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BIPBrookfield Infrastructure Partners L.P.
$37.57$17.4B
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HomeStocksBIPP/E History

BIP logoBrookfield Infrastructure Partners L.P. (BIP) P/E Ratio History

Undervalued

Trading at 38.3x vs 5Y avg 250.5x · 35th percentile · Below historical baseline · Data 2008–2026

Current P/E (TTM)
38.3x
-85% vs 5Y avg
5Y Avg P/E
250.5x
Median 53.1x
5Y Percentile
35th
Mid-range
PEG Ratio
1.14
Aligned with growth
5-Year P/E Range
38.3x
Min17.8xMedian53.1xMax3179.0x
TTM EPS$0.91
Price$37.57
Earnings Yield2.61%
EPS Growth (1Y)716.7%
EPS Growth (5Y)33.6%

Loading P/E history...

P/E Ratio Analysis

As of June 20, 2026, Brookfield Infrastructure Partners L.P. (BIP) trades at a price-to-earnings ratio of 38.3x, with a stock price of $37.57 and trailing twelve-month earnings per share of $0.91.

The current P/E is 85% below its 5-year average of 250.5x. Over the past five years, BIP's P/E has ranged from a low of 17.8x to a high of 3179.0x, placing the current valuation at the 35th percentile of its historical range.

Compared to the Utilities sector median P/E of 19.0x, BIP trades at a 102% premium to its sector peers. The sector includes 111 companies with P/E ratios ranging from 0.0x to 170.1x.

The PEG ratio of 1.14 (P/E divided by 717% EPS growth) suggests a fair valuation relative to its earnings growth. Peter Lynch popularized the rule that a PEG below 1.0 indicates an attractive entry point.

Relative to the broader market, BIP commands a significant premium over the S&P 500 median P/E of 24.4x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.

For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our BIP DCF Valuation Calculator →

Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.

BIP Cross-Benchmark Valuation

How does the current P/E compare to sector peers and the broader market?

vs. Utilities
38.3vs19.0
+102%
Above Sector
vs. S&P 500
38.3vs24.4
+57%
Above Market
PEG Analysis
1.14
P/E ÷ EPS Growth
PEG 1-2 = Fair
Based on 717% EPS growth (1Y)

BIP P/E vs Peers

Multi-sector infrastructure owners peers sorted by market cap

CompanyMarket CapP/E RatioPEG RatioEPS Growth (1Y)
AQN logoAQNAlgonquin Power & Utilities Corp.
$5B25.6-+113%Best
TRP logoTRPTC Energy Corporation
$70B29.2--26%
ENB logoENBEnbridge Inc.
$119B23.71.40+38%
AWK logoAWKAmerican Water Works Company, Inc.
$24B21.92.78+6%
AMT logoAMTAmerican Tower Corporation
$82B32.74.48+12%
CCI logoCCICrown Castle Inc.
$36B80.4-+111%
KMI logoKMIKinder Morgan, Inc.
$70B23.10.24Best+17%
WMB logoWMBThe Williams Companies, Inc.
$89B34.20.52+18%
ET logoETEnergy Transfer LP
$65B13.9Lowest-+5%

Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.

BIP Historical P/E Data (2008–2026)

