P/E ratio for Navios Maritime Partners (NMM)
P/E ratio as of March 2023 (TTM): 1.14
According to Navios Maritime Partners's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1.13604. 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 | -19.7 | 761.33% |
| 2016 | -2.28 | -137.05% |
| 2015 | 6.16 | -43.64% |
| 2014 | 10.9 | -51.39% |
| 2013 | 22.5 | 167.44% |
| 2012 | 8.41 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Star Bulk Carriers SBLK | 6.68 | 488.04% | 🇬🇷 Greece |
 Seanergy Maritime SHIP | 3.20 | 181.68% | 🇬🇷 Greece |
 Euroseas ESEA | 1.33 | 17.09% | 🇬🇷 Greece |
 Diana Shipping DSX | 2.63 | 131.80% | 🇬🇷 Greece |
 Safe Bulkers
SB | 2.59 | 128.09% | 🇲🇨 Monaco |
 Navios Maritime Holdings NM | 0.3392 | -70.14% | 🇲🇨 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.