stockrowBlack Stone Minerals, L.P.
BSM Energy Oil & Gas E&P
Black Stone Minerals, L.P.’s revenue for fiscal 2025 (year ended December 2025) was $469.9 million, up 8.35% from fiscal 2024.
- Revenue
- −24.7%
- EPS
- −38.5%
- Free cash flow
- −4.44%
- Total debt
- +105.3%
Quarter to September 2026, against a year earlier
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Black Stone Minerals, L.P. (BSM) P/B ratio
As of 5 November 2026, Black Stone Minerals, L.P. (BSM) trades at a P/B ratio of 3.9×. Over the past ten years it has ranged from 1.1× (March 2020) to 5.5× (January 2017); the current reading is higher than 57% of that period. That is above the Oil & Gas E&P industry median of 1.2× and above the Energy sector median of 1.4×.
P/B ratio, daily
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Annual newest first
| Period | P/B ratio | Change |
|---|---|---|
| FY2025 | 3.4× | (8.44%) |
| FY2024 | 3.7× | 1.48% |
| FY2023 | 3.7× | 1.00% |
| FY2022 | 3.6× | 28.84% |
| FY2021 | 2.8× | 54.79% |
| FY2020 | 1.8× | (44.67%) |
| FY2019 | 3.3× | (5.19%) |
| FY2018 | 3.5× | (23.21%) |
| FY2017 | 4.5× | (17.03%) |
| FY2016 | 5.4× | 63.67% |
Quarterly newest first
| Period | P/B ratio | Change |
|---|---|---|
| Sep 2026 | 3.8× | 5.25% |
| Jun 2026 | 3.7× | (12.03%) |
| Mar 2026 | 4.2× | 22.23% |
| Dec 2025 | 3.4× | 0.66% |
| 43 more quarters | Free account |
Against its own ten years
P/B ratio against peers
| Company | P/B ratio |
|---|---|
| CRGY Crescent Energy Company compare | 0.7× |
| BKV BKV Corporation compare | 0.8× |
| NOG Northern Oil and Gas, Inc. compare | 1.2× |
| CRK Comstock Resources, Inc. compare | 1.2× |
| TALO Talos Energy Inc. compare | 1.3× |
| CRC California Resources Corporation compare | 1.3× |
| GPOR Gulfport Energy Corporation compare | 1.5× |
| KRP Kimbell Royalty compare | 1.9× |
| BSM Black Stone Minerals, L.P. | 3.9× |
| Oil & Gas E&P industry median | 1.2× |
| Energy sector median | 1.4× |
| Market median | 1.7× |
What P/B ratio is
Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.
Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))
More on BSM
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Beneish M-score
- The full statement