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Navios Maritime Partners LP (NYSE:NMM) 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 .
Navios Maritime Partners LP Forward PE Ratio Related Terms
Navios Maritime Partners LP Forward PE Ratio Historical Data
* 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.
Navios Maritime Partners LP Forward PE Ratio Chart
Navios Maritime Partners LP Annual Data
Trend
2015-12
2017-12
2024-12
2025-12
Forward PE Ratio
4.51
47.17
2.44
3.64
Navios Maritime Partners LP Quarterly Data
2015-12
2016-03
2017-12
2018-03
2018-06
2018-09
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
2026-06
Forward PE Ratio
4.51
2.93
47.17
42.19
8.22
5.56
2.44
3.08
3.47
4.58
3.64
4.45
4.13
NMM vs DAC, CMRE, SFL: Forward PE Ratio Comparison
For the Marine Shipping subindustry, Navios Maritime Partners LP'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.
Navios Maritime Partners LP Forward PE Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, Navios Maritime Partners LP's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Navios Maritime Partners LP's Forward PE Ratio falls into.
Navios Maritime Partners LP Forward PE Ratio Calculation
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.
Navios Maritime Partners LP (NMM) has a Forward PE Ratio of 4.81 as of Aug. 29, 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 Navios Maritime Partners LP and its competitors. According to the industry distribution chart, Navios Maritime Partners LP ranks #32 out of 491 companies in the Transportation industry, placing it in the top 6.5%.
Is Navios Maritime Partners LP's Forward PE Ratio too high?
Navios Maritime Partners LP's current Forward PE Ratio is 4.81. The Transportation industry median Forward PE Ratio is 13.69. Navios Maritime Partners LP's value of 4.81 is 64.9% below this industry median. Based on the distribution chart, Navios Maritime Partners LP ranks #32 out of 491 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Navios Maritime Partners LP has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Navios Maritime Partners LP's Forward PE Ratio compare to DAC and CMRE?
According to the Transportation industry distribution chart, Navios Maritime Partners LP ranks #32 out of 491 companies for Forward PE Ratio. This places Navios Maritime Partners LP in the top 7% of its industry — outperforming the majority of peers. The industry median Forward PE Ratio is 13.69. Navios Maritime Partners LP's value of 4.81 is 64.9% below 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 13.69, based on 491 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. Navios Maritime Partners LP's current Forward PE Ratio of 4.81 is 64.9% below 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 Navios Maritime Partners LP and its competitors. For the Transportation industry, the median Forward PE Ratio is 13.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Navios Maritime Partners LP's current Forward PE Ratio is 4.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Navios Maritime Partners LP stock overvalued right now?
Based on GuruFocus' analysis, Navios Maritime Partners LP (NMM) is currently considered Significantly Overvalued. The stock's GF Value™ is $53.64, compared to a current price of $87.16 — trading 62.5% above its estimated fair value. The current Forward PE Ratio is 4.81 and 64.9% below the Transportation industry median of 13.69. Navios Maritime Partners LP's overall GF Score™ is 74/100 with 8 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 Navios Maritime Partners LP (NMM), the current Forward PE Ratio is 4.81 as of Aug. 29, 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 Navios Maritime Partners LP (NMM) Overvalued in 2026?
Based on GuruFocus' analysis, Navios Maritime Partners LP stock appears to be overvalued.
The current stock price of $87.16 is trading 62.5% above its estimated GF Value™ of $53.64.
GuruFocus considers Navios Maritime Partners LP to be Significantly Overvalued.
Key valuation signals for NMM:
Forward PE Ratio: 4.81
GF Value™: $53.64 vs. price of $87.16 (62.5% above fair value)
Industry Position: 64.9% below the Transportation median (#32 of 491)
No single metric tells the full story. See the NMM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Navios Maritime Partners LP is an international owner and operator of dry cargo and tanker vessels. Its vessels are generally chartered-out under short-term, medium-term and long-term time charters with an average remaining charter duration of approximately 2.1 years to a group of counterparties. Its fleet consisted of dry bulk vessels, containerships and tanker vessels, including two newbuilding capesize vessels, newbuilding containerships and newbuilding tankers. It operates in single segment.
74GF Score
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