Is Permianville Royalty Trust overvalued or undervalued?

As of 31 October 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 EBITDA ratio is also at 20.66, indicating a consistent valuation relative to earnings. Additionally, the Price to Book Value is 1.37, suggesting that the stock is trading at a reasonable premium to its book value.
In comparison to its peers, Permianville Royalty Trust's P/E ratio of 21 is higher than Blackrock TCP Capital Corp.'s risky valuation with a P/E of -51.75, but lower than the very attractive North European Oil Royalty Trust, which has a P/E of 8.64. The recent stock performance shows a year-to-date return of 33.82%, significantly outperforming the S&P 500's 16.30% during the same period, although it has underperformed over the longer three-year horizon. Overall, while the stock is fairly valued, its strong year-to-date performance suggests positive momentum.