P/E ratio for Martin Midstream Partners (MMLP)

P/E ratio history for Martin Midstream Partners from 2003 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
NGL Energy Partners NGL	-7.52	-70.85%	🇺🇸 USA
Plains All American Pipeline PAA	10.4	-140.29%	🇺🇸 USA
Cheniere Energy LNG	4.18	-116.22%	🇺🇸 USA
Enterprise Products EPD	12.6	-148.84%	🇺🇸 USA
Genesis Energy L.P. GEL	22.3	-186.44%	🇺🇸 USA
Kirby Corporation KEX	31.8	-223.52%	🇺🇸 USA
Chevron CVX	10.6	-141.04%	🇺🇸 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.