Common Stock Valuation Ratios (Price Multiples)
Quarterly Data
Valuation ratios measure the quantity of an asset or flaw (e.g., earnings) associated with ownership of a specified claim (e.g., a share of ownership of the enterprise).
Historical Valuation Ratios (Summary)
Diamondback Energy Inc., historical price multiples (quarterly data)
Based on: 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).
| Valuation ratio | Description | The company |
|---|---|---|
| P/E ratio | The P/E ratio tells analyst how much an investor in common stock pays per dollar of current earnings. | Diamondback Energy Inc. P/E ratio decreased from Q1 2022 to Q2 2022 but then slightly increased from Q2 2022 to Q3 2022. |
| P/OP ratio | Because P/E ratio is calculated using net income, the ratio can be sensitive to nonrecurring earnings and capital structure, analysts may use price to operating profit. | Diamondback Energy Inc. P/OP ratio decreased from Q1 2022 to Q2 2022 but then increased from Q2 2022 to Q3 2022 not reaching Q1 2022 level. |
| P/S ratio | An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. | Diamondback Energy Inc. P/S ratio decreased from Q1 2022 to Q2 2022 but then increased from Q2 2022 to Q3 2022 not reaching Q1 2022 level. |
| P/BV ratio | The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company required rate of return and its actual rate of return. | Diamondback Energy Inc. P/BV ratio decreased from Q1 2022 to Q2 2022 but then increased from Q2 2022 to Q3 2022 exceeding Q1 2022 level. |
Price to Earnings (P/E)
Diamondback Energy Inc., historical P/E calculation (quarterly data)
| Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| No. shares of common stock outstanding1 | 175,998,577 | 173,441,061 | 177,492,631 | 177,414,969 | 181,174,549 | 181,053,648 | 180,997,368 | 158,015,647 | 157,972,650 | 157,824,088 | 157,815,843 | 158,284,486 | 160,444,608 | 163,043,443 | 164,672,205 | 164,381,522 | 101,257,911 | 98,621,440 | 98,611,408 | 98,167,289 | 98,167,289 | 98,132,793 | 98,128,043 | |||||||
| Selected Financial Data (US$) | ||||||||||||||||||||||||||||||
| Net income (loss) attributable to Diamondback Energy, Inc. (in millions) | 1,184) | 1,416) | 779) | 1,002) | 649) | 311) | 220) | (739) | (1,113) | (2,393) | (272) | (487) | 368) | 349) | 10) | 307) | 157) | 219) | 163) | 115) | 73) | 158) | 136) | |||||||
| Earnings per share (EPS)2 | 24.89 | 22.17 | 15.44 | 12.30 | 2.43 | -7.30 | -22.24 | -28.59 | -27.00 | -17.64 | -0.27 | 1.52 | 6.44 | 5.05 | 4.21 | 5.14 | 6.45 | 5.78 | 5.16 | 4.91 | 0.00 | 0.00 | 0.00 | |||||||
| Share price1, 3 | 163.55 | 121.38 | 138.59 | 127.89 | 112.76 | 79.83 | 84.21 | 69.06 | 26.20 | 44.67 | 42.08 | 59.48 | 77.20 | 96.42 | 107.89 | 105.29 | 115.87 | 131.15 | 129.79 | 125.15 | 111.80 | 95.84 | 95.21 | |||||||
| Valuation Ratio | ||||||||||||||||||||||||||||||
| P/E ratio4 | 6.57 | 5.47 | 8.97 | 10.40 | 46.32 | — | — | — | — | — | — | 39.23 | 11.98 | 19.11 | 25.64 | 20.47 | 17.95 | 22.71 | 25.15 | 25.48 | — | — | — | |||||||
| Benchmarks | ||||||||||||||||||||||||||||||
| P/E Ratio, Competitors5 | ||||||||||||||||||||||||||||||
| Chevron Corp. | 10.25 | 10.19 | 16.06 | 16.81 | 22.09 | 54.58 | — | — | — | — | 43.40 | 70.06 | — | — | — | — | — | — | — | — | — | — | — | |||||||
| ConocoPhillips | 9.23 | 7.19 | 10.35 | 14.66 | 20.66 | 40.48 | 3,758.13 | — | — | 17.58 | 12.13 | 8.77 | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Exxon Mobil Corp. | 8.70 | 9.74 | 14.98 | 14.11 | — | — | — | — | 42.32 | 25.86 | 16.34 | 15.64 | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Marathon Petroleum Corp. | 4.67 | 5.70 | 4.63 | 4.32 | 4.30 | 4.53 | — | — | — | — | — | 11.68 | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Occidental Petroleum Corp. | 5.61 | 5.94 | 8.51 | 23.89 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Valero Energy Corp. | 5.18 | 6.10 | 18.57 | 37.78 | — | — | — | — | — | 21.41 | 62.84 | 12.12 | — | — | — | — | — | — | — | — | — | — | — | |||||||
Based on: 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).
