Mesa Royalty TrustMTR +1.30%69 PE Ratio (TTM) is 13.46 as of Jul. 03, 2026, which is 15% above its 10-year median of 11.66. GuruFocus rates MTR with a GF Score™ of 69/100 and a GF Value™ of $3.65 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 618 Oil & Gas companies, Mesa Royalty Trust ranks better than 52.75% 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 (2026-07-03), Mesa Royalty Trust's share price is
$3.11.
Mesa Royalty Trust's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $0.23. Therefore, Mesa Royalty Trust's PE Ratio (TTM) for today is 13.46.
Good Sign:
Mesa Royalty Trust stock PE Ratio (=13.46) is close to 2-year low of 12.2.
The historical rank and industry rank for Mesa Royalty Trust's PE Ratio (TTM) or its related term are showing as below:
MTR'
s PE Ratio (TTM) Range Over the Past 10 Years
Min: 5.05 Med: 11.66 Max: 58.43
Current: 13.46
During the past 13 years, the highest PE Ratio (TTM) of Mesa Royalty Trust was 58.43. The lowest was 5.05. And the median was 11.66.
MTR's PE Ratio (TTM) is ranked better than 52.75% of 618
companies
in the Oil & Gas industry
Industry Median: 14.33
vs MTR: 13.46
During the past 12 months, Mesa Royalty Trust's average EPS without NRIGrowth Rate was 1.80% per year.
During the past 3 years, the average EPS without NRIGrowth Rate was -48.20% per year.
During the past 5 years, the average EPS without NRIGrowth Rate was -6.20% per year.
During the past 10 years, the average EPS without NRIGrowth Rate was -8.90% per year.
During the past 13 years, Mesa Royalty Trust's highest 3-Year average EPS without NRI Growth Rate was 71.50% per year. The lowest was -48.20% per year. And the median was 1.80% per year.
Mesa Royalty Trust's EPS (Basic) for the
three
months ended in Mar. 2026 was $0.00.
Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was $0.23.
Mesa Royalty Trust (NYSE:MTR) 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).
Mesa Royalty Trust PE Ratio (TTM) Related Terms
Mesa Royalty Trust PE Ratio (TTM) Historical Data
* Premium members only.
The historical data trend for Mesa Royalty Trust'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.
MTR vs OKMN, HGTXU, PGNYF: PE Ratio (TTM) Comparison
For the Oil & Gas E&P subindustry, Mesa Royalty Trust'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.
Mesa Royalty Trust PE Ratio (TTM) vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Mesa Royalty Trust's PE Ratio (TTM) distribution charts can be found below:
* The bar in red indicates where Mesa Royalty Trust'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.
Mesa Royalty Trust's Share Price of today is $3.11.
Mesa Royalty Trust'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 $0.23.
* 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.
Mesa Royalty Trust (MTR) has a PE Ratio (TTM) of 13.46 as of Jul. 03, 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 Mesa Royalty Trust and its competitors. This is 15% above median its historical median of 11.66. Over the past decade, Mesa Royalty Trust's PE Ratio (TTM) has ranged from 5.05 to 58.43. According to the industry distribution chart, Mesa Royalty Trust ranks #292 out of 618 companies in the Oil & Gas industry, placing it in the top 47.2%.
Is Mesa Royalty Trust's PE Ratio (TTM) too high?
Mesa Royalty Trust's current PE Ratio (TTM) of 13.46 is 15% above median its 10-year median of 11.66. Over the past 10 years, this metric has ranged from a low of 5.05 to a high of 58.43. The Oil & Gas industry median PE Ratio (TTM) is 14.33. Mesa Royalty Trust's value of 13.46 is 6.1% below this industry median. Based on the distribution chart, Mesa Royalty Trust ranks #292 out of 618 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Mesa Royalty Trust has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mesa Royalty Trust's PE Ratio (TTM) compare to OKMN and HGTXU?
According to the Oil & Gas industry distribution chart, Mesa Royalty Trust ranks #292 out of 618 companies for PE Ratio (TTM). This puts Mesa Royalty Trust in the upper half of its industry. The industry median PE Ratio (TTM) is 14.33. Mesa Royalty Trust's value of 13.46 is 6.1% below this benchmark. Historically, Mesa Royalty Trust's own PE Ratio (TTM) has ranged from 5.05 to 58.43 over the past decade. While the company's 10-year median is 11.66 vs. the industry median of 14.33, Mesa Royalty Trust has consistently been below 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 14.33, based on 618 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. Mesa Royalty Trust's current PE Ratio (TTM) of 13.46 is 6.1% below 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 Mesa Royalty Trust and its competitors. For the Oil & Gas industry, the median PE Ratio (TTM) is 14.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mesa Royalty Trust's current PE Ratio (TTM) is 13.46, which is 15% above median its own 10-year median of 11.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mesa Royalty Trust stock overvalued right now?
Based on GuruFocus' analysis, Mesa Royalty Trust (MTR) is currently considered Modestly Undervalued. The stock's GF Value™ is $3.65, compared to a current price of $3.11 — trading 14.8% below its estimated fair value. The current PE Ratio (TTM) is 13.46, which is 15% above median its 10-year median of 11.66 and 6.1% below the Oil & Gas industry median of 14.33. Mesa Royalty Trust's overall GF Score™ is 69/100 with 3 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 Mesa Royalty Trust (MTR), the current PE Ratio (TTM) is 13.46 as of Jul. 03, 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 Mesa Royalty Trust (MTR) Overvalued in 2026?
Based on GuruFocus' analysis, Mesa Royalty Trust stock appears to be undervalued.
The current stock price of $3.11 is trading 14.8% below its estimated GF Value™ of $3.65.
GuruFocus considers Mesa Royalty Trust to be Modestly Undervalued.
Key valuation signals for MTR:
PE Ratio (TTM): 13.46 (15% above median its 10-year median of 11.66)
GF Value™: $3.65 vs. price of $3.11 (14.8% below fair value)
Industry Position: 6.1% below the Oil & Gas median (#292 of 618)
No single metric tells the full story. See the MTR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mesa Royalty Trust holds net overriding royalty interests in various oil and gas properties located in the: Hugoton field of Kansas, San Juan Basin field of New Mexico, and San Juan Basin Field of Colorado.
69GF Score
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