Genesis Energy L.P.
GEL
#4708
Rank
NZ$2.56 B
Marketcap
$20.96
Share price
-2.85%
Change (1 day)
14.31%
Change (1 year)

P/E ratio for Genesis Energy L.P. (GEL)

P/E ratio as of September 2024 (TTM): 28.8

According to Genesis Energy L.P.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 28.7778. At the end of 2022 the company had a P/E ratio of -340.

P/E ratio history for Genesis Energy L.P. from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-3406096.55%
2021-5.49254.66%
2020-1.55-101.29%
2019120-504.4%
2018-29.8-167.98%
201743.822.88%
201635.7283.42%
20159.30-73.91%
201435.6-30.16%
201351.075.75%
201229.0-22.32%
201137.4-32.02%
201055.048.41%
200937.1151.61%
200814.7-141.37%
2007-35.6-206.01%
200633.60.9%
200533.3-139.63%
2004-84.0-1377.14%
20036.58-20.53%
20028.28-1152.52%
2001-0.7863

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
11.9-58.61%๐Ÿ‡บ๐Ÿ‡ธ USA
18.5-35.87%๐Ÿ‡บ๐Ÿ‡ธ USA
8.00-72.19%๐Ÿ‡บ๐Ÿ‡ธ USA
10.7-62.81%๐Ÿ‡บ๐Ÿ‡ธ USA
-26.0-190.22%๐Ÿ‡บ๐Ÿ‡ธ USA
13.7-52.24%๐Ÿ‡บ๐Ÿ‡ธ USA
12.8-55.68%๐Ÿ‡บ๐Ÿ‡ธ USA
11.7-59.50%๐Ÿ‡บ๐Ÿ‡ธ USA
10.8-62.40%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.