P/E ratio for Martin Midstream Partners (MMLP)
P/E ratio as of April 2024 (TTM): -19.0
According to Martin Midstream Partners's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -19. At the end of 2022 the company had a P/E ratio of -11.5.
P/E ratio history for Martin Midstream Partners from 2003 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -11.5 | -95.66% |
| 2021 | -266 | 3062.24% |
| 2020 | -8.41 | 822.58% |
| 2019 | -0.9118 | -110.02% |
| 2018 | 9.10 | -70.76% |
| 2017 | 31.1 | 10.2% |
| 2016 | 28.2 | -19.34% |
| 2015 | 35.0 | -148.18% |
| 2014 | -72.6 | -15.13% |
| 2013 | -85.6 | -1185.85% |
| 2012 | 7.88 | -78.72% |
| 2011 | 37.0 | -40.72% |
| 2010 | 62.5 | 134.25% |
| 2009 | 26.7 | 393.63% |
| 2008 | 5.40 | -74.42% |
| 2007 | 21.1 | 7.43% |
| 2006 | 19.7 | 4.63% |
| 2005 | 18.8 | -7.68% |
| 2004 | 20.4 | 10.04% |
| 2003 | 18.5 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Chevron CVX | 11.7 | -161.34% | 🇺🇸 USA |
 Plains All American Pipeline PAA | 10.9 | -157.47% | 🇺🇸 USA |
 Cheniere Energy
LNG | 3.15 | -116.58% | 🇺🇸 USA |
 NGL Energy Partners
NGL | -8.91 | -53.13% | 🇺🇸 USA |
 Kirby Corporation
KEX | 28.6 | -250.55% | 🇺🇸 USA |
 Genesis Energy L.P. GEL | 26.2 | -238.01% | 🇺🇸 USA |
 Enterprise Products EPD | 11.5 | -160.42% | 🇺🇸 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.