MPLX P/E ratio: current value, 10-year range and year-by-year history
Cash & Leverage
MPLX's p/e ratio is higher than 65% of the last 10 years.
P/E ratio History
MPLX P/E ratio by year
Yearly range of MPLX’s p/e ratio from 2016 to 2026. Over the full period it ranged from -826.5 to 555.1, averaging 17.1.
| Year | Low | Average | High | Year-end |
|---|---|---|---|---|
| 2026 | 10.8 | 12.1 | 13.0 | 12.8 |
| 2025 | 10.1 | 11.8 | 13.0 | 11.1 |
| 2024 | 9.6 | 10.5 | 12.2 | 11.4 |
| 2023 | 8.5 | 9.2 | 10.5 | 10.5 |
| 2022 | 7.9 | 10.1 | 11.9 | 8.6 |
| 2021 | -35.1 | 0.7 | 12.5 | 10.3 |
| 2020 | -28.9 | -3.1 | 22.2 | -28.9 |
| 2019 | 9.9 | 13.1 | 20.9 | 20.9 |
| 2018 | 13.2 | 23.4 | 37.3 | 13.2 |
| 2017 | 35.7 | 167.2 | 555.1 | 39.0 |
| 2016 | -826.5 | -256.8 | -126.3 | -144.3 |
Get notified when MPLX P/E ratio crosses a threshold
Free — one alert setup, notifications by push, Telegram, or Discord.
How much the market pays for each dollar of annual profit. P/E = Stock Price / EPS. The raw number means little — what matters is whether it's high or low relative to the company's own history.
Price / Earnings Per ShareThe chart shows five color-coded historical zones: green (below 10th percentile) means historically very cheap, fading through lime and gray (the normal 25th–75th range) to orange and red (historically expensive). When the line sits in a green or lime zone, the stock is trading at an unusually low P/E relative to its own history.
- Cyclical businesses look cheapest on P/E at peak earnings — the "earnings trap." Use EV/EBITDA or normalised earnings for energy, materials, and financials.
- A falling P/E trend may signal a business in structural decline, not a buying opportunity.
Is MPLX P/E ratio High or Low Right Now?
MPLX Lp's P/E ratio is currently 12.8, which is above average relative to its 10-year historical range. The 10-year median P/E ratio for MPLX is approximately 11.3. See all MPLX valuation metrics →
Unlock 10y, 15y, 20y, and 30y history with peer comparison and CSV export.