Brigham Minerals
MNRL
#4162
Rank
$1.96 B
Marketcap
$32.50
Share price
-1.57%
Change (1 day)
18.79%
Change (1 year)

P/E ratio for Brigham Minerals (MNRL)

P/E ratio as of March 2024 (TTM): 13.2

According to Brigham Minerals 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.2114. At the end of 2021 the company had a P/E ratio of 18.4.

P/E ratio history for Brigham Minerals from 2019 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202118.4-282.25%
2020-10.1-112.46%
201981.0

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.