KNOT Offshore Partners LP (KNOP) P/E Ratio History
UndervaluedTrading at 14.9x vs 5Y avg 31.2x · 80th percentile · Below historical baseline · Data 2013–2026
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P/E Ratio Analysis
As of June 22, 2026, KNOT Offshore Partners LP (KNOP) trades at a price-to-earnings ratio of 14.9x, with a stock price of $10.26 and trailing twelve-month earnings per share of $0.54.
The current P/E is 52% below its 5-year average of 31.2x. Over the past five years, KNOP's P/E has ranged from a low of 5.7x to a high of 438.5x, placing the current valuation at the 80th percentile of its historical range.
Compared to the Industrials sector median P/E of 25.6x, KNOP trades at a 42% discount to its sector peers. The sector includes 403 companies with P/E ratios ranging from 0.1x to 198.8x.
Relative to the broader market, KNOP trades at a notable discount to the S&P 500 median P/E of 24.4x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our KNOP DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
KNOP Cross-Benchmark Valuation
How does the current P/E compare to sector peers and the broader market?
KNOP P/E vs Peers
Offshore Support and Wind Vessels peers sorted by market cap
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $1B | 10.4 | - | -20% | |
| $3B | 7.4Lowest | 0.23Best | -13% | |
| $1B | 100.9 | - | -74% | |
| $1B | 8.6 | - | -12% | |
| $9B | 24.1 | - | -24% | |
| $3B | 14.4 | - | +17%Best | |
| $4B | 13.6 | - | -26% | |
| $697M | 19.4 | - | -71% | |
| $4B | 11.5 | 0.34 | -47% | |
| $3B | 9.9 | 0.54 | -53% |
Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.
KNOP Historical P/E Data (2013–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Period End | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q1 | - | $10.08 | $0.53 | 19.1x | -11% |
| FY2025 Q4 | Dec 31 2025 | $10.35 | $0.67 | 15.4x | -28% |
| FY2025 Q3 | - | $8.82 | $1.54 | 5.7x | -73% |
| FY2025 Q2 | Jun 30 2025 | $6.26 | $0.99 | 6.3x | -70% |
| FY2025 Q1 | Mar 31 2025 | $6.98 | $0.37 | 18.9x | -12% |
| FY2024 Q4 | - | $5.45 | $0.37 | 14.7x | -31% |
| FY2024 Q2 | Jun 30 2024 | $8.77 | $0.02 | 438.5x | +1953% |
| FY2023 Q1 | Mar 31 2023 | $5.36 | $0.85 | 6.3x | -71% |
| FY2022 Q4 | Dec 31 2022 | $9.63 | $1.68 | 5.7x | -73% |
| FY2022 Q3 | Sep 30 2022 | $13.98 | $2.19 | 6.4x | -70% |
| FY2022 Q2 | - | $16.37 | $2.13 | 7.7x | -64% |
| FY2022 Q1 | - | $16.91 | $1.51 | 11.2x | -48% |
| FY2021 Q4 | Dec 31 2021 | $13.36 | $1.58 | 8.5x | -60% |
| FY2021 Q3 | - | $18.79 | $1.64 | 11.5x | -46% |
| FY2021 Q2 | Jun 30 2021 | $19.98 | $1.90 | 10.5x | -51% |
| FY2021 Q1 | Mar 31 2021 | $17.81 | $2.94 | 6.1x | -72% |
| FY2020 Q4 | - | $15.06 | $1.89 | 8.0x | -63% |
| FY2020 Q3 | Sep 30 2020 | $12.90 | $1.87 | 6.9x | -68% |
| FY2020 Q2 | - | $13.75 | $1.63 | 8.4x | -60% |
| FY2020 Q1 | - | $10.20 | $1.16 | 8.8x | -59% |
| FY2019 Q4 | - | $19.81 | $1.74 | 11.4x | -47% |
| FY2019 Q3 | Sep 30 2019 | $19.09 | $1.28 | 14.9x | -30% |
| FY2019 Q2 | Jun 30 2019 | $19.09 | $1.48 | 12.9x | -40% |
| FY2019 Q1 | Mar 31 2019 | $18.99 | $1.88 | 10.1x | -53% |
| FY2018 Q4 | Dec 31 2018 | $17.93 | $2.43 | 7.4x | -65% |
| FY2018 Q3 | Sep 30 2018 | $21.70 | $2.75 | 7.9x | -63% |
| FY2018 Q2 | Jun 30 2018 | $22.15 | $2.83 | 7.8x | -63% |
