TPL (Texas Pacific Land) E10: $5.25 (As of Jun. 2026)

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TPL Texas Pacific Land Corp TPL
91 GF Score
Price $369.40
GF Value $401.15
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Texas Pacific Land E10?

Texas Pacific Land TPL -0.91% 91 E10 is $5.25 as of Jun. 2026. GuruFocus rates TPL with a GF Score™ of 91/100 and a GF Value™ of $401.15 (Fairly Valued). The stock has 2 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Texas Pacific Land's adjusted earnings per share data for the three months ended in Jun. 2026 was $2.230. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $5.25 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Texas Pacific Land's average E10 Growth Rate was 20.10% per year. During the past 3 years, the average E10 Growth Rate was 20.80% per year. During the past 5 years, the average E10 Growth Rate was 26.60% per year. During the past 10 years, the average E10 Growth Rate was 36.00% 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 E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Texas Pacific Land was 57.40% per year. The lowest was 0.00% per year. And the median was 18.60% per year.

As of today (2026-08-27), Texas Pacific Land's current stock price is $369.40. Texas Pacific Land's E10 for the quarter that ended in Jun. 2026 was $5.25. Texas Pacific Land's Shiller PE Ratio of today is 70.36.

During the past 13 years, the highest Shiller PE Ratio of Texas Pacific Land was 165.24. The lowest was 32.40. And the median was 81.72.


Texas Pacific Land  (NYSE:TPL) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Texas Pacific Land's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=369.40/5.25
=70.36

* 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.

During the past 13 years, the highest Shiller P/E Ratio of Texas Pacific Land was 165.24. The lowest was 32.40. And the median was 81.72.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Texas Pacific Land E10 Related Terms


Texas Pacific Land E10 Historical Data

* Premium members only.

The historical data trend for Texas Pacific Land's E10 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 E10 Chart

Texas Pacific Land Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.93 2.67 3.30 3.99 4.71

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
E10 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 4.37 4.56 4.71 4.99 5.25

TPL vs EQT, EXE, PR: E10 Comparison

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

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

* The bar in red indicates where Texas Pacific Land's Shiller PE Ratio falls into.


TPL
91GF Score
Texas Pacific Land Corp TPL
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Texas Pacific Land E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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.

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

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=2.23/333.9520*333.9520
=2.230

Current CPI (Jun. 2026) = 333.9520.

Texas Pacific Land Quarterly Data

per share eps CPI Adj_EPS
201609 0.124 241.428 0.172
201612 0.223 241.432 0.308
201703 0.270 243.801 0.370
201706 0.287 244.955 0.391
201709 0.467 246.819 0.632
201712 0.351 246.524 0.475
201803 0.622 249.554 0.832
201806 0.748 251.989 0.991
201809 0.724 252.439 0.958
201812 0.897 251.233 1.192
201903 2.004 254.202 2.633
201906 0.710 256.143 0.926
201909 0.860 256.759 1.119
201912 1.022 256.974 1.328
202003 0.822 258.115 1.064
202006 0.396 257.797 0.513
202009 0.663 260.280 0.851
202012 0.641 260.474 0.822
202103 0.717 264.877 0.904
202106 0.818 271.696 1.005
202109 1.202 274.310 1.463
202112 1.134 278.802 1.358
202203 1.404 287.504 1.631
202206 1.708 296.311 1.925
202209 1.869 296.808 2.103
202212 1.438 296.797 1.618
202303 1.250 301.836 1.383
202306 1.450 305.109 1.587
202309 1.527 307.789 1.657
202312 1.637 306.746 1.782
202403 1.657 312.332 1.772
202406 1.660 314.175 1.764
202409 1.543 315.301 1.634
202412 1.713 315.605 1.813
202503 1.750 319.799 1.827
202506 1.680 322.561 1.739
202509 1.757 324.800 1.807
202512 1.790 324.054 1.845
202603 2.070 330.213 2.093
202606 2.230 333.952 2.230

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of $5.25 mean?
Texas Pacific Land (TPL) has a E10 of $5.25 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Texas Pacific Land and its competitors.
Is Texas Pacific Land's E10 too high?
Texas Pacific Land's current E10 is $5.25. Overall, Texas Pacific Land has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Texas Pacific Land's E10 compare to EQT and EXE?
Texas Pacific Land's E10 of $5.25 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for an Oil & Gas company?
A good E10 depends on the Oil & Gas industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Texas Pacific Land and its competitors. Texas Pacific Land's current E10 is $5.25. 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 $401.15, compared to a current price of $369.40 — trading 7.9% below its estimated fair value. The current E10 is $5.25. Texas Pacific Land's overall GF Score™ is 91/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Texas Pacific Land (TPL), the current E10 is $5.25 as of Jun. 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 undervalued. The current stock price of $369.40 is trading 7.9% below its estimated GF Value™ of $401.15. GuruFocus considers Texas Pacific Land to be Fairly Valued.

Key valuation signals for TPL:

  • E10: $5.25
  • GF Value™: $401.15 vs. price of $369.40 (7.9% below fair value)
  • GF Score™: 91/100 with 2 warning signs

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 Business Description

Industry EnergyOil & Gas
Other Exchanges 9WY:Germany
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.
91GF Score

Get the complete analysis for TPL

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$369.40
Price
$401.15
GF Value