Granite Ridge Resources, Inc (GRNT) P/E Ratio History
UndervaluedTrading at 23.9x vs 5Y avg 128.5x · 59th percentile · Below historical baseline · Data 2021–2025
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P/E Ratio Analysis
As of July 7, 2026, Granite Ridge Resources, Inc (GRNT) trades at a price-to-earnings ratio of 23.9x, with a stock price of $4.30 and trailing twelve-month earnings per share of $-0.25.
The current P/E is 81% 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 59th percentile of its historical range.
Compared to the Energy sector median P/E of 16.0x, GRNT trades at a 49% premium to its sector peers. The sector includes 174 companies with P/E ratios ranging from 0.5x to 155.3x.
Relative to the broader market, GRNT trades roughly in line with the S&P 500 median P/E of 25.6x. 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 Cross-Benchmark Valuation
How does the current P/E compare to sector peers and the broader market?
GRNT P/E vs Peers
Non-operated working interest aggregators peers sorted by market cap
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $2B | 3.2Lowest | 0.15Best | -6% | |
| $194M | 3.9 | 3.87 | +49%Best | |
| $1B | 21.1 | 1.46 | -44% | |
| $3B | 10.6 | 0.50 | +11% | |
| $28B | 57.8 | 2.56 | +6% | |
| $28B | 22.0 | - | -47% | |
| $68B | 19.5 | - | -24% |
Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.
GRNT Historical P/E Data (2021–2025)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Period End | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2025 Q4 | Dec 31 2025 | $4.70 | $0.18 | 25.4x | -80% |
| FY2025 Q3 | - | $5.41 | $0.29 | 19.0x | -85% |
| FY2025 Q2 | Jun 30 2025 | $6.37 | $0.24 | 26.1x | -80% |
| FY2025 Q1 | Mar 31 2025 | $6.08 | $0.09 | 65.1x | -49% |
| FY2024 Q4 | - | $6.46 | $0.14 | 46.6x | -64% |
| FY2024 Q3 | Sep 30 2024 | $5.94 | $0.36 | 16.6x | -87% |
| FY2024 Q2 | Jun 30 2024 | $6.33 | $0.42 | 15.1x | -88% |
| FY2024 Q1 | Mar 31 2024 | $6.50 | $0.45 | 14.6x | -89% |
| FY2023 Q4 | Dec 31 2023 | $6.02 | $0.61 | 9.9x | -92% |
| FY2023 Q3 | Sep 30 2023 | $6.10 | $1.42 | 4.3x | -97% |
| FY2023 Q2 | Jun 30 2023 | $6.63 | $1.89 | 3.5x | -97% |
| FY2023 Q1 | Mar 31 2023 | $5.87 | $1.83 | 3.2x | -97% |
| FY2022 Q4 | Dec 31 2022 | $9.03 | $1.54 | 5.9x | -95% |
| FY2022 Q3 | Sep 30 2022 | $9.98 | $0.60 | 16.5x | -87% |
| FY2022 Q2 | - | $9.99 | $0.01 | 818.9x | +537% |
| FY2022 Q1 | - | $9.85 | $0.02 | 529.6x | +312% |
| FY2021 Q4 | Dec 31 2021 | $9.81 | $0.02 | 563.8x | +339% |
Average P/E for displayed period: 128.5x
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
5+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
GRNT — Frequently Asked Questions
Quick answers to the most common questions about buying GRNT stock.
What is GRNT's P/E ratio?
Granite Ridge Resources, Inc (GRNT) trailing twelve-month P/E ratio is 23.9x, based on TTM diluted EPS of $-0.25. The 5-year average P/E is 128.5x and the historical range spans 3.2x to 818.9x.
Is GRNT stock overvalued or undervalued?
GRNT trades at 23.9x P/E, below its 5-year average of 128.5x. At the 59th percentile of its historical range (3.2x–818.9x), the stock is priced at a discount to its own history.
Is GRNT stock expensive?
No, GRNT is not expensive on a historical basis. The current P/E of 23.9x is below the 5-year average of 128.5x and sits at the 59th percentile of its valuation range.
What is GRNT's historical P/E range?
Over the past 5 years, GRNT's P/E ratio has ranged from 3.2x to 818.9x, with a median of 16.6x and an average of 128.5x. The current P/E of 23.9x places the stock at the 59th percentile of this range. Full historical data spans 2021–2025.
How does GRNT's P/E compare to the S&P 500?
GRNT trades at 23.9x P/E versus the S&P 500 median of 25.6x. The 7% discount to the market suggests lower growth expectations or perceived higher risk.
How does GRNT's valuation compare to Energy peers?
Granite Ridge Resources, Inc P/E of 23.9x compares to the Energy sector median of 16.0x. 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 GRNT's PEG ratio?
GRNT PEG ratio is N/A, based on a P/E of 23.9x and EPS growth of 28.6%. PEG normalises P/E by growth and helps compare stocks with different earnings trajectories.
What is GRNT's earnings yield?
GRNT earnings yield is 4.19%, the inverse of its 23.9x 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.