Pembina Pipeline Corp.

PBA Energy Oil & Gas Midstream

Pembina Pipeline Corp.’s revenue for fiscal 2025 (year ended December 2025) was $5.7 billion, up 6.08% from fiscal 2024.

Revenue
+20.0%
EPS
+27.7%
Free cash flow
+8.94%
Total debt
+3.64%

Quarter to June 2026, against a year earlier

47.81 0.92 −1.89%
Market cap
$27.7B
P/E
23.3×
Fwd P/E
23.2×
Dividend yield
4.38%
F-score
5/9
Altman Z
1.35
Beneish M
−2.85
Dividend safety
28/100

Pembina Pipeline Corp. (PBA) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Pembina Pipeline Corp. (PBA) trades at a P/B ratio of 2.5×. Over the past ten years it has ranged from 0.6× (March 2020) to 3.0× (April 2015); the current reading is higher than 91% of that period. That is above the Oil & Gas Midstream industry median of 1.7× and above the Energy sector median of 1.4×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 2.1× 8.65%
FY2024 1.9× 1.24%
FY2023 1.9× 6.82%
FY2022 1.7× (0.96%)
FY2021 1.8× 22.19%
FY2020 1.4× (20.75%)
FY2019 1.8× 12.44%
FY2018 1.6× (8.27%)
FY2017 1.8× (25.49%)
FY2016 2.4× 32.95%

Quarterly newest first

Period P/B ratio Change
Jun 2026 2.4× 3.14%
Mar 2026 2.4× 14.49%
Dec 2025 2.1× (4.57%)
Sep 2025 2.2× 7.68%
42 more quarters

Against its own ten years

Low 0.6× High 3.0×
Ten-year median 2.0×
Current reading's percentile 93

P/B ratio against peers

Company P/B ratio
PAGP Plains Group Holdings, L.P. compare 0.3×
VNOM Viper Energy Inc. compare 0.7×
PAA Plains All American Pipeline, L.P. compare 1.4×
OKE ONEOK, Inc. compare 1.7×
VG Venture Global, Inc. compare 2.4×
PBA Pembina Pipeline Corp. 2.5×
WES Western Midstream Partners, LP compare 3.8×
MPLX MPLX LP compare 4.0×
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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