Marten Transport
MRTN
#5089
Rank
S$1.72 B
Marketcap
$21.14
Share price
-1.95%
Change (1 day)
-24.02%
Change (1 year)

P/E ratio for Marten Transport (MRTN)

P/E ratio as of December 2024 (TTM): 15.1

According to Marten Transport's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.1456. At the end of 2022 the company had a P/E ratio of 14.7.

P/E ratio history for Marten Transport from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202214.7-11.2%
202116.5-18.6%
202020.35.64%
201919.219.7%
201816.024.92%
201712.8-43.46%
201622.735.91%
201516.7-31.25%
201424.39.47%
201322.249.6%
201214.8-8.49%
201116.2-31.02%
201023.5-3.14%
200924.36.19%
200822.812.99%
200720.222.69%
200616.54.91%
200515.7-13.97%
200418.326.44%
200314.48.06%
200213.417.2%
200111.4

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
35.2 132.33%๐Ÿ‡บ๐Ÿ‡ธ USA
22.2 46.58%๐Ÿ‡บ๐Ÿ‡ธ USA
15.2 0.47%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.