As at Jul 2, 2026, the MUR stock has a price-to-earnings ratio of 53.13. This is based on the current EPS of $0.6 and the stock price of $31.88 per share. An increase of 40% has been recorded in the PE ratio compared to the average of 37.9 of the past four quarters.
MUR PE ratio history
The mean historical PE ratio of Murphy Oil over the last eight years is 27.24. The current 53.13 price-to-earnings ratio is 95% more than the historical average. In the past eight 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.
Murphy Oil PE ratio by year
Maximum annual increase: 283.26% in 2025
Maximum annual decrease: -61.14% in 2019
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 42.81 | 283.26% | $31.25 | $0.73 |
| 2024 | 11.17 | 11.59% | $30.26 | $2.71 |
| 2023 | 10.01 | 44.86% | $42.66 | $4.26 |
| 2022 | 6.91 | N/A | $43.01 | $6.22 |
| 2021 | N/A | N/A | $26.11 | -$0.48 |
| 2020 | N/A | N/A | $12.1 | -$7.48 |
| 2019 | 3.82 | -61.14% | $26.8 | $7.01 |
| 2018 | 9.83 | N/A | $23.39 | $2.38 |
| 2017 | N/A | N/A | $31.05 | -$1.81 |
| 2016 | N/A | N/A | $31.13 | -$1.6 |
| 2015 | N/A | N/A | $22.45 | -$13.03 |
| 2014 | 9.98 | -8.02% | $50.52 | $5.06 |
| 2013 | 10.85 | -8.75% | $64.88 | $5.98 |
| 2012 | 11.89 | -3.8% | $59.55 | $5.01 |
| 2011 | 12.36 | -31.03% | $55.74 | $4.51 |
Murphy Oil PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 68.75 | 60.59% | $41.25 | $0.6 |
| Dec 2025 | 42.81 | 50.69% | $31.25 | $0.73 |
| Sep 2025 | 28.41 | 146.19% | $28.41 | $1 |
| Jun 2025 | 11.54 | 6.85% | $22.5 | $1.95 |
| Mar 2025 | 10.8 | -3.31% | $28.4 | $2.63 |
| Dec 2024 | 11.17 | 3.33% | $30.26 | $2.71 |
| Sep 2024 | 10.81 | 0.37% | $33.74 | $3.12 |
| Jun 2024 | 10.77 | -14.66% | $41.24 | $3.83 |
| Mar 2024 | 12.62 | 26.07% | $45.7 | $3.62 |
| Dec 2023 | 10.01 | 5.7% | $42.66 | $4.26 |
| Sep 2023 | 9.47 | 61.88% | $45.35 | $4.79 |
| Jun 2023 | 5.85 | 29.42% | $38.3 | $6.55 |
| Mar 2023 | 4.52 | -34.59% | $36.98 | $8.18 |
| Dec 2022 | 6.91 | 18.32% | $43.01 | $6.22 |
| Sep 2022 | 5.84 | -35.75% | $35.17 | $6.02 |
MUR Price vs fair value
MUR 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 MUR is above its 3, 5 and 10-year historical averages.
PE comparison
With a P/E of 53.13, MUR stands above the Energy sector, the industry and its peers average. Looking at its Energy sector average of 16.23, Murphy Oil's P/E is 227% higher.
MUR PE vs peers
MUR's PE ratio is above its peer stocks XOM and CVX. Murphy Oil is presently trading at a higher PE ratio (53.13) than its peer group average of 21.81.
| Stock name | PE ratio | Market cap |
|---|---|---|
| DVN Devon Energy Corp | 11.21 | $25.15B |
| COP Conocophillips | 17.75 | $127.59B |
| VLO Valero Energy Corp | 19.52 | $79.51B |
| XOM Exxon Mobil Corp | 23.08 | $568.23B |
| CVX Chevron Corp | 29.38 | $336.98B |
| BP BP plc | 29.92 | $102.97B |
| MUR Murphy Oil Corp | 53.13 | $4.57B |
Frequently asked questions
What is Murphy Oil's PE ratio?
MUR's price to earnings ratio is 53.13 as of Jul 2, 2026.
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 20.65.
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 18.91.
What is the highest PE ratio for MUR?
Over the last eight 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 95% above its 8-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 (Jul 2, 2026), Murphy Oil's stock price is $31.88. The earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $0.6. Therefore, Murphy Oil's price to earnings ratio for today is 53.13. PE RATIO(53.13) = STOCK PRICE($31.88) / TTM EPS($0.6)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.