Is Permianville Royalty Trust overvalued or undervalued?

As of 7 July 2025, the valuation grade for Permianville Royalty Trust has moved from expensive to fair. Based on the current metrics, the company appears to be fairly valued. The P/E ratio stands at 21, while the EV to EBIT and EV to EBITDA ratios are both 20.66, indicating a valuation that aligns with its earnings potential.
In comparison with peers, Blackrock TCP Capital Corp. is deemed risky with a P/E of -51.75, while North European Oil Royalty Trust is considered very attractive with a P/E of 8.64. This suggests that Permianville Royalty Trust is positioned more favorably than some peers but less so than others. Notably, the stock has outperformed the S&P 500 year-to-date, returning 48.90% compared to the index's 12.22%, reinforcing the notion of its fair valuation amidst a competitive landscape.