Navios Maritime Partners
NMM
#4722
Rank
โ‚ฌ1.48 B
Marketcap
๐Ÿ‡ฒ๐Ÿ‡จ
Country
49,58ย โ‚ฌ
Share price
-0.17%
Change (1 day)
145.49%
Change (1 year)

P/E ratio for Navios Maritime Partners (NMM)

P/E ratio as of November 2024 (TTM): 2.82

According to Navios Maritime Partners's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.81542. At the end of 2022 the company had a P/E ratio of 1.38.

P/E ratio history for Navios Maritime Partners from 2008 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20221.3838.32%
20210.9972-153.87%
2020-1.85-44.42%
2019-3.33-67.08%
2018-10.1-48.55%
2017-19.7761.27%
2016-2.28-137.05%
20156.16-43.64%
201410.9-51.39%
201322.5193.08%
20127.68-39.4%
201112.746.37%
20108.65-28.03%
200912.0161.03%
20084.61

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
1.30-53.93%๐Ÿ‡ฒ๐Ÿ‡จ Monaco
4.54 61.13%๐Ÿ‡ฒ๐Ÿ‡จ Monaco
2.85 1.10%๐Ÿ‡ฌ๐Ÿ‡ท Greece
5.49 95.11%๐Ÿ‡ฌ๐Ÿ‡ท Greece
2.27-19.34%๐Ÿ‡ฌ๐Ÿ‡ท Greece
41.5 1,373.25%๐Ÿ‡ฌ๐Ÿ‡ท Greece

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.