1 Data adjusted for splits and stock dividends.
2 Q3 2022 Calculation
EPS
= (Net income (loss) attributable to Diamondback Energy, Inc.Q3 2022
+ Net income (loss) attributable to Diamondback Energy, Inc.Q2 2022
+ Net income (loss) attributable to Diamondback Energy, Inc.Q1 2022
+ Net income (loss) attributable to Diamondback Energy, Inc.Q4 2021)
÷ No. shares of common stock outstanding
= (1,184,000,000 + 1,416,000,000 + 779,000,000 + 1,002,000,000)
÷ 175,998,577 = 24.89
3 Closing price as at the filing date of Diamondback Energy Inc. Quarterly or Annual Report.
4 Q3 2022 Calculation
P/E ratio = Share price ÷ EPS
= 163.55 ÷ 24.89 = 6.57
5 Click competitor name to see calculations.
| Valuation ratio | Description | The company |
|---|---|---|
| P/E ratio | The P/E ratio tells analyst how much an investor in common stock pays per dollar of current earnings. | Diamondback Energy Inc. P/E ratio decreased from Q1 2022 to Q2 2022 but then slightly increased from Q2 2022 to Q3 2022. |
Price to Operating Profit (P/OP)
Diamondback Energy Inc., historical P/OP calculation (quarterly data)
| Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| No. shares of common stock outstanding1 | 175,998,577 | 173,441,061 | 177,492,631 | 177,414,969 | 181,174,549 | 181,053,648 | 180,997,368 | 158,015,647 | 157,972,650 | 157,824,088 | 157,815,843 | 158,284,486 | 160,444,608 | 163,043,443 | 164,672,205 | 164,381,522 | 101,257,911 | 98,621,440 | 98,611,408 | 98,167,289 | 98,167,289 | 98,132,793 | 98,128,043 | |||||||
| Selected Financial Data (US$) | ||||||||||||||||||||||||||||||
| Income (loss) from operations (in millions) | 1,614) | 1,978) | 1,660) | 1,311) | 1,164) | 955) | 571) | (746) | (1,256) | (2,672) | (802) | (384) | 349) | 411) | 319) | 195) | 267) | 281) | 268) | 214) | 143) | 132) | 116) | |||||||
| Operating profit per share2 | 37.29 | 35.25 | 28.68 | 22.55 | 10.73 | -2.63 | -22.67 | -34.65 | -32.37 | -22.23 | -2.70 | 4.39 | 7.94 | 7.31 | 6.45 | 6.15 | 10.17 | 9.18 | 7.67 | 6.16 | 0.00 | 0.00 | 0.00 | |||||||
| Share price1, 3 | 163.55 | 121.38 | 138.59 | 127.89 | 112.76 | 79.83 | 84.21 | 69.06 | 26.20 | 44.67 | 42.08 | 59.48 | 77.20 | 96.42 | 107.89 | 105.29 | 115.87 | 131.15 | 129.79 | 125.15 | 111.80 | 95.84 | 95.21 | |||||||
| Valuation Ratio | ||||||||||||||||||||||||||||||
| P/OP ratio4 | 4.39 | 3.44 | 4.83 | 5.67 | 10.51 | — | — | — | — | — | — | 13.55 | 9.72 | 13.19 | 16.73 | 17.12 | 11.40 | 14.29 | 16.92 | 20.31 | — | — | — | |||||||
| Benchmarks | ||||||||||||||||||||||||||||||
| P/OP Ratio, Competitors5 | ||||||||||||||||||||||||||||||
| Chevron Corp. | 7.34 | 7.23 | 11.13 | 11.40 | 14.10 | 26.00 | — | — | — | — | 24.46 | 30.35 | — | — | — | — | — | — | — | — | — | — | — | |||||||
