The current P/E ratio for Permian Basin Royalty Trust stock as of Jul 25, 2024 is 18.89. This is calculated based on the TTM EPS of $0.62 and the stock price of $11.71 per share. The PE ratio has decreased by 24% from its last 4 quarters average of 24.8.
The average historical PE ratio of Permian Basin Royalty Trust for the last ten years is 18.8. The current price-to-earnings ratio of 18.89 is in line with 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 above its 10-year average, but it is under its 3 and 5-year averages.
PBT's PE ratio is less than its peer stock PHX, but it is above VNOM's and DMLP's.
Stock name | PE ratio | Market cap |
---|---|---|
DMLP Dorchester Minerals Lp | 11.98 | $1.24B |
VNOM Viper Energy Partners LP | 15.55 | $7.48B |
PBT Permian Basin Royalty Trust | 18.37 | $530.87M |
PHX Phx Minerals Inc | 29.91 | $123.24M |
PBT's price to earnings ratio is 18.89 as of Jul 25, 2024.
As an average over the last 3 years, PBT stock has a PE ratio of 29.44.
As an average over the last 5 years, PBT stock has a PE ratio of 23.14.
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 0.5% higher 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 (Jul 25, 2024), Permian Basin Royalty Trust's share price is $11.71. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $0.62. Therefore, Permian Basin Royalty Trust's price to earnings ratio for today is 18.89. PE RATIO(18.89) = STOCK PRICE($11.71) / TTM EPS($0.62)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.