Texas Pacific Land (STU:9WY) Cyclically Adjusted PB Ratio: 33.20 (As of Sep. 05, 2026) — 42% Below Median

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STU:9WY Texas Pacific Land Corp STU:9WY
99 GF Score
Price €311.40
GF Value €347.07
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Texas Pacific Land Cyclically Adjusted PB Ratio?

Texas Pacific Land STU:9WY -0.95% 99 Cyclically Adjusted PB Ratio is 33.20 as of Sep. 05, 2026, which is 42% below its 10-year median of 56.82. GuruFocus rates STU:9WY with a GF Score™ of 99/100 and a GF Value™ of €347.07 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 753 Oil & Gas companies, Texas Pacific Land ranks worse than 98.8% on this metric.

As of today (2026-09-05), Texas Pacific Land's current share price is €311.40. Texas Pacific Land's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €9.38. Texas Pacific Land's Cyclically Adjusted PB Ratio for today is 33.20.

The historical rank and industry rank for Texas Pacific Land's Cyclically Adjusted PB Ratio or its related term are showing as below:

STU:9WY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 28.78   Med: 56.82   Max: 195.59
Current: 33.73

During the past years, Texas Pacific Land's highest Cyclically Adjusted PB Ratio was 195.59. The lowest was 28.78. And the median was 56.82.

STU:9WY's Cyclically Adjusted PB Ratio is ranked worse than
98.8% of 753 companies
in the Oil & Gas industry
Industry Median: 1.25 vs STU:9WY: 33.73

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Texas Pacific Land's adjusted book value per share data for the three months ended in Jun. 2026 was €21.046. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is €9.38 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Texas Pacific Land  (STU:9WY) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Texas Pacific Land Cyclically Adjusted PB Ratio Related Terms


Texas Pacific Land Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Texas Pacific Land's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Texas Pacific Land Cyclically Adjusted PB Ratio Chart

Texas Pacific Land Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.57 64.27 31.68 50.69 30.80

Texas Pacific Land Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 42.39 35.21 30.80 47.23 40.73

STU:9WY vs EXE, PR, OVV: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas E&P subindustry, Texas Pacific Land's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio 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 Cyclically Adjusted PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Texas Pacific Land's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Texas Pacific Land's Cyclically Adjusted PB Ratio falls into.


STU:9WY
99GF Score
Texas Pacific Land Corp STU:9WY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Texas Pacific Land Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Texas Pacific Land's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=311.40/9.38
=33.20

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Texas Pacific Land's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Texas Pacific Land's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=21.046/333.9520*333.9520
=21.046

Current CPI (Jun. 2026) = 333.9520.

Texas Pacific Land Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.533 241.428 0.737
201612 0.633 241.432 0.876
201703 0.568 243.801 0.778
201706 0.611 244.955 0.833
201709 0.807 246.819 1.092
201712 1.262 246.524 1.710
201803 1.276 249.554 1.708
201806 1.864 251.989 2.470
201809 2.387 252.439 3.158
201812 3.079 251.233 4.093
201903 4.232 254.202 5.560
201906 4.861 256.143 6.338
201909 5.768 256.759 7.502
201912 6.603 256.974 8.581
202003 5.774 258.115 7.470
202006 6.016 257.797 7.793
202009 6.315 260.280 8.102
202012 5.713 260.474 7.325
202103 6.184 264.877 7.797
202106 6.507 271.696 7.998
202109 7.326 274.310 8.919
202112 8.263 278.802 9.898
202203 9.481 287.504 11.013
202206 8.777 296.311 9.892
202209 10.498 296.808 11.812
202212 10.534 296.797 11.853
202303 11.183 301.836 12.373
202306 11.853 305.109 12.974
202309 13.186 307.789 14.307
202312 13.859 306.746 15.088
202403 14.970 312.332 16.006
202406 16.255 314.175 17.278
202409 13.752 315.301 14.565
202412 15.693 315.605 16.605
202503 16.180 319.799 16.896
202506 16.205 322.561 16.777
202509 16.907 324.800 17.383
202512 18.073 324.054 18.625
202603 19.513 330.213 19.734
202606 21.046 333.952 21.046

