Global Partners Lp Stock Price To Earning

GLP Stock

USD 53.60 0.32 0.59%

Global Partners LP fundamentals help investors to digest information that contributes to Global Partners' financial success or failures. It also enables traders to predict the movement of Global Stock. The fundamental analysis module provides a way to measure Global Partners' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Global Partners stock.

Total Current Liabilities Total Assets

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Global Partners LP Company Price To Earning Analysis

Global Partners' Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.

P/E

Market Value Per Share

Earnings Per Share

More About Price To Earning | All Equity Analysis

Current Global Partners Price To Earning

11.53 X

Most of Global Partners' fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Global Partners LP is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Global Price To Earning Driver Correlations

Understanding the fundamental principles of building solid financial models for Global Partners is extremely important. It helps to project a fair market value of Global Stock properly, considering its historical fundamentals such as Price To Earning. Since Global Partners' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Global Partners' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Global Partners' interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Total Liab	Total Current Assets	Accounts Payable	Long Term Debt	Short Term Investments	Intangible Assets	Property Plant Equipment	Current Deferred Revenue	Net Receivables	Short Term Debt	Good Will	Deferred Long Term Liab	Common Stock	Net Tangible Assets	Long Term Debt Total	Long Term Investments	Short Long Term Debt	Cash And Equivalents	Net Invested Capital	Net Working Capital
Total Assets		0.18	0.89	0.98	0.6	0.34	0.76	0.34	0.34	0.75	0.59	0.35	0.22	0.74	0.63	0.73	-0.46	0.67	0.17	-0.56	-0.24	0.48	-0.13
Total Stockholder Equity	0.18		-0.13	0.09	0.22	0.43	0.07	0.19	-0.05	0.42	0.34	0.37	-0.33	0.2	0.1	0.52	0.17	0.12	0.58	-0.07	-0.61	0.37	-0.8
Net Debt	0.89	-0.13		0.92	0.35	-0.03	0.79	0.2	0.26	0.71	0.62	0.03	0.5	0.81	0.78	0.52	-0.74	0.79	0.07	-0.74	-0.07	0.43	0.13
Total Liab	0.98	0.09	0.92		0.64	0.34	0.77	0.32	0.37	0.72	0.64	0.38	0.27	0.7	0.61	0.64	-0.54	0.65	0.14	-0.55	-0.16	0.44	-0.07
Total Current Assets	0.6	0.22	0.35	0.64		0.82	0.38	0.5	0.46	0.23	0.39	0.9	-0.15	-0.02	-0.1	0.27	0.07	-0.06	0.01	0.16	-0.09	0.06	-0.18
Accounts Payable	0.34	0.43	-0.03	0.34	0.82		0.05	0.34	0.21	0.07	0.22	0.96	-0.43	-0.23	-0.39	0.22	0.37	-0.29	0.21	0.39	-0.28	0.15	-0.48
Long Term Debt	0.76	0.07	0.79	0.77	0.38	0.05		0.36	0.08	0.64	0.58	0.13	0.39	0.62	0.68	0.41	-0.5	0.74	0.24	-0.65	-0.21	0.48	-0.13
Short Term Investments	0.34	0.19	0.2	0.32	0.5	0.34	0.36		0.41	0.13	0.17	0.32	-0.15	0.07	0.21	0.26	0.19	-0.07	-0.02	-0.02	-0.13	-0.05	-0.04
Intangible Assets	0.34	-0.05	0.26	0.37	0.46	0.21	0.08	0.41		-0.02	0.02	0.29	-0.16	0.11	0.1	0.32	-0.2	-0.13	-0.43	0.08	0.45	-0.52	0.29
Property Plant Equipment	0.75	0.42	0.71	0.72	0.23	0.07	0.64	0.13	-0.02		0.68	0.07	0.2	0.85	0.72	0.77	-0.56	0.85	0.61	-0.82	-0.57	0.78	-0.28
Current Deferred Revenue	0.59	0.34	0.62	0.64	0.39	0.22	0.58	0.17	0.02	0.68		0.28	0.29	0.53	0.55	0.37	-0.6	0.55	0.45	-0.58	-0.22	0.45	-0.39
Net Receivables	0.35	0.37	0.03	0.38	0.9	0.96	0.13	0.32	0.29	0.07	0.28		-0.34	-0.25	-0.38	0.14	0.26	-0.27	0.16	0.38	-0.14	0.07	-0.43
Short Term Debt	0.22	-0.33	0.5	0.27	-0.15	-0.43	0.39	-0.15	-0.16	0.2	0.29	-0.34		0.36	0.53	-0.07	-0.54	0.52	-0.23	-0.35	0.12	0.15	0.17
Good Will	0.74	0.2	0.81	0.7	-0.02	-0.23	0.62	0.07	0.11	0.85	0.53	-0.25	0.36		0.91	0.74	-0.71	0.91	0.29	-0.9	-0.32	0.58	-0.05
Deferred Long Term Liab	0.63	0.1	0.78	0.61	-0.1	-0.39	0.68	0.21	0.1	0.72	0.55	-0.38	0.53	0.91		0.54	-0.73	0.88	0.21	-0.87	-0.22	0.43	-0.03
Common Stock	0.73	0.52	0.52	0.64	0.27	0.22	0.41	0.26	0.32	0.77	0.37	0.14	-0.07	0.74	0.54		-0.24	0.57	0.3	-0.51	-0.4	0.44	-0.24
Net Tangible Assets	-0.46	0.17	-0.74	-0.54	0.07	0.37	-0.5	0.19	-0.2	-0.56	-0.6	0.26	-0.54	-0.71	-0.73	-0.24		-0.7	-0.13	0.79	-0.07	-0.29	-0.18
Long Term Debt Total	0.67	0.12	0.79	0.65	-0.06	-0.29	0.74	-0.07	-0.13	0.85	0.55	-0.27	0.52	0.91	0.88	0.57	-0.7		0.37	-0.89	-0.34	0.68	-0.12
Long Term Investments	0.17	0.58	0.07	0.14	0.01	0.21	0.24	-0.02	-0.43	0.61	0.45	0.16	-0.23	0.29	0.21	0.3	-0.13	0.37		-0.43	-0.72	0.77	-0.65
Short Long Term Debt	-0.56	-0.07	-0.74	-0.55	0.16	0.39	-0.65	-0.02	0.08	-0.82	-0.58	0.38	-0.35	-0.9	-0.87	-0.51	0.79	-0.89	-0.43		0.32	-0.63	-0.04
Cash And Equivalents	-0.24	-0.61	-0.07	-0.16	-0.09	-0.28	-0.21	-0.13	0.45	-0.57	-0.22	-0.14	0.12	-0.32	-0.22	-0.4	-0.07	-0.34	-0.72	0.32		-0.78	0.47
Net Invested Capital	0.48	0.37	0.43	0.44	0.06	0.15	0.48	-0.05	-0.52	0.78	0.45	0.07	0.15	0.58	0.43	0.44	-0.29	0.68	0.77	-0.63	-0.78		-0.43
Net Working Capital	-0.13	-0.8	0.13	-0.07	-0.18	-0.48	-0.13	-0.04	0.29	-0.28	-0.39	-0.43	0.17	-0.05	-0.03	-0.24	-0.18	-0.12	-0.65	-0.04	0.47	-0.43

