Murphy Oil
MUR
#2154
Rank
$6.97 B
Marketcap
$45.70
Share price
1.31%
Change (1 day)
26.80%
Change (1 year)

P/E ratio for Murphy Oil (MUR)

P/E ratio as of March 2024 (TTM): 9.60

According to Murphy Oil 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.60084. 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
4.37-54.52%๐Ÿ‡ฌ๐Ÿ‡ง UK
13.9 44.73%๐Ÿ‡บ๐Ÿ‡ธ USA
10.4 8.47%๐Ÿ‡บ๐Ÿ‡ธ USA
11.5 20.23%๐Ÿ‡บ๐Ÿ‡ธ USA
11.7 21.52%๐Ÿ‡บ๐Ÿ‡ธ USA
6.84-28.79%๐Ÿ‡บ๐Ÿ‡ธ USA
29.4 206.11%๐Ÿ‡บ๐Ÿ‡ธ USA
5.82-39.43%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.