P/E ratio for Marathon Oil (MRO)

P/E ratio history for Marathon Oil from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
ConocoPhillips COP	12.2	16.59%	🇺🇸 USA
Hess HES	28.5	171.32%	🇺🇸 USA
Murphy Oil MUR	7.03	-32.96%	🇺🇸 USA
Chevron CVX	12.0	13.98%	🇺🇸 USA
Occidental Petroleum OXY	8.11	-22.72%	🇺🇸 USA
Devon Energy DVN	5.39	-48.65%	🇺🇸 USA
Exxon Mobil XOM	12.1	15.27%	🇺🇸 USA
BP BP	3.43	-67.28%	🇬🇧 UK

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.