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 |
|---|---|---|
| 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 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Hallador Energy Company
HNRG | 6.61 | 65.29% | 🇺🇸 USA |
 Peabody Energy
BTU | 2.56 | -36.11% | 🇺🇸 USA |
 CNX Resources
CNX | 1.97 | -50.81% | 🇺🇸 USA |
 Albertsons ACI | 10.3 | 158.41% | 🇺🇸 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.