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FANG Diamondback Energy PE ratio, current and historical analysis

The PE ratio for Diamondback Energy stock stands at 10.65 as of Jun 18, 2024. This takes into account the latest EPS of $17.73 and stock price of $188.87. An increase of 19% has been observed in the PE ratio compared to its average of 8.9 of the past four quarters.

FANG PE ratio history

How has FANG's PE ratio performed in the past

Over the last ten years, the average PE ratio of Diamondback Energy has been 19.59. The current 10.65 price-to-earnings ratio is 46% less than the historical average. Analyzing the last ten years, FANG's PE ratio reached its highest point in the Dec 2019 quarter at 63.17, with a price of $92.86 and an EPS of $1.47. The Sep 2022 quarter saw the lowest point at 4.9, with a price of $120.46 and an EPS of $24.58.

Average
19.59
Median
15.97
Minimum
4.9
Maximum
63.17

Diamondback Energy PE ratio by year

Maximum annual increase: 451.22% in 2019

Maximum annual decrease: -59.96% in 2014

Year PE ratio Change
2023 8.94 60.79%
2022 5.56 -36.89%
2021 8.81 N/A
2020 N/A N/A
2019 63.17 451.22%
2018 11.46 -55.08%
2017 25.51 N/A
2016 N/A N/A
2015 N/A N/A
2014 16.29 -59.96%

FANG average PE ratio chart

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

FANG's current PE ratio is under its 3, 5 and 10-year averages.

3-year avg
11.4
5-year avg
15.59
10-year avg
19.59
15-year avg
N/A

FANG PE vs peers

What is FANG's PE ratio compared to its peers

When compared to its peers COP and OXY, FANG's PE ratio is lower, but it is higher than CHK's. Diamondback Energy's PE ratio is trading below the peer average of 12.92.

Stock name PE ratio Market cap
CHK Chesapeake Energy Corp 10.48 $11B
FANG Diamondback Energy Inc 10.65 $33.68B
COP Conocophillips 12.36 $127.96B
VNOM Viper Energy Partners LP 13.34 $6.42B
OXY Occidental Petroleum Corp 15.51 $54.32B

Frequently asked questions

What is Diamondback Energy's PE ratio?

The price to earnings ratio for FANG stock as of Jun 18, 2024, stands at 10.65.

What is the 3-year average PE ratio for Diamondback Energy (FANG)?

The 3-year average PE ratio for FANG stock is 11.4.

What is the 5-year average PE ratio for Diamondback Energy (FANG)?

The 5-year average PE ratio for FANG stock is 15.59.

What is the highest PE ratio for FANG?

The highest quarterly PE ratio in the last ten years has been 63.17 and it was in the Dec 2019 quarter.

How does the current PE ratio for FANG compare to its historical average?

FANG's price to earnings ratio is currently 46% below 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 (Jun 18, 2024), Diamondback Energy's share price is $188.87. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $17.73. Therefore, Diamondback Energy's price to earnings ratio for today is 10.65. PE RATIO(10.65) = STOCK PRICE($188.87) / TTM EPS($17.73)

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