Global Partners LP
GLP
#4337
Rank
C$2.65 B
Marketcap
$78.96
Share price
1.31%
Change (1 day)
28.71%
Change (1 year)

P/E ratio for Global Partners LP (GLP)

P/E ratio as of April 2025 (TTM): 8.67

According to Global Partners LP's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.66615. At the end of 2022 the company had a P/E ratio of 3.46.

P/E ratio history for Global Partners LP from 2005 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20223.46-80.41%
202117.7195.42%
20205.98-75.68%
201924.6349.47%
20185.47-43.01%
20179.60-391.63%
2016-3.29-121.73%
201515.182.27%
20148.31-85.68%
201358.0286.78%
201215.0-38.27%
201124.341.9%
201017.190.19%
20099.0024.3%
20087.24-61.63%
200718.978.74%
200610.6

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-47.0-641.93%๐Ÿ‡บ๐Ÿ‡ธ USA
15.4 78.20%๐Ÿ‡บ๐Ÿ‡ธ USA
21.7 150.84%๐Ÿ‡บ๐Ÿ‡ธ USA
17.0 96.01%๐Ÿ‡บ๐Ÿ‡ธ USA
12.9 48.90%๐Ÿ‡บ๐Ÿ‡ธ USA
-4.62-153.28%๐Ÿ‡บ๐Ÿ‡ธ USA
7.45-14.02%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.