Dorchester Minerals LPDMLP +0.43%86 PE Ratio (TTM) is 18.44 as of Jun. 28, 2026, which is 45% above its 10-year median of 12.76. GuruFocus rates DMLP with a GF Score™ of 86/100 and a GF Value™ of $25.46 (Fairly Valued). The stock has 9 warning signs investors should review. Among 622 Oil & Gas companies, Dorchester Minerals LP ranks worse than 64.79% on this metric.
The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2026-06-28), Dorchester Minerals LP's share price is
$25.63.
Dorchester Minerals LP's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $1.39. Therefore, Dorchester Minerals LP's PE Ratio (TTM) for today is 18.44.
The historical rank and industry rank for Dorchester Minerals LP's PE Ratio (TTM) or its related term are showing as below:
DMLP'
s PE Ratio (TTM) Range Over the Past 10 Years
Min: 6.06 Med: 12.76 Max: 38.59
Current: 18.44
During the past 13 years, the highest PE Ratio (TTM) of Dorchester Minerals LP was 38.59. The lowest was 6.06. And the median was 12.76.
DMLP's PE Ratio (TTM) is ranked worse than 64.79% of 622
companies
in the Oil & Gas industry
Industry Median: 14.19
vs DMLP: 18.44
During the past 12 months, Dorchester Minerals LP's average EPS without NRIGrowth Rate was -31.90% per year.
During the past 3 years, the average EPS without NRIGrowth Rate was -29.80% per year.
During the past 5 years, the average EPS without NRIGrowth Rate was 10.00% per year.
During the past 10 years, the average EPS without NRIGrowth Rate was 13.70% per year.
During the past 13 years, Dorchester Minerals LP's highest 3-Year average EPS without NRI Growth Rate was 67.20% per year. The lowest was -29.80% per year. And the median was 3.20% per year.
Dorchester Minerals LP (NAS:DMLP) PE Ratio (TTM) Explanation
The PE Ratio (TTM) can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio (TTM) is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.
In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio (TTM) is positive. Also for stocks with the same PE Ratio (TTM), the one with faster growth business is more attractive.
If a company loses money, the PE Ratio (TTM) becomes meaningless.
To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio (TTM) divided by the growth ratio. He thinks a company with a PE Ratio (TTM) equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio (TTM) of 20, instead of a company growing 10% a year with a PE Ratio (TTM) of 10.
Because the PE Ratio (TTM) measures how long it takes to earn back the price you pay, the PE Ratio (TTM) can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.
Investors need to be aware that the PE Ratio (TTM) can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratio (TTM)s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio (TTM) is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .
PE Ratio (TTM) can also be affected by non-recurring-items such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio (TTM).
Dorchester Minerals LP PE Ratio (TTM) Related Terms
Dorchester Minerals LP PE Ratio (TTM) Historical Data
* Premium members only.
The historical data trend for Dorchester Minerals LP's PE Ratio (TTM) 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 E&P subindustry, Dorchester Minerals LP's PE Ratio (TTM), along with its competitors' market caps and PE Ratio (TTM) 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 PE Ratio (TTM) vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Dorchester Minerals LP's PE Ratio (TTM) distribution charts can be found below:
* The bar in red indicates where Dorchester Minerals LP's PE Ratio (TTM) falls into.
The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.
Dorchester Minerals LP's Share Price of today is $25.63.
Dorchester Minerals LP's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.39.
* 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:
There are at least three kinds of PE Ratio (TTM)s used by different investors. They are Trailing Twelve Month PE Ratio (TTM) or PE Ratio (TTM) (TTM), Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio (TTM) based on inflation-adjusted normalized PE Ratio (TTM) is called Shiller PE Ratio, after Yale professor Robert Shiller.
In the calculation of PE Ratio (TTM), the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.
For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.
Dorchester Minerals LP (DMLP) has a PE Ratio (TTM) of 18.44 as of Jun. 28, 2026. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on Dorchester Minerals LP and its competitors. This is 45% above median its historical median of 12.76. Over the past decade, Dorchester Minerals LP's PE Ratio (TTM) has ranged from 6.06 to 38.59. According to the industry distribution chart, Dorchester Minerals LP ranks #403 out of 622 companies in the Oil & Gas industry, placing it in the top 64.8%.
Is Dorchester Minerals LP's PE Ratio (TTM) too high?
Dorchester Minerals LP's current PE Ratio (TTM) of 18.44 is 45% above median its 10-year median of 12.76. Over the past 10 years, this metric has ranged from a low of 6.06 to a high of 38.59. The Oil & Gas industry median PE Ratio (TTM) is 14.19. Dorchester Minerals LP's value of 18.44 is 30% above this industry median. Based on the distribution chart, Dorchester Minerals LP ranks #403 out of 622 companies in the Oil & Gas industry, which is below the industry midpoint. 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 PE Ratio (TTM) compare to KRP and KOS?
According to the Oil & Gas industry distribution chart, Dorchester Minerals LP ranks #403 out of 622 companies for PE Ratio (TTM). This places Dorchester Minerals LP in the lower half of its industry. The industry median PE Ratio (TTM) is 14.19. Dorchester Minerals LP's value of 18.44 is 30% above this benchmark. Historically, Dorchester Minerals LP's own PE Ratio (TTM) has ranged from 6.06 to 38.59 over the past decade. While the company's 10-year median is 12.76 vs. the industry median of 14.19, 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 PE Ratio (TTM) for an Oil & Gas company?
The median PE Ratio (TTM) among Oil & Gas companies is 14.19, based on 622 companies in the industry. Companies in the top quartile (top 25%) have a PE Ratio (TTM) significantly above this median, while those in the bottom quartile fall well below. However, PE Ratio (TTM) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dorchester Minerals LP's current PE Ratio (TTM) of 18.44 is 30% 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 PE Ratio (TTM) mean?
A high PE Ratio (TTM) can signal that a stock is expensive relative to its fundamentals. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on Dorchester Minerals LP and its competitors. For the Oil & Gas industry, the median PE Ratio (TTM) is 14.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dorchester Minerals LP's current PE Ratio (TTM) is 18.44, which is 45% above median its own 10-year median of 12.76. 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 $25.46, compared to a current price of $25.63 — trading 0.7% above its estimated fair value. The current PE Ratio (TTM) is 18.44, which is 45% above median its 10-year median of 12.76 and 30% above the Oil & Gas industry median of 14.19. 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 PE Ratio (TTM) calculated?
PE Ratio (TTM) is calculated from a company's financial statements. For Dorchester Minerals LP (DMLP), the current PE Ratio (TTM) is 18.44 as of Jun. 28, 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 $25.63 is trading 0.7% above its estimated GF Value™ of $25.46.
GuruFocus considers Dorchester Minerals LP to be Fairly Valued.
Key valuation signals for DMLP:
PE Ratio (TTM): 18.44 (45% above median its 10-year median of 12.76)
GF Value™: $25.46 vs. price of $25.63 (0.7% above fair value)
Industry Position: 30% above the Oil & Gas median (#403 of 622)
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
Get the complete analysis for DMLP
PE Ratio (TTM) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
DMLP has been successfully added to your 
