Alliance Resource Partners
ARLP
#3368
Rank
$2.80 B
Marketcap
$22.07
Share price
-2.04%
Change (1 day)
-4.83%
Change (1 year)

P/E ratio for Alliance Resource Partners (ARLP)

P/E ratio as of October 2023 (TTM): 4.00

According to Alliance Resource Partners's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.00178. At the end of 2021 the company had a P/E ratio of 9.23.

P/E ratio history for Alliance Resource Partners from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20219.23-312.12%
2020-4.35-223.01%
20193.54-44.33%
20186.35-3.6%
20176.59-0.51%
20166.623.09%
20156.42-28.67%
20149.01-15.08%
201310.611.98%
20129.47

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
6.61 65.29%๐Ÿ‡บ๐Ÿ‡ธ USA
2.56-36.11%๐Ÿ‡บ๐Ÿ‡ธ USA
1.97-50.81%๐Ÿ‡บ๐Ÿ‡ธ USA
10.3 158.41%๐Ÿ‡บ๐Ÿ‡ธ 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.