Price to Book Value (P/BV)
since 2005
Calculation
Texas Pacific Land Corp., P/BV, long-term trends, calculation
| P/BV | = | Share price1, 2, 3 | ÷ | Book value per share1 (BVPS) | BVPS1 | = | Total equity1 (in thousands) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 21, 2024 | 11.19 | = | 507.46 | ÷ | 45.35 | 45.35 | = | 1,043,196 | ÷ | 23,005,266 | |
| Feb 22, 2023 | 17.81 | = | 596.28 | ÷ | 33.48 | 33.48 | = | 772,887 | ÷ | 23,086,488 | |
| Feb 23, 2022 | 12.03 | = | 337.37 | ÷ | 28.05 | 28.05 | = | 651,711 | ÷ | 23,236,125 | |
| Feb 25, 2021 | 17.77 | = | 370.62 | ÷ | 20.85 | 20.85 | = | 485,184 | ÷ | 23,268,468 | |
| Feb 27, 2020 | 10.27 | = | 226.07 | ÷ | 22.01 | 22.01 | = | 512,137 | ÷ | 23,268,468 | |
| Feb 28, 2019 | 23.58 | = | 247.87 | ÷ | 10.51 | 10.51 | = | 244,691 | ÷ | 23,281,242 | |
| Feb 28, 2018 | 53.24 | = | 179.69 | ÷ | 3.37 | 3.37 | = | 79,193 | ÷ | 23,464,797 | |
| Feb 28, 2017 | 49.69 | = | 99.50 | ÷ | 2.00 | 2.00 | = | 47,624 | ÷ | 23,781,942 | |
| Feb 29, 2016 | 24.16 | = | 45.33 | ÷ | 1.88 | 1.88 | = | 45,689 | ÷ | 24,354,192 | |
| Feb 27, 2015 | 43.32 | = | 46.36 | ÷ | 1.07 | 1.07 | = | 26,720 | ÷ | 24,967,197 | |
| Feb 28, 2014 | 64.32 | = | 45.37 | ÷ | 0.71 | 0.71 | = | 17,930 | ÷ | 25,419,606 | |
| Mar 11, 2013 | 33.21 | = | 19.63 | ÷ | 0.59 | 0.59 | = | 15,596 | ÷ | 26,385,774 | |
| Mar 12, 2012 | 20.68 | = | 15.44 | ÷ | 0.75 | 0.75 | = | 20,547 | ÷ | 27,526,242 | |
| Mar 11, 2011 | 23.18 | = | 14.81 | ÷ | 0.64 | 0.64 | = | 18,302 | ÷ | 28,645,332 | |
| Mar 12, 2010 | 14.16 | = | 9.40 | ÷ | 0.66 | 0.66 | = | 19,704 | ÷ | 29,683,542 | |
| Mar 16, 2009 | 8.62 | = | 6.62 | ÷ | 0.77 | 0.77 | = | 23,525 | ÷ | 30,618,438 | |
| Mar 14, 2008 | 14.12 | = | 11.17 | ÷ | 0.79 | 0.79 | = | 24,890 | ÷ | 31,465,125 | |
| Mar 15, 2007 | 21.01 | = | 16.13 | ÷ | 0.77 | 0.77 | = | 24,439 | ÷ | 31,838,625 | |
| Mar 16, 2006 | 12.37 | = | 9.40 | ÷ | 0.76 | 0.76 | = | 24,614 | ÷ | 32,378,625 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Texas Pacific Land Corp. Annual Report.
