KRP Kimbell Royalty Partners PE ratio, current and historical analysis
The PE ratio for Kimbell Royalty Partners stock stands at 32.08 as of Nov 21, 2024. This results from the current EPS of $0.5 and stock price of $16.04. An increase of 19% has been seen in the P/E ratio compared to the average of 27.0 of the last 4 quarters.
KRP PE ratio history
Over the last seven years, the average PE ratio of Kimbell Royalty Partners has been 29.77. The current 32.08 PE ratio is 8% above the historical average. Over the past seven years, KRP's PE ratio was at its highest in the Dec 2017 quarter at 147.73, with a price of $16.25 and an EPS of $0.11. The Mar 2023 quarter recorded the bottom point at 6.89, with a price of $15.23 and an EPS of $2.21.
Kimbell Royalty Partners PE ratio by year
Maximum annual increase: 69.6% in 2023
Maximum annual decrease: -60.81% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 16.18 | 69.6% |
| 2022 | 9.54 | -60.81% |
| 2021 | 24.34 | N/A |
| 2020 | N/A | N/A |
| 2019 | N/A | N/A |
| 2018 | N/A | N/A |
| 2017 | 147.73 | N/A |
| 2016 | N/A | N/A |
| 2015 | N/A | N/A |
| 2014 | N/A | N/A |
KRP average PE ratio chart
Currently, KRP's PE ratio is greater than its 3 and 5-year historical averages.
KRP PE vs peers
KRP's PE ratio is higher than its peer stock PR.
| Stock name | PE ratio | Market cap |
|---|---|---|
| PR Permian Resources Corp | 8.6 | $12.85B |
| KRP Kimbell Royalty Partners LP | 32.08 | $1.53B |
Frequently asked questions
What is Kimbell Royalty Partners's PE ratio?
As of Nov 21, 2024, KRP stock has a price to earnings ratio of 32.08.
What is the 3-year average PE ratio for Kimbell Royalty Partners (KRP)?
The average PE ratio for KRP stock over the past 3 years is 19.94.
What is the 5-year average PE ratio for Kimbell Royalty Partners (KRP)?
The average PE ratio for KRP stock over the past 5 years is 19.94.
What is the highest PE ratio for KRP?
In the last seven years, the Dec 2017 quarter recorded the highest quarterly PE ratio at 147.73.
How does the current PE ratio for KRP compare to its historical average?
KRP's price to earnings ratio is currently 8% above its 7-year historical average.
How is KRP's PE ratio calculated (Kimbell Royalty Partners PE ratio formula)?
You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Nov 21, 2024), Kimbell Royalty Partners's stock price is $16.04. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $0.5. Therefore, Kimbell Royalty Partners's P/E ratio for today is 32.08. PE RATIO(32.08) = STOCK PRICE($16.04) / TTM EPS($0.5)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.