The current P/E ratio for Permian Basin Royalty Trust stock as of Dec 20, 2024 is 14.32. This is calculated based on the TTM EPS of $0.78 and the stock price of $11.17 per share. The PE ratio has decreased by 23% from its last 4 quarters average of 18.6.
The average historical PE ratio of Permian Basin Royalty Trust for the last ten years is 18.81. The current price-to-earnings ratio of 14.32 is 24% less 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.
Maximum annual increase: 218.42% in 2021
Maximum annual decrease: -50.1% in 2022
Year | PE ratio | Change |
---|---|---|
2023 | 23.27 | 6.21% |
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% |
The current PE ratio of PBT is under its 3, 5 and 10-year averages.
PBT's PE ratio is less than its peer stocks VNOM and PHX, but it is above DMLP's.
Stock name | PE ratio | Market cap |
---|---|---|
DMLP Dorchester Minerals Lp | 11.48 | $1.52B |
PBT Permian Basin Royalty Trust | 14.32 | $520.62M |
VNOM Viper Energy Partners LP | 20.45 | $8.98B |
PHX Phx Minerals Inc | 29.15 | $142.05M |
PBT's price to earnings ratio is 14.32 as of Dec 20, 2024.
As an average over the last 3 years, PBT stock has a PE ratio of 27.25.
As an average over the last 5 years, PBT stock has a PE ratio of 23.02.
Over the last ten years, the Mar 2022 quarter recorded the highest quarterly PE ratio at 46.33.
The current PE ratio of PBT is 24% lower than the 10-year historical average.
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 (Dec 20, 2024), Permian Basin Royalty Trust's share price is $11.17. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $0.78. Therefore, Permian Basin Royalty Trust's price to earnings ratio for today is 14.32. PE RATIO(14.32) = STOCK PRICE($11.17) / TTM EPS($0.78)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.