P/E ratio for Murphy Oil (MUR)
P/E ratio as of June 2024 (TTM): 8.80
According to Murphy Oil 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.80042. At the end of 2022 the company had a P/E ratio of 6.96.
P/E ratio history for Murphy Oil from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 6.96 | -113.06% |
| 2021 | -53.3 | 3189.62% |
| 2020 | -1.62 | -142.91% |
| 2019 | 3.77 | -61.59% |
| 2018 | 9.83 | -156.97% |
| 2017 | -17.2 | -11.34% |
| 2016 | -19.5 | 1041.38% |
| 2015 | -1.70 | -117.11% |
| 2014 | 9.96 | -8.62% |
| 2013 | 10.9 | 6.23% |
| 2012 | 10.3 | -3.83% |
| 2011 | 10.7 | -31.03% |
| 2010 | 15.5 | 45.15% |
| 2009 | 10.7 | 155.55% |
| 2008 | 4.17 | -76.82% |
| 2007 | 18.0 | 41.43% |
| 2006 | 12.7 | 26.53% |
| 2005 | 10.1 | 10.19% |
| 2004 | 9.13 | -48% |
| 2003 | 17.6 | -42.11% |
| 2002 | 30.3 | 205.08% |
| 2001 | 9.94 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 BP BP | 4.28 | -51.37% | 🇬🇧 UK |
 ConocoPhillips COP | 12.4 | 40.90% | 🇺🇸 USA |
 Marathon Oil
MRO | 10.4 | 17.79% | 🇺🇸 USA |
 Exxon Mobil XOM | 11.3 | 28.63% | 🇺🇸 USA |
 Chevron CVX | 11.7 | 33.01% | 🇺🇸 USA |
 Devon Energy
DVN | 6.48 | -26.33% | 🇺🇸 USA |
 Hess HES | 28.9 | 228.63% | 🇺🇸 USA |
 Valero Energy VLO | 5.14 | -41.58% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.