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MPLX Mplx PE ratio, current and historical analysis

The PE ratio for Mplx stock stands at 10.6 as of Jun 14, 2024. This is based on the current EPS of $3.88 and the stock price of $41.11 per share. An increase of 8% has been seen in the P/E ratio compared to the average of 9.8 of the last 4 quarters.

MPLX PE ratio history

How has MPLX's PE ratio performed in the past

Over the last ten years, the average PE ratio of Mplx has been 24.27. The current 10.6 PE ratio is 56% below the historical average. Over the past ten years, MPLX's PE ratio was at its highest in the Mar 2016 quarter at 76.13, with a price of $29.69 and an EPS of $0.39. The Sep 2022 quarter recorded the bottom point at 7.98, with a price of $30.01 and an EPS of $3.76.

Average
24.27
Median
14.3
Minimum
7.98
Maximum
76.13

Mplx PE ratio by year

Maximum annual increase: 92.44% in 2019

Maximum annual decrease: -60.09% in 2018

Year PE ratio Change
2023 9.66 10.27%
2022 8.76 -15.36%
2021 10.35 N/A
2020 N/A N/A
2019 25.46 92.44%
2018 13.23 -60.09%
2017 33.15 N/A
2016 N/A N/A
2015 31.98 -32.55%
2014 47.41 11.76%

MPLX average PE ratio chart

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

MPLX's current P/E ratio is above the 3-year historical average, but it is below the 5 and 10-year averages.

3-year avg
9.8
5-year avg
11.21
10-year avg
24.27
15-year avg
N/A

MPLX PE vs peers

What is MPLX's PE ratio compared to its peers

Compared to its peers PAA and DKL, MPLX's PE ratio stands lower, however it is higher than MPC's.

Stock name PE ratio Market cap
MPC Marathon Petroleum Corp 8.37 $59.92B
MPLX Mplx Lp 10.6 $41.78B
PAA Plains All American Pipeline Lp 14.15 $11.6B
DKL Delek Logistics Partners LP 14.33 $1.88B

Frequently asked questions

What is Mplx's PE ratio?

MPLX stock has a price to earnings ratio of 10.6 as of Jun 14, 2024.

What is the 3-year average PE ratio for Mplx (MPLX)?

The 3-year average PE ratio for MPLX stock is 9.8.

What is the 5-year average PE ratio for Mplx (MPLX)?

The 5-year average PE ratio for MPLX stock is 11.21.

What is the highest PE ratio for MPLX?

The highest quarterly PE ratio in the last ten years has been 76.13 and it was in the Mar 2016 quarter.

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

MPLX's current price to earnings ratio is 56% below its 10-year historical average.

How is MPLX's PE ratio calculated (Mplx PE ratio formula)?

You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Jun 14, 2024), Mplx's stock price is $41.11. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $3.88. Therefore, Mplx's P/E ratio for today is 10.6. PE RATIO(10.6) = STOCK PRICE($41.11) / TTM EPS($3.88)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.