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DMLP Dorchester Minerals PE ratio, current and historical analysis

The PE ratio for Dorchester Minerals stock stands at 11.88 as of Jun 20, 2024. This is based on the current EPS of $2.58 and the stock price of $30.65 per share. An increase of 3.5% has been recorded in the P/E ratio compared to the average of 11.5 of the last 4 quarters.

DMLP PE ratio history

How has DMLP's PE ratio performed in the past

Over the last ten years, the average PE ratio of Dorchester Minerals has been 15.77. The current 11.88 PE ratio is 25% 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.

Average
15.77
Median
13.11
Minimum
7
Maximum
35.17

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

What is the average PE ratio of DMLP for the past years

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.

3-year avg
10.74
5-year avg
11.76
10-year avg
15.77
15-year avg
17.66

DMLP PE vs peers

What is DMLP's PE ratio compared to its peers

DMLP's PE ratio is lower than its peer stocks PBT and PHX.

Stock name PE ratio Market cap
DMLP Dorchester Minerals Lp 11.88 $1.23B
PBT Permian Basin Royalty Trust 17.92 $517.82M
PHX Phx Minerals Inc 28.45 $117.25M

Frequently asked questions

What is Dorchester Minerals's PE ratio?

DMLP stock has a price to earnings ratio of 11.88 as of Jun 20, 2024.

What is the 3-year average PE ratio for Dorchester Minerals (DMLP)?

The 3-year average PE ratio for DMLP stock is 10.74.

What is the 5-year average PE ratio for Dorchester Minerals (DMLP)?

The 5-year average PE ratio for DMLP stock is 11.76.

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 25% 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 (Jun 20, 2024), Dorchester Minerals's stock price is $30.65. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $2.58. Therefore, Dorchester Minerals's P/E ratio for today is 11.88. PE RATIO(11.88) = STOCK PRICE($30.65) / TTM EPS($2.58)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.