Texas Pacific Land (NYSE:TPL) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
Texas Pacific Land Forward PE Ratio Related Terms
Texas Pacific Land Forward PE Ratio Historical Data
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The historical data trend for Texas Pacific Land's Forward PE 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 Forward PE Ratio Chart
Texas Pacific Land Annual Data
Trend
2021-12
2022-12
2023-12
2024-12
2025-12
Forward PE Ratio
26.74
39.22
28.09
46.98
34.78
Texas Pacific Land Quarterly Data
2021-03
2021-06
2021-12
2022-03
2022-06
2022-09
2022-12
2023-03
2023-06
2023-12
2024-03
2024-06
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
56.18
52.08
26.74
26.32
28.25
33.22
39.22
31.35
28.09
28.09
31.06
34.60
46.98
51.04
41.26
39.71
34.78
61.96
TPL vs EQT, EXE, PR: Forward PE Ratio Comparison
For the Oil & Gas E&P subindustry, Texas Pacific Land's Forward PE Ratio, along with its competitors' market caps and Forward 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 Forward PE Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Texas Pacific Land's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Texas Pacific Land's Forward PE Ratio falls into.
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
Texas Pacific Land (TPL) has a Forward PE Ratio of 43.92 as of Jul. 08, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Texas Pacific Land and its competitors. According to the industry distribution chart, Texas Pacific Land ranks #501 out of 542 companies in the Oil & Gas industry, placing it in the top 92.4%.
Is Texas Pacific Land's Forward PE Ratio too high?
Texas Pacific Land's current Forward PE Ratio is 43.92. The Oil & Gas industry median Forward PE Ratio is 10.73. Texas Pacific Land's value of 43.92 is 309.3% above this industry median. Based on the distribution chart, Texas Pacific Land ranks #501 out of 542 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Texas Pacific Land has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Texas Pacific Land's Forward PE Ratio compare to EQT and EXE?
According to the Oil & Gas industry distribution chart, Texas Pacific Land ranks #501 out of 542 companies for Forward PE Ratio. This places Texas Pacific Land in the lower half of its industry. The industry median Forward PE Ratio is 10.73. Texas Pacific Land's value of 43.92 is 309.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for an Oil & Gas company?
The median Forward PE Ratio among Oil & Gas companies is 10.73, based on 542 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Texas Pacific Land's current Forward PE Ratio of 43.92 is 309.3% 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 Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Texas Pacific Land and its competitors. For the Oil & Gas industry, the median Forward PE Ratio is 10.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Texas Pacific Land's current Forward PE Ratio is 43.92. 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 $371.11, compared to a current price of $402.76 — trading 8.5% above its estimated fair value. The current Forward PE Ratio is 43.92 and 309.3% above the Oil & Gas industry median of 10.73. Texas Pacific Land's overall GF Score™ is 86/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For Texas Pacific Land (TPL), the current Forward PE Ratio is 43.92 as of Jul. 08, 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 $402.76 is trading 8.5% above its estimated GF Value™ of $371.11.
GuruFocus considers Texas Pacific Land to be Fairly Valued.
Key valuation signals for TPL:
Forward PE Ratio: 43.92
GF Value™: $371.11 vs. price of $402.76 (8.5% above fair value)
Industry Position: 309.3% above the Oil & Gas median (#501 of 542)
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.
86GF Score
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Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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