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TPLTexas Pacific Land Corporation

Is the P/B ratio high or low?

The P/B ratio of 17.55 is in line with its 5-year average of 18.43, near the low end of its 5-year range (10.93–37.84).

3.07% below its 12-month average of 18.11.

P/E Ratio|ROE|Debt to Equity|All Metrics
TPL PB Ratio

TPL PB Ratio Chart

17.55
-14.43% 1Y
TPL PB Ratio

TPL Average PB Ratio Chart

TPL PB Ratio

TPL Current vs Average PB Ratio Chart

TPL PB Ratio Metrics

PB RATIO

17.55

PB RATIO AVG TTM

18.11

PB RATIO AVG 3Y

17.97

PB RATIO AVG 5Y

18.20

PB RATIO AVG 10Y

21.66

PB RATIO AVG 15Y

34.21

PB RATIO AVG 20Y

38.48

CURRENT VS TTM AVG

-3.07%

CURRENT VS 3Y AVG

-2.35%

CURRENT VS 5Y AVG

-3.56%

CURRENT VS 10Y AVG

-18.97%

CURRENT VS 15Y AVG

-48.70%

CURRENT VS 20Y AVG

-54.40%

TPL Competitors' PB Ratio

NAMEMARKET CAPPB RATIOTTM3Y5Y
Texas Pacific Land Corporation (TPL)$27.30B17.5518.1117.9718.20
Halliburton Company (HAL)vs ›$28.58B2.652.452.853.32
First Solar, Inc. (FSLR)vs ›$25.69B2.602.662.762.55
Coterra Energy Inc. (CTRA)vs ›$24.72B1.641.411.491.87
Tenaris S.A. (TS)vs ›$30.06B1.701.441.261.26
EQT Corporation (EQT)vs ›$32.96B1.311.511.321.31
Expand Energy Corporation (EXE)vs ›$21.16B1.091.361.251.50
APA Corporation (APA)vs ›$11.67B1.811.675.009.48
Antero Midstream Corporation (AM)vs ›$11.01B5.724.653.733.11
Cameco Corporation (CCJ)vs ›$45.51B12.479.186.014.67

P/B vs. its own history

At 17.55, P/B is cheaper than usual, sitting higher than 23% of its 20-year history.

20-year low

4.67

median

37.66

20-year high

85.98

cheaperricher

Book Value Analysis

P/B Ratio

17.55

Market Price / Book Value per Share

PB Ratio Formula & Definition

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

PB Ratio FAQ

What is the P/B ratio for Texas Pacific Land Corporation (TPL)?
The P/B ratio for TPL stock is 17.55.
Is Texas Pacific Land Corporation's P/B ratio high or low?
The P/B ratio of 17.55 is in line with its 5-year average of 18.43, near the low end of its 5-year range (10.93–37.84).
What is the TTM average P/B ratio for Texas Pacific Land Corporation (TPL)?
The TTM average P/B ratio for TPL stock is 18.11.
What is the 3Y average P/B ratio for Texas Pacific Land Corporation (TPL)?
The 3Y average P/B ratio for TPL stock is 17.97.
What is the 5Y average P/B ratio for Texas Pacific Land Corporation (TPL)?
The 5Y average P/B ratio for TPL stock is 18.20.
What is the 10Y average P/B ratio for Texas Pacific Land Corporation (TPL)?
The 10Y average P/B ratio for TPL stock is 21.66.
What is the 15Y average P/B ratio for Texas Pacific Land Corporation (TPL)?
The 15Y average P/B ratio for TPL stock is 34.21.
What is the 20Y average P/B ratio for Texas Pacific Land Corporation (TPL)?
The 20Y average P/B ratio for TPL stock is 38.48.

