Texas Pacific Land price to book ratio TPL

Market value divided by the book value of the company's net assets, since 2021.

Today, Oct 23, 2026: 14.0×
6-year median: 17.0×
Against its 6-year history: 16th; percentile: 0 is its lowest day, 100 its highest
6-year range: 11.2× to 37.8×
Peer median: 1.6×

Texas Pacific Land's price to book ratio is 14.0× as of Oct 23, 2026.

That is below its 6-year median of 17.0×, lower than on 84% of days in the last 6 years.

Over that time it ranged from 11.2× in Mar 2024 to 37.8× in Nov 2024.

The median for 10 oil and gas producers of a similar size is 1.6×.

Price to book ratio over time

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	14.0×	14.0×	25.1×
2025	14.5×	14.1×	30.9×
2024	25.0×	11.2×	37.8×
2023	12.5×	11.9×	22.5×
2022	25.0×	12.7×	28.9×
2021	16.1×	15.5×	26.8×

Against its peers

Companies in Oil & Gas Exploration & Production nearest Texas Pacific Land's size, closest first, today.

Company	Price to book ratio
TPLTexas Pacific Land	14.0×
EXEExpand Energy	1.1×
PRPermian Resources	1.8×
OVVOvintiv	1.7×
APAAPA	2.6×
VNOMViper Energy	3.3×
EQTEQT	1.4×
ARANTERO RESOURCES	1.5×
RRCRange Resources	2.3×
DVNDevon Energy	1.4×
SMSM Energy	1.2×
Peer median	1.6×

What the price to book ratio tells you

Market value divided by the accounting value of the company's net assets. Below 1 means the market values the business at less than what it owns on paper.

Book value misses brands, software and people, so asset-light companies always look expensive on it. Most useful for banks and industrials.

More on Texas Pacific Land

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.