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 $1198.97.
Texas Pacific Land's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was $29.83. Hence, Texas Pacific Land's PS Ratio for today is 40.19.
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: 21.6 Max: 57.99
Current: 40.18
During the past 13 years, Texas Pacific Land's highest PS Ratio was 57.99. The lowest was 5.58. And the median was 21.60.
TPL's PS Ratio is ranked worse than 98.26% of 917
companies
in the Oil & Gas industry
Industry Median: 1.08
vs TPL: 40.18
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 11.50% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 28.20% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 15.80% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 36.00% 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 -24.40% per year. And the median was 17.30% per year.
Back to Basics: PS Ratio
Texas Pacific Land PS Ratio Historical Data
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.
Competitive Comparison of Texas Pacific Land's PS Ratio
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's PS Ratio Distribution in the 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.
Texas Pacific Land PS Ratio Calculation
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 $1198.97. Texas Pacific Land's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $29.83.
* 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 (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
Thank you for viewing the detailed overview of Texas Pacific Land's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
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. It operates its business in two segments including Land and Resource Management and Water Service and Operations. The Land and Resource Management segment focuses on managing its oil and gas royalty interest and surface acres of land. The Water Services and Operations segment encompasses the business of providing full-service water offerings to operators, produced-water treatment, infrastructure development, and disposal solutions. The company generates the majority of its revenue from the Land and Resource Management segment.
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