BSM Black Stone Minerals PE ratio, current and historical analysis
The current PE ratio for Black Stone Minerals stock as of Nov 21, 2024 is 9.3. This is calculated based on the current EPS of $1.65 and the stock price of $15.35 per share. The PE ratio has decreased by 2.3% from the past four quarters average of 9.5.
BSM PE ratio history
The average historical PE ratio of Black Stone Minerals for the last nine years is 40.59. The current P/E ratio of 9.3 is 77% lower than the historical average. In the past nine 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.
Black Stone Minerals PE ratio by year
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 average PE ratio chart
BSM's current P/E ratio is lower than the 3 and 5-year averages.
BSM PE vs peers
BSM's PE ratio stands lower than its peer stocks FANG and EQT.
| Stock name | PE ratio | Market cap |
|---|---|---|
| BSM Black Stone Minerals LP | 9.3 | $3.46B |
| FANG Diamondback Energy Inc | 10.46 | $53.35B |
| EQT EQT Corp | 49.88 | $27.98B |
Frequently asked questions
What is Black Stone Minerals's PE ratio?
As of Nov 21, 2024, BSM stock has a price to earnings ratio of 9.3.
What is the 3-year average PE ratio for Black Stone Minerals (BSM)?
As an average over the last 3 years, BSM stock has a PE ratio of 9.91.
What is the 5-year average PE ratio for Black Stone Minerals (BSM)?
As an average over the last 5 years, BSM stock has a PE ratio of 14.76.
What is the highest PE ratio for BSM?
In the last nine years, the Jun 2016 quarter recorded the highest quarterly PE ratio at 775.
How does the current PE ratio for BSM compare to its historical average?
The current price to earnings ratio of BSM is 77% lower than the 9-year historical average.
Why is Black Stone Minerals's PE ratio so low?
BSM's PE ratio of 9.3 is considered low because the company's stock price is trading at a lower multiple of earnings.
How is BSM's PE ratio calculated (Black Stone Minerals PE ratio formula)?
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Nov 21, 2024), Black Stone Minerals's stock price is $15.35. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $1.65. Therefore, Black Stone Minerals's PE ratio for today is 9.3. PE RATIO(9.3) = STOCK PRICE($15.35) / TTM EPS($1.65)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.