TPL PB Ratio History

DATEPB RATIO
2026-06-2617.55
2026-06-2517.34
2026-06-2416.75
2026-06-2316.41
2026-06-2216.02
2026-06-1815.75
2026-06-1715.72
2026-06-1615.80
2026-06-1516.09
2026-06-1216.81
2026-06-1116.39
2026-06-1016.64
2026-06-0916.95
2026-06-0817.57
2026-06-0517.29
2026-06-0418.04
2026-06-0318.04
2026-06-0216.45
2026-06-0116.33
2026-05-2917.43
2026-05-2817.80
2026-05-2718.01
2026-05-2617.74
2026-05-2217.83
2026-05-2117.61
2026-05-2017.85
2026-05-1917.50
2026-05-1817.15
2026-05-1517.08
2026-05-1417.23
2026-05-1317.14
2026-05-1217.80
2026-05-1117.86
2026-05-0817.48
2026-05-0717.70
2026-05-0618.62
2026-05-0520.37
2026-05-0420.48
2026-05-0120.52
2026-04-3020.99
2026-04-2920.77
2026-04-2820.39
2026-04-2720.67
2026-04-2420.77
2026-04-2320.78
2026-04-2220.79
2026-04-2120.71
2026-04-2020.57
2026-04-1719.99
2026-04-1620.17
2026-04-1519.74
2026-04-1419.50
2026-04-1319.72
2026-04-1019.40
2026-04-0917.88
2026-04-0821.21
2026-04-0721.28
2026-04-0621.24
2026-04-0221.02
2026-04-0120.78
2026-03-3122.45
2026-03-3022.11
2026-03-2724.21
2026-03-2624.71
2026-03-2525.09
2026-03-2425.33
2026-03-2324.98
2026-03-2024.58
2026-03-1925.20
2026-03-1825.08
2026-03-1725.04
2026-03-1624.93
2026-03-1325.13
2026-03-1225.03
2026-03-1124.83
2026-03-1024.64
2026-03-0925.54
2026-03-0624.84
2026-03-0524.76
2026-03-0425.37
2026-03-0324.78
2026-03-0225.13
2026-02-2724.81
2026-02-2624.25
2026-02-2524.14
2026-02-2425.17
2026-02-2323.79
2026-02-2023.65
2026-02-1923.02
2026-02-1820.85
2026-02-1721.52
2026-02-1321.82
2026-02-1220.76
2026-02-1120.87
2026-02-1020.27
2026-02-0918.90
2026-02-0618.47
2026-02-0517.43
2026-02-0417.48
2026-02-0316.96
2026-02-0216.99
2026-01-3017.58
2026-01-2917.82
2026-01-2817.90
2026-01-2717.42
2026-01-2617.25
2026-01-2317.51
2026-01-2217.45
2026-01-2117.47
2026-01-2016.55
2026-01-1617.03
2026-01-1516.70
2026-01-1416.50
2026-01-1316.24
2026-01-1215.65
2026-01-0915.74
2026-01-0815.29
2026-01-0714.20
2026-01-0614.83
2026-01-0515.01
2026-01-0215.04
2025-12-3114.49
2025-12-3014.77
2025-12-2914.86
2025-12-2614.51
2025-12-2414.94
2025-12-2315.00
2025-12-2215.28
2025-12-1915.12
2025-12-1815.06
2025-12-1714.85
2025-12-1613.80
2025-12-1514.12
2025-12-1214.11
2025-12-1114.98
2025-12-1015.01
2025-12-0914.82
2025-12-0815.21
2025-12-0515.56
2025-12-0415.47
2025-12-0315.39
2025-12-0214.54
2025-12-0114.36
2025-11-2814.54
2025-11-2614.52
2025-11-2514.54
2025-11-2414.75
2025-11-2115.08
2025-11-2014.86
2025-11-1915.24
2025-11-1815.48
2025-11-1716.11
2025-11-1417.20
2025-11-1316.64
2025-11-1216.93
2025-11-1116.64
2025-11-1016.72
2025-11-0716.51
2025-11-0617.01
2025-11-0515.46
2025-11-0416.33
2025-11-0316.51
2025-10-3116.84
2025-10-3016.58
2025-10-2916.50
2025-10-2816.34
2025-10-2716.59
2025-10-2416.58
2025-10-2316.74
2025-10-2216.53
2025-10-2116.58
2025-10-2016.68
2025-10-1716.76
2025-10-1616.75
2025-10-1516.55
2025-10-1416.20
2025-10-1315.93
2025-10-1015.88
2025-10-0916.24
2025-10-0817.01
2025-10-0717.13
2025-10-0617.42
2025-10-0316.89
2025-10-0217.28
2025-10-0117.10
2025-09-3016.67
2025-09-2916.44
2025-09-2617.04
2025-09-2516.53
2025-09-2416.69
2025-09-2316.63
2025-09-2215.66
2025-09-1915.62
2025-09-1816.31
2025-09-1716.30
2025-09-1616.71
2025-09-1516.49
2025-09-1216.73
2025-09-1116.77
2025-09-1016.74
2025-09-0916.07
2025-09-0816.29
2025-09-0515.88
2025-09-0416.59
2025-09-0316.24
2025-09-0216.82
2025-08-2916.67
2025-08-2816.46
2025-08-2716.22
2025-08-2616.27
2025-08-2516.08
2025-08-2216.28
2025-08-2115.72
2025-08-2015.98
2025-08-1916.11
2025-08-1815.93
2025-08-1515.75
2025-08-1416.29
2025-08-1315.75
2025-08-1215.30
2025-08-1115.26
2025-08-0815.39
2025-08-0715.49
2025-08-0616.97
2025-08-0518.29
2025-08-0418.16
2025-08-0117.83
2025-07-3118.46
2025-07-3018.81
2025-07-2918.95
2025-07-2818.63
2025-07-2518.68
2025-07-2418.49
2025-07-2317.76
2025-07-2217.88
2025-07-2118.50
2025-07-1819.02
2025-07-1718.92
2025-07-1618.82
2025-07-1518.74
2025-07-1419.79
2025-07-1119.96
2025-07-1020.05
2025-07-0919.98
2025-07-0819.96
2025-07-0719.72
2025-07-0320.52
2025-07-0220.44
2025-07-0120.38
2025-06-3020.15
2025-06-2720.13
2025-06-2620.51
2025-06-2519.76
2025-06-2420.22
2025-06-2320.03
2025-06-2020.68
2025-06-1820.59
2025-06-1720.74
2025-06-1620.85
2025-06-1321.35

