Dorchester Minerals
DMLP
#4800
Rank
$1.51 B
Marketcap
$32.02
Share price
-0.37%
Change (1 day)
0.98%
Change (1 year)

P/E ratio for Dorchester Minerals (DMLP)

P/E ratio as of December 2024 (TTM): 11.6

According to Dorchester Minerals's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.6033. At the end of 2022 the company had a P/E ratio of 8.93.

P/E ratio history for Dorchester Minerals from 2003 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20228.93-12.42%
202110.2-42.03%
202017.635.29%
201913.043.04%
20189.09-29.41%
201712.9-50.82%
201626.211.24%
201523.530.97%
201418.0-5.19%
201319.011.93%
201216.9-0.56%
201117.0-31.15%
201024.7-16.27%
200929.6328.34%
20086.90-48.93%
200713.56.09%
200612.7-9.01%
200514.0-37.4%
200422.4-203.66%
2003-21.6

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.