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MUR Murphy Oil PE ratio, current and historical analysis

As at Jun 14, 2024, the MUR stock has a price-to-earnings ratio of 10.58. This is based on the current EPS of $3.62 and the stock price of $38.3 per share. An increase of 12% has been recorded in the PE ratio compared to the average of 9.5 of the past four quarters.

MUR PE ratio history

How has MUR's PE ratio performed in the past

The mean historical PE ratio of Murphy Oil over the last ten years is 25.31. The current 10.58 price-to-earnings ratio is 58% less than the historical average. In the past ten years, MUR's PE ratio reached its highest point in the Sep 2018 quarter at 303.09, with a price of $33.34 and an EPS of $0.11. The Mar 2020 quarter saw the lowest point at 1.41, with a price of $6.13 and an EPS of $4.34.

Average
25.31
Median
9.91
Minimum
1.41
Maximum
303.09

Murphy Oil PE ratio by year

Maximum annual increase: 44.86% in 2023

Maximum annual decrease: -61.14% in 2019

Year PE ratio Change
2023 10.01 44.86%
2022 6.91 N/A
2021 N/A N/A
2020 N/A N/A
2019 3.82 -61.14%
2018 9.83 N/A
2017 N/A N/A
2016 N/A N/A
2015 N/A N/A
2014 9.98 -8.02%

MUR average PE ratio chart

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

The current PE ratio of MUR is lower than the 3, 5 and 10-year averages.

3-year avg
14.05
5-year avg
11.09
10-year avg
25.31
15-year avg
19.13

MUR PE vs peers

What is MUR's PE ratio compared to its peers

MUR's PE ratio is less than its peer stocks XOM and CVX, but it is above BP's and VLO's. Murphy Oil is presently trading at a lower PE ratio (10.58) than its peer group average of 12.43.

Stock name PE ratio Market cap
VLO Valero Energy Corp 7.37 $49.07B
DVN Devon Energy Corp 8.65 $28.79B
BP BP plc 10.57 $98.38B
MUR Murphy Oil Corp 10.58 $5.84B
MRO Marathon Oil Corp 11.28 $15.4B
COP Conocophillips 12.36 $127.94B
XOM Exxon Mobil Corp 13.37 $430.22B
CVX Chevron Corp 13.97 $281.8B
HES Hess Corp 21.87 $44.2B

Frequently asked questions

What is Murphy Oil's PE ratio?

MUR's price to earnings ratio is 10.58 as of Jun 14, 2024.

What is the 3-year average PE ratio for Murphy Oil (MUR)?

As an average over the last 3 years, MUR stock has a PE ratio of 14.05.

What is the 5-year average PE ratio for Murphy Oil (MUR)?

As an average over the last 5 years, MUR stock has a PE ratio of 11.09.

What is the highest PE ratio for MUR?

Over the last ten years, the quarterly PE ratio reached a historic high of 303.09 in the Sep 2018 quarter.

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

MUR's current price to earnings ratio is 58% below its 10-year historical average.

How is MUR's PE ratio calculated (Murphy Oil PE ratio formula)?

The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Jun 14, 2024), Murphy Oil's stock price is $38.3. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $3.62. Therefore, Murphy Oil's price to earnings ratio for today is 10.58. PE RATIO(10.58) = STOCK PRICE($38.3) / TTM EPS($3.62)

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