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Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.

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Predict Global Partners

Global Retained Earnings

Retained Earnings

(625.74 Million)

Global Partners reported last year Retained Earnings of (658.67 Million)

Based on the latest financial disclosure, Global Partners LP has a Price To Earning of 11.53 times. This is 66.5% lower than that of the Oil, Gas & Consumable Fuels sector and 47.97% lower than that of the Energy industry. The price to earning for all United States stocks is 59.85% higher than that of the company.

Global Price To Earning Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Global Partners' direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Global Partners could also be used in its relative valuation, which is a method of valuing Global Partners by comparing valuation metrics of similar companies.

Global Partners is currently under evaluation in price to earning category among its peers.

Global Partners ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Global Partners' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Global Partners' managers, analysts, and investors.

Environmental

Governance

Social

Global Fundamentals

	Return On Equity	0.19
	Return On Asset	0.0492
	Profit Margin	0.01 %
	Operating Margin	0.02 %
	Current Valuation	3.92 B
	Shares Outstanding	33.73 M
	Shares Owned By Insiders	18.80 %
	Shares Owned By Institutions	44.30 %
	Number Of Shares Shorted	715 K
	Price To Earning	11.53 X
	Price To Book	2.64 X
	Price To Sales	0.11 X
	Revenue	16.49 B
	Gross Profit	1.14 B
	EBITDA	356.36 M
	Net Income	142.6 M
	Cash And Equivalents	4.04 M
	Cash Per Share	0.22 X
	Total Debt	1.54 B
	Debt To Equity	2.06 %
	Current Ratio	1.15 X
	Book Value Per Share	21.41 X
	Cash Flow From Operations	512.44 M
	Short Ratio	10.34 X
	Earnings Per Share	3.31 X
	Price To Earnings To Growth	(0.62) X
	Target Price	54.0
	Number Of Employees	3.48 K
	Beta	1.37
	Market Capitalization	1.88 B
	Total Asset	3.45 B
	Retained Earnings	(658.67 M)
	Working Capital	115.04 M
	Current Asset	867.03 M
	Current Liabilities	594.73 M
	Annual Yield	0.05 %
	Five Year Return	10.87 %
	Net Asset	3.45 B
	Last Dividend Paid	2.86

About Global Partners Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Global Partners LP's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Global Partners using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Global Partners LP based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Pair Trading with Global Partners

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Global Partners position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Global Partners will appreciate offsetting losses from the drop in the long position's value.

Moving together with Global Stock

0.71	AM	Antero Midstream Partners	Pair Corr
0.96	EE	Excelerate Energy	Pair Corr
0.95	ET	Energy Transfer LP Aggressive Push	Pair Corr
0.94	DLNG	Dynagas LNG Partners	Pair Corr

Moving against Global Stock

0.89	PXS	Pyxis Tankers	Pair Corr
0.86	LPG	Dorian LPG	Pair Corr
0.85	NAT	Nordic American Tankers	Pair Corr
0.81	PXSAW	Pyxis Tankers	Pair Corr
0.77	FRO	Frontline	Pair Corr

The ability to find closely correlated positions to Global Partners could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Global Partners when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Global Partners - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Global Partners LP to buy it.

The correlation of Global Partners is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Global Partners moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Global Partners LP moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Global Partners can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Global Stock Analysis

When running Global Partners' price analysis, check to measure Global Partners' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Global Partners is operating at the current time. Most of Global Partners' value examination focuses on studying past and present price action to predict the probability of Global Partners' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Global Partners' price. Additionally, you may evaluate how the addition of Global Partners to your portfolios can decrease your overall portfolio volatility.

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