PBT (Permian Basin Royalty Trust) Quick Ratio: 3.21 (As of Mar. 2026) — 99% Above Median


PBT Permian Basin Royalty Trust PBT
63 GF Score
Price $24.81
GF Value $7.00
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Permian Basin Royalty Trust Quick Ratio?

Permian Basin Royalty Trust PBT -2.93% 63 Quick Ratio is 3.21 as of Mar. 2026, which is 99% above its 10-year median of 1.61. GuruFocus rates PBT with a GF Score™ of 63/100 and a GF Value™ of $7.00 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,011 Oil & Gas companies, Permian Basin Royalty Trust ranks better than 84.27% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Permian Basin Royalty Trust's quick ratio for the quarter that ended in Mar. 2026 was 3.21.

Permian Basin Royalty Trust has a quick ratio of 3.21. It generally indicates good short-term financial strength.

The historical rank and industry rank for Permian Basin Royalty Trust's Quick Ratio or its related term are showing as below:

PBT' s Quick Ratio Range Over the Past 10 Years
Min: 1.11   Med: 1.61   Max: 13.94
Current: 3.21

During the past 13 years, Permian Basin Royalty Trust's highest Quick Ratio was 13.94. The lowest was 1.11. And the median was 1.61.

PBT's Quick Ratio is ranked better than
84.27% of 1011 companies
in the Oil & Gas industry
Industry Median: 1.12 vs PBT: 3.21

Permian Basin Royalty Trust  (NYSE:PBT) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


Permian Basin Royalty Trust Quick Ratio Related Terms


Permian Basin Royalty Trust Quick Ratio Historical Data

* Premium members only.

The historical data trend for Permian Basin Royalty Trust's Quick Ratio 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.

Permian Basin Royalty Trust Quick Ratio Chart

Permian Basin Royalty Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.96 1.63 1.22 2.08 2.79

Permian Basin Royalty Trust Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.30 2.82 1.20 2.79 3.21

PBT vs NVGS, TEN, NAT: Quick Ratio Comparison

For the Oil & Gas Midstream subindustry, Permian Basin Royalty Trust's Quick Ratio, along with its competitors' market caps and Quick 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.


Permian Basin Royalty Trust Quick Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Permian Basin Royalty Trust's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Permian Basin Royalty Trust's Quick Ratio falls into.


PBT
63GF Score
Permian Basin Royalty Trust PBT
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Permian Basin Royalty Trust Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

Permian Basin Royalty Trust's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Quick Ratio (A: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(1.715-0)/0.615
=2.79

Permian Basin Royalty Trust's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(1.597-0)/0.497
=3.21

* 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.

Frequently Asked Questions Learn more about Quick Ratio →
What does a Quick Ratio of 3.21 mean?
Permian Basin Royalty Trust (PBT) has a Quick Ratio of 3.21 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Permian Basin Royalty Trust and its competitors. This is 99% above median its historical median of 1.61. Over the past decade, Permian Basin Royalty Trust's Quick Ratio has ranged from 1.11 to 13.94. According to the industry distribution chart, Permian Basin Royalty Trust ranks #159 out of 1011 companies in the Oil & Gas industry, placing it in the top 15.7%.
Is Permian Basin Royalty Trust's Quick Ratio too high?
Permian Basin Royalty Trust's current Quick Ratio of 3.21 is 99% above median its 10-year median of 1.61. Over the past 10 years, this metric has ranged from a low of 1.11 to a high of 13.94. The Oil & Gas industry median Quick Ratio is 1.12. Permian Basin Royalty Trust's value of 3.21 is 186.6% above this industry median. Based on the distribution chart, Permian Basin Royalty Trust ranks #159 out of 1011 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Permian Basin Royalty Trust has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Permian Basin Royalty Trust's Quick Ratio compare to NVGS and TEN?
According to the Oil & Gas industry distribution chart, Permian Basin Royalty Trust ranks #159 out of 1011 companies for Quick Ratio. This places Permian Basin Royalty Trust in the top 16% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.12. Permian Basin Royalty Trust's value of 3.21 is 186.6% above this benchmark. Historically, Permian Basin Royalty Trust's own Quick Ratio has ranged from 1.11 to 13.94 over the past decade. While the company's 10-year median is 1.61 vs. the industry median of 1.12, Permian Basin Royalty Trust 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 Quick Ratio for an Oil & Gas company?
The median Quick Ratio among Oil & Gas companies is 1.12, based on 1,011 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Permian Basin Royalty Trust's current Quick Ratio of 3.21 is 186.6% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Permian Basin Royalty Trust and its competitors. For the Oil & Gas industry, the median Quick Ratio is 1.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Permian Basin Royalty Trust's current Quick Ratio is 3.21, which is 99% above median its own 10-year median of 1.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Permian Basin Royalty Trust stock overvalued right now?
Based on GuruFocus' analysis, Permian Basin Royalty Trust (PBT) is currently considered Significantly Overvalued. The stock's GF Value™ is $7.00, compared to a current price of $24.81 — trading 254.4% above its estimated fair value. The current Quick Ratio is 3.21, which is 99% above median its 10-year median of 1.61 and 186.6% above the Oil & Gas industry median of 1.12. Permian Basin Royalty Trust's overall GF Score™ is 63/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Permian Basin Royalty Trust (PBT), the current Quick Ratio is 3.21 as of Mar. 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 Permian Basin Royalty Trust (PBT) Overvalued in 2026?

Based on GuruFocus' analysis, Permian Basin Royalty Trust stock appears to be overvalued. The current stock price of $24.81 is trading 254.4% above its estimated GF Value™ of $7.00. GuruFocus considers Permian Basin Royalty Trust to be Significantly Overvalued.

Key valuation signals for PBT:

  • Quick Ratio: 3.21 (99% above median its 10-year median of 1.61)
  • GF Value™: $7.00 vs. price of $24.81 (254.4% above fair value)
  • GF Score™: 63/100 with 3 warning signs
  • Industry Position: 186.6% above the Oil & Gas median (#159 of 1011)

No single metric tells the full story. See the PBT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Permian Basin Royalty Trust Business Description

Industry EnergyOil & Gas
Address 3838 Oak Lawn Avenue, Suite 1720, Dallas, TX, USA, 75219
Permian Basin Royalty Trust is an express trust. The company's underlying properties include Waddell Ranch Properties in which the trust holds mineral interest as well as royalty interests in mature producing oil fields, such as Yates, Wasson, Sand Hills, East Texas, Kelly-Snyder, Panhandle Regular, N. Cowden, Todd, Keystone, Kermit, McElroy, Howard-Glasscock, Seminole, and others across Texas. The company earns the majority of its revenue in the form of royalties received through its properties.
63GF Score

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Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$24.81
Price
$7.00
GF Value