P/E ratio for Green Plains Partners (GPP)
P/E ratio as of April 2024 (TTM): 7.60
According to Green Plains Partners 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.59877. At the end of 2022 the company had a P/E ratio of 7.53.
P/E ratio history for Green Plains Partners from 2015 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 7.53 | -9.26% |
| 2021 | 8.30 | 82.79% |
| 2020 | 4.54 | -42.47% |
| 2019 | 7.90 | 3.59% |
| 2018 | 7.62 | -26.21% |
| 2017 | 10.3 | -8.69% |
| 2016 | 11.3 | -50.57% |
| 2015 | 22.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Martin Midstream Partners MMLP | -19.5 | -356.62% | 🇺🇸 USA |
 Plains All American Pipeline PAA | 11.3 | 48.25% | 🇺🇸 USA |
 Antero Midstream
AM | 19.2 | 152.74% | 🇺🇸 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.