P/E ratio for Marathon Oil (MRO)
P/E ratio as of June 2024 (TTM): 10.4
According to Marathon Oil 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.3663. At the end of 2022 the company had a P/E ratio of 5.20.
P/E ratio history for Marathon Oil from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 5.20 | -60.65% |
| 2021 | 13.2 | -463.95% |
| 2020 | -3.63 | -115.89% |
| 2019 | 22.8 | 107.94% |
| 2018 | 11.0 | -536.61% |
| 2017 | -2.51 | -62.11% |
| 2016 | -6.64 | 71.82% |
| 2015 | -3.86 | -161.02% |
| 2014 | 6.33 | -55.54% |
| 2013 | 14.2 | 4.46% |
| 2012 | 13.6 | 96.46% |
| 2011 | 6.94 | 13.36% |
| 2010 | 6.12 | -32.32% |
| 2009 | 9.04 | 175.85% |
| 2008 | 3.28 | -48.27% |
| 2007 | 6.34 | 68.22% |
| 2006 | 3.77 | -11.97% |
| 2005 | 4.28 | -11.91% |
| 2004 | 4.86 | 4.83% |
| 2003 | 4.63 | -39.44% |
| 2002 | 7.65 | -53.4% |
| 2001 | 16.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 BP BP | 4.28 | -58.72% | 🇬🇧 UK |
 ConocoPhillips COP | 12.4 | 19.61% | 🇺🇸 USA |
 Occidental Petroleum OXY | 9.56 | -7.74% | 🇺🇸 USA |
 Exxon Mobil XOM | 11.3 | 9.20% | 🇺🇸 USA |
 Chevron CVX | 11.7 | 12.92% | 🇺🇸 USA |
 Devon Energy
DVN | 6.48 | -37.45% | 🇺🇸 USA |
 Hess HES | 28.9 | 178.99% | 🇺🇸 USA |
 Murphy Oil
MUR | 8.80 | -15.11% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.