P/E ratio for Blueknight Energy Partners (BKEP)
P/E ratio at the end of 2021: 1.66
According to Blueknight Energy Partners's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.36224. At the end of 2021 the company had a P/E ratio of 1.66.
P/E ratio history for Blueknight Energy Partners from 2007 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 1.66 | -176.06% |
| 2020 | -2.19 | -68.23% |
| 2019 | -6.88 | 702.94% |
| 2018 | -0.8571 | -97.48% |
| 2017 | -34.0 | 331.82% |
| 2016 | -7.87 | -32.59% |
| 2015 | -11.7 | -136.05% |
| 2014 | 32.4 | -5.15% |
| 2013 | 34.2 | 63.15% |
| 2012 | 20.9 | -295.59% |
| 2011 | -10.7 | 26.26% |
| 2010 | -8.48 | -54.67% |
| 2009 | -18.7 | -523.44% |
| 2008 | 4.42 | -91.32% |
| 2007 | 50.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 ConocoPhillips COP | 14.1 | 497.46% | 🇺🇸 USA |
 Exxon Mobil XOM | 12.0 | 408.88% | 🇺🇸 USA |
 Magellan Midstream Partners
MMP | 13.7 | 481.86% | 🇺🇸 USA |
 Plains All American Pipeline PAA | 11.3 | 376.89% | 🇺🇸 USA |
 NuStar Energy NS | 18.9 | 702.19% | 🇺🇸 USA |
 Holly Energy Partners HEP | 10.8 | 358.04% | 🇺🇸 USA |
 Enterprise Products EPD | 11.7 | 396.43% | 🇺🇸 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.