| ConocoPhillips | 5.96 | 4.72 | 6.75 | 8.66 | 11.68 | 17.96 | 71.79 | — | 6,288.41 | 10.11 | 7.27 | 6.04 | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Exxon Mobil Corp. | 6.28 | 6.76 | 10.28 | 9.86 | — | — | — | — | 22.63 | 16.35 | 10.60 | 10.14 | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Marathon Petroleum Corp. | 3.02 | 3.55 | 8.64 | 9.79 | 13.66 | 67.39 | 310.45 | — | — | — | — | 5.52 | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Occidental Petroleum Corp. | 4.91 | 5.18 | 7.42 | 7.96 | 33.61 | — | — | — | — | — | — | 45.37 | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Valero Energy Corp. | 3.76 | 4.36 | 11.28 | 16.50 | 487.32 | — | 944.75 | — | 23.43 | 10.75 | 21.60 | 7.65 | — | — | — | — | — | — | — | — | — | — | — | |||||||
Based on: 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).
1 Data adjusted for splits and stock dividends.
2 Q3 2022 Calculation
Operating profit per share
= (Income (loss) from operationsQ3 2022
+ Income (loss) from operationsQ2 2022
+ Income (loss) from operationsQ1 2022
+ Income (loss) from operationsQ4 2021)
÷ No. shares of common stock outstanding
= (1,614,000,000 + 1,978,000,000 + 1,660,000,000 + 1,311,000,000)
÷ 175,998,577 = 37.29
3 Closing price as at the filing date of Diamondback Energy Inc. Quarterly or Annual Report.
4 Q3 2022 Calculation
P/OP ratio = Share price ÷ Operating profit per share
= 163.55 ÷ 37.29 = 4.39
5 Click competitor name to see calculations.
| Valuation ratio | Description | The company |
|---|---|---|
| P/OP ratio | Because P/E ratio is calculated using net income, the ratio can be sensitive to nonrecurring earnings and capital structure, analysts may use price to operating profit. | Diamondback Energy Inc. P/OP ratio decreased from Q1 2022 to Q2 2022 but then increased from Q2 2022 to Q3 2022 not reaching Q1 2022 level. |
Price to Sales (P/S)
Diamondback Energy Inc., historical P/S calculation (quarterly data)
| Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| No. shares of common stock outstanding1 | 175,998,577 | 173,441,061 | 177,492,631 | 177,414,969 | 181,174,549 | 181,053,648 | 180,997,368 | 158,015,647 | 157,972,650 | 157,824,088 | 157,815,843 | 158,284,486 | 160,444,608 | 163,043,443 | 164,672,205 | 164,381,522 | 101,257,911 | 98,621,440 | 98,611,408 | 98,167,289 | 98,167,289 | 98,132,793 | 98,128,043 | |||||||
| Selected Financial Data (US$) | ||||||||||||||||||||||||||||||
| Revenue from contracts with customers (in millions) | 2,417) | 2,752) | 2,389) | 2,011) | 1,897) | 1,667) | 1,172) | 754) | 707) | 412) | 883) | 1,089) | 956) | 1,000) | 842) | 621) | 527) | 515) | 467) | 387) | 299) | 267) | 232) | |||||||
| Sales per share2 | 54.37 | 52.17 | 44.87 | 38.03 | 30.30 | 23.75 | 16.82 | 17.44 | 19.57 | 21.16 | 24.89 | 24.56 | 21.31 | 18.34 | 15.21 | 12.96 | 18.72 | 16.91 | 14.41 | 12.08 | 0.00 | 0.00 | 0.00 | |||||||
| Share price1, 3 | 163.55 | 121.38 | 138.59 | 127.89 | 112.76 | 79.83 | 84.21 | 69.06 | 26.20 | 44.67 | 42.08 | 59.48 | 77.20 | 96.42 | 107.89 | 105.29 | 115.87 | 131.15 | 129.79 | 125.15 | 111.80 | 95.84 | 95.21 | |||||||
