As at May 1, 2024, the MUR stock has a price-to-earnings ratio of 10.37. This is based on the current EPS of $4.26 and the stock price of $44.18 per share. An increase of 39% has been recorded in the PE ratio compared to the average of 7.5 of the past four quarters.
The mean historical PE ratio of Murphy Oil over the last ten years is 25.92. The current 10.37 price-to-earnings ratio is 60% 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.
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% |
The current PE ratio of MUR is lower than the 3, 5 and 10-year averages.
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 (10.37) than its peer group average of 10.8.
| Stock name | PE ratio | Market cap |
|---|---|---|
| BP BP plc | 7.25 | $107.38B |
| VLO Valero Energy Corp | 7.65 | $50.9B |
| DVN Devon Energy Corp | 8.6 | $32B |
| MRO Marathon Oil Corp | 10.2 | $15.06B |
| MUR Murphy Oil Corp | 10.37 | $6.75B |
| COP Conocophillips | 13.69 | $146.27B |
| CVX Chevron Corp | 13.99 | $296.48B |
| XOM Exxon Mobil Corp | 14.22 | $457.51B |
| HES Hess Corp | 34.68 | $48.15B |
MUR's price to earnings ratio is 10.37 as of May 1, 2024.
As an average over the last 3 years, MUR stock has a PE ratio of 14.23.
As an average over the last 5 years, MUR stock has a PE ratio of 10.97.
Over the last ten years, the quarterly PE ratio reached a historic high of 303.09 in the Sep 2018 quarter.
MUR's current price to earnings ratio is 60% below its 10-year historical average.
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (May 1, 2024), Murphy Oil's stock price is $44.18. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $4.26. Therefore, Murphy Oil's price to earnings ratio for today is 10.37. PE RATIO(10.37) = STOCK PRICE($44.18) / TTM EPS($4.26)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.