midstream Partners LP PB Ratio

: 2.86 (As of Today)
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The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2021-12-09), Western Midstream Partners LP's share price is $20.65. Western Midstream Partners LP's Book Value per Share for the quarter that ended in Sep. 2021 was $7.23. Hence, Western Midstream Partners LP's PB Ratio of today is 2.86.

The historical rank and industry rank for Western Midstream Partners LP's PB Ratio or its related term are showing as below:

NYSE:WES' s PB Ratio Range Over the Past 10 Years
Min: 0.53   Med: 7.59   Max: 15.09
Current: 2.87

0.53
15.09

During the past 13 years, Western Midstream Partners LP's highest PB Ratio was 15.09. The lowest was 0.53. And the median was 7.59.

NYSE:WES's PB Ratio is ranked lower than
79% of the 1011 Companies
in the Oil & Gas industry.

( Industry Median: 1.29 vs. NYSE:WES: 2.87 )

During the past 12 months, Western Midstream Partners LP's average Book Value Per Share Growth Rate was 13.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 11.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 5.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -5.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Western Midstream Partners LP was 16.20% per year. The lowest was -46.60% per year. And the median was -6.65% per year.

Back to Basics: PB Ratio


Western Midstream Partners LP PB Ratio Historical Data

The historical data trend for Western Midstream Partners LP's PB Ratio 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.

* Premium members only.

Western Midstream Partners LP Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
PB Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.85 7.67 2.59 2.74 2.07

Western Midstream Partners LP Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
PB Ratio 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 Premium Member Only Premium Member Only Premium Member Only 1.25 2.07 2.74 3.04 2.90

Competitive Comparison

For the Oil & Gas Midstream subindustry, Western Midstream Partners LP's PB Ratio, along with its competitors' market caps and PB Ratio 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.

   

Western Midstream Partners LP PB Ratio Distribution

For the Oil & Gas industry and Energy sector, Western Midstream Partners LP's PB Ratio distribution charts can be found below:

* The bar in red indicates where Western Midstream Partners LP's PB Ratio falls into.



Western Midstream Partners LP PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Western Midstream Partners LP's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2021)
=20.65/7.231
=2.86

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Western Midstream Partners LP  (NYSE:WES) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Western Midstream Partners LP PB Ratio Related Terms

Thank you for viewing the detailed overview of Western Midstream Partners LP's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Western Midstream Partners LP Business Description

Western Midstream Partners LP logo
Industry
Energy » Oil & Gas NAICS : 213112 SIC : 1389
Traded in Other Exchanges
N/A
Address
9950 Woodloch Forest Drive, Suite 2800, The Woodlands, TX, USA, 77380
Western Midstream Partners LP is a US-based company which own, operate, acquire and develop midstream energy assets. The company through its subsidiary is engaged in the business of gathering, processing, compressing, treating and transporting natural gas, condensate, NGLs and crude oil. It owns or has investments in assets located in the Rocky Mountains (Colorado, Utah, and Wyoming), the Mid-Continent (Kansas and Oklahoma), North-central Pennsylvania and Texas.
Executives
Stewart Lisa A director EL PASO CORPORATION 1001 LOUISIANA STREET HOUSTON TX 77002
Schulte David J director 233 WEST 47TH ST. KANSAS CITY MO 64112
Owen Kenneth F. director 15631 JACINTOPORT BLVD. HOUSTON TX 77015
Oxy Oil Partners, Inc. 10 percent owner 5 GREENWAY PLAZA, SUITE 110 HOUSTON TX 77046
Occidental Permian Manager Llc 10 percent owner 5 GREENWAY PLAZA, SUITE 110 HOUSTON TX 77046
Baseball Merger Sub 2, Inc. 10 percent owner 5 GREENWAY PLAZA, SUITE 110 HOUSTON TX 77046
Wgr Asset Holding Co Llc 10 percent owner 1201 LAKE ROBBINS DRIVE THE WOODLANDS TX 77380
Kerr-mcgee Worldwide Corp other: Former 10% Owner 1201 LAKE ROBBINS DRIVE THE WOODLANDS TX 77380
Apc Midstream Holdings, Llc 10 percent owner 1201 LAKE ROBBINS DRIVE THE WOODLANDS TX 77380
Anadarko E&p Onshore Llc other: Former 10% Owner 1201 LAKE ROBBINS DRIVE THE WOODLANDS TX 77380
Western Gas Resources Inc 10 percent owner 1099 18TH STREET, SUITE 1200 DENVER CO 80202-1955
Anadarko Petroleum Corp 10 percent owner 1201 LAKE ROBBINS DR. THE WOODLANDS TX 77380
Occidental Petroleum Corp /de/ 10 percent owner 5 GREENWAY PLAZA SUITE 110 HOUSTON TX 77046
Oxy Usa Inc 10 percent owner 5 GREENWAY PLAZA SUITE 110 HOUSTON TX 77046
Bourne Robert W. officer: SVP & Chief Commercial Officer 1400 16TH STREET SUITE 310 DENVER CO 80202

Western Midstream Partners LP Headlines

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