MRTN
Marten Transport
PE ratio, current and historical analysis
- Stocks
- Industrials
- NASDAQ: MRTN
- PE Ratio
The current P/E ratio for Marten Transport stock as of Jun 22, 2026 is 94.0. This is calculated based on the TTM EPS of $0.18 and the stock price of $16.92 per share. The PE ratio has increased by 70% from its last 4 quarters average of 55.4.
MRTN PE ratio history
The average historical PE ratio of Marten Transport for the last ten years is 24.62. The current price-to-earnings ratio of 94.0 is 282% more than the historical average. Analyzing the last ten years, MRTN's PE ratio reached its highest point in the Mar 2026 quarter at 72.94, when the price was $13.13 and the EPS was $0.18. 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.
Marten Transport PE ratio by year
Maximum annual increase: 96.18% in 2024
Maximum annual decrease: -46.37% in 2017
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 54.19 | 14.57% | $11.38 | $0.21 |
| 2024 | 47.3 | 96.18% | $15.61 | $0.33 |
| 2023 | 24.11 | 64.57% | $20.98 | $0.87 |
| 2022 | 14.65 | -12.06% | $19.78 | $1.35 |
| 2021 | 16.66 | -18.77% | $17.16 | $1.03 |
| 2020 | 20.51 | 7.38% | $17.23 | $0.84 |
| 2019 | 19.1 | 18.56% | $14.33 | $0.75 |
| 2018 | 16.11 | 32.16% | $10.79 | $0.67 |
| 2017 | 12.19 | -46.37% | $13.53 | $1.11 |
| 2016 | 22.73 | 38.01% | $9.32 | $0.41 |
| 2015 | 16.47 | -32.19% | $7.08 | $0.43 |
| 2014 | 24.29 | 8.29% | $8.74 | $0.36 |
| 2013 | 22.43 | 50.94% | $8.08 | $0.36 |
| 2012 | 14.86 | -7.07% | $4.9 | $0.33 |
| 2011 | 15.99 | -32.67% | $4.8 | $0.3 |
Marten Transport PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 72.94 | 34.6% | $13.13 | $0.18 |
| Dec 2025 | 54.19 | 21.99% | $11.38 | $0.21 |
| Sep 2025 | 44.42 | -11.09% | $10.66 | $0.24 |
| Jun 2025 | 49.96 | -1.67% | $12.99 | $0.26 |
| Mar 2025 | 50.81 | 7.42% | $13.72 | $0.27 |
| Dec 2024 | 47.3 | 14.92% | $15.61 | $0.33 |
| Sep 2024 | 41.16 | 22.68% | $17.7 | $0.43 |
| Jun 2024 | 33.55 | 30.7% | $18.45 | $0.55 |
| Mar 2024 | 25.67 | 6.47% | $18.48 | $0.72 |
| Dec 2023 | 24.11 | 25.97% | $20.98 | $0.87 |
| Sep 2023 | 19.14 | 5.05% | $19.71 | $1.03 |
| Jun 2023 | 18.22 | 13.03% | $21.5 | $1.18 |
| Mar 2023 | 16.12 | 10.03% | $20.95 | $1.3 |
| Dec 2022 | 14.65 | 2.45% | $19.78 | $1.35 |
| Sep 2022 | 14.3 | 8.83% | $19.16 | $1.34 |
MRTN Price vs fair value
MRTN average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
Currently, MRTN's PE ratio is above its 3, 5 and 10-year averages.
PE comparison
Marten Transport's price to earnings (P/E) of 94 is higher than the Industrials sector and the industry average. Looking at the Industrials sector average of 30.63, Marten Transport's price to earnings (P/E) is 207% higher.
MRTN PE vs peers
When compared to its peer stock KNX, MRTN's PE ratio is lower.
| Stock name | PE ratio | Market cap |
|---|---|---|
| MRTN Marten Transport Ltd | 94.39 | $1.39B |
| KNX Knight-Swift Transportation Holdings Inc | 353.33 | $12.06B |
| HTLD Heartland Express Inc | N/A | $1.13B |
| WERN Werner Enterprises Inc | N/A | $2.46B |
| PAMT PAMT Corp. | N/A | $286.92M |
Frequently asked questions
What is Marten Transport's PE ratio?
The price to earnings ratio for MRTN stock is 94 as of Jun 22, 2026.
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 40.12.
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 30.28.
What is the highest PE ratio for MRTN?
The current PE of 94 represents the highest historical value in the last ten years.
How does the current PE ratio for MRTN compare to its historical average?
The current PE ratio of MRTN is 282% higher than the 10-year historical average.
Why is Marten Transport's PE ratio so high?
MRTN's PE ratio is high because its earnings per share (EPS) is low relative to its stock price.
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 (Jun 22, 2026), Marten Transport's share price is $16.92. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $0.18. Therefore, Marten Transport's price to earnings ratio for today is 94. PE RATIO(94) = STOCK PRICE($16.92) / TTM EPS($0.18)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.