Summit Pe Ratio from 2010 to 2024

SMC Stock   37.78  0.97  2.64%   
Summit Midstream's PE Ratio is decreasing over the years with stable fluctuation. PE Ratio is expected to dwindle to -10.29. During the period from 2010 to 2024 Summit Midstream PE Ratio annual values regression line had geometric mean of  281.71 and mean square error of 13.2 M. View All Fundamentals
 
PE Ratio  
First Reported
2010-12-31
Previous Quarter
(9.80)
Current Value
(10.29)
Quarterly Volatility
3.7 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Summit Midstream financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Summit Midstream's main balance sheet or income statement drivers, such as Depreciation And Amortization of 130.8 M, Selling General Administrative of 42.5 M or Selling And Marketing Expenses of 3.2 M, as well as many indicators such as Price To Sales Ratio of 0.79, Dividend Yield of 0.0179 or PTB Ratio of 0.5. Summit financial statements analysis is a perfect complement when working with Summit Midstream Valuation or Volatility modules.
  
Check out the analysis of Summit Midstream Correlation against competitors.
For information on how to trade Summit Stock refer to our How to Trade Summit Stock guide.

Latest Summit Midstream's Pe Ratio Growth Pattern

Below is the plot of the Pe Ratio of Summit Midstream over the last few years. It is Summit Midstream's PE Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Summit Midstream's overall financial position and show how it may be relating to other accounts over time.
Pe Ratio10 Years Trend
Pretty Stable
   Pe Ratio   
       Timeline  

Summit Pe Ratio Regression Statistics

Arithmetic Mean(1,334)
Geometric Mean281.71
Coefficient Of Variation(273.85)
Mean Deviation1,982
Median(282.27)
Standard Deviation3,653
Sample Variance13.3M
Range14.6K
R-Value(0.29)
Mean Square Error13.2M
R-Squared0.08
Significance0.30
Slope(233.70)
Total Sum of Squares186.8M

Summit Pe Ratio History

2024 -10.29
2023 -9.8
2022 -3336.83
2021-14.2 K
2020 364.14

About Summit Midstream Financial Statements

Summit Midstream stakeholders use historical fundamental indicators, such as Summit Midstream's Pe Ratio, to determine how well the company is positioned to perform in the future. Although Summit Midstream investors may analyze each financial statement separately, they are all interrelated. For example, ch