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 |
|---|---|---|
| 2021 | 27.3 | -767.73% |
| 2020 | -4.09 | -113.44% |
| 2019 | 30.4 | 108.11% |
| 2018 | 14.6 | -33.53% |
| 2017 | 22.0 | -122.01% |
| 2016 | -100 | -314.9% |
| 2015 | 46.5 | -12.48% |
| 2014 | 53.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Occidental Petroleum OXY | 4.96 | -64.55% | 🇺🇸 USA |
 Canadian Natural Resources CNQ | 7.39 | -47.22% | 🇨🇦 Canada |
 Callon Petroleum CPE | 2.06 | -85.26% | 🇺🇸 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.