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GRNT logoGranite Ridge Resources, Inc (GRNT) P/E Ratio History

Historical price-to-earnings valuation from 2021 to 2025

Current P/E
31.1
Undervalued
5Y Avg P/E
128.5
-76% vs avg
PE Percentile
71%
Above Avg
PEG Ratio
N/A
N/A
TTM EPS$-0.25
Price$5.59
5Y PE Range3.2 - 818.9
Earnings Yield3.22%

Loading P/E history...

GRNT Valuation Context

How does the current P/E compare to historical and market benchmarks?

vs. 5Y Average
31.1vs128.5
-76%
Cheap vs History
vs. Energy
31.1vs16.8
+85%
Above Sector
vs. S&P 500
31.1vs25.1
+24%
Above Market
PEG Analysis
N/A
P/E ÷ EPS Growth
Based on 29% EPS growth (1Y)
Export Data

P/E Ratio Analysis

As of May 8, 2026, Granite Ridge Resources, Inc (GRNT) trades at a price-to-earnings ratio of 31.1x, with a stock price of $5.59 and trailing twelve-month earnings per share of $-0.25.

The current P/E is 76% below its 5-year average of 128.5x. Over the past five years, GRNT's P/E has ranged from a low of 3.2x to a high of 818.9x, placing the current valuation at the 71th percentile of its historical range.

Compared to the Energy sector median P/E of 16.8x, GRNT trades at a 85% premium to its sector peers. The sector includes 173 companies with P/E ratios ranging from 3.2x to 186.1x.

Relative to the broader market, GRNT commands a significant premium over the S&P 500 median P/E of 25.1x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.

For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our GRNT DCF Valuation Calculator →

Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.

GRNT P/E vs Peers

P/E ratio compared to closely matched public peers

CompanyMarket CapP/E RatioPEG RatioEPS Growth (1Y)
CIVI logoCIVICivitas Resources, Inc.
$2B3.2Lowest0.15Best-6%
TPVG logoTPVGTriplePoint Venture Growth BDC Corp.
$243M4.94.84+49%Best
DMLP logoDMLPDorchester Minerals, L.P.
$1B21.71.50-44%
BSM logoBSMBlack Stone Minerals, L.P.
$3B10.40.49+11%
TPL logoTPLTexas Pacific Land Corporation
$28B57.32.54+6%
HAL logoHALHalliburton Company
$33B26.1--47%
SLB logoSLBSLB N.V.
$80B22.6--24%

Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.

GRNT Historical P/E Data (2021–2025)

Quarterly P/E ratios calculated from closing price and TTM EPS

QuarterDatePriceTTM EPSP/E Ratiovs Avg
FY2025 Q4Wed Dec 31 2025 00:00:00 GM$4.70$0.1825.4x-80%
FY2025 Q3$5.41$0.2919.0x-85%
FY2025 Q2Mon Jun 30 2025 00:00:00 GM$6.37$0.2426.1x-80%
FY2025 Q1Mon Mar 31 2025 00:00:00 GM$6.08$0.0965.1x-49%
FY2024 Q4$6.46$0.1446.6x-64%
FY2024 Q3Mon Sep 30 2024 00:00:00 GM$5.94$0.3616.6x-87%
FY2024 Q2Sun Jun 30 2024 00:00:00 GM$6.33$0.4215.1x-88%
FY2024 Q1Sun Mar 31 2024 00:00:00 GM$6.50$0.4514.6x-89%
FY2023 Q4Sun Dec 31 2023 00:00:00 GM$6.02$0.619.9x-92%
FY2023 Q3Sat Sep 30 2023 00:00:00 GM$6.10$1.424.3x-97%
FY2023 Q2Fri Jun 30 2023 00:00:00 GM$6.63$1.893.5x-97%
FY2023 Q1Fri Mar 31 2023 00:00:00 GM$5.87$1.833.2x-97%

Average P/E for displayed period: 128.5x

See GRNT's True Return

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Is GRNT Undervalued?

DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.

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Compare GRNT vs SOC

Side-by-side business, growth, and profitability comparison vs Sable Offshore Corp..

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GRNT — Frequently Asked Questions

Quick answers to the most common questions about buying GRNT stock.

Is GRNT stock overvalued or undervalued?

GRNT trades at 31.1x P/E, below its 5-year average of 128.5x. At the 71th percentile of historical range, the stock is priced at a discount to its own history.

How does GRNT's valuation compare to peers?

Granite Ridge Resources, Inc P/E of 31.1x compares to sector median of 16.8x. The premium reflects expected growth above peers.

What is GRNT's PEG ratio?

GRNT PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 2021-2025.

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GRNT P/E Ratio History (2021–2025)

P/E ratio calculated as closing price divided by trailing 12-month diluted EPS at each quarter end.