Quarterly P/E ratios calculated from closing price and TTM EPS

QuarterPeriod EndPriceTTM EPSP/E Ratiovs Avg
FY2026 Q1-$36.12$0.7647.7x-74%
FY2025 Q4Dec 31 2025$34.74$0.9835.3x-81%
FY2025 Q3Nov 07 2025$35.22$0.6653.1x-71%
FY2025 Q2Jun 30 2025$33.50$0.04764.8x+322%
FY2024 Q4-$31.79$0.013179.0x+1652%
FY2024 Q1Mar 31 2024$31.21$0.5062.4x-66%
FY2023 Q4Dec 31 2023$31.49$0.3395.4x-47%
FY2023 Q3Sep 30 2023$29.40$0.4861.3x-66%
FY2023 Q2Jun 30 2023$36.50$0.5073.0x-60%
FY2023 Q1Mar 31 2023$33.77$0.8838.4x-79%
FY2022 Q4Dec 31 2022$30.99$1.5919.5x-89%
FY2022 Q3Sep 30 2022$35.90$1.7121.0x-88%
FY2022 Q2-$38.22$2.1417.8x-90%
FY2022 Q1-$44.15$1.6227.2x-85%
FY2021 Q4Dec 31 2021$40.54$1.1634.8x-81%
FY2021 Q3-$37.41$1.4625.6x-86%
FY2021 Q2Jun 30 2021$37.03$0.9041.1x-77%
FY2021 Q1Mar 31 2021$35.50$0.32110.9x-39%
FY2020 Q4-$32.93$0.23145.3x-20%
FY2020 Q1-$23.98$0.15156.4x-14%
FY2019 Q4-$29.95$0.03899.4x+396%
FY2019 Q3Sep 30 2019$29.73$0.12247.8x+37%
FY2019 Q2Jun 30 2019$25.73$0.011934.6x+966%
FY2019 Q1Mar 31 2019$25.09$0.08313.6x+73%
FY2018 Q4Dec 31 2018$20.69$0.3952.6x-71%
FY2018 Q3Sep 30 2018$23.90$0.4157.8x-68%
FY2018 Q2Jun 30 2018$23.01$0.4550.8x-72%
FY2018 Q1Mar 31 2018$24.95$0.2791.3x-50%
FY2017 Q3Sep 30 2017$25.85$0.18141.0x-22%
FY2017 Q2Jun 30 2017$24.51$0.3276.6x-58%
FY2017 Q1Mar 31 2017$23.17$0.6237.4x-79%
FY2016 Q4Dec 31 2016$20.06$0.7526.7x-85%
FY2016 Q3Sep 30 2016$20.76$0.5041.7x-77%
FY2016 Q2-$18.08$0.6030.2x-83%
FY2016 Q1-$16.83$0.3449.2x-73%
FY2015 Q4-$15.14$0.4831.4x-83%
FY2015 Q3Sep 30 2015$14.69$0.5825.1x-86%
FY2015 Q2-$17.83$0.5035.3x-81%
FY2015 Q1-$18.19$0.5036.1x-80%
FY2014 Q4Dec 31 2014$16.73$0.3056.0x-69%
FY2013 Q3Sep 30 2013$15.19$0.3543.7x-76%
FY2013 Q2Jun 30 2013$14.59$0.4432.8x-82%
FY2013 Q1Mar 31 2013$15.20$0.10147.1x-19%
FY2012 Q4Dec 31 2012$14.08$0.2070.0x-61%
FY2012 Q3Sep 30 2012$14.20$0.4730.1x-83%
FY2012 Q2Jun 30 2012$13.41$0.4927.3x-85%
FY2012 Q1Mar 31 2012$12.62$0.6419.8x-89%
FY2011 Q4Dec 31 2011$11.07$0.7514.8x-92%
FY2011 Q3Sep 30 2011$9.72$2.543.8x-98%
FY2011 Q2-$10.01$1.925.2x-97%
FY2011 Q1-$8.88$2.333.8x-98%
FY2010 Q4Dec 31 2010$8.41$1.904.4x-98%
FY2009 Q2-$4.93$0.716.9x-96%
FY2008 Q4Dec 31 2008$4.47$0.0593.1x-49%
FY2008 Q3-$6.28$0.03230.0x+27%

Average P/E for displayed period: 181.4x

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BIP — Frequently Asked Questions

Quick answers to the most common questions about buying BIP stock.

What is BIP's P/E ratio?

Brookfield Infrastructure Partners L.P. (BIP) trailing twelve-month P/E ratio is 38.3x, based on TTM diluted EPS of $0.91. The 5-year average P/E is 250.5x and the historical range spans 17.8x to 3179.0x.

Is BIP stock overvalued or undervalued?

BIP trades at 38.3x P/E, below its 5-year average of 250.5x. At the 35th percentile of its historical range (17.8x–3179.0x), the stock is priced at a discount to its own history.

Is BIP stock expensive?

No, BIP is not expensive on a historical basis. The current P/E of 38.3x is below the 5-year average of 250.5x and sits at the 35th percentile of its valuation range.

What is BIP's historical P/E range?

Over the past 5 years, BIP's P/E ratio has ranged from 17.8x to 3179.0x, with a median of 53.1x and an average of 250.5x. The current P/E of 38.3x places the stock at the 35th percentile of this range. Full historical data spans 2008–2026.

How does BIP's P/E compare to the S&P 500?

BIP trades at 38.3x P/E versus the S&P 500 median of 24.4x. The 57% premium to the market typically reflects higher expected earnings growth or quality.

How does BIP's valuation compare to Utilities peers?

Brookfield Infrastructure Partners L.P. P/E of 38.3x compares to the Utilities sector median of 19.0x. The premium reflects expected growth above peers or stronger fundamentals. See the peer comparison table on this page for ticker-by-ticker P/E and PEG.

What is BIP's PEG ratio?

BIP PEG ratio is 1.14, based on a P/E of 38.3x and EPS growth of 716.7%. A PEG between 1 and 2 suggests valuation aligns with growth expectations — typically considered fair.

What is BIP's earnings yield?

BIP earnings yield is 2.61%, the inverse of its 38.3x P/E ratio. Earnings yield represents the percentage of each dollar invested that the company earns. It can be compared directly to bond yields to assess relative attractiveness of stocks versus fixed income.

BIP P/E Ratio History (2008–2026)

Quarterly valuation multiple from closing price and trailing EPS

Current47.7x
Period Avg250.5x
Range17.8x - 3179.0x
Change-69%
20 quartersMar 31, 2020 - Mar 31, 2026