The current PE ratio for Viper Energy Partners stock as of Nov 21, 2024 is 23.47. This is calculated based on the TTM EPS of $2.33 and the stock price of $54.69 per share. The PE ratio marks an increase of 62% from its last 4 quarters average of 14.5.
The average historical PE ratio of Viper Energy Partners for the last ten years is 25.08. The current price-to-earnings ratio of 23.47 is 6% less than the historical average. Analyzing the last ten years, VNOM's PE ratio reached its highest point in the Dec 2014 quarter at 62.52, when the price was $18.13 and the EPS was $0.29. The lowest point was recorded in the Dec 2023 quarter, when it reached 11.67 with a price of $31.38 and an EPS of $2.69.
Maximum annual increase: 153.7% in 2019
Maximum annual decrease: -40.55% in 2018
Year | PE ratio | Change |
---|---|---|
2023 | 11.67 | -26.6% |
2022 | 15.9 | -36.58% |
2021 | 25.07 | N/A |
2020 | N/A | N/A |
2019 | 32.88 | 153.7% |
2018 | 12.96 | -40.55% |
2017 | 21.8 | N/A |
2016 | N/A | N/A |
2015 | 45.03 | -27.98% |
2014 | 62.52 | N/A |
VNOM's current PE ratio is higher than the 3 and 5-year averages, but it is under its 10-year average.
VNOM's PE ratio is less than its peer stocks EPM and PHX, but it is above OXY's.
Stock name | PE ratio | Market cap |
---|---|---|
OXY Occidental Petroleum Corp | 12.57 | $48.36B |
VNOM Viper Energy Partners LP | 23.47 | $10.3B |
PHX Phx Minerals Inc | 28.77 | $140.18M |
EPM Evolution Petroleum Corp | 47 | $205.27M |
VNOM's price to earnings ratio is 23.47 as of Nov 21, 2024.
Over the last 3 years, the average PE ratio for VNOM stock is 16.02.
Over the last 5 years, the average PE ratio for VNOM stock is 17.31.
Over the last ten years, the Dec 2014 quarter recorded the highest quarterly PE ratio at 62.52.
The current PE ratio of VNOM is 6% lower than the 10-year historical average.
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), Viper Energy Partners's share price is $54.69. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $2.33. Therefore, Viper Energy Partners's price to earnings ratio for today is 23.47. PE RATIO(23.47) = STOCK PRICE($54.69) / TTM EPS($2.33)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.