| FY2018 Q1 | Mar 31 2018 | $19.80 | $2.76 | 7.2x | -66% |
| FY2017 Q4 | Dec 31 2017 | $20.75 | $2.21 | 9.4x | -56% |
| FY2017 Q3 | Sep 30 2017 | $23.50 | $2.34 | 10.0x | -53% |
| FY2017 Q2 | Jun 30 2017 | $22.95 | $2.33 | 9.8x | -54% |
| FY2017 Q1 | Mar 31 2017 | $23.30 | $2.31 | 10.1x | -53% |
| FY2016 Q4 | Dec 31 2016 | $23.60 | $2.31 | 10.2x | -52% |
| FY2016 Q3 | Sep 30 2016 | $20.89 | $2.23 | 9.4x | -56% |
| FY2016 Q2 | - | $18.56 | $1.82 | 10.2x | -52% |
| FY2016 Q1 | - | $16.40 | $1.60 | 10.3x | -52% |
| FY2015 Q4 | - | $13.49 | $1.53 | 8.8x | -59% |
| FY2015 Q3 | Sep 30 2015 | $14.80 | $1.15 | 12.9x | -40% |
| FY2015 Q2 | - | $19.12 | $1.40 | 13.7x | -36% |
| FY2015 Q1 | - | $24.50 | $1.26 | 19.4x | -9% |
| FY2014 Q4 | Dec 31 2014 | $22.24 | $1.31 | 17.0x | -21% |
| FY2014 Q3 | - | $24.97 | $1.51 | 16.5x | -23% |
| FY2014 Q2 | Jun 30 2014 | $28.30 | $1.33 | 21.3x | -0% |
| FY2014 Q1 | Mar 31 2014 | $28.60 | $1.51 | 18.9x | -11% |
| FY2013 Q4 | - | $28.10 | $0.96 | 29.3x | +37% |
| FY2013 Q3 | Sep 30 2013 | $24.05 | $0.59 | 41.0x | +92% |
Average P/E for displayed period: 21.4x
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
13+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
KNOP — Frequently Asked Questions
Quick answers to the most common questions about buying KNOP stock.
What is KNOP's P/E ratio?
KNOT Offshore Partners LP (KNOP) trailing twelve-month P/E ratio is 14.9x, based on TTM diluted EPS of $0.54. The 5-year average P/E is 31.2x and the historical range spans 5.7x to 438.5x.
Is KNOP stock overvalued or undervalued?
KNOP trades at 14.9x P/E, below its 5-year average of 31.2x. At the 80th percentile of its historical range (5.7x–438.5x), the stock is priced at a discount to its own history.
Is KNOP stock expensive?
No, KNOP is not expensive on a historical basis. The current P/E of 14.9x is below the 5-year average of 31.2x and sits at the 80th percentile of its valuation range.
What is KNOP's historical P/E range?
Over the past 5 years, KNOP's P/E ratio has ranged from 5.7x to 438.5x, with a median of 8.5x and an average of 31.2x. The current P/E of 14.9x places the stock at the 80th percentile of this range. Full historical data spans 2013–2026.
How does KNOP's P/E compare to the S&P 500?
KNOP trades at 14.9x P/E versus the S&P 500 median of 24.4x. The 39% discount to the market suggests lower growth expectations or perceived higher risk.
How does KNOP's valuation compare to Industrials peers?
KNOT Offshore Partners LP P/E of 14.9x compares to the Industrials sector median of 25.6x. The discount suggests lower growth expectations, weaker margins, or higher perceived risk relative to peers. See the peer comparison table on this page for ticker-by-ticker P/E and PEG.
What is KNOP's PEG ratio?
KNOP PEG ratio is N/A, based on a P/E of 14.9x and EPS growth of 228.6%. PEG normalises P/E by growth and helps compare stocks with different earnings trajectories.
What is KNOP's earnings yield?
KNOP earnings yield is 6.73%, the inverse of its 14.9x P/E ratio. Earnings yield represents the percentage of each dollar invested that the company earns. It can be compared directly to bond yields to assess relative attractiveness of stocks versus fixed income.