| Valuation Ratio | ||||||||||||||||||||||||||||||
| P/S ratio4 | 3.01 | 2.33 | 3.09 | 3.36 | 3.72 | 3.36 | 5.01 | 3.96 | 1.34 | 2.11 | 1.69 | 2.42 | 3.62 | 5.26 | 7.09 | 8.13 | 6.19 | 7.75 | 9.01 | 10.36 | — | — | — | |||||||
| Benchmarks | ||||||||||||||||||||||||||||||
| P/S Ratio, Competitors5 | ||||||||||||||||||||||||||||||
| Chevron Corp. | 1.54 | 1.44 | 1.86 | 1.69 | 1.63 | 1.69 | 2.19 | 2.09 | 1.29 | 1.42 | 1.24 | 1.46 | — | — | — | — | — | — | — | — | — | — | — | |||||||
| ConocoPhillips | 2.22 | 1.75 | 2.47 | 2.58 | 2.67 | 2.56 | 3.35 | 3.52 | 1.50 | 1.66 | 1.48 | 1.94 | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Exxon Mobil Corp. | 1.17 | 1.08 | 1.26 | 1.17 | 1.12 | 1.12 | 1.43 | 1.34 | 0.72 | 0.87 | 0.75 | 0.88 | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Marathon Petroleum Corp. | 0.32 | 0.29 | 0.37 | 0.35 | 0.39 | 0.40 | 0.55 | 0.51 | 0.25 | 0.26 | 0.17 | 0.25 | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Occidental Petroleum Corp. | 1.87 | 1.80 | 1.92 | 1.40 | 1.42 | 1.26 | 1.51 | 1.39 | 0.57 | 0.71 | 0.52 | 1.44 | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Valero Energy Corp. | 0.29 | 0.28 | 0.36 | 0.31 | 0.34 | 0.34 | 0.48 | 0.48 | 0.19 | 0.26 | 0.25 | 0.27 | — | — | — | — | — | — | — | — | — | — | — | |||||||
Based on: 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).
1 Data adjusted for splits and stock dividends.
2 Q3 2022 Calculation
Sales per share
= (Revenue from contracts with customersQ3 2022
+ Revenue from contracts with customersQ2 2022
+ Revenue from contracts with customersQ1 2022
+ Revenue from contracts with customersQ4 2021)
÷ No. shares of common stock outstanding
= (2,417,000,000 + 2,752,000,000 + 2,389,000,000 + 2,011,000,000)
÷ 175,998,577 = 54.37
3 Closing price as at the filing date of Diamondback Energy Inc. Quarterly or Annual Report.
4 Q3 2022 Calculation
P/S ratio = Share price ÷ Sales per share
= 163.55 ÷ 54.37 = 3.01
5 Click competitor name to see calculations.
| Valuation ratio | Description | The company |
|---|---|---|
| P/S ratio | An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. | Diamondback Energy Inc. P/S ratio decreased from Q1 2022 to Q2 2022 but then increased from Q2 2022 to Q3 2022 not reaching Q1 2022 level. |
Price to Book Value (P/BV)
Diamondback Energy Inc., historical P/BV calculation (quarterly data)
| Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| No. shares of common stock outstanding1 | 175,998,577 | 173,441,061 | 177,492,631 | 177,414,969 | 181,174,549 | 181,053,648 | 180,997,368 | 158,015,647 | 157,972,650 | 157,824,088 | 157,815,843 | 158,284,486 | 160,444,608 | 163,043,443 | 164,672,205 | 164,381,522 | 101,257,911 | 98,621,440 | 98,611,408 | 98,167,289 | 98,167,289 | 98,132,793 | 98,128,043 | |||||||
| Selected Financial Data (US$) | ||||||||||||||||||||||||||||||
