Western Price Earnings To Growth Ratio from 2010 to 2024

WES Stock  USD 39.63  0.89  2.30%   
Western Midstream Price Earnings To Growth Ratio yearly trend continues to be comparatively stable with very little volatility. Price Earnings To Growth Ratio will likely drop to -0.87 in 2024. From the period from 2010 to 2024, Western Midstream Price Earnings To Growth Ratio quarterly data regression had mean square error of  65.87 and mean deviation of  5.65. View All Fundamentals
 
Price Earnings To Growth Ratio  
First Reported
2010-12-31
Previous Quarter
(0.83)
Current Value
(0.87)
Quarterly Volatility
7.86003175
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Western Midstream financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Western Midstream's main balance sheet or income statement drivers, such as Interest Expense of 365.6 M, Selling General Administrative of 244.3 M or Total Revenue of 1.7 B, as well as many indicators such as Price To Sales Ratio of 5.78, Dividend Yield of 0.0508 or PTB Ratio of 4.06. Western financial statements analysis is a perfect complement when working with Western Midstream Valuation or Volatility modules.
  
Check out the analysis of Western Midstream Correlation against competitors.

Latest Western Midstream's Price Earnings To Growth Ratio Growth Pattern

Below is the plot of the Price Earnings To Growth Ratio of Western Midstream Partners over the last few years. It is Western Midstream's Price Earnings To Growth Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Western Midstream's overall financial position and show how it may be relating to other accounts over time.
Price Earnings To Growth Ratio10 Years Trend
Very volatile
   Price Earnings To Growth Ratio   
       Timeline  

Western Price Earnings To Growth Ratio Regression Statistics

Arithmetic Mean(3.44)
Coefficient Of Variation(228.40)
Mean Deviation5.65
Median0.01
Standard Deviation7.86
Sample Variance61.78
Range25.2061
R-Value0.10
Mean Square Error65.87
R-Squared0.01
Significance0.72
Slope0.18
Total Sum of Squares864.92

Western Price Earnings To Growth Ratio History

2024 -0.87
2023 -0.83
2022 0.23
2021 0.12
2020 -0.38
2019 -19.84
2018 -9.42

About Western Midstream Financial Statements

Western Midstream shareholders use historical fundamental indicators, such as Price Earnings To Growth Ratio, to determine how well the company is positioned to perform in the future. Although Western Midstream investors may analyze each financial statement separately, they are all interrelated. The changes in Western Midstream's assets and liabilities, for example, are also reflected in the revenues and expenses on on Western Midstream's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Price Earnings To Growth Ratio(0.83)(0.87)

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Additional Tools for Western Stock Analysis

When running Western Midstream's price analysis, check to measure Western Midstream's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Western Midstream is operating at the current time. Most of Western Midstream's value examination focuses on studying past and present price action to predict the probability of Western Midstream's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Western Midstream's price. Additionally, you may evaluate how the addition of Western Midstream to your portfolios can decrease your overall portfolio volatility.