P/E ratio for Martin Midstream Partners (MMLP)

P/E ratio history for Martin Midstream Partners from 2003 to 2023

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
NGL Energy Partners NGL	-6.93	-75.69%	🇺🇸 USA
Plains All American Pipeline PAA	11.1	-138.91%	🇺🇸 USA
Cheniere Energy LNG	4.36	-115.29%	🇺🇸 USA
Enterprise Products EPD	13.2	-146.38%	🇺🇸 USA
Genesis Energy L.P. GEL	26.1	-191.70%	🇺🇸 USA
Kirby Corporation KEX	38.4	-234.61%	🇺🇸 USA
Chevron CVX	12.0	-141.96%	🇺🇸 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.