The current price-to-earnings ratio for Magnolia Oil & Gas stock as of Jul 2, 2026 is 14.65. This is calculated based on the current EPS of $1.72 and the stock price of $25.2 per share. The PE ratio has increased by 4.4% from the past four quarters average of 14.0.
MGY PE ratio history
The average historical PE ratio of Magnolia Oil & Gas for the last nine years is 32.68. The current P/E ratio of 14.65 is 55% lower than the historical average. In the past nine years, MGY's PE ratio peaked in the Dec 2017 quarter at 487, when the stock price was $9.74 and the EPS was $0.02. The lowest point was in the Sep 2022 quarter, when it reached 4.55 with a price of $19.81 and an EPS of $4.35.
Magnolia Oil & Gas PE ratio by year
Maximum annual increase: 110.48% in 2023
Maximum annual decrease: -91.09% in 2019
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 12.65 | 4.98% | $21.89 | $1.73 |
| 2024 | 12.05 | 15.42% | $23.38 | $1.94 |
| 2023 | 10.44 | 110.48% | $21.29 | $2.04 |
| 2022 | 4.96 | -37.45% | $23.45 | $4.73 |
| 2021 | 7.93 | N/A | $18.87 | $2.38 |
| 2020 | N/A | N/A | $7.06 | -$7.27 |
| 2019 | 43.38 | -91.09% | $12.58 | $0.29 |
| 2017 | 487 | N/A | $9.74 | $0.02 |
Magnolia Oil & Gas PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 18.35 | 45.06% | $31.57 | $1.72 |
| Dec 2025 | 12.65 | -5.17% | $21.89 | $1.73 |
| Sep 2025 | 13.34 | 13.34% | $23.87 | $1.79 |
| Jun 2025 | 11.77 | -6.36% | $22.48 | $1.91 |
| Mar 2025 | 12.57 | 4.32% | $25.26 | $2.01 |
| Dec 2024 | 12.05 | -0.33% | $23.38 | $1.94 |
| Sep 2024 | 12.09 | -2.66% | $24.42 | $2.02 |
| Jun 2024 | 12.42 | -3.8% | $25.34 | $2.04 |
| Mar 2024 | 12.91 | 23.66% | $25.95 | $2.01 |
| Dec 2023 | 10.44 | 24.43% | $21.29 | $2.04 |
| Sep 2023 | 8.39 | 39.6% | $22.91 | $2.73 |
| Jun 2023 | 6.01 | 18.77% | $20.9 | $3.48 |
| Mar 2023 | 5.06 | 2.02% | $21.88 | $4.32 |
| Dec 2022 | 4.96 | 9.01% | $23.45 | $4.73 |
| Sep 2022 | 4.55 | -18.89% | $19.81 | $4.35 |
MGY Price vs fair value
MGY 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.
The current PE ratio of MGY is above the 3 and 5-year averages.
PE comparison
With a P/E of 14.65, MGY stands above the industry average but below the Energy sector average. In comparison with its Energy sector average of 16.23, Magnolia Oil & Gas's P/E is 10% lower.
MGY PE vs peers
MGY's PE ratio stands lower than its peer stock PR.
| Stock name | PE ratio | Market cap |
|---|---|---|
| MGY Magnolia Oil & Gas Corp | 14.65 | $4.66B |
| PR Permian Resources Corp | 20.22 | $15.24B |
Frequently asked questions
What is Magnolia Oil & Gas's PE ratio?
MGY stock has a price to earnings ratio of 14.65 as of Jul 2, 2026.
What is the 3-year average PE ratio for Magnolia Oil & Gas (MGY)?
The 3-year average price to earnings ratio for MGY stock is 12.45.
What is the 5-year average PE ratio for Magnolia Oil & Gas (MGY)?
The 5-year average price to earnings ratio for MGY stock is 9.99.
What is the highest PE ratio for MGY?
The highest quarterly PE ratio in the last nine years has been 487 and it was in the Dec 2017 quarter.
How does the current PE ratio for MGY compare to its historical average?
The current price to earnings ratio of MGY is 55% lower than the 9-year historical average.
How is MGY's PE ratio calculated (Magnolia Oil & Gas PE ratio formula)?
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Jul 2, 2026), Magnolia Oil & Gas's stock price is $25.2. The earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $1.72. Therefore, Magnolia Oil & Gas's PE ratio for today is 14.65. PE RATIO(14.65) = STOCK PRICE($25.2) / TTM EPS($1.72)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.