As at Jul 25, 2024, the MUR stock has a price-to-earnings ratio of 11.1. This is based on the current EPS of $3.62 and the stock price of $40.19 per share. An increase of 17% has been recorded in the PE ratio compared to the average of 9.5 of the past four quarters.
The mean historical PE ratio of Murphy Oil over the last ten years is 25.62. The current 11.1 price-to-earnings ratio is 57% 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 above its 5-year historical average, but it is lower than the 3 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 (11.1) than its peer group average of 12.86.
| Stock name | PE ratio | Market cap |
|---|---|---|
| DVN Devon Energy Corp | 8.79 | $29.29B |
| VLO Valero Energy Corp | 9.01 | $50.98B |
| BP BP plc | 10.68 | $99.39B |
| MUR Murphy Oil Corp | 11.12 | $6.14B |
| MRO Marathon Oil Corp | 11.52 | $15.72B |
| COP Conocophillips | 12.53 | $129.65B |
| XOM Exxon Mobil Corp | 14.38 | $462.63B |
| CVX Chevron Corp | 14.45 | $291.53B |
| HES Hess Corp | 22.9 | $46.29B |
MUR's price to earnings ratio is 11.1 as of Jul 25, 2024.
As an average over the last 3 years, MUR stock has a PE ratio of 14.05.
As an average over the last 5 years, MUR stock has a PE ratio of 10.95.
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 57% 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 (Jul 25, 2024), Murphy Oil's stock price is $40.19. 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 11.1. PE RATIO(11.1) = STOCK PRICE($40.19) / TTM EPS($3.62)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.