P/E ratio for Alliance Resource Partners (ARLP)
P/E ratio as of April 2024 (TTM): 3.76
According to Alliance Resource Partners's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.7554. At the end of 2022 the company had a P/E ratio of 4.63.
P/E ratio history for Alliance Resource Partners from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 4.63 | -49.83% |
| 2021 | 9.23 | -312.12% |
| 2020 | -4.35 | -223.01% |
| 2019 | 3.54 | -44.33% |
| 2018 | 6.35 | -3.6% |
| 2017 | 6.59 | -0.51% |
| 2016 | 6.62 | 3.09% |
| 2015 | 6.42 | -28.67% |
| 2014 | 9.01 | -15.08% |
| 2013 | 10.6 | 11.98% |
| 2012 | 9.47 | 1.88% |
| 2011 | 9.30 | -5.57% |
| 2010 | 9.84 | -19.19% |
| 2009 | 12.2 | 10.13% |
| 2008 | 11.1 | -6.68% |
| 2007 | 11.9 | 5.07% |
| 2006 | 11.3 | -22.97% |
| 2005 | 14.6 | -22.75% |
| 2004 | 19.0 | 50.68% |
| 2003 | 12.6 | -32.44% |
| 2002 | 18.6 | -27.56% |
| 2001 | 25.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Hallador Energy Company
HNRG | 2.08 | -44.54% | 🇺🇸 USA |
 Peabody Energy
BTU | 2.71 | -27.87% | 🇺🇸 USA |
 CNX Resources
CNX | 1.71 | -54.38% | 🇺🇸 USA |
 Albertsons ACI | 8.23 | 119.09% | 🇺🇸 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.