The current PE ratio for Viper Energy Partners stock as of May 6, 2024 is 13.77. This is calculated based on the TTM EPS of $2.72 and the stock price of $37.46 per share. The PE ratio marks an increase of 10% from its last 4 quarters average of 12.5.
The average historical PE ratio of Viper Energy Partners for the last ten years is 27.78. The current price-to-earnings ratio of 13.77 is 50% less than the historical average. Analyzing the last ten years, VNOM's PE ratio reached its highest point in the Sep 2014 quarter at 82.96, when the price was $23.23 and the EPS was N/A. 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 under its 3 and 5-year averages.
VNOM's PE ratio is less than its peer stock OXY, but it is above EPM's and PHX's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| PHX Phx Minerals Inc | 8.94 | $130.47M |
| EPM Evolution Petroleum Corp | 11.22 | $187.69M |
| VNOM Viper Energy Partners LP | 13.9 | $6.69B |
| OXY Occidental Petroleum Corp | 15.48 | $57.44B |
VNOM's price to earnings ratio is 13.77 as of May 6, 2024.
Over the last 3 years, the average PE ratio for VNOM stock is 16.0.
Over the last 5 years, the average PE ratio for VNOM stock is 19.86.
Over the last ten years, the Sep 2014 quarter recorded the highest quarterly PE ratio at 82.96.
The current PE ratio of VNOM is 50% 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 (May 6, 2024), Viper Energy Partners's share price is $37.46. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $2.72. Therefore, Viper Energy Partners's price to earnings ratio for today is 13.77. PE RATIO(13.77) = STOCK PRICE($37.46) / TTM EPS($2.72)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.