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