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Viper EnergyVNOM +0.91%94 EV-to-EBITDA is 20.77 as of Aug. 26, 2026, which is 83% above its 10-year median of 11.38. GuruFocus rates VNOM with a GF Score™ of 94/100 and a GF Value™ of $50.16 (Modestly Undervalued). The stock has 10 warning signs investors should review. Among 772 Oil & Gas companies, Viper Energy ranks worse than 87.31% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Viper Energy's enterprise value is $22,821 Mil.
Viper Energy's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was $1,099 Mil. Therefore, Viper Energy's EV-to-EBITDA for today is 20.77.
The historical rank and industry rank for Viper Energy's EV-to-EBITDA or its related term are showing as below:
VNOM'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 5.32 Med: 11.38 Max: 172.34
Current: 20.77
During the past 13 years, the highest EV-to-EBITDA of Viper Energy was 172.34. The lowest was 5.32. And the median was 11.38.
VNOM's EV-to-EBITDA is ranked worse than 87.31% of 772
companies
in the Oil & Gas industry
Industry Median: 7.46
vs VNOM: 20.77
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Viper Energy's PE Ratio (TTM) for today is calculated as:
Viper Energy's share price for today is $44.47.
Viper Energy's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.130.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for Viper Energy's EV-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Oil & Gas Midstream subindustry, Viper Energy's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Viper Energy EV-to-EBITDA vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Viper Energy's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Viper Energy's EV-to-EBITDA falls into.
Viper Energy's current Enterprise Value is $22,821 Mil.
Viper Energy's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,099 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Viper Energy (VNOM) has a EV-to-EBITDA of 20.77 as of Aug. 26, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Viper Energy. This is 83% above median its historical median of 11.38. Over the past decade, Viper Energy's EV-to-EBITDA has ranged from 5.32 to 172.34. According to the industry distribution chart, Viper Energy ranks #674 out of 772 companies in the Oil & Gas industry, placing it in the top 87.3%.
Is Viper Energy's EV-to-EBITDA too high?
Viper Energy's current EV-to-EBITDA of 20.77 is 83% above median its 10-year median of 11.38. Over the past 10 years, this metric has ranged from a low of 5.32 to a high of 172.34. The Oil & Gas industry median EV-to-EBITDA is 7.46. Viper Energy's value of 20.77 is 178.4% above this industry median. Based on the distribution chart, Viper Energy ranks #674 out of 772 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Viper Energy has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Viper Energy's EV-to-EBITDA compare to FRO and AM?
According to the Oil & Gas industry distribution chart, Viper Energy ranks #674 out of 772 companies for EV-to-EBITDA. This places Viper Energy in the lower half of its industry. The industry median EV-to-EBITDA is 7.46. Viper Energy's value of 20.77 is 178.4% above this benchmark. Historically, Viper Energy's own EV-to-EBITDA has ranged from 5.32 to 172.34 over the past decade. While the company's 10-year median is 11.38 vs. the industry median of 7.46, Viper Energy has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for an Oil & Gas company?
The median EV-to-EBITDA among Oil & Gas companies is 7.46, based on 772 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Viper Energy's current EV-to-EBITDA of 20.77 is 178.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Viper Energy. For the Oil & Gas industry, the median EV-to-EBITDA is 7.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Viper Energy's current EV-to-EBITDA is 20.77, which is 83% above median its own 10-year median of 11.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Viper Energy stock overvalued right now?
Based on GuruFocus' analysis, Viper Energy (VNOM) is currently considered Modestly Undervalued. The stock's GF Value™ is $50.16, compared to a current price of $44.47 — trading 11.3% below its estimated fair value. The current EV-to-EBITDA is 20.77, which is 83% above median its 10-year median of 11.38 and 178.4% above the Oil & Gas industry median of 7.46. Viper Energy's overall GF Score™ is 94/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Viper Energy (VNOM), the current EV-to-EBITDA is 20.77 as of Aug. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Viper Energy (VNOM) Overvalued in 2026?
Based on GuruFocus' analysis, Viper Energy stock appears to be undervalued.
The current stock price of $44.47 is trading 11.3% below its estimated GF Value™ of $50.16.
GuruFocus considers Viper Energy to be Modestly Undervalued.
Key valuation signals for VNOM:
EV-to-EBITDA: 20.77 (83% above median its 10-year median of 11.38)
GF Value™: $50.16 vs. price of $44.47 (11.3% below fair value)
Industry Position: 178.4% above the Oil & Gas median (#674 of 772)
No single metric tells the full story. See the VNOM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Viper Energy Inc is focused on owning and acquiring mineral and royalty interests in oil and natural gas properties in the Permian Basin. The Permian Basin is known to have a number of zones of oil and natural gas-bearing rock throughout.
94GF Score
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