Texas Pacific LandTPL -1.88%90 PS Ratio is 33.50 as of Jul. 05, 2026, which is 37% above its 10-year median of 24.44. GuruFocus rates TPL with a GF Score™ of 90/100 and a GF Value™ of $369.98 (Fairly Valued). The stock has 2 warning signs investors should review. Among 881 Oil & Gas companies, Texas Pacific Land ranks worse than 97.62% on this metric.
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Texas Pacific Land's share price is $407.20.
Texas Pacific Land's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was $12.16. Hence, Texas Pacific Land's PS Ratio for today is 33.50.
The historical rank and industry rank for Texas Pacific Land's PS Ratio or its related term are showing as below:
TPL'
s PS Ratio Range Over the Past 10 Years
Min: 5.58 Med: 24.44 Max: 57.99
Current: 33.5
During the past 13 years, Texas Pacific Land's highest PS Ratio was 57.99. The lowest was 5.58. And the median was 24.44.
TPL's PS Ratio is ranked worse than 97.62% of 881
companies
in the Oil & Gas industry
Industry Median: 1.29
vs TPL: 33.50
Texas Pacific Land Corp has shown predictable revenue and earnings growth.
During the past 12 months, the average Revenue per Share Growth Rate of Texas Pacific Land was 15.30% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 6.40% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 19.50% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 28.20% per year.
During the past 13 years, Texas Pacific Land's highest 3-Year average Revenue per Share Growth Rate was 97.00% per year. The lowest was -17.80% per year. And the median was 17.30% per year.
Back to Basics: PS Ratio
Texas Pacific Land (NYSE:TPL) PS Ratio Explanation
The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.
When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.
The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.
Texas Pacific Land PS Ratio Related Terms
Texas Pacific Land PS Ratio Historical Data
* Premium members only.
The historical data trend for Texas Pacific Land's 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.
For the Oil & Gas E&P subindustry, Texas Pacific Land's PS Ratio, along with its competitors' market caps and 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 PS Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Texas Pacific Land's PS Ratio distribution charts can be found below:
* The bar in red indicates where Texas Pacific Land's PS Ratio falls into.
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.
Texas Pacific Land's Share Price of today is $407.20. Texas Pacific Land's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $12.16.
* 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.
It can also be calculated from the numbers for the whole company:
Texas Pacific Land (TPL) has a PS Ratio of 33.50 as of Jul. 05, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Texas Pacific Land and its competitors. This is 37% above median its historical median of 24.44. Over the past decade, Texas Pacific Land's PS Ratio has ranged from 5.58 to 57.99. According to the industry distribution chart, Texas Pacific Land ranks #860 out of 881 companies in the Oil & Gas industry, placing it in the top 97.6%.
Is Texas Pacific Land's PS Ratio too high?
Texas Pacific Land's current PS Ratio of 33.50 is 37% above median its 10-year median of 24.44. Over the past 10 years, this metric has ranged from a low of 5.58 to a high of 57.99. The Oil & Gas industry median PS Ratio is 1.29. Texas Pacific Land's value of 33.50 is 2496.9% above this industry median. Based on the distribution chart, Texas Pacific Land ranks #860 out of 881 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 PS Ratio compare to EQT and EXE?
According to the Oil & Gas industry distribution chart, Texas Pacific Land ranks #860 out of 881 companies for PS Ratio. This places Texas Pacific Land in the lower half of its industry. The industry median PS Ratio is 1.29. Texas Pacific Land's value of 33.50 is 2496.9% above this benchmark. Historically, Texas Pacific Land's own PS Ratio has ranged from 5.58 to 57.99 over the past decade. While the company's 10-year median is 24.44 vs. the industry median of 1.29, 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 PS Ratio for an Oil & Gas company?
The median PS Ratio among Oil & Gas companies is 1.29, based on 881 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Texas Pacific Land's current PS Ratio of 33.50 is 2496.9% 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 PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Texas Pacific Land and its competitors. For the Oil & Gas industry, the median PS Ratio is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Texas Pacific Land's current PS Ratio is 33.50, which is 37% above median its own 10-year median of 24.44. 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 $369.98, compared to a current price of $407.20 — trading 10.1% above its estimated fair value. The current PS Ratio is 33.50, which is 37% above median its 10-year median of 24.44 and 2496.9% above the Oil & Gas industry median of 1.29. 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 PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For Texas Pacific Land (TPL), the current PS Ratio is 33.50 as of Jul. 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 (TPL) Overvalued in 2026?
Based on GuruFocus' analysis, Texas Pacific Land stock appears to be overvalued.
The current stock price of $407.20 is trading 10.1% above its estimated GF Value™ of $369.98.
GuruFocus considers Texas Pacific Land to be Fairly Valued.
Key valuation signals for TPL:
PS Ratio: 33.50 (37% above median its 10-year median of 24.44)
GF Value™: $369.98 vs. price of $407.20 (10.1% above fair value)
Industry Position: 2496.9% above the Oil & Gas median (#860 of 881)
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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