| Total Diamondback Energy, Inc. stockholders’ equity (in millions) | 13,843) | 13,316) | 12,743) | 12,088) | 11,483) | 10,926) | 10,673) | 8,794) | 9,552) | 10,714) | 12,826) | 13,249) | 14,050) | 14,004) | 13,773) | 13,699) | 5,933) | 5,631) | 5,417) | 5,255) | 4,899) | 4,818) | 4,652) | |||||||
| Book value per share (BVPS)2 | 78.65 | 76.78 | 71.79 | 68.13 | 63.38 | 60.35 | 58.97 | 55.65 | 60.47 | 67.89 | 81.27 | 83.70 | 87.57 | 85.89 | 83.64 | 83.34 | 58.60 | 57.10 | 54.93 | 53.53 | 49.90 | 49.09 | 47.41 | |||||||
| Share price1, 3 | 163.55 | 121.38 | 138.59 | 127.89 | 112.76 | 79.83 | 84.21 | 69.06 | 26.20 | 44.67 | 42.08 | 59.48 | 77.20 | 96.42 | 107.89 | 105.29 | 115.87 | 131.15 | 129.79 | 125.15 | 111.80 | 95.84 | 95.21 | |||||||
| Valuation Ratio | ||||||||||||||||||||||||||||||
| P/BV ratio4 | 2.08 | 1.58 | 1.93 | 1.88 | 1.78 | 1.32 | 1.43 | 1.24 | 0.43 | 0.66 | 0.52 | 0.71 | 0.88 | 1.12 | 1.29 | 1.26 | 1.98 | 2.30 | 2.36 | 2.34 | 2.24 | 1.95 | 2.01 | |||||||
| Benchmarks | ||||||||||||||||||||||||||||||
| P/BV Ratio, Competitors5 | ||||||||||||||||||||||||||||||
| Chevron Corp. | 2.21 | 1.93 | 2.25 | 1.89 | 1.61 | 1.47 | 1.59 | 1.50 | 1.02 | 1.21 | 1.17 | 1.42 | 1.48 | 1.45 | 1.43 | — | — | — | — | — | — | — | — | |||||||
| ConocoPhillips | 3.40 | 2.28 | 2.70 | 2.61 | 2.19 | 1.69 | 1.74 | 2.22 | 1.02 | 1.28 | 1.40 | 1.80 | 1.72 | 1.98 | 2.11 | — | — | — | — | — | — | — | — | |||||||
| Exxon Mobil Corp. | 2.43 | 2.14 | 2.28 | 1.93 | 1.69 | 1.52 | 1.64 | 1.53 | 0.79 | 1.03 | 1.02 | 1.17 | 1.59 | 1.56 | 1.71 | — | — | — | — | — | — | — | — | |||||||
| Marathon Petroleum Corp. | 2.12 | 1.77 | 2.09 | 1.61 | 1.41 | 1.20 | 1.80 | 1.60 | 0.92 | 1.06 | 0.83 | 0.91 | 1.31 | 0.98 | 1.03 | — | — | — | — | — | — | — | — | |||||||
| Occidental Petroleum Corp. | 2.37 | 2.18 | 2.24 | 1.79 | 1.67 | 1.35 | 1.36 | 1.33 | 0.57 | 0.66 | 0.39 | 0.86 | 1.10 | 1.80 | 2.07 | — | — | — | — | — | — | — | — | |||||||
| Valero Energy Corp. | 2.23 | 2.06 | 2.51 | 1.91 | 1.84 | 1.57 | 1.70 | 1.65 | 0.77 | 1.16 | 1.43 | 1.35 | 1.97 | 1.49 | 1.65 | — | — | — | — | — | — | — | — | |||||||
Based on: 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).
1 Data adjusted for splits and stock dividends.
2 Q3 2022 Calculation
BVPS = Total Diamondback Energy, Inc. stockholders’ equity ÷ No. shares of common stock outstanding
= 13,843,000,000 ÷ 175,998,577 = 78.65
3 Closing price as at the filing date of Diamondback Energy Inc. Quarterly or Annual Report.
4 Q3 2022 Calculation
P/BV ratio = Share price ÷ BVPS
= 163.55 ÷ 78.65 = 2.08
5 Click competitor name to see calculations.
| Valuation ratio | Description | The company |
|---|---|---|
| P/BV ratio | The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company required rate of return and its actual rate of return. | Diamondback Energy Inc. P/BV ratio decreased from Q1 2022 to Q2 2022 but then increased from Q2 2022 to Q3 2022 exceeding Q1 2022 level. |