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DMLP vs. PBT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between DMLP and PBT is 0.34, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.3

Performance

DMLP vs. PBT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dorchester Minerals, L.P. (DMLP) and Permian Basin Royalty Trust (PBT). The values are adjusted to include any dividend payments, if applicable.

-10.00%0.00%10.00%20.00%30.00%JulyAugustSeptemberOctoberNovemberDecember
13.00%
-3.22%
DMLP
PBT

Key characteristics

Sharpe Ratio

DMLP:

0.74

PBT:

-0.56

Sortino Ratio

DMLP:

1.11

PBT:

-0.57

Omega Ratio

DMLP:

1.14

PBT:

0.93

Calmar Ratio

DMLP:

1.09

PBT:

-0.42

Martin Ratio

DMLP:

2.28

PBT:

-1.19

Ulcer Index

DMLP:

7.06%

PBT:

20.92%

Daily Std Dev

DMLP:

21.84%

PBT:

44.17%

Max Drawdown

DMLP:

-72.35%

PBT:

-83.08%

Current Drawdown

DMLP:

-3.89%

PBT:

-58.38%

Fundamentals

Market Cap

DMLP:

$1.58B

PBT:

$561.17M

EPS

DMLP:

$2.80

PBT:

$0.78

PE Ratio

DMLP:

11.93

PBT:

15.44

PEG Ratio

DMLP:

0.00

PBT:

0.00

Total Revenue (TTM)

DMLP:

$172.23M

PBT:

$37.74M

Gross Profit (TTM)

DMLP:

$136.64M

PBT:

$37.74M

EBITDA (TTM)

DMLP:

$146.13M

PBT:

$36.27M

Returns By Period

In the year-to-date period, DMLP achieves a 15.68% return, which is significantly higher than PBT's -20.89% return. Over the past 10 years, DMLP has outperformed PBT with an annualized return of 13.03%, while PBT has yielded a comparatively lower 7.67% annualized return.


DMLP

YTD

15.68%

1M

-1.84%

6M

13.00%

1Y

16.41%

5Y*

24.33%

10Y*

13.03%

PBT

YTD

-20.89%

1M

-19.36%

6M

-3.22%

1Y

-21.09%

5Y*

27.72%

10Y*

7.67%

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Risk-Adjusted Performance

DMLP vs. PBT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Dorchester Minerals, L.P. (DMLP) and Permian Basin Royalty Trust (PBT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratio
The chart of Sharpe ratio for DMLP, currently valued at 0.74, compared to the broader market-4.00-2.000.002.000.74-0.56
The chart of Sortino ratio for DMLP, currently valued at 1.11, compared to the broader market-4.00-2.000.002.004.001.11-0.57
The chart of Omega ratio for DMLP, currently valued at 1.14, compared to the broader market0.501.001.502.001.140.93
The chart of Calmar ratio for DMLP, currently valued at 1.09, compared to the broader market0.002.004.006.001.09-0.42
The chart of Martin ratio for DMLP, currently valued at 2.28, compared to the broader market0.0010.0020.002.28-1.19
DMLP
PBT

The current DMLP Sharpe Ratio is 0.74, which is higher than the PBT Sharpe Ratio of -0.56. The chart below compares the historical Sharpe Ratios of DMLP and PBT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.50-1.00-0.500.000.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
0.74
-0.56
DMLP
PBT

Dividends

DMLP vs. PBT - Dividend Comparison

DMLP's dividend yield for the trailing twelve months is around 10.55%, more than PBT's 5.95% yield.


TTM20232022202120202019201820172016201520142013
DMLP
Dorchester Minerals, L.P.
10.55%10.67%11.68%7.75%12.75%10.32%11.86%7.61%4.88%11.67%7.46%6.67%
PBT
Permian Basin Royalty Trust
5.95%4.30%4.56%2.28%7.10%10.83%11.20%7.09%5.40%6.82%10.73%6.75%

Drawdowns

DMLP vs. PBT - Drawdown Comparison

The maximum DMLP drawdown since its inception was -72.35%, smaller than the maximum PBT drawdown of -83.08%. Use the drawdown chart below to compare losses from any high point for DMLP and PBT. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-3.89%
-58.38%
DMLP
PBT

Volatility

DMLP vs. PBT - Volatility Comparison

The current volatility for Dorchester Minerals, L.P. (DMLP) is 6.10%, while Permian Basin Royalty Trust (PBT) has a volatility of 13.51%. This indicates that DMLP experiences smaller price fluctuations and is considered to be less risky than PBT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%14.00%16.00%JulyAugustSeptemberOctoberNovemberDecember
6.10%
13.51%
DMLP
PBT

Financials

DMLP vs. PBT - Financials Comparison

This section allows you to compare key financial metrics between Dorchester Minerals, L.P. and Permian Basin Royalty Trust. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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