Viper Energy Partners
VNOM
#2420
Rank
$5.12 B
Marketcap
$31.08
Share price
-0.80%
Change (1 day)
17.15%
Change (1 year)

P/E ratio for Viper Energy Partners (VNOM)

P/E ratio as of February 2023 (TTM): 14.0

According to Viper Energy Partners's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14. At the end of 2021 the company had a P/E ratio of 27.3.

P/E ratio history for Viper Energy Partners from 2014 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202127.3-767.73%
2020-4.09-113.44%
201930.4108.11%
201814.6-33.53%
201722.0-122.01%
2016-100-314.9%
201546.5-12.48%
201453.2

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
4.96-64.55%๐Ÿ‡บ๐Ÿ‡ธ USA
7.39-47.22%๐Ÿ‡จ๐Ÿ‡ฆ Canada
2.06-85.26%๐Ÿ‡บ๐Ÿ‡ธ 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.