FANG
Diamondback Energy
PE ratio, current and historical analysis
- Stocks
- Energy
- NASDAQ: FANG
- PE Ratio
The PE ratio for Diamondback Energy stock stands at 206.75 as of Jul 24, 2026. This takes into account the latest EPS of $0.99 and stock price of $204.68. An increase of 236% has been observed in the PE ratio compared to its average of 61.5 of the past four quarters.
FANG PE ratio history
Over the last ten years, the average PE ratio of Diamondback Energy has been 22.49. The current 206.75 price-to-earnings ratio is 819% 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 |
|---|---|---|---|---|
| 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 |
| Sep 2022 | 4.9 | -13.43% | $120.46 | $24.58 |
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 206.75 is higher than the Energy sector and the industry average.
FANG PE vs peers
When compared to its peer stocks COP and OXY, FANG's PE ratio is higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| EXE Expand Energy Corp. | 6.76 | $21.89B |
| OXY Occidental Petroleum Corp | 14.15 | $56.99B |
| COP Conocophillips | 20.38 | $146.51B |
| FANG Diamondback Energy Inc | 206.75 | $57.58B |
| VNOM Viper Energy Partners LP | N/A | $16.2B |
| KOS Kosmos Energy Ltd | N/A | $1.56B |
Frequently asked questions
What is Diamondback Energy's PE ratio?
The price to earnings ratio for FANG stock as of Jul 24, 2026, stands at 206.75.
What is the 3-year average PE ratio for Diamondback Energy (FANG)?
The 3-year average PE ratio for FANG stock is 28.68.
What is the 5-year average PE ratio for Diamondback Energy (FANG)?
The 5-year average PE ratio for FANG stock is 21.68.
What is the highest PE ratio for FANG?
The current PE of 206.75 represents the highest historical value in the last ten years.
How does the current PE ratio for FANG compare to its historical average?
FANG's price to earnings ratio is currently 819% above its 10-year historical average.
Why is Diamondback Energy's PE ratio so high?
A company with a higher PE ratio may indicate that the market has higher growth expectations for the company's future earnings or profitability.
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 (Jul 24, 2026), Diamondback Energy's share price is $204.68. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $0.99. Therefore, Diamondback Energy's price to earnings ratio for today is 206.75. PE RATIO(206.75) = STOCK PRICE($204.68) / TTM EPS($0.99)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.