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PB Ratio of 33.20 mean?
Texas Pacific Land (STU:9WY) has a Cyclically Adjusted PB Ratio of 33.20 as of Sep. 05, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Texas Pacific Land and its competitors. This is 42% below median its historical median of 56.82. Over the past decade, Texas Pacific Land's Cyclically Adjusted PB Ratio has ranged from 28.78 to 195.59. According to the industry distribution chart, Texas Pacific Land ranks #744 out of 753 companies in the Oil & Gas industry, placing it in the top 98.8%.
Is Texas Pacific Land's Cyclically Adjusted PB Ratio too high?
Texas Pacific Land's current Cyclically Adjusted PB Ratio of 33.20 is 42% below median its 10-year median of 56.82. Over the past 10 years, this metric has ranged from a low of 28.78 to a high of 195.59. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.25. Texas Pacific Land's value of 33.20 is 2556% above this industry median. Based on the distribution chart, Texas Pacific Land ranks #744 out of 753 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Texas Pacific Land has a GF Score™ of 99/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Texas Pacific Land's Cyclically Adjusted PB Ratio compare to EXE and PR?
According to the Oil & Gas industry distribution chart, Texas Pacific Land ranks #744 out of 753 companies for Cyclically Adjusted PB Ratio. This places Texas Pacific Land in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.25. Texas Pacific Land's value of 33.20 is 2556% above this benchmark. Historically, Texas Pacific Land's own Cyclically Adjusted PB Ratio has ranged from 28.78 to 195.59 over the past decade. While the company's 10-year median is 56.82 vs. the industry median of 1.25, Texas Pacific Land has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for an Oil & Gas company?
The median Cyclically Adjusted PB Ratio among Oil & Gas companies is 1.25, based on 753 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Texas Pacific Land's current Cyclically Adjusted PB Ratio of 33.20 is 2556% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Texas Pacific Land and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Texas Pacific Land's current Cyclically Adjusted PB Ratio is 33.20, which is 42% below median its own 10-year median of 56.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Texas Pacific Land stock overvalued right now?
Based on GuruFocus' analysis, Texas Pacific Land (STU:9WY) is currently considered Modestly Undervalued. The stock's GF Value™ is €347.07, compared to a current price of €311.40 — trading 10.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 33.20, which is 42% below median its 10-year median of 56.82 and 2556% above the Oil & Gas industry median of 1.25. Texas Pacific Land's overall GF Score™ is 99/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Texas Pacific Land (STU:9WY), the current Cyclically Adjusted PB Ratio is 33.20 as of Sep. 05, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Texas Pacific Land (STU:9WY) Overvalued in 2026?

Based on GuruFocus' analysis, Texas Pacific Land stock appears to be undervalued. The current stock price of €311.40 is trading 10.3% below its estimated GF Value™ of €347.07. GuruFocus considers Texas Pacific Land to be Modestly Undervalued.

Key valuation signals for STU:9WY:

  • Cyclically Adjusted PB Ratio: 33.20 (42% below median its 10-year median of 56.82)
  • GF Value™: €347.07 vs. price of €311.40 (10.3% below fair value)
  • GF Score™: 99/100 with 2 warning signs
  • Industry Position: 2556% above the Oil & Gas median (#744 of 753)

No single metric tells the full story. See the STU:9WY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Texas Pacific Land Business Description

Industry EnergyOil & Gas
Other Exchanges TPL:USA
Address 2699 Howell Street, Suite 800, Dallas, TX, USA, 75204
Texas Pacific Land Corp is mainly engaged in the sales and leases of land owned, retaining oil and gas royalties, and the overall management of the land owned. The group operates its business in two reportable segments: Land and Resource Management and Water Service and Operations. The Land and Resource Management segment, which generates maximum revenue, focuses on managing its several surface acres of land and its oil and gas royalty interests, principally concentrated in the Permian Basin. The revenue streams of this segment consist of royalties from oil and gas, revenues from easements and commercial leases, and land and material sales. The Water Services and Operations segment encompasses the business of providing a full-service water offering to operators in the Permian Basin.
99GF Score

Get the complete analysis for STU:9WY

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€311.40
Price
€347.07
GF Value