Blueknight Energy Partners
BKEP
#6091
Rank
$0.19 B
Marketcap
$4.63
Share price
-0.11%
Change (1 day)
50.81%
Change (1 year)

P/E ratio for Blueknight Energy Partners (BKEP)

P/E ratio as of October 2022 (TTM): 26.9

According to Blueknight Energy Partners's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 26.8803. At the end of 2019 the company had a P/E ratio of -6.65.

P/E ratio history for Blueknight Energy Partners from 2011 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2019-6.65
2016-7.61-36.35%
2015-12.0-132.37%
201436.98.53%
201334.065.54%
201220.6

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.