Black Stone Minerals, L.P. Ratios | P/E, ROE & Valuation

On the Key Ratios page for Black Stone Minerals, L.P. (BSM), the latest P/E of 12.4 frames valuation, while ROE 25.56% and ROIC 23.83% indicates profitability and capital efficiency. Together with the current ratio of 3.76 and debt-to-equity 0.18, these signals help you judge whether valuation is supported by fundamentals across the historical rows.

Financial Performance Ratios

BSM Historical Per Share Metrics

10 years
Metric (FY)TTM202420232022202120202019201820172016
Revenue per Share$2.28$2.09$2.39$3.17$2.43$1.44$2.37$2.80$2.23$1.36
Net Income per Share$1.33$1.29$2.01$2.28$0.87$0.59$1.04$1.36$0.82$0.11
Operating Cash Flow per Share$1.51$1.85$2.48$2.03$1.23$1.36$2.00$1.77$1.46$1.03
Free Cash Flow per Share$1.22$1.83$2.39$1.97$1.16$1.34$1.46$0.40$-1.05$-0.13
Cash per Share$0.01$0.01$0.33$0.02$0.04$0.01$0.04$0.02$0.03$0.05
Book Value per Share$5.24$5.36$5.80$5.78$5.11$5.12$5.33$5.53$5.66$3.80
Tangible Book Value per Share$5.24$5.36$5.80$5.78$5.11$5.12$5.33$5.53$5.66$3.80
Interest Debt per Share$0.98$0.13$0.01$0.08$0.45$0.64$2.02$1.98$2.10$1.69
CAPEX per Share$0.29$0.02$0.09$0.06$0.07$0.02$0.54$1.37$2.52$1.16

BSM Historical Valuation Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Price to Earnings (P/E)12.3711.347.957.4111.8211.3312.2211.421.98177.77
Price to Book (P/B)2.852.722.762.922.021.32.392.83.174.96
Price to Sales (P/S)6.5676.75.324.254.655.375.538.0413.77
Enterprise Value to EBITDA10.069.696.966.668.976.968.698.5313.2429.72
EV to Sales6.977.056.565.334.415.066.166.198.9314.94
EV to Operating Cash Flow10.527.966.318.328.685.327.289.7913.6119.82
EV to Free Cash Flow13.038.056.568.589.215.429.9742.86-18.93-155.36
Enterprise Value$3.37B$3.10B$3.29B$3.54B$2.23B$1.50B$3.01B$3.77B$3.84B$3.90B

BSM Historical Profitability Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Return on Equity (ROE)25.56%24.02%34.71%39.38%17.11%11.50%19.54%24.57%14.43%2.79%
Return on Invested Capital (ROIC)23.83%22.98%34.13%38.90%20.84%10.97%11.74%19.02%11.35%2.60%
Return on Tangible Assets20.76%22.26%33.35%37.49%14.58%9.79%13.87%16.89%9.97%1.79%
Earnings Yield8.93%8.82%12.59%13.49%8.46%8.82%8.18%8.77%4.55%0.56%
Free Cash Flow Yield8.14%12.51%14.94%11.68%11.26%20.06%11.50%2.61%-5.87%-0.70%
Dividend Yield8.17%11.87%12.50%9.72%9.20%11.68%12.54%7.97%5.75%5.08%

BSM Historical Liquidity & Financial Strength

10 years
Metric (FY)TTM202420232022202120202019201820172016
Current Ratio3.762.587.485.641.41.673.432.431.471.11
Interest Coverage25.7187.84153.8176.7633.2312.695.8915.3410.963.64
Income Quality1.131.431.230.891.412.311.931.31.799.74
Debt to Equity0.180.0200.010.080.110.360.340.360.44
Debt to Assets14.35%2.05%0.00%0.79%7.13%9.73%25.50%23.43%24.61%27.99%
Net Debt to EBITDA0.580.07-0.150.010.320.551.120.911.322.34

