P/E ratio for Murphy Oil (MUR)
P/E ratio as of March 2023 (TTM): 6.40
According to Murphy Oil 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.40142. At the end of 2021 the company had a P/E ratio of -53.3.
P/E ratio history for Murphy Oil from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | -53.3 | 3189.62% |
| 2020 | -1.62 | -142.91% |
| 2019 | 3.77 | -61.75% |
| 2018 | 9.87 | -157.21% |
| 2017 | -17.2 | -11.34% |
| 2016 | -19.5 | 1041.38% |
| 2015 | -1.70 | -117.11% |
| 2014 | 9.96 | -8.62% |
| 2013 | 10.9 | 6.23% |
| 2012 | 10.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 BP BP | -71.4 | -1,215.02% | 🇬🇧 UK |
 ConocoPhillips COP | 6.73 | 5.07% | 🇺🇸 USA |
 Marathon Oil
MRO | 4.37 | -31.68% | 🇺🇸 USA |
 Exxon Mobil XOM | 9.12 | 42.54% | 🇺🇸 USA |
 Chevron CVX | 8.69 | 35.70% | 🇺🇸 USA |
 Devon Energy
DVN | 5.31 | -17.08% | 🇺🇸 USA |
 Hess HES | 18.0 | 181.09% | 🇺🇸 USA |
 Valero Energy VLO | 4.67 | -27.08% | 🇺🇸 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.