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NMM Navios Maritime Partners L P PE ratio, current and historical analysis

The price-to-earnings ratio for Navios Maritime Partners L P stock stands at 3.54 as of Jun 12, 2024. This is calculated based on the current EPS of $14.33 and the stock price of $50.76 per share. An increase of 78% has been recorded in the P/E ratio compared to the average of 2.0 of the last 4 quarters.

NMM PE ratio history

How has NMM's PE ratio performed in the past

Over the last ten years, the average PE ratio of Navios Maritime Partners L P has been 6.69. The current 3.54 PE ratio is 47% below the historical average. In the past ten years, NMM's PE ratio was at its highest in the Sep 2017 quarter at 30.45, with a price of $30.75 and an EPS of N/A. The Jun 2022 quarter recorded the bottom point at 0.68, with a price of $23 and an EPS of $33.69.

Average
6.69
Median
2.2
Minimum
0.68
Maximum
30.45

Navios Maritime Partners L P PE ratio by year

Maximum annual increase: 44.2% in 2023

Maximum annual decrease: -48.06% in 2015

Year PE ratio Change
2023 1.99 44.2%
2022 1.38 23.21%
2021 1.12 N/A
2020 N/A N/A
2019 N/A N/A
2018 N/A N/A
2017 N/A N/A
2016 N/A N/A
2015 6.29 -48.06%
2014 12.11 1.94%

NMM average PE ratio chart

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

Currently, NMM's PE ratio is above the 3 and 5-year historical averages, but it is lower than the 10-year average.

3-year avg
1.51
5-year avg
1.67
10-year avg
6.69
15-year avg
8.64

NMM PE vs peers

What is NMM's PE ratio compared to its peers

Compared to its peers SBLK and DSX, NMM's PE ratio stands lower, however it is higher than ESEA's.

Stock name PE ratio Market cap
ESEA Euroseas Ltd 2.32 $248.95M
NMM Navios Maritime Partners L.P. 3.45 $1.49B
SBLK Star Bulk Carriers Corp 11.3 $2.09B
DSX Diana Shipping Inc 12.04 $318.86M

Frequently asked questions

What is Navios Maritime Partners L P's PE ratio?

As of Jun 12, 2024, NMM stock has a price to earnings ratio of 3.54.

What is the 3-year average PE ratio for Navios Maritime Partners L P (NMM)?

Over the last 3 years, the average price to earnings ratio for NMM stock is 1.51.

What is the 5-year average PE ratio for Navios Maritime Partners L P (NMM)?

Over the last 5 years, the average price to earnings ratio for NMM stock is 1.67.

What is the highest PE ratio for NMM?

Over the last ten years, the quarterly PE ratio reached a historic high of 30.45 in the Sep 2017 quarter.

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

The current price to earnings ratio of NMM is 47% lower than the 10-year historical average.

Why is Navios Maritime Partners L P's PE ratio so low?

NMM's PE ratio is low because the stock price is relatively cheap compared to the earnings generated by the company.

How is NMM's PE ratio calculated (Navios Maritime Partners L P PE ratio formula)?

The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Jun 12, 2024), Navios Maritime Partners L P's stock price is $50.76. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $14.33. Therefore, Navios Maritime Partners L P's P/E ratio for today is 3.54. PE RATIO(3.54) = STOCK PRICE($50.76) / TTM EPS($14.33)

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