The current price-to-earnings ratio for Texas Pacific Land stock as of Jul 2, 2026 is 55.86. This is calculated based on the current EPS of $7.29 and the stock price of $407.2 per share. The PE ratio has increased by 10% from the past four quarters average of 51.0.
TPL PE ratio history
The average historical PE ratio of Texas Pacific Land for the last ten years is 37.23. The current price-to-earnings ratio of 55.86 is 50% more than the historical average. In the past ten years, TPL's PE ratio reached its highest point in the Mar 2021 quarter at 72.98, when the stock price was $176.6 and the EPS was $2.42. The lowest point was recorded in the Mar 2020 quarter, when it reached 12.49 with a price of $42.22 and an EPS of $3.38.
Texas Pacific Land PE ratio by year
Maximum annual increase: 161.29% in 2016
Maximum annual decrease: -44.02% in 2018
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 41.15 | -26.56% | $287.22 | $6.98 |
| 2024 | 56.03 | 88.27% | $368.65 | $6.58 |
| 2023 | 29.76 | -26.88% | $174.72 | $5.87 |
| 2022 | 40.7 | 13.5% | $260.47 | $6.4 |
| 2021 | 35.86 | 11.89% | $138.76 | $3.87 |
| 2020 | 32.05 | 68.77% | $80.78 | $2.52 |
| 2019 | 18.99 | -5.66% | $86.8 | $4.57 |
| 2018 | 20.13 | -44.02% | $60.18 | $2.99 |
| 2017 | 35.96 | -35.66% | $49.63 | $1.38 |
| 2016 | 55.89 | 161.29% | $32.97 | $0.59 |
| 2015 | 21.39 | -24.95% | $14.55 | $0.68 |
| 2014 | 28.5 | -10.21% | $13.11 | $0.46 |
| 2013 | 31.74 | 28.29% | $11.11 | $0.35 |
| 2012 | 24.74 | 36.84% | $5.94 | $0.24 |
| 2011 | 18.08 | -42.01% | $4.52 | $0.25 |
Texas Pacific Land PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 65.1 | 58.2% | $474.56 | $7.29 |
| Dec 2025 | 41.15 | -8.76% | $287.22 | $6.98 |
| Sep 2025 | 45.1 | -14.32% | $311.21 | $6.9 |
| Jun 2025 | 52.64 | -20.51% | $352.13 | $6.69 |
| Mar 2025 | 66.22 | 18.19% | $441.66 | $6.67 |
| Dec 2024 | 56.03 | 23.69% | $368.65 | $6.58 |
| Sep 2024 | 45.3 | 20.13% | $294.91 | $6.51 |
| Jun 2024 | 37.71 | 22.79% | $244.76 | $6.49 |
| Mar 2024 | 30.71 | 3.19% | $192.84 | $6.28 |
| Dec 2023 | 29.76 | -17.01% | $174.72 | $5.87 |
| Sep 2023 | 35.86 | 46.85% | $202.62 | $5.65 |
| Jun 2023 | 24.42 | -19.25% | $146.28 | $5.99 |
| Mar 2023 | 30.24 | -25.7% | $189 | $6.25 |
| Dec 2022 | 40.7 | 26.12% | $260.47 | $6.4 |
| Sep 2022 | 32.27 | 6.36% | $197.47 | $6.12 |
TPL Price vs fair value
TPL average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
The current PE ratio of TPL is above the 3, 5 and 10-year averages.
PE comparison
Texas Pacific Land's P/E of 55.86 is above the Energy sector and the industry average. Looking at its Energy sector average of 16.23, Texas Pacific Land's P/E is 244% higher.
TPL PE vs peers
When compared to its peer PBT, TPL's PE ratio is lower, but it is higher than DMLP's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| DMLP Dorchester Minerals Lp | 18.25 | $1.22B |
| TPL Texas Pacific Land Corp | 55.86 | $28.09B |
| PBT Permian Basin Royalty Trust | 80 | $1.16B |
| VNOM Viper Energy Partners LP | N/A | $14.63B |
Frequently asked questions
What is Texas Pacific Land's PE ratio?
As of Jul 2, 2026, TPL stock has a price to earnings ratio of 55.86.
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 45.96.
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 40.64.
What is the highest PE ratio for TPL?
Over the last ten years, the quarterly PE ratio reached a historic high of 72.98 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 50% 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 (Jul 2, 2026), Texas Pacific Land's stock price is $407.2. The earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $7.29. Therefore, Texas Pacific Land's price to earnings ratio for today is 55.86. PE RATIO(55.86) = STOCK PRICE($407.2) / TTM EPS($7.29)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.