BSM Historical Efficiency Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Receivables Turnover6.816.186.094.895.214.796.245.395.323.83
Payables Turnover25.318.2518.718.6620.8440.9535.3749.5172.7637.83
Inventory Turnover0004.02000000
Days Sales Outstanding53.6359.0559.9174.6470.1176.1758.5267.7568.5595.41
Days Payables Outstanding14.432019.5219.5617.518.9110.327.375.029.65
Days of Inventory on Hand00090.87000000

BSM Historical Market Metrics

10 years
Metric (FY)TTM202420232022202120202019201820172016
Enterprise Value to EBITDA10.069.696.966.668.976.968.698.5313.2429.72
Market Cap$3.17B$3.08B$3.36B$3.53B$2.15B$1.38B$2.62B$3.37B$3.45B$3.59B
Enterprise Value$3.37B$3.10B$3.29B$3.54B$2.23B$1.50B$3.01B$3.77B$3.84B$3.90B
Dividend Yield8.17%11.87%12.50%9.72%9.20%11.68%12.54%7.97%5.75%5.08%
Payout Ratio100.16%134.55%99.36%72.07%108.76%132.44%153.20%90.85%126.33%902.61%

Frequently Asked Questions

How does Black Stone Minerals, L.P.’s P/E ratio compare with its history?

On this page, BSM's current P/E is 12.4, compared with a multi-year average around 28.6. A lower P/E versus its own history is a calculated gap versus that average—not a conclusion that the stock is cheap. Pair it with profitability and earnings quality in the table (for example ROE/ROIC) to see whether the multiple moved with earnings.

What is Black Stone Minerals, L.P. market cap?

Market cap is the market value of a company's equity and is commonly calculated as share price multiplied by shares outstanding. The latest market cap shown in the table is $3.17B. Pair market cap with valuation multiples (P/E, P/B, P/S) so you can evaluate whether size also corresponds with "quality" and profitability. For a wider view across stocks, you can also use the stock screener.

How does Black Stone Minerals, L.P.’s P/E compare with its industry?

There is no P/E Tickerplace rates as good. Compare the P/E on this page with Black Stone Minerals, L.P.'s own historical range (in the table) and with peers via the Screener and Compare tools. A higher or lower multiple versus peers is a calculated gap, not a recommendation.

How does Black Stone Minerals, L.P. compare to its competitors in key financial ratios?

The fastest way to compare Black Stone Minerals, L.P. with competitors is to use the built-in "Peers Comparison" section on this page and the Compare tool. Focus on a small set of ratios that work together: P/E for valuation, ROE/ROIC for profitability and capital efficiency, current ratio and interest coverage for liquidity and solvency, and debt-to-equity for leverage risk. When you see Black Stone Minerals, L.P. outperform peers on profitability while keeping valuation and leverage reasonable, it often signals stronger fundamentals.

What do Black Stone Minerals, L.P.'s liquidity and leverage ratios show?

Liquidity and leverage figures on this page are published ratios, not a verdict that Black Stone Minerals, L.P. is financially strong. Current ratio is about 3.76, which is above 1.0 and can indicate more comfortable short-term liquidity. Interest coverage is about 25.71, implying a stronger ability to cover interest expenses. Debt-to-equity is about 0.18, suggesting leverage is more moderate relative to a high-debt profile. Pair them with ROE/ROIC and cash-flow rows in the table. Tickerplace does not rate the company as a good or poor investment.

What do Black Stone Minerals, L.P.'s financial ratios say about its future growth?

Ratios are a way to see what the business is likely to sustain. Look for upward trends in profitability metrics (ROE and ROIC), improving earnings/cash-flow backed measures, and stable or strengthening liquidity. If Black Stone Minerals, L.P. is sustaining strong returns (for example ROE at 25.56% and ROIC at 23.83%) while debt levels and interest coverage remain manageable, growth expectations may be more credible. If valuation multiples expand while returns weaken, the market may be pricing optimistic growth ahead of results.