The PE ratio for Global Partners stock stands at 12.67 as of May 3, 2024. This takes into account the latest EPS of $3.77 and stock price of $47.75. An increase of 80% has been observed in the PE ratio compared to its average of 7.1 of the last four quarters.
Over the last ten years, the average PE ratio of Global Partners has been 30.92. The current 12.67 P/E ratio is 59% 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.
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% |
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's PE ratio stands lower than its peer stocks CAPL and SGU, but it is higher than PSX's and SPH's. Global Partners is currently trading at a lower PE ratio (12.67) than its peers average of 14.69.
| Stock name | PE ratio | Market cap |
|---|---|---|
| PSX Phillips 66 | 11.08 | $61.52B |
| SPH Suburban Propane Partners Lp | 12.27 | $1.26B |
| GLP Global Partners Lp | 12.8 | $1.64B |
| SGU Star Group Lp | 14.77 | $411.14M |
| CAPL CrossAmerica Partners LP | 20.99 | $845.13M |
| AE Adams Resources & Energy Inc | 355 | $72.89M |
| CLNE Clean Energy Fuels Corp | N/A | $529.08M |
As of May 3, 2024, GLP stock has a price to earnings ratio of 12.67.
The 3-year average price to earnings ratio for GLP stock is 12.3.
The 5-year average price to earnings ratio for GLP stock is 11.39.
Over the last ten years, the quarterly PE ratio reached its highest level at 675 in the Mar 2016 quarter.
GLP's price to earnings ratio is currently 59% below its 10-year historical average.
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (May 3, 2024), Global Partners's share price is $47.75. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $3.77. Therefore, Global Partners's PE ratio for today is 12.67. PE RATIO(12.67) = STOCK PRICE($47.75) / TTM EPS($3.77)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.