Enbridge Inc. (ENB) P/E Ratio History
Historical price-to-earnings valuation from 1992 to 2025
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ENB Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
The current P/E is roughly in line with its 5-year average of 16.8x. Over the past five years, ENB's P/E has ranged from a low of 11.5x to a high of 30.3x, placing the current valuation at the 70th percentile of its historical range.
Compared to the Energy sector median P/E of 16.9x, ENB is roughly in line with its sector peers. The sector includes 174 companies with P/E ratios ranging from 3.2x to 190.3x.
The PEG ratio of 1.00 (P/E divided by 38% 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, ENB trades at a notable discount to the S&P 500 median P/E of 25.2x. 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 ENB 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.
ENB P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $70B | 23.1 | 0.24Best | +17% | |
| $90B | 34.5 | 0.52 | +18% | |
| $68B | 14.7 | - | +5% | |
| $81B | 14.1 | 1.53 | -1% | |
| $68B | 27.2 | - | -26% | |
| $57B | 11.5Lowest | - | +14% | |
| $16B | 30.4 | - | -48% | |
| $54B | 15.8 | 0.51 | +5% | |
| $11B | 24.0 | - | +206%Best | |
| $54B | 29.3 | - | +48% |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
ENB Historical P/E Data (1992–2025)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2025 Q4 | Wed Dec 31 2025 00:00:00 GM | $47.83 | $3.22 | 14.9x | -49% |
| FY2025 Q3 | $50.46 | $2.55 | 19.8x | -33% | |
| FY2025 Q2 | Mon Jun 30 2025 00:00:00 GM | $45.32 | $2.84 | 16.0x | -46% |
| FY2025 Q1 | Mon Mar 31 2025 00:00:00 GM | $44.31 | $2.70 | 16.4x | -44% |
| FY2024 Q4 | $42.43 | $2.34 | 18.1x | -38% | |
| FY2024 Q3 | Mon Sep 30 2024 00:00:00 GM | $40.61 | $2.93 | 13.9x | -53% |
| FY2024 Q2 | Sun Jun 30 2024 00:00:00 GM | $35.59 | $2.60 | 13.7x | -53% |
| FY2024 Q1 | Sun Mar 31 2024 00:00:00 GM | $36.18 | $2.65 | 13.7x | -53% |
| FY2023 Q4 | Sun Dec 31 2023 00:00:00 GM | $36.02 | $2.83 | 12.7x | -57% |
| FY2023 Q3 | Sat Sep 30 2023 00:00:00 GM | $33.19 | $1.47 | 22.6x | -23% |
| FY2023 Q2 | Fri Jun 30 2023 00:00:00 GM | $37.15 | $1.88 | 19.8x | -33% |
| FY2023 Q1 | Fri Mar 31 2023 00:00:00 GM | $38.15 | $1.26 | 30.3x | +3% |
Average P/E for displayed period: 29.4x
Full ENB Stock Analysis
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Start ComparisonENB — Frequently Asked Questions
Quick answers to the most common questions about buying ENB stock.
Is ENB stock overvalued or undervalued?
ENB trades at 16.8x P/E, near its 5-year average of 16.8x. The 70th percentile ranking places valuation within normal historical bounds.
How does ENB's valuation compare to peers?
Enbridge Inc. P/E of 16.8x compares to sector median of 16.9x. The discount suggests lower growth expectations or higher risk.
What is ENB's PEG ratio?
ENB PEG ratio is 1.00. Between 1-2 suggests valuation aligns with growth. Historical P/E data spans 1992-2025.