Global Partners LP
GLP
#4586
Rank
$1.02 B
Marketcap
$29.43
Share price
0.07%
Change (1 day)
11.35%
Change (1 year)

P/E ratio for Global Partners LP (GLP)

P/E ratio as of March 2023 (TTM): 3.27

According to Global Partners LP's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.26816. At the end of 2021 the company had a P/E ratio of N/A.

P/E ratio history for Global Partners LP from 2006 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2021N/ANAN%
2020N/ANAN%
2019N/ANAN%
2018N/ANAN%
2017N/ANAN%
2016N/ANAN%
2015N/ANAN%
2014N/ANAN%
2013N/A

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
4.35 33.24%๐Ÿ‡บ๐Ÿ‡ธ USA
13.9 325.58%๐Ÿ‡บ๐Ÿ‡ธ USA
-19.9-709.88%๐Ÿ‡บ๐Ÿ‡ธ USA
3.95 20.94%๐Ÿ‡บ๐Ÿ‡ธ USA
12.3 277.13%๐Ÿ‡บ๐Ÿ‡ธ USA
78.4 2,299.41%๐Ÿ‡บ๐Ÿ‡ธ 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.