Enbridge, Inc (ENB) Valuation
Historical valuation analysis based on 1279 data points (2021-09-14 to 2026-10-16)
Enbridge owns extensive midstream assets that transport hydrocarbons across the US and Canada. Its pipeline network consists of the Canadian Mainline system, regional oil sands pipelines, and natur...
Enbridge, Inc (ENB) currently trades at a P/E ratio of 15.21 (historical range: 12.89–34.26, median: 17.32), placing it at the 23th percentile — below its historical average, P/S ratio of 1.52 (range: 1.45–3.27, 1th percentile — cheap relative to its history), EV/EBITDA of 19.78 (range: 16.98–34.22, 21th percentile).
Enbridge, Inc trades well below its historical valuation range across most metrics.
Historical Valuation Metrics
| Metric | Current | Median | %ile | Assessment |
|---|---|---|---|---|
| P/E Ratio | 15.21 | 17.32 | 23th | below its historical average |
| P/S Ratio | 1.52 | 1.96 | 1th | cheap relative to its history |
| EV/EBITDA | 19.78 | 21.46 | 21th | below its historical average |
| FCF Yield | 1.78% | 4.62% | 0th | expensive relative to its history |
Enbridge, Inc (ENB) Valuation & P/E History
Enbridge, Inc (ENB) is a US-listed stock operating in the Industrials sector, specifically the Pipe Lines (No Natural Gas) industry currently trading at $48.18 with a market capitalization of $107.4 billion. This page provides historical valuation analysis for ENB based on 1279 data points covering 2021-09-14 to 2026-10-16. The P/E ratio of 15.21 is below the historical median of 17.32, placing ENB at the 23th percentile of its valuation range. The P/S ratio of 1.52 compares to a median of 1.96.
ENB Valuation Metrics & Historical Range
The valuation table above shows Enbridge, Inc's current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether ENB is currently trading above or below its typical valuation levels.
- P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests ENB is expensively valued; below the median suggests it is cheap.
- P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
- EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for Enbridge, Inc.
- FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.
Is ENB Overvalued or Undervalued?
Enbridge, Inc trades well below its historical valuation range across most metrics. The overall valuation percentile of 15 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive ENB is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.
However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full ENB analysis page for a complete picture.
Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.ENB trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.

