P/E ratio for Navios Maritime Partners (NMM)
P/E ratio as of November 2023 (TTM): 1.30
According to Navios Maritime Partners's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1.2989. At the end of 2022 the company had a P/E ratio of 1.38.
P/E ratio history for Navios Maritime Partners from 2008 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 1.38 | 38.32% |
| 2021 | 0.9972 | -153.87% |
| 2020 | -1.85 | -44.42% |
| 2019 | -3.33 | -67.08% |
| 2018 | -10.1 | -48.55% |
| 2017 | -19.7 | 761.27% |
| 2016 | -2.28 | -137.05% |
| 2015 | 6.16 | -43.64% |
| 2014 | 10.9 | -51.39% |
| 2013 | 22.5 | 193.08% |
| 2012 | 7.68 | -39.4% |
| 2011 | 12.7 | 46.37% |
| 2010 | 8.65 | -28.03% |
| 2009 | 12.0 | 161.03% |
| 2008 | 4.61 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Star Bulk Carriers SBLK | 5.43 | 318.41% | 🇬🇷 Greece |
 Seanergy Maritime SHIP | 28.5 | 2,092.49% | 🇬🇷 Greece |
 Euroseas ESEA | 2.05 | 57.50% | 🇬🇷 Greece |
 Diana Shipping DSX | 3.43 | 163.96% | 🇬🇷 Greece |
 Safe Bulkers
SB | 3.74 | 187.90% | 🇲🇨 Monaco |
 Navios Maritime Holdings NM | 1.29 | -1.02% | 🇲🇨 Monaco |
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.