Texas Pacific Land Trust
TPL
$614.31
Share price
-0.04%
Change (1 day)
-53.79%
Change (1 year)
Texas Pacific Land Trust (TPL) - P/B ratio
P/B ratio as of June 2024 : 12.6
According to Texas Pacific Land Trust
's latest financial reports the company has a price-to-book ratio of 12.6.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.
Texas Pacific Land Trust - P/B ratio (from 2001 to 2024)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2024-12-31 | N/A | -100% |
| 2023-12-31 | 11.6 | -51.62% |
| 2022-12-31 | 23.9 | 61.09% |
| 2021-12-31 | 14.8 | 27.73% |
| 2020-12-31 | 11.6 | -1.77% |
| 2019-12-31 | 11.8 | -31.14% |
| 2018-12-31 | 17.2 | -48.42% |
| 2017-12-31 | 33.3 | -32.58% |
| 2016-12-31 | 49.4 | 112.42% |
| 2015-12-31 | 23.3 | -36.71% |
| 2014-12-31 | 36.8 | -22.22% |
| 2013-12-31 | 47.3 | 56.83% |
| 2012-12-31 | 30.1 | 63.83% |
| 2011-12-31 | 18.4 | -3.36% |
| 2010-12-31 | 19.0 | 26.12% |
| 2009-12-31 | 15.1 | 50.57% |
| 2008-12-31 | 10.0 | -46.85% |
| 2007-12-31 | 18.9 | 0.06% |
| 2006-12-31 | 18.8 | 44.23% |
| 2005-12-31 | 13.1 | 0.12% |
| 2004-12-31 | 13.1 | 44.38% |
| 2003-12-31 | 9.04 | 34.02% |
| 2002-12-31 | 6.75 |
P/B ratio for similar companies or competitors
| Company | P/B ratio | differencediff. | Country |
|---|---|---|---|
 Viper Energy Partners VNOM | 2.37 | -81.14% | 🇺🇸 USA |
 Dorchester Minerals DMLP | 7.21 | -42.75% | 🇺🇸 USA |