P/E ratio for Black Stone Minerals (BSM)
P/E ratio as of May 2024 (TTM): 7.62
According to Black Stone Minerals 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.61722. At the end of 2022 the company had a P/E ratio of 7.77.
P/E ratio history for Black Stone Minerals from 2015 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 7.77 | -42.05% |
| 2021 | 13.4 | -3.6% |
| 2020 | 13.9 | 5.03% |
| 2019 | 13.3 | 24.11% |
| 2018 | 10.7 | -39.9% |
| 2017 | 17.8 | -75.41% |
| 2016 | 72.2 | -342.48% |
| 2015 | -29.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Cabot Oil & Gas
COG | N/A | N/A | 🇺🇸 USA |
 Diamondback Energy
FANG | 10.2 | 33.54% | 🇺🇸 USA |
 Whiting Petroleum WLL | 6.79 | -10.87% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.