The current price-to-earnings ratio for Texas Pacific Land stock as of Jun 10, 2025 is 54.9. This is calculated based on the current EPS of $20.03 and the stock price of $1,099.58 per share. The PE ratio has increased by 7% from the past four quarters average of 51.3.
TPL PE ratio history
The average historical PE ratio of Texas Pacific Land for the last ten years is 34.76. The current price-to-earnings ratio of 54.9 is 58% more than the historical average. In the past ten years, TPL's PE ratio reached its highest point in the Mar 2021 quarter at 73.08, when the stock price was $529.81 and the EPS was $7.25. The lowest point was recorded in the Mar 2020 quarter, when it reached 12.48 with a price of $126.67 and an EPS of $10.15.
Texas Pacific Land PE ratio history chart
Texas Pacific Land PE ratio by year
Maximum annual increase: 161.44% in 2016
Maximum annual decrease: -44.22% in 2018
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 56 | 88.05% | $1,105.96 | $19.75 |
| 2023 | 29.78 | -26.56% | $524.15 | $17.6 |
| 2022 | 40.55 | 13.08% | $781.41 | $19.27 |
| 2021 | 35.86 | 12.03% | $416.29 | $11.61 |
| 2020 | 32.01 | 68.39% | $242.33 | $7.57 |
| 2019 | 19.01 | -5.47% | $260.41 | $13.7 |
| 2018 | 20.11 | -44.22% | $180.54 | $8.98 |
| 2017 | 36.05 | -35.87% | $148.88 | $4.13 |
| 2016 | 56.21 | 161.44% | $98.92 | $1.76 |
| 2015 | 21.5 | -24.56% | $43.64 | $2.03 |
| 2014 | 28.5 | -10.21% | $39.33 | $1.38 |
| 2013 | 31.74 | 30.08% | $33.33 | $1.05 |
| 2012 | 24.4 | 33.12% | $17.81 | $0.73 |
| 2011 | 18.33 | -41.21% | $13.56 | $0.74 |
| 2010 | 31.18 | -28.4% | $12.16 | $0.39 |
Texas Pacific Land PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2025 | 66.15 | 18.13% | $1,324.99 | $20.03 |
| Dec 2024 | 56 | 23.48% | $1,105.96 | $19.75 |
| Sep 2024 | 45.35 | 20.13% | $884.74 | $19.51 |
| Jun 2024 | 37.75 | 22.72% | $734.27 | $19.45 |
| Mar 2024 | 30.76 | 3.29% | $578.51 | $18.81 |
| Dec 2023 | 29.78 | -16.72% | $524.15 | $17.6 |
| Sep 2023 | 35.76 | 46.92% | $607.85 | $17 |
| Jun 2023 | 24.34 | -19.24% | $438.83 | $18.03 |
| Mar 2023 | 30.14 | -25.67% | $567.01 | $18.81 |
| Dec 2022 | 40.55 | 25.62% | $781.41 | $19.27 |
| Sep 2022 | 32.28 | 6.39% | $592.41 | $18.35 |
| Jun 2022 | 30.34 | -7.92% | $496.01 | $16.35 |
| Mar 2022 | 32.95 | -8.11% | $450.7 | $13.68 |
| Dec 2021 | 35.86 | -9.81% | $416.29 | $11.61 |
| Sep 2021 | 39.76 | -36.48% | $403.12 | $10.14 |
TPL Price vs fair value
You can ether set your own Fair P/E multiple or use one of the automatically calculated Fair P/E multiples.
Fair P/E calculation
PE Ratio is an attempt to estimate a fair PE ratio of a stock based on its earnings and growth rate.
This formula is a modified version of the classic Graham-Dodd Formula (V= EPS x (8.5+2g)), originally developed by Benjamin Graham, to calculate the fair price of a stock based on its earnings and growth rate.
The formula we have created is an adaptation of this approach, designed to maintain a balance between simplicity and growth sensitivity.
It is calculated using the following formula:
IF g < 5: Fair PE = b
IF g >= 5: Fair PE = m × g
Here’s what each part of the formula means:
g: Growth is calculated as the average of the three-year average EPS growth rate and the one-year EPS growth rate (annually). This approach provides a balanced measure of growth by factoring in both the long-term growth trend and the most recent annual growth performance. If one of the growth metrics is not available, the remaining metric is used to determine growth. The fair P/E value is capped at 100 to prevent distortions caused by extreme EPS growth rates, such as those resulting from large percentage increases from a low base.
m: This is the long term historical median PEG (Price/Earnings to Growth) ratio of the overall market. It serves as a benchmark, adjusting the Fair PE based on typical market conditions.
b: Base PE (static value set to 8). If the company's growth rate is less than 5, the Fair PE is set at a conservative baseline of 8. This is because declining companies generally deserve a lower PE ratio.
Fixed vs Dynamic
Fixed: The Fair PE ratio for all data points is calculated using a single, constant average EPS growth rate, determined based on the most recent period. This means that the same growth rate is applied to all historical data points. Dynamic: The Fair PE ratio for each historical data point is calculated using the trailing average EPS growth rate specific to that point in time. This means that for each data point, the corresponding trailing EPS growth rate is used, ensuring that the Fair PE ratio reflects the growth conditions that were relevant at that specific point in history.
TPL average PE ratio chart
The current PE ratio of TPL is above the 3, 5 and 10-year averages.
PE vs average
TPL PE vs peers
When compared to its peer stocks VNOM and DMLP, TPL's PE ratio is higher. Texas Pacific Land's current PE ratio of 54.9 is in line with the average of its peer group, which is 17.57.
| Stock name | PE ratio | Market cap |
|---|---|---|
| VNOM Viper Energy Partners LP | 10.45 | $11.89B |
| DMLP Dorchester Minerals Lp | 13.71 | $1.32B |
| PHX Phx Minerals Inc | 22.74 | $163.82M |
| PBT Permian Basin Royalty Trust | 23.37 | $533.67M |
| TPL Texas Pacific Land Corp | 54.9 | $25.28B |
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Frequently asked questions
What is Texas Pacific Land's PE ratio?
As of Jun 10, 2025, TPL stock has a price to earnings ratio of 54.9.
What is the 3-year average PE ratio for Texas Pacific Land (TPL)?
Over the last 3 years, the average PE ratio for TPL stock is 38.27.
What is the 5-year average PE ratio for Texas Pacific Land (TPL)?
Over the last 5 years, the average PE ratio for TPL stock is 38.72.
What is the highest PE ratio for TPL?
Over the last ten years, the quarterly PE ratio reached a historic high of 73.08 in the Mar 2021 quarter.
How does the current PE ratio for TPL compare to its historical average?
The current price to earnings ratio of TPL is 58% higher than the 10-year historical average.
How is TPL's PE ratio calculated (Texas Pacific Land PE ratio formula)?
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months earnings per share(EPS). As of today (Jun 10, 2025), Texas Pacific Land's stock price is $1,099.58. The earnings per share for the trailing twelve months (TTM) ending Mar 2025 is $20.03. Therefore, Texas Pacific Land's price to earnings ratio for today is 54.9. PE RATIO(54.9) = STOCK PRICE($1,099.58) / TTM EPS($20.03)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.