The current PE ratio for Black Stone Minerals stock as of Apr 26, 2024 is 8.43. This is calculated based on the current EPS of $1.91 and the stock price of $16.1 per share. The PE ratio marks an increase of 19% from the past four quarters average of 7.1.
The average historical PE ratio of Black Stone Minerals for the last eight years is 43.66. The current P/E ratio of 8.43 is 81% lower than the historical average. In the past eight years, BSM's PE ratio peaked in the Jun 2016 quarter at 775, when the stock price was $15.5 and the EPS was $0.02. The lowest point was in the Mar 2020 quarter, when it reached 3.74 with a price of $4.68 and an EPS of $1.25.
Maximum annual increase: 18.77% in 2019
Maximum annual decrease: -75.41% in 2017
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 8.36 | 8.01% |
| 2022 | 7.74 | -42.32% |
| 2021 | 13.42 | -1.54% |
| 2020 | 13.63 | 8.26% |
| 2019 | 12.59 | 18.77% |
| 2018 | 10.6 | -40.32% |
| 2017 | 17.76 | -75.41% |
| 2016 | 72.23 | N/A |
| 2015 | N/A | N/A |
| 2014 | N/A | N/A |
BSM's current P/E ratio is lower than the 3 and 5-year averages.
BSM's PE ratio stands lower than its peer stocks FANG and EQT.
| Stock name | PE ratio | Market cap |
|---|---|---|
| BSM Black Stone Minerals LP | 8.43 | $3.62B |
| FANG Diamondback Energy Inc | 11.98 | $37.07B |
| EQT EQT Corp | 27.26 | $17.93B |
As of Apr 26, 2024, BSM stock has a price to earnings ratio of 8.43.
As an average over the last 3 years, BSM stock has a PE ratio of 15.32.
As an average over the last 5 years, BSM stock has a PE ratio of 14.98.
In the last eight years, the Jun 2016 quarter recorded the highest quarterly PE ratio at 775.
The current price to earnings ratio of BSM is 81% lower than the 8-year historical average.
BSM's PE ratio of 8.43 is considered low because the company's stock price is trading at a lower multiple of earnings.
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Apr 26, 2024), Black Stone Minerals's stock price is $16.1. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $1.91. Therefore, Black Stone Minerals's PE ratio for today is 8.43. PE RATIO(8.43) = STOCK PRICE($16.1) / TTM EPS($1.91)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.