P/E ratio for Genesis Energy L.P. (GEL)

P/E ratio history for Genesis Energy L.P. from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Enterprise Products EPD	12.8	-50.04%	🇺🇸 USA
NuStar Energy NS	18.5	-28.16%	🇺🇸 USA
Phillips 66 PSX	7.89	-69.27%	🇺🇸 USA
HollyFrontier HFC	10.7	-58.34%	🇺🇸 USA
Delek US DK	-22.8	-188.89%	🇺🇸 USA
Magellan Midstream Partners MMP	13.7	-46.49%	🇺🇸 USA
MPLX MPLX	13.6	-46.93%	🇺🇸 USA
Exxon Mobil XOM	11.9	-53.49%	🇺🇸 USA
Holly Energy Partners HEP	10.8	-57.88%	🇺🇸 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.