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MRTN Marten Transport PE ratio, current and historical analysis

The current P/E ratio for Marten Transport stock as of Oct 29, 2024 is 28.62. This is calculated based on the TTM EPS of $0.55 and the stock price of $15.74 per share. The PE ratio has increased by 12% from its last 4 quarters average of 25.6.

MRTN PE ratio history

How has MRTN's PE ratio performed in the past

The average historical PE ratio of Marten Transport for the last ten years is 19.02. The current price-to-earnings ratio of 28.62 is 50% more than the historical average. Analyzing the last ten years, MRTN's PE ratio reached its highest point in the Jun 2024 quarter at 33.55, when the price was $18.45 and the EPS was $0.55. The lowest point was recorded in the Sep 2018 quarter, when it reached 10.96 with a price of $14.03 and an EPS of $1.28.

Average
19.02
Median
18.26
Minimum
10.96
Maximum
33.55

Marten Transport PE ratio by year

Maximum annual increase: 64.57% in 2023

Maximum annual decrease: -46.37% in 2017

Year PE ratio Change
2023 24.11 64.57%
2022 14.65 -12.06%
2021 16.66 -18.77%
2020 20.51 7.38%
2019 19.1 18.56%
2018 16.11 32.16%
2017 12.19 -46.37%
2016 22.73 38.01%
2015 16.47 -32.19%
2014 24.29 8.29%

MRTN average PE ratio chart

What is the average PE ratio of MRTN for the past years

Currently, MRTN's PE ratio is above its 3, 5 and 10-year averages.

3-year avg
19.18
5-year avg
19.1
10-year avg
19.02
15-year avg
19.66

MRTN PE vs peers

What is MRTN's PE ratio compared to its peers

When compared to its peer stocks KNX and WERN, MRTN's PE ratio is lower.

Stock name PE ratio Market cap
MRTN Marten Transport Ltd 28.67 $1.28B
WERN Werner Enterprises Inc 37.86 $2.32B
KNX Knight-Swift Transportation Holdings Inc 127.98 $8.7B
PTSI Pam Transportation Services Inc 304.9 $331.66M
HTLD Heartland Express Inc N/A $869.73M

Frequently asked questions

What is Marten Transport's PE ratio?

The price to earnings ratio for MRTN stock is 28.62 as of Oct 29, 2024.

What is the 3-year average PE ratio for Marten Transport (MRTN)?

As an average over the last 3 years, MRTN stock has a PE ratio of 19.18.

What is the 5-year average PE ratio for Marten Transport (MRTN)?

As an average over the last 5 years, MRTN stock has a PE ratio of 19.1.

What is the highest PE ratio for MRTN?

The highest quarterly PE ratio in the last ten years has been 33.55 and it was in the Jun 2024 quarter.

How does the current PE ratio for MRTN compare to its historical average?

The current PE ratio of MRTN is 50% higher than the 10-year historical average.

How is MRTN's PE ratio calculated (Marten Transport PE ratio formula)?

You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months earnings per share(EPS). As of today (Oct 29, 2024), Marten Transport's share price is $15.74. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $0.55. Therefore, Marten Transport's price to earnings ratio for today is 28.62. PE RATIO(28.62) = STOCK PRICE($15.74) / TTM EPS($0.55)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.