Black Stone Minerals (BSM) Price to Book (2015 - 2026)
Black Stone Minerals' (BSM) quarterly Price to Book came in at 3.66 in Q2 2026, up 5.81% year-over-year from 3.45 in Q2 2025, and down 12.04% quarter-over-quarter from 4.16 in Q1 2026.
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Black Stone Minerals (BSM) Price to Book (2015 - 2026) Analysis & Trends
Black Stone Minerals (BSM) has reported Price to Book for 12 consecutive years, with 3.66 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Price to Book rose 5.81% year-over-year to 3.66 in Q2 2026; TTM through Jun 2026 was 3.66, a 5.81% increase from a year earlier, with the FY2025 full-year figure at 3.41, down 8.35% from the prior year.
- Price to Book was 3.66 for Q2 2026 at Black Stone Minerals, down from 4.16 in the prior quarter.
- Over five years, Price to Book peaked at 4.23 in Q1 2025 and troughed at 3.38 in Q3 2025.
- A 5-year average of 3.78 and a median of 3.78 in 2024 frame the typical range for Price to Book.
- Across the five-year window, Price to Book surged 64.33% in 2022 and dropped 12.97% in 2023, its largest moves.
- Over 5 years, Price to Book stood at 3.88 in 2022, then declined by 5.81% to 3.66 in 2023, then gained by 1.72% to 3.72 in 2024, then fell by 8.35% to 3.41 in 2025, then gained by 7.24% to 3.66 in 2026.
- The last three Price to Book figures came in at 3.66 (Q2 2026), 4.16 (Q1 2026), and 3.41 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Viper Energy | 15.81 Bn | 20.98 Bn | - |
| 2 | Black Stone Minerals | 3.12 Bn | 3.11 Bn | - |
| 3 | Natural Resource Partners | 1.51 Bn | 1.48 Bn | 47.24 Mn |
| 4 | Kimbell Royalty Partners | 1.50 Bn | 1.46 Bn | - |
| 5 | Dorchester Minerals | 1.43 Bn | 1.36 Bn | - |
| 6 | Evolution Petroleum | 131.82 Mn | 126.78 Mn | 7.21 Mn |
| 7 | Altex Industries | 1.90 Mn | 1.90 Mn | - |
| 8 | Mentor Capital | 827,678.86 | 91,860.86 | 65,595.00 |
| 9 | Leopard Energy | 165,479.20 | 149,827.20 | 1,715.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.66 |
| Mar 31, 2026 | 4.16 |
| Dec 31, 2025 | 3.41 |
| Sep 30, 2025 | 3.38 |
| Jun 30, 2025 | 3.45 |
| Mar 31, 2025 | 4.23 |
| Dec 31, 2024 | 3.72 |
| Sep 30, 2024 | 3.67 |
| Jun 30, 2024 | 3.84 |
| Mar 31, 2024 | 3.85 |
| Dec 31, 2023 | 3.66 |
| Sep 30, 2023 | 4.13 |
| Jun 30, 2023 | 3.66 |
| Mar 31, 2023 | 3.51 |
| Dec 31, 2022 | 3.88 |
| Sep 30, 2022 | 3.98 |
| Jun 30, 2022 | 3.85 |
| Mar 31, 2022 | 4.03 |
| Dec 31, 2021 | 2.82 |
| Sep 30, 2021 | 3.66 |