Texas Pacific Land (FRA:9WY) 3-Year Book Growth Rate : 29.60% (As of Mar. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Texas Pacific Land 3-Year Book Growth Rate?

Texas Pacific Land's Book Value per Share for the quarter that ended in Mar. 2024 was €44.91.

During the past 12 months, Texas Pacific Land's average Book Value per Share Growth Rate was 35.90% per year. During the past 3 years, the average Book Value per Share Growth Rate was 29.60% per year. During the past 5 years, the average Book Value per Share Growth Rate was 28.80% per year. During the past 10 years, the average Book Value per Share Growth Rate was 56.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of Texas Pacific Land was 122.30% per year. The lowest was -9.20% per year. And the median was 7.80% per year.

Competitive Comparison of Texas Pacific Land's 3-Year Book Growth Rate

For the Oil & Gas E&P subindustry, Texas Pacific Land's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Texas Pacific Land's 3-Year Book Growth Rate Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Texas Pacific Land's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Texas Pacific Land's 3-Year Book Growth Rate falls into.

Texas Pacific Land 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

Texas Pacific Land (FRA:9WY) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.

Texas Pacific Land 3-Year Book Growth Rate Related Terms

Thank you for viewing the detailed overview of Texas Pacific Land's 3-Year Book Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.

Texas Pacific Land (FRA:9WY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Texas Pacific Land Corp (FRA:9WY) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

TPL:USA

Address

1700 Pacific Avenue, Suite 2900, Dallas, TX, USA, 75201

Website

https://www.texaspacific.com

Texas Pacific Land Corp is mainly engaged in sales and leases of land owned, retaining oil and gas royalties, and the overall management of the land owned. It operates its business in two segments including Land and Resource Management and Water Service and Operations. The Land and Resource Management segment focuses on managing its oil and gas royalty interest and surface acres located in 19 different counties. The Water Service and Operations segment includes Water Sourcing, Produced Water Gathering / Treatment / Recycling, Infrastructure Development, Produced Water Disposal, Water Tracking / Analytics / Well Testing.

Texas Pacific Land (FRA:9WY) Headlines

No Headlines