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 5.78 as of Nov 21, 2024. This is calculated based on the current EPS of $8.89 and the stock price of $51.38 per share. An increase of 54% has been recorded in the P/E ratio compared to the average of 3.8 of the last 4 quarters.
NMM PE ratio history
Over the last ten years, the average PE ratio of Navios Maritime Partners L P has been 6.05. The current 5.78 PE ratio is 4.5% 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.
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
Currently, NMM's PE ratio is above the 3 and 5-year historical averages, but it is lower than the 10-year average.
NMM PE vs 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 | $276.69M |
| NMM Navios Maritime Partners L.P. | 5.78 | $1.53B |
| SBLK Star Bulk Carriers Corp | 6.26 | $2.11B |
| DSX Diana Shipping Inc | 19.09 | $242M |
Frequently asked questions
What is Navios Maritime Partners L P's PE ratio?
As of Nov 21, 2024, NMM stock has a price to earnings ratio of 5.78.
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 2.02.
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 2.09.
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 4.5% 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 (Nov 21, 2024), Navios Maritime Partners L P's stock price is $51.38. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $8.89. Therefore, Navios Maritime Partners L P's P/E ratio for today is 5.78. PE RATIO(5.78) = STOCK PRICE($51.38) / TTM EPS($8.89)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.