Dorchester Minerals LPDMLP 86 PB Ratio is 4.14 as of Jul. 07, 2026, which is 28% below its 10-year median of 5.78. GuruFocus rates DMLP with a GF Score™ of 86/100 and a GF Value™ of $25.37 (Fairly Valued). The stock has 9 warning signs investors should review. Among 927 Oil & Gas companies, Dorchester Minerals LP ranks worse than 86.73% on this metric.
Dorchester Minerals LP stock PB Ratio (=4.14) is close to 1-year high of 4.57.
The historical rank and industry rank for Dorchester Minerals LP's PB Ratio or its related term are showing as below:
DMLP'
s PB Ratio Range Over the Past 10 Years
Min: 2.81 Med: 5.78 Max: 8.55
Current: 4.14
During the past 13 years, Dorchester Minerals LP's highest PB Ratio was 8.55. The lowest was 2.81. And the median was 5.78.
DMLP's PB Ratio is ranked worse than 86.73% of 927
companies
in the Oil & Gas industry
Industry Median: 1.39
vs DMLP: 4.14
During the past 12 months, Dorchester Minerals LP's average Book Value Per Share Growth Rate was -15.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 12.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 21.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 12.20% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Dorchester Minerals LP was 82.00% per year. The lowest was -16.00% per year. And the median was -2.90% per year.
Back to Basics: PB Ratio
Dorchester Minerals LP (NAS:DMLP) PB Ratio Explanation
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
* 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 E&P subindustry, Dorchester Minerals LP's PB Ratio, along with its competitors' market caps and PB Ratio 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.
Dorchester Minerals LP PB Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Dorchester Minerals LP's PB Ratio distribution charts can be found below:
* The bar in red indicates where Dorchester Minerals LP's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Dorchester Minerals LP (DMLP) has a PB Ratio of 4.14 as of Jul. 07, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Dorchester Minerals LP and its competitors. This is 28% below median its historical median of 5.78. Over the past decade, Dorchester Minerals LP's PB Ratio has ranged from 2.81 to 8.55. According to the industry distribution chart, Dorchester Minerals LP ranks #804 out of 927 companies in the Oil & Gas industry, placing it in the top 86.7%.
Is Dorchester Minerals LP's PB Ratio too high?
Dorchester Minerals LP's current PB Ratio of 4.14 is 28% below median its 10-year median of 5.78. Over the past 10 years, this metric has ranged from a low of 2.81 to a high of 8.55. The Oil & Gas industry median PB Ratio is 1.39. Dorchester Minerals LP's value of 4.14 is 197.8% above this industry median. Based on the distribution chart, Dorchester Minerals LP ranks #804 out of 927 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Dorchester Minerals LP has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Dorchester Minerals LP's PB Ratio compare to KOS and TBN?
According to the Oil & Gas industry distribution chart, Dorchester Minerals LP ranks #804 out of 927 companies for PB Ratio. This places Dorchester Minerals LP in the lower half of its industry. The industry median PB Ratio is 1.39. Dorchester Minerals LP's value of 4.14 is 197.8% above this benchmark. Historically, Dorchester Minerals LP's own PB Ratio has ranged from 2.81 to 8.55 over the past decade. While the company's 10-year median is 5.78 vs. the industry median of 1.39, Dorchester Minerals LP 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 PB Ratio for an Oil & Gas company?
The median PB Ratio among Oil & Gas companies is 1.39, based on 927 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dorchester Minerals LP's current PB Ratio of 4.14 is 197.8% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Dorchester Minerals LP and its competitors. For the Oil & Gas industry, the median PB Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dorchester Minerals LP's current PB Ratio is 4.14, which is 28% below median its own 10-year median of 5.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dorchester Minerals LP stock overvalued right now?
Based on GuruFocus' analysis, Dorchester Minerals LP (DMLP) is currently considered Fairly Valued. The stock's GF Value™ is $25.37, compared to a current price of $25.45 — trading 0.3% above its estimated fair value. The current PB Ratio is 4.14, which is 28% below median its 10-year median of 5.78 and 197.8% above the Oil & Gas industry median of 1.39. Dorchester Minerals LP's overall GF Score™ is 86/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Dorchester Minerals LP (DMLP), the current PB Ratio is 4.14 as of Jul. 07, 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 Dorchester Minerals LP (DMLP) Overvalued in 2026?
Based on GuruFocus' analysis, Dorchester Minerals LP stock appears to be overvalued.
The current stock price of $25.45 is trading 0.3% above its estimated GF Value™ of $25.37.
GuruFocus considers Dorchester Minerals LP to be Fairly Valued.
Key valuation signals for DMLP:
PB Ratio: 4.14 (28% below median its 10-year median of 5.78)
GF Value™: $25.37 vs. price of $25.45 (0.3% above fair value)
Industry Position: 197.8% above the Oil & Gas median (#804 of 927)
No single metric tells the full story. See the DMLP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dorchester Minerals LP operates as the owner of producing and non-producing crude oil and natural gas mineral, royalty, overriding royalty, net profits, and leasehold interests. The company generates revenues from royalties, net profits interests, lease bonuses, and others.
86GF Score
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