According to NGL Energy Partners 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -7.73438. At the end of 2022 the company had a P/E ratio of -2.52.
Year | P/E ratio | Change |
---|---|---|
2022 | -2.52 | 419.4% |
2021 | -0.4853 | 17.49% |
2020 | -0.4131 | -91.62% |
2019 | -4.93 | -231.62% |
2018 | 3.75 | -145.33% |
2017 | -8.26 | -56.32% |
2016 | -18.9 | -221.67% |
2015 | 15.5 | -137.22% |
2014 | -41.8 | -136.33% |
2013 | 115 | 219.15% |
2012 | 36.0 | -133.47% |
2011 | -108 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
Martin Midstream Partners MMLP | -23.6 | 204.76% | ๐บ๐ธ USA |
Blueknight Energy Partners BKEP | 2.36 | -130.54% | ๐บ๐ธ USA |
Cheniere Energy
LNG | 3.13 | -140.42% | ๐บ๐ธ USA |
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.