Plains All American Pipeline LP
NASDAQ:PAA

Watchlist Manager
Plains All American Pipeline LP Logo
Plains All American Pipeline LP
NASDAQ:PAA
Watchlist
Price: 20.18 USD 0.05% Market Closed
Market Cap: 14.2B USD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one PAA stock under the Base Case scenario is 36.95 USD. Compared to the current market price of 20.18 USD, Plains All American Pipeline LP is Undervalued by 45%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

PAA Relative Value
Base Case
36.95 USD
Undervaluation 45%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

0.3
P/S
P/S
Price to Sales
0.3
vs History
1
vs Industry
77
Median 3Y
0.2
Median 5Y
0.2
Industry
1.2
Forward
0.3
More Details
27.6
P/E
P/E
Price to Earnings
27.6
vs History
11
vs Industry
8
Median 3Y
11.3
Median 5Y
10.5
Industry
10
Forward
13.6
More Details
5.7
P/OCF
P/OCF
Price to OCF
5.7
vs History
3
vs Industry
25
Median 3Y
3.9
Median 5Y
3.4
Industry
4.9
More Details
7.1
P/FCFE
P/FCFE
Price to FCFE
7.1
vs History
53
vs Industry
29
Median 3Y
9.1
Median 5Y
7.3
Industry
9.9
More Details
1.4
P/B
P/B
Price to Book Value
1.4
vs History
1
vs Industry
30
Median 3Y
1
Median 5Y
0.7
Industry
1.2
More Details
0.4
EV/S
EV/S
Enterprise Value to Sales
0.4
vs History
30
vs Industry
74
Median 3Y
0.3
Median 5Y
0.4
Industry
1.7
Forward
0.4
More Details
7.7
EV/GP
EV/GP
Enterprise Value to Gross Profit
7.7
vs History
9
vs Industry
26
Median 3Y
6.2
Median 5Y
6.2
Industry
4.5
More Details
8.9
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
8.9
vs History
11
vs Industry
20
Median 3Y
7.1
Median 5Y
7.1
Industry
5.9
Forward
7.3
More Details
15.7
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
15.7
vs History
11
vs Industry
14
Median 3Y
12.1
Median 5Y
12.1
Industry
8.3
Forward
11.9
More Details
8.5
EV/OCF
EV/OCF
Enterprise Value to OCF
8.5
vs History
30
vs Industry
23
Median 3Y
6.9
Median 5Y
6.9
Industry
6.4
More Details
11.4
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
11.4
vs History
47
vs Industry
23
Median 3Y
8.6
Median 5Y
11.3
Industry
10.8
More Details
0.9
EV/IC
EV/IC
Enterprise Value to IC
0.9
vs History
1
vs Industry
38
Median 3Y
0.7
Median 5Y
0.7
Industry
0.9
More Details

Multiples Across Competitors

PAA Competitors Multiples
Plains All American Pipeline LP Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Plains All American Pipeline LP
NASDAQ:PAA
14.2B USD 0.3 27.6 8.9 15.7
CA
Enbridge Inc
TSX:ENB
138.2B CAD 2.6 27.3 15.4 23.5
US
Williams Companies Inc
NYSE:WMB
74.2B USD 7.1 33.4 17.9 29.8
US
Enterprise Products Partners LP
NYSE:EPD
72.6B USD 1.3 12.4 10.9 14.7
US
Energy Transfer LP
NYSE:ET
64.6B USD 0.8 14.7 8.7 13.5
US
Kinder Morgan Inc
NYSE:KMI
64B USD 4.2 24.7 13.9 21.4
US
ONEOK Inc
NYSE:OKE
59.7B USD 2.8 19.7 14.5 17.8
US
MPLX LP
NYSE:MPLX
54.3B USD 4.5 12.7 11 13.7
US
Cheniere Energy Inc
NYSE:LNG
52B USD 3.3 16 9.8 11.8
CA
TC Energy Corp
TSX:TRP
72.5B CAD 5.3 15.8 14.9 22
US
Targa Resources Corp
NYSE:TRGP
44.8B USD 2.7 35.3 14.2 21.7

See Also

Summary
PAA intrinsic value, competitors valuation, and company profile.
DCF Valuation
PAA stock valuation using Discount Cash Flow valuation method.
Relative Valuation
PAA stock valuation using valuation multiples.
Wall Street Estimates
PAA price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
PAA stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
Back to Top
ALPHA SPREAD
Follow us
Join more than 241,400+ value investors using Alpha Spread
Create a free account
or see our plans & pricing

Company

About Us Careers Pricing Affiliate Program Terms of Service Privacy Policy

Help

What is Intrinsic Value? Help Center Contact Us

Tools

Stock Screener Intrinsic Value Calculator DCF Value Calculator Discount Rate Calculator

Stocks

Most Undervalued Stocks Wide Economic Moat Stocks High Profitability Stocks High Solvency Stocks Most Popular Stocks

© 2025 Alpha Spread Limited. All Rights Reserved.

www.alphaspread.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on www.alphaspread.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In no event shall Alpha Spread Limited be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.alphaspread.com, or relating to the use of, or inability to use, www.alphaspread.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance.