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.
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.
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% |
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 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 |
PBT's price to earnings ratio is 18.98 as of Sep 28, 2023.
As an average over the last 3 years, PBT stock has a PE ratio of 27.35.
As an average over the last 5 years, PBT stock has a PE ratio of 20.49.
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 6% 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 (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.