Tortoise Pipeline & Energy Fund, Inc.

Tortoise Pipeline & Energy Fund, Inc.verified

TTP

Price:

$42.7956

Market Cap:

$86.04M

Tortoise Pipeline & Energy Fund, Inc. is a closed ended equity mutual fund launched and managed by Tortoise Capital Advisors, LLC. It invests in public equity markets of North America. The fund invests in pipeline companies that engage in the business of transporting natural gas, natural gas liquids, crude oil, and refined petroleum products. It employs a fundamental analysis with a bottom up stock picking approach with focus on factors like comparison of quantitative, qualitative, and relative value factors to create its portfolio. Tortoise Pipeline & Energy Fund, Inc. was formed on July 19, 2011 and is domiciled in the United States.[Read more]

Industry

Asset Management

IPO Date

2011-10-27

Stock Exchange

NYSE

Ticker

TTP

The PE Ratio as of September 2024 (TTM) for Tortoise Pipeline & Energy Fund, Inc. (TTP) is 3.64

According to Tortoise Pipeline & Energy Fund, Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 3.64. This represents a change of 440.83% compared to the average of 0.67 of the last 4 quarters.

Tortoise Pipeline & Energy Fund, Inc. (TTP) Historical PE Ratio (quarterly & annually)

How has TTP PE Ratio performed in the past?

The mean historical PE Ratio of Tortoise Pipeline & Energy Fund, Inc. over the last ten years is -0.18. The current 3.64 PE Ratio has changed -201238.68% with respect to the historical average. Over the past ten years (40 quarters), TTP's PE Ratio was at its highest in in the May 2015 quarter at 120.69. The PE Ratio was at its lowest in in the August 2021 quarter at -30.19.

Quarterly (TTM)
Annual

Average

-0.18

Median

1.04

Minimum

-15.92

Maximum

12.98

Tortoise Pipeline & Energy Fund, Inc. (TTP) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Tortoise Pipeline & Energy Fund, Inc. 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 = 314.80%

Maximum Annual PE Ratio = 12.98

Minimum Annual Increase = -635.56%

Minimum Annual PE Ratio = -15.92

Quarterly (TTM)
Annual
YearPE RatioChange
202312.98314.80%
20223.1322.32%
20212.56-635.56%
2020-0.48-91.95%
2019-5.93-62.73%
2018-15.92178.01%
2017-5.73-241.75%
20164.04-409.41%
2015-1.31-126.96%
20144.8415.70%

Tortoise Pipeline & Energy Fund, Inc. (TTP) Average PE Ratio

How has TTP PE Ratio performed in the past?

The current PE Ratio of Tortoise Pipeline & Energy Fund, Inc. (TTP) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

6.22

5-year avg

2.45

10-year avg

-0.18

Tortoise Pipeline & Energy Fund, Inc. (TTP) PE Ratio vs. Peers

How is TTP’s PE Ratio compared to its peers?

Tortoise Pipeline & Energy Fund, Inc.’s PE Ratio is less than Tortoise Energy Infrastructure Corporation (5.09), less than Tortoise Power and Energy Infrastructure Fund, Inc. (4.50), greater than Tortoise Energy Independence Fund, Inc. (3.46), less than Apollo Tactical Income Fund Inc. (4.63), greater than Invesco High Income 2023 Target Term Fund (-39.27), less than Abrdn Australia Equity Fund Inc (28.18), greater than ClearBridge MLP and Midstream Total Return Fund Inc. (3.09), greater than Nuveen Multi-Market Income Fund (3.15), greater than Blackhawk Growth Corp. (-0.03), greater than Mount Logan Capital Inc. (0.98), greater than Urbana Corporation (2.15), greater than Elysee Development Corp. (-2.59), less than Guardian Capital Group Limited (15.12), less than Flow Capital Corp. (239.28), greater than Princeton Capital Corporation (0.09),

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