P/E ratio for USD Partners (USDP)
P/E ratio as of April 2024 (TTM): -0.0619
According to USD Partners 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.061941. At the end of 2022 the company had a P/E ratio of -1.82.
P/E ratio history for USD Partners from 2014 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -1.82 | -126.57% |
| 2021 | 6.85 | -255.93% |
| 2020 | -4.39 | -110.23% |
| 2019 | 42.9 | 217.44% |
| 2018 | 13.5 | 4.04% |
| 2017 | 13.0 | -12.77% |
| 2016 | 14.9 | 67.91% |
| 2015 | 8.88 | -122.79% |
| 2014 | -39.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Union Pacific Corporation UNP | 23.3 | -37,670.11% | 🇺🇸 USA |
 CSX Corporation CSX | 18.1 | -29,247.41% | 🇺🇸 USA |
 Norfolk Southern NSC | 26.1 | -42,294.02% | 🇺🇸 USA |
 Kansas City Southern
KSU | N/A | N/A | 🇺🇸 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.