Start with its own history
At 10.65×, PVL is 9.4% above its 10-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.

Current valuation, historical context, and peer comparisons.
Current P/E ratio
10.65×
9.4% abovethe 10-year annual average
Price and EPS in quote currency. Calculation details
Investors are paying 10.65 for every 1 of reported earnings per share.
Annual period-end data · 15 observations
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2025 | 16.36× | +2.9% |
| Dec 31, 2024 | 15.91× | +375.0% |
| Dec 31, 2023 | 3.35× | -59.0% |
| Dec 31, 2022 | 8.17× | -63.4% |
| Dec 31, 2021 | 22.33× | +357.9% |
| Dec 31, 2020 | 4.88× | -23.6% |
| Dec 31, 2019 | 6.38× | +45.9% |
| Dec 31, 2018 | 4.37× | +88.8% |
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2017 | 2.32× | -82.5% |
| Dec 31, 2016 | 13.27× | +129.3% |
| Dec 31, 2015 | 5.79× | +3.2% |
| Dec 31, 2014 | 5.60× | -31.9% |
| Dec 31, 2013 | 8.22× | -13.7% |
| Dec 31, 2012 | 9.53× | N/M |
| Dec 31, 2011 | N/M | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
PVL This stockPermianville Royalty Trust | 10.65× |
SBRSabine Royalty Trust | 13.83× |
CRTCross Timbers Royalty Trust | 24.79× |
MVOMV Oil Trust | 0.74× |
SJTSan Juan Basin Royalty Trust | N/M |
CHKRChesapeake Granite Wash Trust | 5.97× |
GULTUGulf Coast Ultra Deep Royalty Trust | N/M |
VOCVOC Energy Trust | 7.33× |
NRTNorth European Oil Royalty Trust | 6.79× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
At 10.65×, PVL is 9.4% above its 10-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
The median of the 6 positive peer ratios above is 7.06×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore Wisesheets=WISE("PVL", "PE Ratio", "LQ")Share price 1.81 ÷ EPS 0.17 = 10.65×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 5, 2026; this is not a real-time trading quote.
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
The essentials behind the numbers.
Permianville Royalty Trust's current P/E is 10.65× based on the quote data last updated Nov 5, 2026. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.