Kimbell Royalty Partners, LP (KRP) P/E Ratio History
UndervaluedTrading at 32.1x vs 5Y avg 176.0x · 60th percentile · Below historical baseline · Data 2017–2026
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P/E Ratio Analysis
As of June 22, 2026, Kimbell Royalty Partners, LP (KRP) trades at a price-to-earnings ratio of 32.1x, with a stock price of $14.77 and trailing twelve-month earnings per share of $0.62.
The current P/E is 82% below its 5-year average of 176.0x. Over the past five years, KRP's P/E has ranged from a low of 8.0x to a high of 2705.0x, placing the current valuation at the 60th percentile of its historical range.
Compared to the Energy sector median P/E of 15.4x, KRP trades at a 108% premium to its sector peers. The sector includes 174 companies with P/E ratios ranging from 0.5x to 166.4x.
Relative to the broader market, KRP commands a significant premium over the S&P 500 median P/E of 24.4x. 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 KRP 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.
KRP Cross-Benchmark Valuation
How does the current P/E compare to sector peers and the broader market?
KRP P/E vs Peers
Mineral and royalty interest owners peers sorted by market cap
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $24B | 50.9 | 2.26 | +6% | |
| $1B | 20.8 | 1.44 | -44% | |
| $3B | 10.9 | 0.52 | +11% | |
| $2B | 49.8 | - | -92% | |
| $203M | 4.1Lowest | 4.04 | +49% | |
| $25B | 14.5 | 0.41Best | +49%Best | |
| $69B | 14.3 | - | -19% | |
| $26B | 10.0 | - | -8% | |
| $52B | 32.0 | - | -63% |
Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.
KRP Historical P/E Data (2017–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Period End | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q1 | - | $14.47 | $0.55 | 26.2x | -85% |
| FY2025 Q4 | Dec 31 2025 | $11.76 | $0.66 | 17.8x | -90% |
| FY2025 Q3 | - | $13.49 | $0.17 | 79.4x | -55% |
| FY2025 Q2 | Jun 30 2025 | $13.96 | $0.25 | 55.8x | -68% |
| FY2025 Q1 | Mar 31 2025 | $14.00 | $0.10 | 137.1x | -22% |
| FY2024 Q4 | - | $16.23 | $0.01 | 2705.0x | +1437% |
| FY2024 Q3 | Sep 30 2024 | $16.09 | $0.42 | 38.2x | -78% |
| FY2024 Q2 | Jun 30 2024 | $16.36 | $0.39 | 41.9x | -76% |
| FY2024 Q1 | Mar 31 2024 | $15.52 | $0.55 | 28.3x | -84% |
| FY2023 Q4 | Dec 31 2023 | $15.05 | $0.86 | 17.4x | -90% |
| FY2023 Q3 | Sep 30 2023 | $16.00 | $1.19 | 13.4x | -92% |
| FY2023 Q2 | Jun 30 2023 | $14.71 | $1.58 | 9.3x | -95% |
| FY2023 Q1 | Mar 31 2023 | $15.23 | $1.90 | 8.0x | -95% |
| FY2022 Q4 | Dec 31 2022 | $16.70 | $1.70 | 9.8x | -94% |
| FY2022 Q3 | Sep 30 2022 | $16.98 | $1.73 | 9.8x | -94% |
| FY2022 Q2 | - | $15.68 | $1.26 | 12.4x | -93% |
| FY2022 Q1 | - | $16.26 | $0.79 | 20.7x | -88% |
| FY2021 Q4 | Dec 31 2021 | $13.63 | $0.65 | 21.0x | -88% |
| FY2019 Q1 | Mar 31 2019 | $18.27 | $0.13 | 143.9x | -18% |
| FY2017 Q4 | Dec 31 2017 | $16.25 | $0.13 | 125.0x | -29% |
Average P/E for displayed period: 176.0x
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
9+ years return with dividends reinvested.
DCA Calculator
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Peer Comparison
Compare growth, multiples, and margins vs sector.
KRP — Frequently Asked Questions
Quick answers to the most common questions about buying KRP stock.
What is KRP's P/E ratio?
Kimbell Royalty Partners, LP (KRP) trailing twelve-month P/E ratio is 32.1x, based on TTM diluted EPS of $0.62. The 5-year average P/E is 176.0x and the historical range spans 8.0x to 2705.0x.
Is KRP stock overvalued or undervalued?
KRP trades at 32.1x P/E, below its 5-year average of 176.0x. At the 60th percentile of its historical range (8.0x–2705.0x), the stock is priced at a discount to its own history.
Is KRP stock expensive?
No, KRP is not expensive on a historical basis. The current P/E of 32.1x is below the 5-year average of 176.0x and sits at the 60th percentile of its valuation range.
What is KRP's historical P/E range?
Over the past 5 years, KRP's P/E ratio has ranged from 8.0x to 2705.0x, with a median of 26.2x and an average of 176.0x. The current P/E of 32.1x places the stock at the 60th percentile of this range. Full historical data spans 2017–2026.
How does KRP's P/E compare to the S&P 500?
KRP trades at 32.1x P/E versus the S&P 500 median of 24.4x. The 32% premium to the market typically reflects higher expected earnings growth or quality.
How does KRP's valuation compare to Energy peers?
Kimbell Royalty Partners, LP P/E of 32.1x compares to the Energy sector median of 15.4x. The premium reflects expected growth above peers or stronger fundamentals. See the peer comparison table on this page for ticker-by-ticker P/E and PEG.
What is KRP's PEG ratio?
KRP PEG ratio is N/A, based on a P/E of 32.1x and EPS growth of 100.6%. PEG normalises P/E by growth and helps compare stocks with different earnings trajectories.
What is KRP's earnings yield?
KRP earnings yield is 3.11%, the inverse of its 32.1x P/E ratio. Earnings yield represents the percentage of each dollar invested that the company earns. It can be compared directly to bond yields to assess relative attractiveness of stocks versus fixed income.