As of Feb 03, 2025, MPLX LP's fair value using the Peter Lynch formula is $55.6 per share. The current price of $51.4 suggests MPLX LP may be undervalued by this metric.
As of Feb 03, 2025, MPLX LP's P/E ratio is 12.0x. This is calculated by dividing the current share price of $51.4 by the Earnings per Share (EPS) for the trailing twelve months, which is $4.3. The P/E ratio indicates how much investors are willing to pay for each dollar of earnings.
MPLX LP earnings per share (EPS) for the twelve months ending Feb 03, 2025, was $4.3, a 6.4% growth year-over-year.