Basis: Latest stored market observation. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the P/B ratio high or low?
The P/B ratio of 14.47 is 19% below its 5-year average of 17.95, near the low end of its 5-year range (10.93–37.84).
As of Monday, August 10, 2026. 15.45% below its 12-month average of 17.11.
PB RATIO
14.47
PB RATIO AVG TTM
17.11
PB RATIO AVG 3Y
18.01
PB RATIO AVG 5Y
17.95
PB RATIO AVG 10Y
20.42
PB RATIO AVG 15Y
33.72
PB RATIO AVG 20Y
38.36
CURRENT VS TTM AVG
-15.45%
CURRENT VS 3Y AVG
-19.67%
CURRENT VS 5Y AVG
-19.37%
CURRENT VS 10Y AVG
-29.15%
CURRENT VS 15Y AVG
-57.08%
CURRENT VS 20Y AVG
-62.28%
SECTOR MEDIAN · ENERGY
2.57
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
+463.04%
vs the sector median at left
Texas Pacific Land Corporation
Market Cap
$24.03B
PB Ratio
14.47
TTM Avg
17.11
3Y Avg
18.01
5Y Avg
17.95
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Texas Pacific Land Corporation (TPL) | $24.03B | 14.47 | 17.11 | 18.01 | 17.95 |
| Expand Energy Corporation (EXE)vs › | $22.45B | 1.21 | 1.32 | 1.25 | 1.49 |
| Halliburton Company (HAL)vs › | $28.04B | 2.57 | 2.55 | 2.79 | 3.30 |
| Tenaris S.A. (TS)vs › | $28.55B | 1.65 | 1.50 | 1.28 | 1.27 |
| Devon Energy Corporation (DVN)vs › | $31.46B | 1.02 | 1.65 | 1.95 | 2.64 |
| Venture Global, Inc. (VG)vs › | $33.19B | 4.40 | 4.35 | 6.06 | 6.06 |
| EQT Corporation (EQT)vs › | $33.73B | 1.35 | 1.47 | 1.32 | 1.33 |
| APA Corporation (APA)vs › | $14.20B | 2.23 | 1.75 | 4.01 | 9.25 |
| Antero Midstream Corporation (AM)vs › | $10.59B | 5.42 | 4.81 | 3.85 | 3.20 |
| Weatherford International plc (WFRD)vs › | $6.69B | 3.81 | 3.72 | 5.55 | 5.55 |
At 14.47, P/B is below its 20-year median — higher than 13% of readings in its 20-year history.
20-year low
4.67
median
36.66
20-year high
85.98
P/B Ratio
14.47
Market Price / Book Value per Share
PB Ratio = Market Cap / Total Shareholders' Equity
The price-to-book ratio compares market capitalization to book value (shareholders' equity). Lower values can indicate a cheaper valuation relative to net assets.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | PB RATIO |
|---|---|
| 2026-08-10 | 14.47 |
| 2026-08-07 | 14.06 |
| 2026-08-06 | 14.68 |
| 2026-08-05 | 15.76 |
| 2026-08-04 | 17.54 |
| 2026-08-03 | 18.01 |
| 2026-07-31 | 17.86 |
| 2026-07-30 | 17.49 |
| 2026-07-29 | 17.27 |
| 2026-07-28 | 17.27 |
| 2026-07-27 | 17.59 |
| 2026-07-24 | 18.60 |
| 2026-07-23 | 18.87 |
| 2026-07-22 | 19.21 |
| 2026-07-21 | 18.58 |
| 2026-07-20 | 18.00 |
| 2026-07-17 | 18.44 |
| 2026-07-16 | 18.45 |
| 2026-07-15 | 18.34 |
| 2026-07-14 | 18.45 |
| 2026-07-13 | 18.14 |
| 2026-07-10 | 17.64 |
| 2026-07-09 | 17.33 |
| 2026-07-08 | 17.50 |
| 2026-07-07 | 17.86 |
| 2026-07-06 | 17.87 |