Comparison to Competitors
Texas Pacific Land Corp., P/BV, long-term trends, comparison to competitors
| Texas Pacific Land Corp. | Chevron Corp. | ConocoPhillips | Exxon Mobil Corp. | Occidental Petroleum Corp. | |
|---|---|---|---|---|---|
| Feb 21, 2024 | 11.19 | 1.78 | 2.65 | 2.02 | 1.67 |
| Feb 22, 2023 | 17.81 | 1.94 | 2.75 | 2.29 | 1.76 |
| Feb 23, 2022 | 12.03 | 1.89 | 2.61 | 1.93 | 1.79 |
| Feb 25, 2021 | 17.77 | 1.50 | 2.22 | 1.53 | 1.33 |
| Feb 27, 2020 | 10.27 | 1.42 | 1.80 | 1.17 | 0.86 |
| Feb 28, 2019 | 23.58 | 1.47 | 2.47 | 1.75 | 2.34 |
| Feb 28, 2018 | 53.24 | 1.42 | 2.10 | 1.71 | 2.54 |
| Feb 28, 2017 | 49.69 | 1.44 | 1.70 | 2.01 | 2.32 |
| Feb 29, 2016 | 24.16 | 1.05 | 1.02 | 1.98 | 2.19 |
| Feb 27, 2015 | 43.32 | 1.32 | 1.59 | 2.16 | 1.76 |
| Feb 28, 2014 | 64.32 | 1.44 | 1.57 | 2.38 | 1.77 |
| Mar 11, 2013 | 33.21 | 1.65 | 1.49 | 2.42 | 1.65 |
| Mar 12, 2012 | 20.68 | 1.76 | 1.45 | 2.67 | 2.26 |
| Mar 11, 2011 | 23.18 | 1.95 | 1.64 | 2.88 | 2.55 |
| Mar 12, 2010 | 14.16 | 1.58 | 1.15 | 2.78 | 2.21 |
| Mar 16, 2009 | 8.62 | 1.46 | 1.03 | 2.97 | 1.50 |
| Mar 14, 2008 | 14.12 | 2.40 | 1.41 | 3.93 | 2.65 |
| Mar 15, 2007 | 21.01 | 2.14 | 1.33 | 3.58 | 2.02 |
| Mar 16, 2006 | 12.37 | 2.03 | 1.62 | 3.26 | 2.48 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Oil, Gas & Consumable Fuels)
Texas Pacific Land Corp., P/BV, long-term trends, comparison to sector (oil, gas & consumable fuels)
| Texas Pacific Land Corp. | Oil, Gas & Consumable Fuels | |
|---|---|---|
| Feb 21, 2024 | 11.19 | 1.98 |
| Feb 22, 2023 | 17.81 | 2.18 |
| Feb 23, 2022 | 12.03 | 1.99 |
| Feb 25, 2021 | 17.77 | 1.57 |
| Feb 27, 2020 | 10.27 | 1.29 |
| Feb 28, 2019 | 23.58 | 1.73 |
| Feb 28, 2018 | 53.24 | 1.67 |
| Feb 28, 2017 | 49.69 | 1.77 |
| Feb 29, 2016 | 24.16 | 1.53 |
| Feb 27, 2015 | 43.32 | 1.74 |
| Feb 28, 2014 | 64.32 | 1.88 |
| Mar 11, 2013 | 33.21 | 1.96 |
| Mar 12, 2012 | 20.68 | 2.13 |
| Mar 11, 2011 | 23.18 | 2.33 |
| Mar 12, 2010 | 14.16 | 2.00 |
| Mar 16, 2009 | 8.62 | 1.98 |
| Mar 14, 2008 | 14.12 | 2.73 |
| Mar 15, 2007 | 21.01 | 2.48 |
| Mar 16, 2006 | 12.37 | 2.54 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Energy)
Texas Pacific Land Corp., P/BV, long-term trends, comparison to industry (energy)
| Texas Pacific Land Corp. | Energy | |
|---|---|---|
| Feb 21, 2024 | 11.19 | 2.05 |
| Feb 22, 2023 | 17.81 | 2.27 |
| Feb 23, 2022 | 12.03 | 2.06 |
| Feb 25, 2021 | 17.77 | 1.60 |
| Feb 27, 2020 | 10.27 | 1.33 |
| Feb 28, 2019 | 23.58 | 1.73 |
| Feb 28, 2018 | 53.24 | 1.78 |
| Feb 28, 2017 | 49.69 | 1.89 |
| Feb 29, 2016 | 24.16 | 1.60 |
| Feb 27, 2015 | 43.32 | 1.82 |
| Feb 28, 2014 | 64.32 | 1.97 |
| Mar 11, 2013 | 33.21 | 2.04 |
| Mar 12, 2012 | 20.68 | 2.21 |
| Mar 11, 2011 | 23.18 | 2.46 |
| Mar 12, 2010 | 14.16 | 2.11 |
| Mar 16, 2009 | 8.62 | 2.04 |
| Mar 14, 2008 | 14.12 | 2.92 |
| Mar 15, 2007 | 21.01 | 2.64 |
| Mar 16, 2006 | 12.37 | 2.74 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).