Murphy Oil
MUR
#2290
Rank
$6.07 B
Marketcap
$39.78
Share price
0.79%
Change (1 day)
3.46%
Change (1 year)

P/E ratio for Murphy Oil (MUR)

P/E ratio as of February 2024 (TTM): 8.36

According to Murphy Oil 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.35714. At the end of 2022 the company had a P/E ratio of 6.96.

P/E ratio history for Murphy Oil from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20226.96-113.06%
2021-53.33189.62%
2020-1.62-142.91%
20193.77-61.59%
20189.83-156.97%
2017-17.2-11.34%
2016-19.51041.38%
2015-1.70-117.11%
20149.96-8.62%
201310.96.23%
201210.3-3.83%
201110.7-31.03%
201015.545.15%
200910.7155.55%
20084.17-76.82%
200718.041.43%
200612.726.53%
200510.110.19%
20049.13-48%
200317.6-42.11%
200230.3205.08%
20019.94

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
4.11-50.79%๐Ÿ‡ฌ๐Ÿ‡ง UK
12.3 46.59%๐Ÿ‡บ๐Ÿ‡ธ USA
8.81 5.44%๐Ÿ‡บ๐Ÿ‡ธ USA
10.4 24.48%๐Ÿ‡บ๐Ÿ‡ธ USA
11.5 37.56%๐Ÿ‡บ๐Ÿ‡ธ USA
5.99-28.32%๐Ÿ‡บ๐Ÿ‡ธ USA
28.8 244.75%๐Ÿ‡บ๐Ÿ‡ธ USA
4.76-43.01%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.