PR Permian Resources PE ratio, current and historical analysis
As of Nov 21, 2024, the Permian Resources stock's P/E ratio is 8.6. This takes into account the latest EPS of $1.86 and stock price of $15.99. The PE ratio has decreased by 19% from its last 4 quarters average of 10.6.
PR PE ratio history
The PE ratio of Permian Resources has averaged 41.12 over the last eight years. The current price-to-earnings ratio of 8.6 is 79% less than the historical average. Analyzing the last eight years, PR's PE ratio reached its highest point in the Jun 2017 quarter at 395.5, when the price was $15.82 and the EPS was $0.04. The lowest point was recorded in the Sep 2022 quarter, when it reached 3.27 with a price of $6.8 and an EPS of $2.08.
Permian Resources PE ratio by year
Maximum annual increase: 431.03% in 2019
Maximum annual decrease: -76.57% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 10 | 91.57% |
| 2022 | 5.22 | -57.21% |
| 2021 | 12.2 | N/A |
| 2020 | N/A | N/A |
| 2019 | 77 | 431.03% |
| 2018 | 14.5 | -76.57% |
| 2017 | 61.88 | N/A |
| 2015 | N/A | N/A |
| 2014 | N/A | N/A |
| 2013 | N/A | N/A |
PR average PE ratio chart
PR's current PE ratio is under its 3 and 5-year averages.
Frequently asked questions
What is Permian Resources's PE ratio?
As of Nov 21, 2024, PR stock has a price to earnings ratio of 8.6.
What is the 3-year average PE ratio for Permian Resources (PR)?
As an average over the last 3 years, PR stock has a PE ratio of 8.72.
What is the 5-year average PE ratio for Permian Resources (PR)?
As an average over the last 5 years, PR stock has a PE ratio of 13.97.
What is the highest PE ratio for PR?
Over the last eight years, the quarterly PE ratio reached its highest level at 395.5 in the Jun 2017 quarter.
How does the current PE ratio for PR compare to its historical average?
PR's price to earnings ratio is currently 79% below its 8-year historical average.
Why is Permian Resources's PE ratio so low?
PR's PE ratio is low because the stock price is relatively cheap compared to the earnings generated by the company.
How is PR's PE ratio calculated (Permian Resources PE ratio formula)?
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months earnings per share(EPS). As of today (Nov 21, 2024), Permian Resources's share price is $15.99. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $1.86. Therefore, Permian Resources's price to earnings ratio for today is 8.6. PE RATIO(8.6) = STOCK PRICE($15.99) / TTM EPS($1.86)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.