As at Dec 26, 2024, the MMLP stock has a price-to-earnings ratio of 36.45. This is based on the current EPS of $0.11 and the stock price of $4.01 per share.
The mean historical PE ratio of Martin Midstream Partners over the last ten years is 37.52. The current 36.45 price-to-earnings ratio is 2.9% less than the historical average. In the past ten years, MMLP's PE ratio reached its highest point in the Sep 2022 quarter at 170, with a price of $3.4 and an EPS of $0.02. The Jun 2020 quarter saw the lowest point at 1.83, with a price of $1.19 and an EPS of $0.65.
Maximum annual increase: 12.72% in 2017
Maximum annual decrease: -70.9% in 2018
Year | PE ratio | Change |
---|---|---|
2023 | N/A | N/A |
2022 | N/A | N/A |
2021 | N/A | N/A |
2020 | N/A | N/A |
2019 | N/A | N/A |
2018 | 9.26 | -70.9% |
2017 | 31.82 | 12.72% |
2016 | 28.23 | -19.34% |
2015 | 35 | N/A |
2014 | N/A | N/A |
The current PE ratio of MMLP is lower than the 3, 5 and 10-year averages.
When compared to its peer stocks CVX and EPD, MMLP's PE ratio is higher. Martin Midstream Partners's PE ratio is trading above the peer group average of 15.2.
Stock name | PE ratio | Market cap |
---|---|---|
EPD Enterprise Products Partners Lp | 11.63 | $67.06B |
LNG Cheniere Energy Inc | 13.31 | $47.2B |
PAA Plains All American Pipeline Lp | 14.81 | $11.78B |
CVX Chevron Corp | 15.75 | $258.64B |
KEX Kirby Corp | 20.17 | $6.07B |
MMLP Martin Midstream Partners Lp | 33.82 | $145.08M |
NGL NGL Energy Partners LP | N/A | $625.74M |
GEL Genesis Energy Lp | N/A | $1.22B |
MMLP stock has a price to earnings ratio of 36.45 as of Dec 26, 2024.
As an average over the last 3 years, MMLP stock has a PE ratio of 45.86.
As an average over the last 5 years, MMLP stock has a PE ratio of 37.55.
The highest quarterly PE ratio in the last ten years has been 170 and it was in the Sep 2022 quarter.
MMLP's current price to earnings ratio is 2.9% below its 10-year historical average.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Dec 26, 2024), Martin Midstream Partners's stock price is $4.01. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $0.11. Therefore, Martin Midstream Partners's price to earnings ratio for today is 36.45. PE RATIO(36.45) = STOCK PRICE($4.01) / TTM EPS($0.11)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.