BSM
Black Stone Minerals L P
PE ratio, current and historical analysis
The current PE ratio for Black Stone Minerals L P stock as of Aug 14, 2026 is 11.87. This is calculated based on the current EPS of $1.21 and the stock price of $14.36 per share. The PE ratio marks an increase of 5% from the past four quarters average of 11.3.
BSM PE ratio history
The average historical PE ratio of Black Stone Minerals L P for the last ten years is 16.66. The current P/E ratio of 11.87 is 29% lower than the historical average. In the past ten years, BSM's PE ratio peaked in the Dec 2016 quarter at 72.23, when the stock price was $18.78 and the EPS was $0.26. 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 L P PE ratio by year
Maximum annual increase: 51.91% in 2024
Maximum annual decrease: -75.41% in 2017
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 10.38 | -18.27% | $13.29 | $1.28 |
| 2024 | 12.7 | 51.91% | $14.6 | $1.15 |
| 2023 | 8.36 | 8.01% | $15.96 | $1.91 |
| 2022 | 7.74 | -42.32% | $16.87 | $2.18 |
| 2021 | 13.42 | -1.54% | $10.33 | $0.77 |
| 2020 | 13.63 | 8.26% | $6.68 | $0.49 |
| 2019 | 12.59 | 18.77% | $12.72 | $1.01 |
| 2018 | 10.6 | -40.32% | $15.48 | $1.46 |
| 2017 | 17.76 | -75.41% | $17.94 | $1.01 |
| 2016 | 72.23 | N/A | $18.78 | $0.26 |
| 2015 | N/A | N/A | $14.43 | -$0.56 |
| 2014 | N/A | N/A | N/A | $0.07 |
| 2013 | N/A | N/A | N/A | $0.07 |
Black Stone Minerals L P PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Jun 2026 | 11.55 | -3.02% | $13.97 | $1.21 |
| Mar 2026 | 11.91 | 14.74% | $15.12 | $1.27 |
| Dec 2025 | 10.38 | -8.38% | $13.29 | $1.28 |
| Sep 2025 | 11.33 | 1.34% | $13.14 | $1.16 |
| Jun 2025 | 11.18 | -31.91% | $13.08 | $1.17 |
| Mar 2025 | 16.42 | 29.29% | $15.27 | $0.93 |
| Dec 2024 | 12.7 | 38.8% | $14.6 | $1.15 |
| Sep 2024 | 9.15 | -11.85% | $15.1 | $1.65 |
| Jun 2024 | 10.38 | 1.96% | $15.67 | $1.51 |
| Mar 2024 | 10.18 | 21.77% | $15.98 | $1.57 |
| Dec 2023 | 8.36 | 1.46% | $15.96 | $1.91 |
| Sep 2023 | 8.24 | 34.42% | $17.23 | $2.09 |
| Jun 2023 | 6.13 | 11.25% | $15.95 | $2.6 |
| Mar 2023 | 5.51 | -28.81% | $15.69 | $2.85 |
| Dec 2022 | 7.74 | -4.09% | $16.87 | $2.18 |
BSM Price vs fair value
BSM average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
BSM's current P/E ratio is above the 3-year average, but it is lower than the 5 and 10-year averages.
PE comparison
With a P/E of 11.87, BSM stands below the Energy sector and the industry average. In comparison with its Energy sector average of 16.41, Black Stone Minerals L P's P/E is 28% lower.
BSM PE vs peers
Frequently asked questions
What is Black Stone Minerals L P's PE ratio?
As of Aug 14, 2026, BSM stock has a price to earnings ratio of 11.87.
What is the 3-year average PE ratio for Black Stone Minerals L P (BSM)?
As an average over the last 3 years, BSM stock has a PE ratio of 10.98.
What is the 5-year average PE ratio for Black Stone Minerals L P (BSM)?
As an average over the last 5 years, BSM stock has a PE ratio of 12.45.
What is the highest PE ratio for BSM?
In the last ten years, the Dec 2016 quarter recorded the highest quarterly PE ratio at 72.23.
How does the current PE ratio for BSM compare to its historical average?
The current price to earnings ratio of BSM is 29% lower than the 10-year historical average.
How is BSM's PE ratio calculated (Black Stone Minerals L P 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 (Aug 14, 2026), Black Stone Minerals L P's stock price is $14.36. The earnings per share for the trailing twelve months (TTM) ending Jun 2026 is $1.21. Therefore, Black Stone Minerals L P's PE ratio for today is 11.87. PE RATIO(11.87) = STOCK PRICE($14.36) / TTM EPS($1.21)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.