Texas Pacific LandTPL -0.52%90 Cyclically Adjusted PS Ratio is 51.54 as of Jul. 06, 2026, which is 1% below its 10-year median of 52.09. GuruFocus rates TPL with a GF Score™ of 90/100 and a GF Value™ of $370.54 (Fairly Valued). The stock has 2 warning signs investors should review. Among 707 Oil & Gas companies, Texas Pacific Land ranks worse than 100% on this metric.
The historical rank and industry rank for Texas Pacific Land's Cyclically Adjusted PS Ratio or its related term are showing as below:
TPL'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 21.19 Med: 52.09 Max: 105.32
Current: 51.78
During the past years, Texas Pacific Land's highest Cyclically Adjusted PS Ratio was 105.32. The lowest was 21.19. And the median was 52.09.
TPL's Cyclically Adjusted PS Ratio is ranked worse than 100% of 707
companies
in the Oil & Gas industry
Industry Median: 1
vs TPL: 51.78
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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.
Texas Pacific Land's adjusted revenue per share data for the three months ended in Mar. 2026 was $3.432. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $7.86 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Texas Pacific Land (NYSE:TPL) Cyclically Adjusted PS Ratio Explanation
Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.
Texas Pacific Land Cyclically Adjusted PS Ratio Related Terms
Texas Pacific Land Cyclically Adjusted PS Ratio Historical Data
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The historical data trend for Texas Pacific Land's Cyclically Adjusted PS 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 PS Ratio Chart
TPL vs EQT, EXE, PR: Cyclically Adjusted PS Ratio Comparison
For the Oil & Gas E&P subindustry, Texas Pacific Land's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 PS Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Texas Pacific Land's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Texas Pacific Land's Cyclically Adjusted PS Ratio falls into.
Texas Pacific Land Cyclically Adjusted PS Ratio Calculation
Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.
Texas Pacific Land's Cyclically Adjusted PS Ratio for today is calculated as
* 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.
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 PS Ratio of 51.54 mean?
Texas Pacific Land (TPL) has a Cyclically Adjusted PS Ratio of 51.54 as of Jul. 06, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Texas Pacific Land and its competitors. This is near median its historical median of 52.09. Over the past decade, Texas Pacific Land's Cyclically Adjusted PS Ratio has ranged from 21.19 to 105.32. According to the industry distribution chart, Texas Pacific Land ranks #707 out of 707 companies in the Oil & Gas industry.
Is Texas Pacific Land's Cyclically Adjusted PS Ratio too high?
Texas Pacific Land's current Cyclically Adjusted PS Ratio of 51.54 is near median its 10-year median of 52.09. Over the past 10 years, this metric has ranged from a low of 21.19 to a high of 105.32. The Oil & Gas industry median Cyclically Adjusted PS Ratio is 1.00. Texas Pacific Land's value of 51.54 is 5054% above this industry median. Based on the distribution chart, Texas Pacific Land ranks #707 out of 707 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Texas Pacific Land has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Texas Pacific Land's Cyclically Adjusted PS Ratio compare to EQT and EXE?
According to the Oil & Gas industry distribution chart, Texas Pacific Land ranks #707 out of 707 companies for Cyclically Adjusted PS Ratio. This places Texas Pacific Land in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.00. Texas Pacific Land's value of 51.54 is 5054% above this benchmark. Historically, Texas Pacific Land's own Cyclically Adjusted PS Ratio has ranged from 21.19 to 105.32 over the past decade. While the company's 10-year median is 52.09 vs. the industry median of 1.00, 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 PS Ratio for an Oil & Gas company?
The median Cyclically Adjusted PS Ratio among Oil & Gas companies is 1.00, based on 707 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS 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 PS Ratio of 51.54 is 5054% 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue 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 PS Ratio is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Texas Pacific Land's current Cyclically Adjusted PS Ratio is 51.54, which is near median its own 10-year median of 52.09. 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 (TPL) is currently considered Fairly Valued. The stock's GF Value™ is $370.54, compared to a current price of $405.08 — trading 9.3% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 51.54, which is near median its 10-year median of 52.09 and 5054% above the Oil & Gas industry median of 1.00. Texas Pacific Land's overall GF Score™ is 90/100 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 PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Texas Pacific Land (TPL), the current Cyclically Adjusted PS Ratio is 51.54 as of Jul. 06, 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 (TPL) Overvalued in 2026?
Based on GuruFocus' analysis, Texas Pacific Land stock appears to be overvalued.
The current stock price of $405.08 is trading 9.3% above its estimated GF Value™ of $370.54.
GuruFocus considers Texas Pacific Land to be Fairly Valued.
Key valuation signals for TPL:
Cyclically Adjusted PS Ratio: 51.54 (near median its 10-year median of 52.09)
GF Value™: $370.54 vs. price of $405.08 (9.3% above fair value)
Industry Position: 5054% above the Oil & Gas median (#707 of 707)
No single metric tells the full story. See the TPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
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