MPLX Relative Valuation
MPLX's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, MPLX is overvalued; if below, it's undervalued.
Historical Valuation
MPLX LP (MPLX) is now in the Overvalued zone, suggesting that its current forward PE ratio of 12.63 is considered Overvalued compared with the five-year average of 9.97. The fair price of MPLX LP (MPLX) is between 46.49 to 52.93 according to relative valuation methord. Compared to the current price of 55.88 USD , MPLX LP is Overvalued By 5.56%.
Relative Value
Fair Zone
46.49-52.93
Current Price：55.88
5.56%
Overvalued
12.63
PE
1Y
3Y
5Y
Trailing
Forward
11.02
EV/EBITDA
MPLX LP. (MPLX) has a current EV/EBITDA of 11.02. The 5-year average EV/EBITDA is 9.47. The thresholds are as follows: Strongly Undervalued below 8.51, Undervalued between 8.51 and 8.99, Fairly Valued between 9.95 and 8.99, Overvalued between 9.95 and 10.43, and Strongly Overvalued above 10.43. The current Forward EV/EBITDA of 11.02 falls within the Strongly Overvalued range.
13.99
EV/EBIT
MPLX LP. (MPLX) has a current EV/EBIT of 13.99. The 5-year average EV/EBIT is 12.26. The thresholds are as follows: Strongly Undervalued below 11.02, Undervalued between 11.02 and 11.64, Fairly Valued between 12.88 and 11.64, Overvalued between 12.88 and 13.50, and Strongly Overvalued above 13.50. The current Forward EV/EBIT of 13.99 falls within the Strongly Overvalued range.
4.23
PS
MPLX LP. (MPLX) has a current PS of 4.23. The 5-year average PS is 3.32. The thresholds are as follows: Strongly Undervalued below 2.41, Undervalued between 2.41 and 2.87, Fairly Valued between 3.78 and 2.87, Overvalued between 3.78 and 4.24, and Strongly Overvalued above 4.24. The current Forward PS of 4.23 falls within the Overvalued range.
8.87
P/OCF
MPLX LP. (MPLX) has a current P/OCF of 8.87. The 5-year average P/OCF is 7.01. The thresholds are as follows: Strongly Undervalued below 5.26, Undervalued between 5.26 and 6.14, Fairly Valued between 7.89 and 6.14, Overvalued between 7.89 and 8.77, and Strongly Overvalued above 8.77. The current Forward P/OCF of 8.87 falls within the Strongly Overvalued range.
14.20
P/FCF
MPLX LP. (MPLX) has a current P/FCF of 14.20. The 5-year average P/FCF is 9.25. The thresholds are as follows: Strongly Undervalued below 5.48, Undervalued between 5.48 and 7.36, Fairly Valued between 11.13 and 7.36, Overvalued between 11.13 and 13.02, and Strongly Overvalued above 13.02. The current Forward P/FCF of 14.20 falls within the Strongly Overvalued range.
MPLX LP (MPLX) has a current Price-to-Book (P/B) ratio of 3.98. Compared to its 3-year average P/B ratio of 3.26 , the current P/B ratio is approximately 21.92% higher. Relative to its 5-year average P/B ratio of 2.99, the current P/B ratio is about 32.95% higher. MPLX LP (MPLX) has a Forward Free Cash Flow (FCF) yield of approximately 0.00%. Compared to its 3-year average FCF yield of 10.50%, the current FCF yield is approximately -100.00% lower. Relative to its 5-year average FCF yield of 11.69% , the current FCF yield is about -100.00% lower.
3.98
P/B
Median3y
3.26
Median5y
2.99
8.40
FCF Yield
Median3y
10.50
Median5y
11.69
Competitors Valuation Multiple
The average P/S ratio for MPLX's competitors is , providing a benchmark for relative valuation. MPLX LP Corp (MPLX) exhibits a P/S ratio of , which is NaN% above the industry average. Given its robust revenue growth of 4.46%, this premium appears unsustainable.
P/S
P/E
EV/EBITDA
EV/EBIT
P/S
Revenue Growth
Market Cap
Performance Decomposition
1Y
3Y
5Y
Market capitalization of MPLX increased by 18.95% over the past 1 year. The primary factor behind the change was an increase in Margin Expansion from 37.09 to 52.73.
The secondary factor is the Revenue Growth, contributed 4.46%to the performance.
Overall, the performance of MPLX in the past 1 year is driven by Margin Expansion. Which is more sustainable.
People Also Watch
FAQ
Is MPLX LP (MPLX) currently overvalued or undervalued?
What is MPLX LP (MPLX) fair value?
How does MPLX's valuation metrics compare to the industry average?
What is the current P/B ratio for MPLX LP (MPLX) as of Dec 05 2025?
What is the current FCF Yield for MPLX LP (MPLX) as of Dec 05 2025?
What is the current Forward P/E ratio for MPLX LP (MPLX) as of Dec 05 2025?