| 2026-07-02 | 18.06 |
| 2026-07-01 | 18.41 |
| 2026-06-30 | 19.41 |
| 2026-06-29 | 18.63 |
| 2026-06-26 | 17.55 |
| 2026-06-25 | 17.34 |
| 2026-06-24 | 16.75 |
| 2026-06-23 | 16.41 |
| 2026-06-22 | 16.02 |
| 2026-06-18 | 15.75 |
| 2026-06-17 | 15.72 |
| 2026-06-16 | 15.80 |
| 2026-06-15 | 16.09 |
| 2026-06-12 | 16.81 |
| 2026-06-11 | 16.39 |
| 2026-06-10 | 16.64 |
| 2026-06-09 | 16.95 |
| 2026-06-08 | 17.57 |
| 2026-06-05 | 17.29 |
| 2026-06-04 | 18.04 |
| 2026-06-03 | 18.04 |
| 2026-06-02 | 16.45 |
| 2026-06-01 | 16.33 |
| 2026-05-29 | 17.43 |
| 2026-05-28 | 17.80 |
| 2026-05-27 | 18.01 |
| 2026-05-26 | 17.74 |
| 2026-05-22 | 17.83 |
| 2026-05-21 | 17.61 |
| 2026-05-20 | 17.85 |
| 2026-05-19 | 17.50 |
| 2026-05-18 | 17.15 |
| 2026-05-15 | 17.08 |
| 2026-05-14 | 17.23 |
| 2026-05-13 | 17.14 |
| 2026-05-12 | 17.80 |
| 2026-05-11 | 17.86 |
| 2026-05-08 | 17.48 |
| 2026-05-07 | 17.70 |
| 2026-05-06 | 18.62 |
| 2026-05-05 | 20.37 |
| 2026-05-04 | 20.48 |
| 2026-05-01 | 20.52 |
| 2026-04-30 | 20.99 |
| 2026-04-29 | 20.77 |
| 2026-04-28 | 20.39 |
| 2026-04-27 | 20.67 |
| 2026-04-24 | 20.77 |
| 2026-04-23 | 20.78 |
| 2026-04-22 | 20.79 |
| 2026-04-21 | 20.71 |
| 2026-04-20 | 20.57 |
| 2026-04-17 | 19.99 |
| 2026-04-16 | 20.17 |
| 2026-04-15 | 19.74 |
| 2026-04-14 | 19.50 |
| 2026-04-13 | 19.72 |
| 2026-04-10 | 19.40 |
| 2026-04-09 | 17.88 |
| 2026-04-08 | 21.21 |
| 2026-04-07 | 21.28 |
| 2026-04-06 | 21.24 |
| 2026-04-02 | 21.02 |
| 2026-04-01 | 20.78 |
| 2026-03-31 | 22.45 |
| 2026-03-30 | 22.11 |
| 2026-03-27 | 24.21 |
| 2026-03-26 | 24.71 |
| 2026-03-25 | 25.09 |
| 2026-03-24 | 25.33 |
| 2026-03-23 | 24.98 |
| 2026-03-20 | 24.58 |
| 2026-03-19 | 25.20 |
| 2026-03-18 | 25.08 |
| 2026-03-17 | 25.04 |
| 2026-03-16 | 24.93 |
| 2026-03-13 | 25.13 |
| 2026-03-12 | 25.03 |
| 2026-03-11 | 24.83 |
| 2026-03-10 | 24.64 |
| 2026-03-09 | 25.54 |
| 2026-03-06 | 24.84 |
| 2026-03-05 | 24.76 |
| 2026-03-04 | 25.37 |
| 2026-03-03 | 24.78 |
| 2026-03-02 | 25.13 |
| 2026-02-27 | 24.81 |
| 2026-02-26 | 24.25 |
| 2026-02-25 | 24.14 |
| 2026-02-24 | 25.17 |
| 2026-02-23 | 23.79 |
| 2026-02-20 | 23.65 |
| 2026-02-19 | 23.02 |
| 2026-02-18 | 20.85 |
| 2026-02-17 | 21.52 |
| 2026-02-13 | 21.82 |
| 2026-02-12 | 20.76 |
| 2026-02-11 | 20.87 |
| 2026-02-10 | 20.27 |
| 2026-02-09 | 18.90 |
| 2026-02-06 | 18.47 |
| 2026-02-05 | 17.43 |
| 2026-02-04 | 17.48 |
| 2026-02-03 | 16.96 |
| 2026-02-02 | 16.99 |
| 2026-01-30 | 17.58 |
| 2026-01-29 | 17.82 |
| 2026-01-28 | 17.90 |
| 2026-01-27 | 17.42 |
| 2026-01-26 | 17.25 |
| 2026-01-23 | 17.51 |
| 2026-01-22 | 17.45 |
| 2026-01-21 | 17.47 |
| 2026-01-20 | 16.55 |
| 2026-01-16 | 17.03 |
| 2026-01-15 | 16.70 |
| 2026-01-14 | 16.50 |
| 2026-01-13 | 16.24 |
| 2026-01-12 | 15.65 |
