Marathon Petroleum
MPC
#330
Rank
$57.96 B
Marketcap
$164.52
Share price
-0.63%
Change (1 day)
37.75%
Change (1 year)

P/E ratio for Marathon Petroleum (MPC)

P/E ratio as of July 2024 (TTM): 6.11

According to Marathon Petroleum's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.11371. At the end of 2022 the company had a P/E ratio of 4.04.

P/E ratio history for Marathon Petroleum from 2011 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20224.04-4.57%
20214.24-259.02%
2020-2.66-117.74%
201915.037.24%
201810.915.82%
20179.45-58.27%
201622.6130.25%
20159.84-2.9%
201410.1-26.45%
201313.8117.97%
20126.3227.37%
20114.96

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
8.27 35.27%๐Ÿ‡บ๐Ÿ‡ธ USA
5.04-17.64%๐Ÿ‡บ๐Ÿ‡ธ USA
10.7 75.06%๐Ÿ‡บ๐Ÿ‡ธ USA
12.0 95.95%๐Ÿ‡บ๐Ÿ‡ธ USA
11.8 92.97%๐Ÿ‡บ๐Ÿ‡ธ USA
4.12-32.54%๐Ÿ‡ฌ๐Ÿ‡ง UK
-27.4-547.63%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.