Historical Valuation
Western Midstream Partners LP (WES) is now in the Fair zone, suggesting that its current forward PE ratio of 10.71 is considered Fairly compared with the five-year average of 9.37. The fair price of Western Midstream Partners LP (WES) is between 37.01 to 45.78 according to relative valuation methord.
Relative Value
Fair Zone
37.01-45.78
Current Price：41.24
Fair
P/E
EV/EBITDA
EV/EBIT
P/S
P/OCF
P/FCF
1Y
3Y
5Y
Trailing
Forward
Western Midstream Partners LP (WES) has a current Price-to-Book (P/B) ratio of 4.77. Compared to its 3-year average P/B ratio of 4.21 , the current P/B ratio is approximately 13.40% higher. Relative to its 5-year average P/B ratio of 3.77, the current P/B ratio is about 26.47% higher. Western Midstream Partners LP (WES) has a Forward Free Cash Flow (FCF) yield of approximately 9.10%. Compared to its 3-year average FCF yield of 9.26%, the current FCF yield is approximately -1.72% lower. Relative to its 5-year average FCF yield of 11.52% , the current FCF yield is about -21.00% lower.
P/B
Median3y
4.21
Median5y
3.77
FCF Yield
Median3y
9.26
Median5y
11.52
Competitors Valuation Multiple
AI Analysis for WES
The average P/S ratio for WES competitors is 4.25, providing a benchmark for relative valuation. Western Midstream Partners LP Corp (WES.N) exhibits a P/S ratio of 3.74, which is -11.89% above the industry average. Given its robust revenue growth of 7.82%, this premium appears unsustainable.
Performance Decomposition
AI Analysis for WES
1Y
3Y
5Y
Market capitalization of WES increased by 0.00% over the past 1 year. The primary factor behind the change was an decrease in Unknown from 0.00 to 0.00.
The secondary factor is the Unknown, contributed 0.00%to the performance.
Overall, the performance of WES in the past 1 year is driven by Unknown.
People Also Watch
Frequently Asked Questions
Is WES currently overvalued or undervalued?
Western Midstream Partners LP (WES) is now in the Fair zone, suggesting that its current forward PE ratio of 10.71 is considered Fairly compared with the five-year average of 9.37. The fair price of Western Midstream Partners LP (WES) is between 37.01 to 45.78 according to relative valuation methord.
What is Western Midstream Partners LP (WES) fair value?
WES's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average , adjusted by weights. The fair price of Western Midstream Partners LP (WES) is between 37.01 to 45.78 according to relative valuation methord.
How does WES's valuation metrics compare to the industry average?
The average P/S ratio for WES's competitors is 4.25, providing a benchmark for relative valuation. Western Midstream Partners LP Corp (WES) exhibits a P/S ratio of 3.74, which is -11.89% above the industry average. Given its robust revenue growth of 7.82%, this premium appears unsustainable.
What is the current P/B ratio for Western Midstream Partners LP (WES) as of Jan 10 2026?
As of Jan 10 2026, Western Midstream Partners LP (WES) has a P/B ratio of 4.77. This indicates that the market values WES at 4.77 times its book value.
What is the current FCF Yield for Western Midstream Partners LP (WES) as of Jan 10 2026?
As of Jan 10 2026, Western Midstream Partners LP (WES) has a FCF Yield of 9.10%. This means that for every dollar of Western Midstream Partners LP’s market capitalization, the company generates 9.10 cents in free cash flow.
What is the current Forward P/E ratio for Western Midstream Partners LP (WES) as of Jan 10 2026?
As of Jan 10 2026, Western Midstream Partners LP (WES) has a Forward P/E ratio of 10.71. This means the market is willing to pay $10.71 for every dollar of Western Midstream Partners LP’s expected earnings over the next 12 months.
What is the current Forward P/S ratio for Western Midstream Partners LP (WES) as of Jan 10 2026?
As of Jan 10 2026, Western Midstream Partners LP (WES) has a Forward P/S ratio of 3.74. This means the market is valuing WES at $3.74 for every dollar of expected revenue over the next 12 months.