The current PE ratio for Black Stone Minerals stock as of Dec 20, 2024 is 8.48. This is calculated based on the current EPS of $1.65 and the stock price of $14 per share. The PE ratio has decreased by 11% from the past four quarters average of 9.5.
The average historical PE ratio of Black Stone Minerals for the last nine years is 40.59. The current P/E ratio of 8.48 is 79% 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.
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 | 8.48 | $3.16B |
FANG Diamondback Energy Inc | 8.87 | $45.24B |
EQT EQT Corp | 45.73 | $25.65B |
As of Dec 20, 2024, BSM stock has a price to earnings ratio of 8.48.
As an average over the last 3 years, BSM stock has a PE ratio of 9.91.
As an average over the last 5 years, BSM stock has a PE ratio of 14.76.
In the last nine years, the Jun 2016 quarter recorded the highest quarterly PE ratio at 775.
The current price to earnings ratio of BSM is 79% lower than the 9-year historical average.
BSM's PE ratio of 8.48 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 (Dec 20, 2024), Black Stone Minerals's stock price is $14. 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 8.48. PE RATIO(8.48) = STOCK PRICE($14) / TTM EPS($1.65)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.