Showing the most recent 260 of 5,032 data points. The chart above shows the full history.

Related Metrics

P/E RatioROEDebt to EquityAll Metrics

About Texas Pacific Land Corporation

Texas Pacific Land Corporation (TPL) operates in two core business segments: land and resource management, and water services. Its Land and Resource Management division oversees a vast land portfolio, spanning nearly 880,000 acres. This segment also holds significant oil and gas royalty interests. These include perpetual non-participating royalty interests (NPRIs) covering approximately 85,000 acres (at a 1/128th rate) and about 371,000 acres (at a 1/16th rate). Furthermore, it possesses around 4,000 additional net royalty acres, primarily located in West Texas. The segment grants various easements and commercial leases for purposes such as oil, gas, and hydrocarbon infrastructure, power and utility lines, and subsurface wellbores. It also leases its land for facilities like processing, storage, and compression plants, as well as roads, and sells materials such as caliche. The Water Services and Operations division provides comprehensive water solutions to energy operators throughout the Permian Basin. Its services encompass water sourcing, the gathering and treatment of produced water, infrastructure development, disposal solutions, water tracking, analytics, and well testing. This segment also generates royalty income from water extracted from its own lands. Founded in 1888, Texas Pacific Land Corporation maintains its headquarters in Dallas, Texas.

Dallas, TX
111 employees
www.texaspacific.com
Energy / Oil & Gas Exploration & Production
Sector
Energy
Industry
Oil & Gas Exploration & Production
CEO
Tyler Glover
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