Looking into the current session, Martin Marietta Materials Inc. (NYSE:MLM) shares are trading at $436.62, after a 0.46% decrease. Over the past month, the stock decreased by 4.83%, but over the past year, it actually spiked by 22.54%. With questionable short-term performance like this, and great long-term performance, long-term shareholders might want to start looking into the company's price-to-earnings ratio.
Martin Marietta Materials P/E Compared to Competitors
The P/E ratio measures the current share price to the company's EPS. It is used by long-term investors to analyze the company's current performance against it's past earnings, historical data and ...