GLP Global Partners PE ratio, current and historical analysis
The PE ratio for Global Partners stock stands at 15.52 as of Nov 21, 2024. This takes into account the latest EPS of $3.34 and stock price of $51.85. An increase of 7% has been observed in the PE ratio compared to its average of 14.5 of the last four quarters.
GLP PE ratio history
Over the last ten years, the average PE ratio of Global Partners has been 30.77. The current 15.52 P/E ratio is 50% lower than the historical average. Looking back at the last ten years, GLP's PE ratio peaked in the Mar 2016 quarter at 675, with a price of $13.5 and an EPS of $0.02. The Sep 2022 quarter marked the lowest point at 2.77, with a price of $24.75 and an EPS of $8.95.
Global Partners PE ratio by year
Maximum annual increase: 347.91% in 2019
Maximum annual decrease: -80.41% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 11.22 | 224.28% |
| 2022 | 3.46 | -80.41% |
| 2021 | 17.66 | 194.33% |
| 2020 | 6 | -75.6% |
| 2019 | 24.59 | 347.91% |
| 2018 | 5.49 | -42.81% |
| 2017 | 9.6 | N/A |
| 2016 | N/A | N/A |
| 2015 | 15.69 | 88.81% |
| 2014 | 8.31 | -66.42% |
GLP average PE ratio chart
The current PE ratio of GLP is higher than the 3 and 5-year averages, but it is lower than its 10-year average.
GLP PE vs peers
GLP's PE ratio stands lower than its peer stocks PSX and CAPL, but it is higher than SPH's and SGU's. Global Partners is currently trading at a lower PE ratio (15.52) than its peers average of 19.42.
| Stock name | PE ratio | Market cap |
|---|---|---|
| SGU Star Group Lp | 10.85 | $432.57M |
| SPH Suburban Propane Partners Lp | 11.94 | $1.16B |
| GLP Global Partners Lp | 15.52 | $1.76B |
| PSX Phillips 66 | 16.72 | $54.27B |
| CAPL CrossAmerica Partners LP | 38.15 | $769.3M |
| AE Adams Resources & Energy Inc | N/A | $96M |
| CLNE Clean Energy Fuels Corp | N/A | $605.57M |
Frequently asked questions
What is Global Partners's PE ratio?
As of Nov 21, 2024, GLP stock has a price to earnings ratio of 15.52.
What is the 3-year average PE ratio for Global Partners (GLP)?
The 3-year average price to earnings ratio for GLP stock is 9.54.
What is the 5-year average PE ratio for Global Partners (GLP)?
The 5-year average price to earnings ratio for GLP stock is 12.12.
What is the highest PE ratio for GLP?
Over the last ten years, the quarterly PE ratio reached its highest level at 675 in the Mar 2016 quarter.
How does the current PE ratio for GLP compare to its historical average?
GLP's price to earnings ratio is currently 50% below its 10-year historical average.
How is GLP's PE ratio calculated (Global Partners PE ratio formula)?
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Nov 21, 2024), Global Partners's share price is $51.85. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $3.34. Therefore, Global Partners's PE ratio for today is 15.52. PE RATIO(15.52) = STOCK PRICE($51.85) / TTM EPS($3.34)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.