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PBT Permian Basin Royalty Trust PE ratio, current and historical analysis

The current P/E ratio for Permian Basin Royalty Trust stock as of Sep 28, 2023 is 18.98. This is calculated based on the TTM EPS of $1.13 and the stock price of $21.45 per share. The PE ratio has decreased by 9% from its last 4 quarters average of 20.8.

PBT PE ratio history

How has PBT's PE ratio performed in the past

The average historical PE ratio of Permian Basin Royalty Trust for the last ten years is 17.87. The current price-to-earnings ratio of 18.98 is 6% more than the historical average. Analyzing the last ten years, PBT's PE ratio reached its highest point in the Mar 2022 quarter at 46.33, when the price was $12.51 and the EPS was $0.27. The lowest point was recorded in the Mar 2020 quarter, when it reached 6.13 with a price of $2.82 and an EPS of $0.46.

Average
17.87
Median
14.43
Minimum
6.13
Maximum
46.33

Permian Basin Royalty Trust PE ratio by year

Maximum annual increase: 218.42% in 2021

Maximum annual decrease: -50.1% in 2022

Year PE ratio Change
2022 21.91 -50.1%
2021 43.91 218.42%
2020 13.79 50.05%
2019 9.19 2.8%
2018 8.94 -36.51%
2017 14.08 -23.31%
2016 18.36 23.39%
2015 14.88 58.97%
2014 9.36 -36.67%
2013 14.78 39.83%

PBT average PE ratio chart

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

The current PE ratio of PBT is above its 10-year average, but it is under its 3 and 5-year averages.

3-year avg
27.35
5-year avg
20.49
10-year avg
17.87
15-year avg
16.34

PBT PE vs peers

What is PBT's PE ratio compared to its peers

PBT's PE ratio is above its peer stocks VNOM and DMLP.

Stock name PE ratio Market cap
PHX Phx Minerals Inc 5.87 $134.68M
DMLP Dorchester Minerals Lp 10.41 $1.13B
VNOM Viper Energy Partners LP 12.32 $4.48B
PBT Permian Basin Royalty Trust 18.72 $985.68M

Frequently asked questions

What is Permian Basin Royalty Trust's PE ratio?

PBT's price to earnings ratio is 18.98 as of Sep 28, 2023.

What is the 3-year average PE ratio for Permian Basin Royalty Trust (PBT)?

As an average over the last 3 years, PBT stock has a PE ratio of 27.35.

What is the 5-year average PE ratio for Permian Basin Royalty Trust (PBT)?

As an average over the last 5 years, PBT stock has a PE ratio of 20.49.

What is the highest PE ratio for PBT?

Over the last ten years, the Mar 2022 quarter recorded the highest quarterly PE ratio at 46.33.

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

The current PE ratio of PBT is 6% higher than the 10-year historical average.

How is PBT's PE ratio calculated (Permian Basin Royalty Trust PE ratio formula)?

The P/E ratio is calculated by taking the latest stock price and dividing it by the earnings per share(EPS) for the last 12 months. As of today (Sep 28, 2023), Permian Basin Royalty Trust's share price is $21.45. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2023 is $1.13. Therefore, Permian Basin Royalty Trust's price to earnings ratio for today is 18.98. PE RATIO(18.98) = STOCK PRICE($21.45) / TTM EPS($1.13)

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