Texas Pacific Land Corporation TPL
341.07
2.82
0.83%
as of 25 Sep
- Market cap
- $23.3B
- P/E
- 43.5×
Follow TPL
Indexes
indicate stock being part of an index,
Insider Buys
alert about insiders buying in the last 12 month
Texas Pacific Land Corporation (TPL) P/B ratio
As of 25 September 2026, Texas Pacific Land Corporation (TPL) trades at a P/B ratio of 14.1×. Over the past ten years it has ranged from 4.7× (March 2020) to 66.4× (September 2017); the current reading is higher than 23% of that period. That is above the Oil & Gas E&P industry median of 1.3× and above the Energy sector median of 1.5×.
P/B ratio, daily
Annual
| Period | P/B ratio | Change |
|---|---|---|
| FY2025 | 13.6× | (39.53%) |
| FY2024 | 22.4× | 89.99% |
| FY2023 | 11.8× | (43.76%) |
| FY2022 | 21.0× | 41.42% |
| FY2021 | 14.9× | 27.82% |
| FY2020 | 11.6× | (1.77%) |
| FY2019 | 11.8× | (31.36%) |
| FY2018 | 17.2× | (49.93%) |
| FY2017 | 34.4× | (31.50%) |
| FY2016 | 50.3× | 113.90% |
Quarterly
| Period | P/B ratio | Change |
|---|---|---|
| Jun 2026 | 18.0× | (14.18%) |
| Mar 2026 | 21.0× | 54.94% |
| Dec 2025 | 13.6× | (13.47%) |
| Sep 2025 | 15.7× | (16.73%) |
| 42 more quarters | Free account |
Against its own ten years
Low 4.7×
High 66.4×
Ten-year median
19.8×
Current reading's percentile
23
P/B ratio against peers
| Company | P/B ratio |
|---|---|
| WDS Woodside Energy Group Ltd compare | n/m |
| DVN Devon Energy Corporation compare | 1.1× |
| EXE Expand Energy Corporation compare | 1.1× |
| EQT EQT Corporation compare | 1.1× |
| FANG Diamondback Energy, Inc. compare | 1.2× |
| AR Antero Resources Corporation compare | 1.3× |
| PR Permian Resources Corporation compare | 1.5× |
| APA APA Corporation compare | 1.9× |
| TPL Texas Pacific Land Corporation | 14.1× |
| Oil & Gas E&P industry median | 1.3× |
| Energy sector median | 1.5× |
| Market median | 1.8× |
What P/B ratio is
Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.
Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))
More on TPL
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement