P/E ratio for Blueknight Energy Partners (BKEP)

P/E ratio history for Blueknight Energy Partners from 2007 to 2021

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
Plains All American Pipeline PAA	10.4	341.10%	🇺🇸 USA
Magellan Midstream Partners MMP	13.7	481.86%	🇺🇸 USA
Holly Energy Partners HEP	10.8	358.04%	🇺🇸 USA
Enterprise Products EPD	11.8	397.63%	🇺🇸 USA
NuStar Energy NS	18.5	681.20%	🇺🇸 USA
ConocoPhillips COP	11.9	403.79%	🇺🇸 USA
Exxon Mobil XOM	11.7	396.96%	🇺🇸 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.