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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 Jun 21, 2024 is 17.34. This is calculated based on the TTM EPS of $0.62 and the stock price of $10.75 per share. The PE ratio has decreased by 30% from its last 4 quarters average of 24.8.

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 18.67. The current price-to-earnings ratio of 17.34 is 7% 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.

Average
18.67
Median
14.85
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
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%

PBT average PE ratio chart

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

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

3-year avg
29.74
5-year avg
22.6
10-year avg
18.67
15-year avg
17.28

PBT PE vs peers

What is PBT's PE ratio compared to its peers

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 13.23 $6.36B
PBT Permian Basin Royalty Trust 17.34 $501.04M
PHX Phx Minerals Inc 28.45 $117.25M

Frequently asked questions

What is Permian Basin Royalty Trust's PE ratio?

PBT's price to earnings ratio is 17.34 as of Jun 21, 2024.

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 29.74.

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 22.6.

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 7% lower 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 (Jun 21, 2024), Permian Basin Royalty Trust's share price is $10.75. 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 17.34. PE RATIO(17.34) = STOCK PRICE($10.75) / TTM EPS($0.62)

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