Question 1

What is Texas Pacific Land's P/E ratio?

Accepted Answer

Texas Pacific Land (TPL) P/E ratio is 59.3× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month earnings (net income), using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/E ratio calculated?

Accepted Answer

P/E = Share Price ÷ Trailing Twelve-Month (TTM) Diluted EPS, or equivalently Market Capitalisation ÷ TTM Net Income. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/E ratio?

Accepted Answer

The price-to-earnings (P/E) ratio, also called the earnings multiple, measures how much investors pay per dollar of a company's trailing twelve-month (TTM) earnings. It is calculated as share price ÷ TTM diluted EPS (equivalent to market capitalisation ÷ TTM net income). A higher P/E implies the market is pricing in stronger future earnings growth or lower risk; a lower P/E can signal slower expected growth, higher risk, or potential undervaluation.

Question 4

What is a good P/E ratio for Texas Pacific Land?

Accepted Answer

There is no universal "good" P/E. As a rule of thumb, the S&P 500 has historically averaged a P/E in the mid-to-high teens; mature, slow-growth businesses commonly trade in the 10–18× range, while high-growth or asset-light companies often trade at 25–50×+. What matters is the comparison to sector peers and to the company's own historical range. For Texas Pacific Land specifically, the relevant sector benchmark is the current sector median of 17.8×.

Question 5

Is Texas Pacific Land's P/E ratio high or low?

Accepted Answer

Texas Pacific Land's P/E ratio of 59.3× is above its own 5-year average of 41.7× and above the sector median of 17.8×. That places the current reading at the 84th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Texas Pacific Land's historical P/E ratio range?

Accepted Answer

In the available daily series, Texas Pacific Land (TPL) P/E ratio has ranged from a low of 8.0× in 2012 to a high of 191.2× in 2007. The 5-year average is 41.7× and the 5-year median is 38.5×.

Question 7

What was Texas Pacific Land's P/E ratio in 2025?

Accepted Answer

Texas Pacific Land (TPL) P/E ratio at the end of 2025 was 41.1×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month earnings figure available at that date.

Question 8

Why does Texas Pacific Land's P/E ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (earnings). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$19.8B	$481M	41.1×	-14.9×	Dec 31, 2025
2024	$25.5B	$454M	56.1×	+26.3×	Dec 31, 2024
2023	$12.1B	$406M	29.8×	-10.7×	Dec 31, 2023
2022	$18.1B	$446M	40.5×	+4.6×	Dec 31, 2022
2021	$9.67B	$270M	35.8×	+3.8×	Dec 31, 2021
2020	$5.64B	$176M	32.0×	+13.0×	Dec 31, 2020
2019	$6.06B	$319M	19.0×	-1.1×	Dec 31, 2019
2018	$4.21B	$210M	20.1×	-20.3×	Dec 31, 2018
2017	$3.5B	$86.6M	40.4×	-22.9×	Dec 31, 2017
2016	$2.36B	$37.2M	63.2×	+41.9×	Dec 31, 2016
2015	$1.07B	$50M	21.3×	-7.0×	Dec 31, 2015
2014	$986M	$34.8M	28.4×	-2.9×	Dec 31, 2014
2013	$852M	$27.2M	31.3×	+23.3×	Dec 31, 2013
2012	$158M	$19.6M	8.0×	-46.0×	Dec 31, 2012
2011	$1.11B	$20.6M	54.1×	-37.8×	Dec 31, 2011
2010	$1.04B	$11.3M	91.9×	-36.7×	Dec 31, 2010
2009	$889M	$6.91M	128.6×	+64.0×	Dec 31, 2009
2008	$706M	$10.9M	64.6×	-105.7×	Dec 31, 2008
2007	$1.4B	$8.25M	170.2×	+50.9×	Dec 31, 2007
2006	$1.38B	$11.6M	119.3×	+6.6×	Dec 31, 2006
2005	$960M	$8.51M	112.7×	+62.0×	Dec 31, 2005
2004	$883M	$17.4M	50.7×	-20.3×	Dec 31, 2004
2003	$378M	$5.33M	70.9×	+13.9×	Dec 31, 2003
2002	$280M	$4.9M	57.0×	—	Dec 31, 2002


Diamondback Energy (FANG)	138.8×
Chevron (CVX)	37.2×
Enphase Energy (ENPH)	36.8×
Williams Companies (WMB)	31.4×
Targa Resources (TRGP)	25.4×
SLB (SLB)	23.3×
ConocoPhillips (COP)	22.1×
Enbridge (ENB)	21.6×
Baker Hughes (BKR)	19.4×
NACCO Industries (NC)	18.1×
Phillips 66 (PSX)	17.8×
Halliburton (HAL)	17.7×
Valero Energy (VLO)	17.5×
ONEOK (OKE)	16.1×
Marathon Petroleum (MPC)	15.6×
EOG Resources (EOG)	14.0×
Devon Energy (DVN)	13.8×
Energy Transfer LP (ET)	13.7×
Occidental Petroleum (OXY)	13.5×
National Fuel Gas (NFG)	13.0×
APA (APA)	9.8×
Expand Energy (EXE)	8.2×

P/E Ratio for Texas Pacific Land (TPL) 2002-2026

P/E Ratio daily chart for Texas Pacific Land (TPL)

Historical P/E Ratio for Texas Pacific Land (TPL) from 2002 to 2025

About P/E Ratio at Texas Pacific Land (TPL)

Texas Pacific Land P/E Ratio by Year

Texas Pacific Land P/E Ratio 2025: 41.1×

Texas Pacific Land P/E Ratio 2024: 56.1×

Texas Pacific Land P/E Ratio 2023: 29.8×

Texas Pacific Land P/E Ratio 2022: 40.5×

Texas Pacific Land P/E Ratio 2021: 35.8×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

Texas Pacific Land (TPL) Key Financials