MMLP (Martin Midstream Partners LP) Book Value per Share: $-2.37 (As of Mar. 2026)


MMLP Martin Midstream Partners LP MMLP
53 GF Score
Price $2.45
GF Value $2.73
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Martin Midstream Partners LP Book Value per Share?

Martin Midstream Partners LP MMLP +3.88% 53 Book Value per Share is $-2.37 as of Mar. 2026. GuruFocus rates MMLP with a GF Score™ of 53/100 and a GF Value™ of $2.73 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Martin Midstream Partners LP's book value per share for the quarter that ended in Mar. 2026 was $-2.37.

During the past 3 years, the average Book Value Per Share Growth Rate was -12.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -12.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Martin Midstream Partners LP was 13.20% per year. The lowest was -508.70% per year. And the median was -12.70% per year.

Martin Midstream Partners LP's current price is $2.45. Its book value per share for the quarter that ended in Mar. 2026 was $-2.37. Hence, today's PB Ratio of Martin Midstream Partners LP is .

During the past 13 years, the highest P/B Ratio of Martin Midstream Partners LP was 2.93. The lowest was 1.33. And the median was 1.96.


Martin Midstream Partners LP  (NAS:MMLP) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Martin Midstream Partners LP Book Value per Share Related Terms


Martin Midstream Partners LP Book Value per Share Historical Data

* Premium members only.

The historical data trend for Martin Midstream Partners LP's Book Value per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Martin Midstream Partners LP Book Value per Share Chart

Martin Midstream Partners LP Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.24 -1.53 -1.66 -1.81 -2.20

Martin Midstream Partners LP Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.83 -1.90 -2.12 -2.20 -2.37

MMLP vs NFE, PXS, DLNG: Book Value per Share Comparison

For the Oil & Gas Midstream subindustry, Martin Midstream Partners LP's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Martin Midstream Partners LP PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Martin Midstream Partners LP's PB Ratio distribution charts can be found below:

* The bar in red indicates where Martin Midstream Partners LP's PB Ratio falls into.


MMLP
53GF Score
Martin Midstream Partners LP MMLP
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Martin Midstream Partners LP Book Value per Share Calculation

Martin Midstream Partners LP's Book Value Per Share for the fiscal year that ended in Dec. 2025 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(-85.8-0.0)/39.1
=-2.20

Martin Midstream Partners LP's Book Value Per Share for the quarter that ended in Mar. 2026 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(-92.7-0.0)/39.1
=-2.37

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Frequently Asked Questions Learn more about Book Value per Share →
What does a Book Value per Share of $-2.37 mean?
Martin Midstream Partners LP (MMLP) has a Book Value per Share of $-2.37 as of Mar. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Martin Midstream Partners LP and its competitors.
Is Martin Midstream Partners LP's Book Value per Share too high?
Martin Midstream Partners LP's current Book Value per Share is $-2.37. Overall, Martin Midstream Partners LP has a GF Score™ of 53/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Martin Midstream Partners LP's Book Value per Share compare to NFE and PXS?
Martin Midstream Partners LP's Book Value per Share of $-2.37 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Book Value per Share for an Oil & Gas company?
A good Book Value per Share depends on the Oil & Gas industry context. However, Book Value per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Book Value per Share mean?
A high Book Value per Share can signal that a stock is expensive relative to its fundamentals. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Martin Midstream Partners LP and its competitors. Martin Midstream Partners LP's current Book Value per Share is $-2.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Martin Midstream Partners LP stock overvalued right now?
Based on GuruFocus' analysis, Martin Midstream Partners LP (MMLP) is currently considered Modestly Undervalued. The stock's GF Value™ is $2.73, compared to a current price of $2.45 — trading 10.3% below its estimated fair value. The current Book Value per Share is $-2.37. Martin Midstream Partners LP's overall GF Score™ is 53/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Book Value per Share calculated?
Book Value per Share is calculated from a company's financial statements. For Martin Midstream Partners LP (MMLP), the current Book Value per Share is $-2.37 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Martin Midstream Partners LP (MMLP) Overvalued in 2026?

Based on GuruFocus' analysis, Martin Midstream Partners LP stock appears to be undervalued. The current stock price of $2.45 is trading 10.3% below its estimated GF Value™ of $2.73. GuruFocus considers Martin Midstream Partners LP to be Modestly Undervalued.

Key valuation signals for MMLP:

  • Book Value per Share: $-2.37
  • GF Value™: $2.73 vs. price of $2.45 (10.3% below fair value)
  • GF Score™: 53/100 with 5 warning signs

No single metric tells the full story. See the MMLP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Martin Midstream Partners LP Business Description

Industry EnergyOil & Gas
Address 4200 Stone Road, Kilgore, TX, USA, 75662
Martin Midstream Partners LP has a diverse set of operations focused on the United States Gulf Coast region. The company's business lines include terminalling, processing, storage, and packaging services for petroleum products and by-products, including the refining of naphthenic crude oil; land and marine transportation services for petroleum products and by-products, chemicals, and specialty products; sulfur and sulfur-based products processing, manufacturing, marketing, and distribution; and natural gas liquids marketing, distribution and transportation services. The company operates in four segment Terminalling and storage, Transportation, Sulfur service, and Specialty products segment. The majority of the revenue is derived from the Specialty products segment.
53GF Score

Get the complete analysis for MMLP

Book Value per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.45
Price
$2.73
GF Value