Dorchester Minerals
DMLP
#4635
Rank
$1.09 B
Marketcap
$28.41
Share price
-2.14%
Change (1 day)
18.92%
Change (1 year)

P/E ratio for Dorchester Minerals (DMLP)

P/E ratio as of February 2023 (TTM): 9.12

According to Dorchester Minerals's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.12141. At the end of 2021 the company had a P/E ratio of 10.1.

P/E ratio history for Dorchester Minerals from 2004 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202110.1-44.17%
202018.139.63%
201913.038.88%
20189.34-27.48%
201712.9-51.56%
201626.618.81%
201522.426.62%
201417.7-5.99%
201318.810.07%
201217.10.27%
201117.0-31.1%
201024.7-17.22%
200929.9346.77%
20086.69-50.98%
200713.66.51%
200612.8-8.48%
200514.0-36.68%
200422.1-214.44%
2003-19.3

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.