Holly Energy Partners
HEP
#3722
Rank
$2.58 B
Marketcap
$20.45
Share price
-0.78%
Change (1 day)
8.72%
Change (1 year)

P/E ratio for Holly Energy Partners (HEP)

P/E ratio as of March 2024 (TTM): 10.8

According to Holly Energy Partners's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.8201. At the end of 2022 the company had a P/E ratio of 10.2.

P/E ratio history for Holly Energy Partners from 2004 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202210.226.03%
20218.12-6.76%
20208.71-16.23%
201910.4-38.1%
201816.89.1%
201715.4-18.35%
201618.9-3.1%
201519.5-21.92%
201424.9-32.16%
201336.744.09%
201225.531.32%
201119.41.52%
201019.150.73%
200912.7-21.55%
200816.2-16.45%
200719.4-23.05%
200625.215.93%
200521.740.25%
200415.5

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
10.7-1.08%๐Ÿ‡บ๐Ÿ‡ธ USA
2.36-78.17%๐Ÿ‡บ๐Ÿ‡ธ USA
11.4 5.10%๐Ÿ‡บ๐Ÿ‡ธ USA
13.7 27.03%๐Ÿ‡บ๐Ÿ‡ธ USA
10.7-1.25%๐Ÿ‡บ๐Ÿ‡ธ USA
14.1 30.73%๐Ÿ‡บ๐Ÿ‡ธ USA
19.4 79.40%๐Ÿ‡บ๐Ÿ‡ธ USA
24.4 125.51%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.