DMLP Dorchester Minerals PE ratio, current and historical analysis
The PE ratio for Dorchester Minerals stock stands at 12.01 as of Nov 21, 2024. This is based on the current EPS of $2.79 and the stock price of $33.5 per share. An increase of 2.9% has been recorded in the P/E ratio compared to the average of 11.7 of the last 4 quarters.
DMLP PE ratio history
Over the last ten years, the average PE ratio of Dorchester Minerals has been 15.36. The current 12.01 PE ratio is 22% below the historical average. In the past ten years, DMLP's PE ratio was at its highest in the Jun 2016 quarter at 35.17, with a price of $14.42 and an EPS of $0.41. The Mar 2020 quarter recorded the bottom point at 7, with a price of $9.31 and an EPS of $1.33.
Dorchester Minerals PE ratio by year
Maximum annual increase: 43.12% in 2019
Maximum annual decrease: -51.56% in 2017
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 11.17 | 25.08% |
| 2022 | 8.93 | -12.45% |
| 2021 | 10.2 | -42.98% |
| 2020 | 17.89 | 37.51% |
| 2019 | 13.01 | 43.12% |
| 2018 | 9.09 | -29.43% |
| 2017 | 12.88 | -51.56% |
| 2016 | 26.59 | 12.91% |
| 2015 | 23.55 | 30.98% |
| 2014 | 17.98 | -5.17% |
DMLP average PE ratio chart
The current PE ratio of DMLP is greater than its 3 and 5-year historical averages, but it is lower than the 10-year average.
DMLP PE vs peers
DMLP's PE ratio is lower than its peer stocks PBT and PHX.
| Stock name | PE ratio | Market cap |
|---|---|---|
| DMLP Dorchester Minerals Lp | 12.01 | $1.59B |
| PBT Permian Basin Royalty Trust | 17.64 | $641.34M |
| PHX Phx Minerals Inc | 28.77 | $140.18M |
Frequently asked questions
What is Dorchester Minerals's PE ratio?
DMLP stock has a price to earnings ratio of 12.01 as of Nov 21, 2024.
What is the 3-year average PE ratio for Dorchester Minerals (DMLP)?
The 3-year average PE ratio for DMLP stock is 10.28.
What is the 5-year average PE ratio for Dorchester Minerals (DMLP)?
The 5-year average PE ratio for DMLP stock is 11.74.
What is the highest PE ratio for DMLP?
In the last ten years, the Jun 2016 quarter recorded the highest quarterly PE ratio at 35.17.
How does the current PE ratio for DMLP compare to its historical average?
DMLP's current price to earnings ratio is 22% below its 10-year historical average.
How is DMLP's PE ratio calculated (Dorchester Minerals PE ratio formula)?
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Nov 21, 2024), Dorchester Minerals's stock price is $33.5. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $2.79. Therefore, Dorchester Minerals's P/E ratio for today is 12.01. PE RATIO(12.01) = STOCK PRICE($33.5) / TTM EPS($2.79)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.