FANG
Diamondback Energy
PE ratio, current and historical analysis
- Stocks
- Energy
- NASDAQ: FANG
- PE Ratio
The PE ratio for Diamondback Energy stock stands at 38.49 as of Aug 14, 2026. This takes into account the latest EPS of $5.26 and stock price of $202.47. A decrease of 43% has been observed in the PE ratio compared to its average of 67.4 of the past four quarters.
FANG PE ratio history
Over the last ten years, the average PE ratio of Diamondback Energy has been 22.84. The current 38.49 price-to-earnings ratio is 69% more than the historical average. Analyzing the last ten years, FANG's PE ratio reached its highest point in the Mar 2026 quarter at 199.79, with a price of $197.79 and an EPS of $0.99. The Sep 2022 quarter saw the lowest point at 4.9, with a price of $120.46 and an EPS of $24.58.
Diamondback Energy PE ratio by year
Maximum annual increase: 451.22% in 2019
Maximum annual decrease: -59.96% in 2014
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 26.24 | 148.72% | $150.33 | $5.73 |
| 2024 | 10.55 | 18.01% | $163.83 | $15.53 |
| 2023 | 8.94 | 60.79% | $155.08 | $17.34 |
| 2022 | 5.56 | -36.89% | $136.78 | $24.61 |
| 2021 | 8.81 | N/A | $107.85 | $12.24 |
| 2020 | N/A | N/A | $48.4 | -$28.61 |
| 2019 | 63.17 | 451.22% | $92.86 | $1.47 |
| 2018 | 11.46 | -55.08% | $92.7 | $8.09 |
| 2017 | 25.51 | N/A | $126.25 | $4.95 |
| 2016 | N/A | N/A | $101.06 | -$2.2 |
| 2015 | N/A | N/A | $66.9 | -$8.74 |
| 2014 | 16.29 | -59.96% | $59.78 | $3.67 |
| 2013 | 40.68 | 27.64% | $52.88 | $1.3 |
| 2012 | 31.87 | N/A | $19.12 | $0.6 |
| 2011 | N/A | N/A | N/A | N/A |
Diamondback Energy PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Jun 2026 | 33.42 | -83.27% | $175.78 | $5.26 |
| Mar 2026 | 199.79 | 661.39% | $197.79 | $0.99 |
| Dec 2025 | 26.24 | 161.35% | $150.33 | $5.73 |
| Sep 2025 | 10.04 | 1.83% | $143.1 | $14.25 |
| Jun 2025 | 9.86 | 0% | $137.4 | $13.93 |
| Mar 2025 | 9.86 | -6.54% | $159.88 | $16.21 |
| Dec 2024 | 10.55 | 6.89% | $163.83 | $15.53 |
| Sep 2024 | 9.87 | -4.64% | $172.4 | $17.46 |
| Jun 2024 | 10.35 | -7.42% | $200.19 | $19.34 |
| Mar 2024 | 11.18 | 25.06% | $198.17 | $17.73 |
| Dec 2023 | 8.94 | 1.71% | $155.08 | $17.34 |
| Sep 2023 | 8.79 | 28.89% | $154.88 | $17.62 |
| Jun 2023 | 6.82 | 21.79% | $131.36 | $19.27 |
| Mar 2023 | 5.6 | 0.72% | $135.17 | $24.15 |
| Dec 2022 | 5.56 | 13.47% | $136.78 | $24.61 |
FANG Price vs fair value
FANG average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
FANG's current PE ratio is higher than the 3, 5 and 10-year averages.
PE comparison
Diamondback Energy's price to earnings (P/E) of 38.49 is higher than the Energy sector and the industry average. Looking at the Energy sector average of 16.41, Diamondback Energy's price to earnings (P/E) is 135% higher.
FANG PE vs peers
Frequently asked questions
What is Diamondback Energy's PE ratio?
The price to earnings ratio for FANG stock as of Aug 14, 2026, stands at 38.49.
What is the 3-year average PE ratio for Diamondback Energy (FANG)?
The 3-year average PE ratio for FANG stock is 29.07.
What is the 5-year average PE ratio for Diamondback Energy (FANG)?
The 5-year average PE ratio for FANG stock is 22.27.
What is the highest PE ratio for FANG?
The highest quarterly PE ratio in the last ten years has been 199.79 and it was in the Mar 2026 quarter.
How does the current PE ratio for FANG compare to its historical average?
FANG's price to earnings ratio is currently 69% above its 10-year historical average.
How is FANG's PE ratio calculated (Diamondback Energy PE ratio formula)?
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Aug 14, 2026), Diamondback Energy's share price is $202.47. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2026 is $5.26. Therefore, Diamondback Energy's price to earnings ratio for today is 38.49. PE RATIO(38.49) = STOCK PRICE($202.47) / TTM EPS($5.26)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.