P/E ratio for Martin Midstream Partners (MMLP)
P/E ratio as of September 2023 (TTM): -3.45
According to Martin Midstream Partners's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -3.45122. At the end of 2021 the company had a P/E ratio of -264.
P/E ratio history for Martin Midstream Partners from 2003 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | -264 | 3060.56% |
| 2020 | -8.35 | 855.85% |
| 2019 | -0.8739 | -109.01% |
| 2018 | 9.70 | -69.51% |
| 2017 | 31.8 | 12.71% |
| 2016 | 28.2 | -17.01% |
| 2015 | 34.0 | -161.23% |
| 2014 | -55.6 | -35.98% |
| 2013 | -86.8 | -1176.2% |
| 2012 | 8.06 | -78.47% |
| 2011 | 37.4 | -39.65% |
| 2010 | 62.0 | 130.76% |
| 2009 | 26.9 | 399.23% |
| 2008 | 5.39 | -75.48% |
| 2007 | 22.0 | 11.7% |
| 2006 | 19.7 | 4.63% |
| 2005 | 18.8 | -8.14% |
| 2004 | 20.5 | 10.64% |
| 2003 | 18.5 | -7.88% |
| 2002 | 20.1 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Chevron CVX | 10.4 | -401.98% | 🇺🇸 USA |
 Plains All American Pipeline PAA | 9.67 | -380.27% | 🇺🇸 USA |
 Cheniere Energy
LNG | 4.63 | -234.15% | 🇺🇸 USA |
 NGL Energy Partners
NGL | -5.97 | 72.95% | 🇺🇸 USA |
 Kirby Corporation
KEX | 28.8 | -933.41% | 🇺🇸 USA |
 Genesis Energy L.P. GEL | 270 | -7,916.08% | 🇺🇸 USA |
 Enterprise Products EPD | 11.0 | -419.13% | 🇺🇸 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.