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Marten Transport (NAS:MRTN) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
Marten Transport Forward PE Ratio Related Terms
Marten Transport Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Marten Transport's Forward PE Ratio 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.
Marten Transport Forward PE Ratio Chart
Marten Transport Annual Data
Trend
2015-12
2016-12
2017-12
2018-12
2019-12
2024-12
2025-12
Forward PE Ratio
15.13
22.32
27.10
13.00
17.73
30.41
36.06
Marten Transport Quarterly Data
2015-12
2016-03
2016-06
2016-09
2016-12
2017-03
2017-06
2017-09
2017-12
2018-03
2018-06
2018-09
2018-12
2019-03
2019-06
2019-09
2019-12
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
2026-06
Forward PE Ratio
15.13
15.72
18.48
20.00
22.32
23.31
26.32
28.17
27.10
26.18
25.77
16.84
13.00
14.27
16.05
16.18
17.73
30.41
34.46
40.47
23.84
36.06
46.37
58.23
MRTN vs CVLG, HTLD, ULH: Forward PE Ratio Comparison
For the Trucking subindustry, Marten Transport's Forward PE Ratio, along with its competitors' market caps and Forward PE 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.
Marten Transport Forward PE Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, Marten Transport's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Marten Transport's Forward PE Ratio falls into.
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
Marten Transport (MRTN) has a Forward PE Ratio of 49.07 as of Aug. 03, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Marten Transport and its competitors. According to the industry distribution chart, Marten Transport ranks #461 out of 490 companies in the Transportation industry, placing it in the top 94.1%.
Is Marten Transport's Forward PE Ratio too high?
Marten Transport's current Forward PE Ratio is 49.07. The Transportation industry median Forward PE Ratio is 13.77. Marten Transport's value of 49.07 is 256.4% above this industry median. Based on the distribution chart, Marten Transport ranks #461 out of 490 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Marten Transport has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Marten Transport's Forward PE Ratio compare to CVLG and HTLD?
According to the Transportation industry distribution chart, Marten Transport ranks #461 out of 490 companies for Forward PE Ratio. This places Marten Transport in the lower half of its industry. The industry median Forward PE Ratio is 13.77. Marten Transport's value of 49.07 is 256.4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a Transportation company?
The median Forward PE Ratio among Transportation companies is 13.77, based on 490 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Marten Transport's current Forward PE Ratio of 49.07 is 256.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Marten Transport and its competitors. For the Transportation industry, the median Forward PE Ratio is 13.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marten Transport's current Forward PE Ratio is 49.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marten Transport stock overvalued right now?
Based on GuruFocus' analysis, Marten Transport (MRTN) is currently considered Fairly Valued. The stock's GF Value™ is $13.59, compared to a current price of $14.72 — trading 8.3% above its estimated fair value. The current Forward PE Ratio is 49.07 and 256.4% above the Transportation industry median of 13.77. Marten Transport's overall GF Score™ is 72/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For Marten Transport (MRTN), the current Forward PE Ratio is 49.07 as of Aug. 03, 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 Marten Transport (MRTN) Overvalued in 2026?
Based on GuruFocus' analysis, Marten Transport stock appears to be overvalued.
The current stock price of $14.72 is trading 8.3% above its estimated GF Value™ of $13.59.
GuruFocus considers Marten Transport to be Fairly Valued.
Key valuation signals for MRTN:
Forward PE Ratio: 49.07
GF Value™: $13.59 vs. price of $14.72 (8.3% above fair value)
Industry Position: 256.4% above the Transportation median (#461 of 490)
No single metric tells the full story. See the MRTN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Marten Transport Ltd is a temperature-sensitive and dry truckload carrier in the United States. The company specializes in transporting and distributing food and other consumer packaged goods that require a temperature-controlled or insulated environment. The company operates through four segments: Truckload, Dedicated, Intermodal, and Brokerage, generating the majority of its revenue from the Truckload segment. The Truckload segment offers a mix of regional short-haul and medium- to long-haul full-load transportation services transporting food and other consumer packaged goods.
72GF Score
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Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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