Navios Maritime Partners
NMM
#4868
Rank
$0.75 B
Marketcap
๐Ÿ‡ฒ๐Ÿ‡จ Monaco
Country
$24.91
Share price
-0.37%
Change (1 day)
-23.59%
Change (1 year)

P/E ratio for Navios Maritime Partners (NMM)

P/E ratio as of October 2022 (TTM): 1.47

According to Navios Maritime Partners's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1.47487. At the end of 2020 the company had a P/E ratio of -1.85.

P/E ratio history for Navios Maritime Partners from 2008 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2020-1.85
2017-19.7761.33%
2016-2.28-137.05%
20156.16-43.64%
201410.9-51.39%
201322.5167.44%
20128.41

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.