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KRP Kimbell Royalty Partners PE ratio, current and historical analysis

The PE ratio for Kimbell Royalty Partners stock stands at 27.2 as of May 17, 2024. This results from the current EPS of $0.61 and stock price of $16.59. An increase of 75% has been seen in the P/E ratio compared to the average of 15.5 of the last 4 quarters.

KRP PE ratio history

How has KRP's PE ratio performed in the past

Over the last seven years, the average PE ratio of Kimbell Royalty Partners has been 29.16. The current 27.2 PE ratio is 7% below 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.

Average
29.16
Median
15.84
Minimum
6.89
Maximum
147.73

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

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

Currently, KRP's PE ratio is greater than its 3 and 5-year historical averages.

3-year avg
17.31
5-year avg
17.31
10-year avg
N/A
15-year avg
N/A

KRP PE vs peers

What is KRP's PE ratio compared to its peers

KRP's PE ratio is higher than its peer stock PR.

Stock name PE ratio Market cap
PR Permian Resources Corp 12.71 $12.62B
KRP Kimbell Royalty Partners LP 27.2 $1.58B

Frequently asked questions

What is Kimbell Royalty Partners's PE ratio?

As of May 17, 2024, KRP stock has a price to earnings ratio of 27.2.

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 17.31.

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 17.31.

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 7% below 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 (May 17, 2024), Kimbell Royalty Partners's stock price is $16.59. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $0.61. Therefore, Kimbell Royalty Partners's P/E ratio for today is 27.2. PE RATIO(27.2) = STOCK PRICE($16.59) / TTM EPS($0.61)

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