| 2026-01-09 | 15.74 |
| 2026-01-08 | 15.29 |
| 2026-01-07 | 14.20 |
| 2026-01-06 | 14.83 |
| 2026-01-05 | 15.01 |
| 2026-01-02 | 15.04 |
| 2025-12-31 | 14.49 |
| 2025-12-30 | 14.77 |
| 2025-12-29 | 14.86 |
| 2025-12-26 | 14.51 |
| 2025-12-24 | 14.94 |
| 2025-12-23 | 15.00 |
| 2025-12-22 | 15.28 |
| 2025-12-19 | 15.12 |
| 2025-12-18 | 15.06 |
| 2025-12-17 | 14.85 |
| 2025-12-16 | 13.80 |
| 2025-12-15 | 14.12 |
| 2025-12-12 | 14.11 |
| 2025-12-11 | 14.98 |
| 2025-12-10 | 15.01 |
| 2025-12-09 | 14.82 |
| 2025-12-08 | 15.21 |
| 2025-12-05 | 15.56 |
| 2025-12-04 | 15.47 |
| 2025-12-03 | 15.39 |
| 2025-12-02 | 14.54 |
| 2025-12-01 | 14.36 |
| 2025-11-28 | 14.54 |
| 2025-11-26 | 14.52 |
| 2025-11-25 | 14.54 |
| 2025-11-24 | 14.75 |
| 2025-11-21 | 15.08 |
| 2025-11-20 | 14.86 |
| 2025-11-19 | 15.24 |
| 2025-11-18 | 15.48 |
| 2025-11-17 | 16.11 |
| 2025-11-14 | 17.20 |
| 2025-11-13 | 16.64 |
| 2025-11-12 | 16.93 |
| 2025-11-11 | 16.64 |
| 2025-11-10 | 16.72 |
| 2025-11-07 | 16.51 |
| 2025-11-06 | 17.01 |
| 2025-11-05 | 15.46 |
| 2025-11-04 | 16.33 |
| 2025-11-03 | 16.51 |
| 2025-10-31 | 16.84 |
| 2025-10-30 | 16.58 |
| 2025-10-29 | 16.50 |
| 2025-10-28 | 16.34 |
| 2025-10-27 | 16.59 |
| 2025-10-24 | 16.58 |
| 2025-10-23 | 16.74 |
| 2025-10-22 | 16.53 |
| 2025-10-21 | 16.58 |
| 2025-10-20 | 16.68 |
| 2025-10-17 | 16.76 |
| 2025-10-16 | 16.75 |
| 2025-10-15 | 16.55 |
| 2025-10-14 | 16.20 |
| 2025-10-13 | 15.93 |
| 2025-10-10 | 15.88 |
| 2025-10-09 | 16.24 |
| 2025-10-08 | 17.01 |
| 2025-10-07 | 17.13 |
| 2025-10-06 | 17.42 |
| 2025-10-03 | 16.89 |
| 2025-10-02 | 17.28 |
| 2025-10-01 | 17.10 |
| 2025-09-30 | 16.67 |
| 2025-09-29 | 16.44 |
| 2025-09-26 | 17.04 |
| 2025-09-25 | 16.53 |
| 2025-09-24 | 16.69 |
| 2025-09-23 | 16.63 |
| 2025-09-22 | 15.66 |
| 2025-09-19 | 15.62 |
| 2025-09-18 | 16.31 |
| 2025-09-17 | 16.30 |
| 2025-09-16 | 16.71 |
| 2025-09-15 | 16.49 |
| 2025-09-12 | 16.73 |
| 2025-09-11 | 16.77 |
| 2025-09-10 | 16.74 |
| 2025-09-09 | 16.07 |
| 2025-09-08 | 16.29 |
| 2025-09-05 | 15.88 |
| 2025-09-04 | 16.59 |
| 2025-09-03 | 16.24 |
| 2025-09-02 | 16.82 |
| 2025-08-29 | 16.67 |
| 2025-08-28 | 16.46 |
| 2025-08-27 | 16.22 |
| 2025-08-26 | 16.27 |
| 2025-08-25 | 16.08 |
| 2025-08-22 | 16.28 |
| 2025-08-21 | 15.72 |
| 2025-08-20 | 15.98 |
| 2025-08-19 | 16.11 |
| 2025-08-18 | 15.93 |
| 2025-08-15 | 15.75 |
| 2025-08-14 | 16.29 |
| 2025-08-13 | 15.75 |
| 2025-08-12 | 15.30 |
| 2025-08-11 | 15.26 |
| 2025-08-08 | 15.39 |
| 2025-08-07 | 15.49 |
| 2025-08-06 | 16.97 |
| 2025-08-05 | 18.29 |
| 2025-08-04 | 18.16 |
| 2025-08-01 | 17.83 |
| 2025-07-31 | 18.46 |
| 2025-07-30 | 18.81 |
| 2025-07-29 | 18.95 |
Showing the most recent 260 of 5,030 data points. The chart above shows the full history.