Texas Pacific Land Stock

Texas Pacific Land P/S 2024

Texas Pacific Land P/S

19.6

Ticker

TPL

ISIN

US88262P1021

WKN

A2QL4H

As of Sep 29, 2024, Texas Pacific Land's P/S ratio stood at 19.6, a 21.14% change from the 16.18 P/S ratio recorded in the previous year.

The Texas Pacific Land P/S history

Texas Pacific Land Aktienanalyse

What does Texas Pacific Land do?

The Texas Pacific Land Corp is a company from the USA that specializes in land ownership and development. The company's history can be traced back to 1888 when the Fort Worth and Denver City Railway Company was founded. This railway company purchased large tracts of land in West Texas and built railroads on them. As a result, the company also acquired the rights to own and sell mineral rights on these lands. Over the years, the company changed owners several times and underwent various restructurings. Eventually, in the 1950s, the railway company was renamed the Texas Pacific Coal and Oil Company, which was later renamed the Texas Pacific Land Trust. In 2014, it was converted into the Texas Pacific Land Corp. The business model of the Texas Pacific Land Corp is to manage and develop the land in West Texas. It consists of large tracts of land totaling around 880,000 acres (approximately 3,500 km²), of which about 85% are still undeveloped. The company is divided into various divisions that deal with different aspects of land development. One division is the oil and gas business, in which the Texas Pacific Land Corp manages the mineral rights on its land holdings. The company leases these rights to oil and gas production companies and receives rental income as well as a share in the production. The exploration of new oil and gas fields is also part of the Texas Pacific Land Corp's business. Another division is land management, in which the company manages and markets the land. This involves primarily leasing grazing land to livestock owners and leasing hunting areas. The leasing of solar and wind power facilities is also offered by the Texas Pacific Land Corp. The "water resources" division deals with the utilization and marketing of water on the company's land holdings. This includes, among other things, leasing water rights to farmers as well as developing new water sources. Finally, there is the "real estate development" division, in which the Texas Pacific Land Corp plans and implements its own real estate projects. This mainly involves the development of residential and commercial areas. Overall, the Texas Pacific Land Corp is a company that focuses on the long-term development and management of land. The company is particularly strong in the oil and gas business and in leasing land to livestock owners. The marketing of water resources is also becoming increasingly important. Additionally, the company plans its own real estate projects to tap into even more sources of income. Texas Pacific Land ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Texas Pacific Land's P/S Ratio

Texas Pacific Land's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.

Year-to-Year Comparison

Comparing Texas Pacific Land's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.

Impact on Investments

The P/S ratio is instrumental for investors evaluating Texas Pacific Land's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.

Interpreting P/S Ratio Fluctuations

Variations in Texas Pacific Land’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.

Frequently Asked Questions about Texas Pacific Land stock

What is the price-to-earnings ratio of Texas Pacific Land?

The price-earnings ratio of Texas Pacific Land is currently 19.6.

How has the price-earnings ratio of Texas Pacific Land changed compared to last year?

The price-to-earnings ratio of Texas Pacific Land has increased by 21.14% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Texas Pacific Land high compared to other companies?

Yes, the price-to-earnings ratio of Texas Pacific Land is high compared to other companies.

How does an increase in the price-earnings ratio of Texas Pacific Land affect the company?

An increase in the price-earnings ratio of Texas Pacific Land would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Texas Pacific Land affect the company?

A decrease in the price-earnings ratio of Texas Pacific Land would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Texas Pacific Land?

Some factors that influence the price-earnings ratio of Texas Pacific Land are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Texas Pacific Land pay?

Over the past 12 months, Texas Pacific Land paid a dividend of 13 USD . This corresponds to a dividend yield of about 1.47 %. For the coming 12 months, Texas Pacific Land is expected to pay a dividend of 13.09 USD.

What is the dividend yield of Texas Pacific Land?

The current dividend yield of Texas Pacific Land is 1.47 %.

When does Texas Pacific Land pay dividends?

Texas Pacific Land pays a quarterly dividend. This is distributed in the months of March, July, August, October.

How secure is the dividend of Texas Pacific Land?

Texas Pacific Land paid dividends every year for the past 13 years.

What is the dividend of Texas Pacific Land?

For the upcoming 12 months, dividends amounting to 13.09 USD are expected. This corresponds to a dividend yield of 1.48 %.

In which sector is Texas Pacific Land located?

Texas Pacific Land is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Texas Pacific Land kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Texas Pacific Land from 9/17/2024 amounting to 1.17 USD, you needed to have the stock in your portfolio before the ex-date on 9/3/2024.

When did Texas Pacific Land pay the last dividend?

The last dividend was paid out on 9/17/2024.

What was the dividend of Texas Pacific Land in the year 2023?

In the year 2023, Texas Pacific Land distributed 15.667 USD as dividends.

In which currency does Texas Pacific Land pay out the dividend?

The dividends of Texas Pacific Land are distributed in USD.

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Andere Kennzahlen von Texas Pacific Land

Our stock analysis for Texas Pacific Land Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Texas Pacific Land Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.