MMLP (Martin Midstream Partners LP) PB Ratio: (As of Jun. 25, 2026)


MMLP Martin Midstream Partners LP MMLP
53 GF Score
Price $2.32
GF Value $2.74
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Martin Midstream Partners LP PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-06-25), Martin Midstream Partners LP's share price is $2.32. Martin Midstream Partners LP's Book Value per Share for the quarter that ended in Mar. 2026 was $-2.37. Hence, Martin Midstream Partners LP's PB Ratio of today is .

The historical rank and industry rank for Martin Midstream Partners LP's PB Ratio or its related term are showing as below:

During the past 13 years, Martin Midstream Partners LP's highest PB Ratio was 2.93. The lowest was 1.33. And the median was 1.96.

MMLP's PB Ratio is not ranked *
in the Oil & Gas industry.
Industry Median: 1.44
* Ranked among companies with meaningful PB Ratio only.

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.

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.

Back to Basics: PB Ratio


Martin Midstream Partners LP  (NAS:MMLP) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Martin Midstream Partners LP PB Ratio Related Terms


Martin Midstream Partners LP PB Ratio Historical Data

* Premium members only.

The historical data trend for Martin Midstream Partners LP's PB 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.

Martin Midstream Partners LP PB Ratio Chart

Martin Midstream Partners LP Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

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
PB Ratio 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 0.00 0.00 0.00 0.00 0.00

MMLP vs DLNG, TORO, PXS: PB Ratio 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
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Martin Midstream Partners LP PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Martin Midstream Partners LP's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=2.32/-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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

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 $2.32 is trading 15.3% below its estimated GF Value™ of $2.74. GuruFocus considers Martin Midstream Partners LP to be Modestly Undervalued.

Key valuation signals for MMLP:

  • PB Ratio:
  • GF Value™: $2.74 vs. price of $2.32 (15.3% 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

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

$2.32
Price
$2.74
GF Value