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GRNT Granite Ridge Resources PE ratio, current and historical analysis

The PE ratio for Granite Ridge Resources stock stands at 64.67 as of Jun 5, 2025. This is based on the current EPS of $0.09 and the stock price of $5.82 per share. An increase of 78% has been recorded in the P/E ratio compared to the average of 36.3 of the last 4 quarters.

GRNT PE ratio history

How has GRNT's PE ratio performed in the past

Over the last five years, the average PE ratio of Granite Ridge Resources has been 19.0. The current 64.67 PE ratio is comparable to the historical average. In the past five years, GRNT's PE ratio was at its highest in the Mar 2025 quarter at 67.56, with a price of $6.08 and an EPS of $0.09. The Mar 2023 quarter recorded the bottom point at 2.94, with a price of $5.87 and an EPS of $2.

Today
65.61
Average
19
Median
13.2
Minimum
2.94
Maximum
67.56

Granite Ridge Resources PE ratio by year

Maximum annual increase: 367.48% in 2024

Maximum annual decrease: -61.71% in 2022

Year PE ratio PE change Price EPS
2024 46.14 367.48% $6.46 $0.14
2023 9.87 115.5% $6.02 $0.61
2022 4.58 -61.71% $9.03 $1.97
2021 11.96 N/A $9.81 $0.82
2020 N/A N/A $10.01 -$0.18
2019 N/A N/A N/A N/A

Granite Ridge Resources PE ratio by quarter (TTM)

Year PE ratio PE change Price EPS
Mar 2025 67.56 46.42% $6.08 $0.09
Dec 2024 46.14 179.64% $6.46 $0.14
Sep 2024 16.5 9.49% $5.94 $0.36
Jun 2024 15.07 4.36% $6.33 $0.42
Mar 2024 14.44 46.3% $6.5 $0.45
Dec 2023 9.87 45.58% $6.02 $0.61
Sep 2023 6.78 40.08% $6.1 $0.9
Jun 2023 4.84 64.63% $6.63 $1.37
Mar 2023 2.94 -35.81% $5.87 $2
Dec 2022 4.58 7.01% $9.03 $1.97
Sep 2022 4.28 -25.04% $9.98 $2.33
Jun 2022 5.71 -66.96% $9.99 $1.75
Mar 2022 17.28 44.48% $9.85 $0.57
Dec 2021 11.96 N/A $9.81 $0.82
Sep 2021 N/A N/A $9.82 $0

GRNT Price vs fair value

How does GRNT's price compare to its estimated fair value based on its growth

GRNT average PE ratio chart

What is the average PE ratio of GRNT for the past years

Currently, GRNT's PE ratio is greater than its 3-year historical average.

3-year avg
16.56
5-year avg
N/A
10-year avg
N/A
15-year avg
N/A

GRNT PE vs peers

What is GRNT's PE ratio compared to its peers

Compared to its peer stock PR, GRNT's PE ratio stands higher.

Stock name PE ratio Market cap
PR Permian Resources Corp 7.94 $10.86B
GRNT Granite Ridge Resources Inc 65.61 $774.22M

Frequently asked questions

What is Granite Ridge Resources's PE ratio?

GRNT's price to earnings ratio is 64.67 as of Jun 5, 2025.

What is the 3-year average PE ratio for Granite Ridge Resources (GRNT)?

As an average over the last 3 years, GRNT stock has a PE ratio of 16.56.

What is the highest PE ratio for GRNT?

In the last five years, the Mar 2025 quarter recorded the highest quarterly PE ratio at 67.56.

How does the current PE ratio for GRNT compare to its historical average?

GRNT's current price to earnings ratio is 240% above its 5-year historical average.

How is GRNT's PE ratio calculated (Granite Ridge Resources PE ratio formula)?

The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Jun 5, 2025), Granite Ridge Resources's stock price is $5.82. The earnings per share for the trailing twelve months (TTM) ending Mar 2025 is $0.09. Therefore, Granite Ridge Resources's P/E ratio for today is 64.67. PE RATIO(64.67) = STOCK PRICE($5.82) / TTM EPS($0.09)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.