Texas Pacific Land Trust
TPL
#1314
Rank
$13.25 B
Marketcap
$576.33
Share price
2.97%
Change (1 day)
-65.57%
Change (1 year)

Texas Pacific Land Trust (TPL) - P/B ratio

P/B ratio as of March 2024 : 4.24

According to Texas Pacific Land Trust 's latest financial reports the company has a price-to-book ratio of 4.24.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Texas Pacific Land Trust - P/B ratio (from 2001 to 2023)

P/B ratio by year

Year P/B ratio Change
2023-12-3111.6-51.62%
2022-12-3123.961.09%
2021-12-3114.827.73%
2020-12-3111.6-1.77%
2019-12-3111.8-31.14%
2018-12-3117.2-48.42%
2017-12-3133.3-32.58%
2016-12-3149.4112.42%
2015-12-3123.3-36.71%
2014-12-3136.8-22.22%
2013-12-3147.356.83%
2012-12-3130.163.83%
2011-12-3118.4-3.36%
2010-12-3119.026.12%
2009-12-3115.150.57%
2008-12-3110.0-46.85%
2007-12-3118.90.06%
2006-12-3118.844.23%
2005-12-3113.10.12%
2004-12-3113.144.38%
2003-12-319.0434.02%
2002-12-316.75

P/B ratio for similar companies or competitors

Company P/B ratio differencediff. Country
2.34-44.69%๐Ÿ‡บ๐Ÿ‡ธ USA
7.25 71.10%๐Ÿ‡บ๐Ÿ‡ธ USA