According to Viper Energy Partners's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.9018. At the end of 2022 the company had a P/E ratio of 15.8.
Year | P/E ratio | Change |
---|---|---|
2022 | 15.8 | -42.11% |
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 | -12.59% |
2014 | 53.2 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
Occidental Petroleum OXY | 10.0 | -40.65% | ๐บ๐ธ USA |
Canadian Natural Resources CNQ | 14.9 | -11.97% | ๐จ๐ฆ Canada |
Callon Petroleum CPE | 2.32 | -86.30% | ๐บ๐ธ USA |
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.