Plains Group Holdings, L.P.

PAGP Energy Oil & Gas Midstream

Plains Group Holdings, L.P.’s revenue for fiscal 2025 (year ended December 2025) was $44.3 billion, down 9.46% from fiscal 2024.

Revenue
+66.3%
EPS
+1,213.3%
Free cash flow
+50.9%
Total debt
−2.74%

Quarter to June 2026, against a year earlier

26.42 0.51 −1.89%
Market cap
$20.1B
P/E
9.4×
Fwd P/E
9.6×
Dividend yield
6.32%
F-score
5/9
Altman Z
n/a
Beneish M
−2.95
Dividend safety
62/100

Plains Group Holdings, L.P. (PAGP) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Plains Group Holdings, L.P. (PAGP) trades at a P/B ratio of 0.3×. Over the past ten years it has ranged from 0.0× (March 2020) to 0.6× (April 2015); the current reading is higher than 89% of that period. That is below the Oil & Gas Midstream industry median of 1.7× and below the Energy sector median of 1.4×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 0.3× 5.42%
FY2024 0.3× 20.54%
FY2023 0.2× 29.83%
FY2022 0.2× 16.43%
FY2021 0.1× (1.21%)
FY2020 0.1× (36.08%)
FY2019 0.2× (7.80%)
FY2018 0.2× (9.70%)
FY2017 0.3× (18.42%)
FY2016 0.3× 42.87%

Quarterly newest first

Period P/B ratio Change
Jun 2026 0.3× (8.94%)
Mar 2026 0.3× 29.26%
Dec 2025 0.3× 4.43%
Sep 2025 0.3× (6.28%)
42 more quarters

Against its own ten years

Low 0.0× High 0.6×
Ten-year median 0.2×
Current reading's percentile 96

P/B ratio against peers

Company P/B ratio
PAGP Plains Group Holdings, L.P. 0.3×
VNOM Viper Energy Inc. compare 0.7×
PAA Plains All American Pipeline, L.P. compare 1.4×
DTM DT Midstream, Inc. compare 2.3×
VG Venture Global, Inc. compare 2.4×
PBA Pembina Pipeline Corp. compare 2.5×
FRO Frontline PLC compare 3.2×
WES Western Midstream Partners, LP compare 3.8×
CQP Cheniere Energy Partners, L.P. compare 31.7×
Oil & Gas Midstream industry median 1.7×
Energy sector median 1.4×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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