AltaGas Ltd.

AltaGas Ltd.verified

ALA.TO

Price:

$34.37

Market Cap:

$10.22B

AltaGas Ltd. operates as an energy infrastructure company in North America. The company operates through Utilities and Midstream segments. The Utilities segment owns and operates rate-regulated natural gas distribution and storage utilities in Maryland, Virginia, Delaware, Pennsylvania, Ohio, and the District of Columbia serving approximately 1.7 million customers. This segment also provides interstate natural gas transportation and storage services. The Midstream segment engages in the natural gas gathering and extraction with 1.2 billion cubic feet per day (Bcf/d) of extraction processing capacity and approximately 1.2 Bcf/d of raw field gas processing capacity; natural gas gathering and e...[Read more]

Industry

Regulated Gas

IPO Date

2004-05-17

Stock Exchange

TSX

Ticker

ALA.TO

The PE Ratio as of September 2024 (TTM) for AltaGas Ltd. (ALA.TO) is 23.70

According to AltaGas Ltd.’s latest financial reports and current stock price. The company's current PE Ratio is 23.70. This represents a change of -215.82% compared to the average of -20.46 of the last 4 quarters.

AltaGas Ltd. (ALA.TO) Historical PE Ratio (quarterly & annually)

How has ALA.TO PE Ratio performed in the past?

The mean historical PE Ratio of AltaGas Ltd. over the last ten years is 26.98. The current 23.70 PE Ratio has changed 8.68% with respect to the historical average. Over the past ten years (40 quarters), ALA.TO's PE Ratio was at its highest in in the December 2017 quarter at 229.19. The PE Ratio was at its lowest in in the June 2015 quarter at -107.89.

Quarterly (TTM)
Annual

Average

26.98

Median

21.33

Minimum

-7.11

Maximum

83.27

AltaGas Ltd. (ALA.TO) PE Ratio by Quarter and Year

Discovering the peaks and valleys of AltaGas Ltd. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 185.07%

Maximum Annual PE Ratio = 83.27

Minimum Annual Increase = -192.40%

Minimum Annual PE Ratio = -7.11

Quarterly (TTM)
Annual
YearPE RatioChange
202311.68-29.08%
202216.47-39.04%
202127.01185.07%
20209.4844.19%
20196.57-192.40%
2018-7.11-113.16%
201754.04106.38%
201626.19-68.55%
201583.2797.28%
201442.2179.32%

AltaGas Ltd. (ALA.TO) Average PE Ratio

How has ALA.TO PE Ratio performed in the past?

The current PE Ratio of AltaGas Ltd. (ALA.TO) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

18.38

5-year avg

14.24

10-year avg

26.98

AltaGas Ltd. (ALA.TO) PE Ratio vs. Peers

How is ALA.TO’s PE Ratio compared to its peers?

AltaGas Ltd.’s PE Ratio is greater than Pembina Pipeline Corporation (16.31), less than Keyera Corp. (27.33), greater than Emera Incorporated (17.74), less than Algonquin Power & Utilities Corp. (30.26), greater than TC Energy Corporation (18.61),

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