Marathon Petroleum
MPC
#275
Rank
$55.40 B
Marketcap
$118.23
Share price
-1.66%
Change (1 day)
91.71%
Change (1 year)

P/E ratio for Marathon Petroleum (MPC)

P/E ratio as of December 2022 (TTM): 5.16

According to Marathon Petroleum's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.15613. At the end of 2021 the company had a P/E ratio of 4.24.

P/E ratio history for Marathon Petroleum from 2011 to 2022

PE ratio at the end of each year

Year P/E ratio Change
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%
20126.32

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-10.4-302.58%๐Ÿ‡ฌ๐Ÿ‡ง UK
4.87-5.63%๐Ÿ‡บ๐Ÿ‡ธ USA
8.97 73.93%๐Ÿ‡บ๐Ÿ‡ธ USA
10.3 98.92%๐Ÿ‡บ๐Ÿ‡ธ USA
10.7 107.58%๐Ÿ‡บ๐Ÿ‡ธ USA
5.42 5.05%๐Ÿ‡บ๐Ÿ‡ธ USA
6.10 18.37%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.