Diamondback Energy, Inc. (FANG) Valuation
Historical valuation analysis based on 1281 data points (2021-09-10 to 2026-10-16)
Diamondback is a crude oil and natural gas exploration and production firm whose operations represent a pure-play in the US Permian Basin. The company went public in 2012 and has established itself...
Diamondback Energy, Inc. (FANG) currently trades at a P/E ratio of 38.93 (historical range: 4.84–212.78, median: 10.18), placing it at the 84th percentile — expensive relative to its history, P/S ratio of 3.34 (range: 2.08–4.69, 54th percentile — near its historical average), EV/EBITDA of 65.37 (range: 3.97–65.37, 100th percentile).
Over the historical period (2021-09-10 to 2026-10-16), Diamondback Energy, Inc.'s P/E ratio has expanded by 105% over the observed period (from an average of 15.4 to 31.5).
Diamondback Energy, Inc. trades well above its own historical valuation range across most metrics.
Historical Valuation Metrics
| Metric | Current | Median | %ile | Assessment |
|---|---|---|---|---|
| P/E Ratio | 38.93 | 10.18 | 84th | expensive relative to its history |
| P/S Ratio | 3.34 | 3.28 | 54th | near its historical average |
| EV/EBITDA | 65.37 | 8.93 | 100th | expensive relative to its history |
| FCF Yield | 7.42% | 7.28% | 57th | near its historical average |
Diamondback Energy, Inc. (FANG) Valuation & P/E History
Diamondback Energy, Inc. (FANG) is a US-listed stock operating in the Energy sector, specifically the Crude Petroleum & Natural Gas industry currently trading at $203.77 with a market capitalization of $57.1 billion. This page provides historical valuation analysis for FANG based on 1281 data points covering 2021-09-10 to 2026-10-16. The P/E ratio of 38.93 is above the historical median of 10.18, placing FANG at the 84th percentile of its valuation range. The P/S ratio of 3.34 compares to a median of 3.28.
FANG Valuation Metrics & Historical Range
The valuation table above shows Diamondback Energy, Inc.'s current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether FANG is currently trading above or below its typical valuation levels.
- P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests FANG is expensively valued; below the median suggests it is cheap.
- P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
- EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for Diamondback Energy, Inc..
- FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.
Is FANG Overvalued or Undervalued?
Diamondback Energy, Inc. trades well above its own historical valuation range across most metrics. The overall valuation percentile of 79 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive FANG is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.
However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full FANG analysis page for a complete picture.
Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.FANG trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.