LPL Financial HoldingsLPLA -1.70%86 Median PS Value is $348.41 as of Jun. 25, 2026, which is 23127% above its 10-year median of 1.50. GuruFocus rates LPLA with a GF Score™ of 86/100 and a GF Value™ of $461.58 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 389 Capital Markets companies, LPL Financial Holdings ranks better than 70.18% on this metric.
This valuation method assumes that the stock valuation will revert to its historical (10-Year) median in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
The historical rank and industry rank for LPL Financial Holdings's Median PS Value or its related term are showing as below:
LPLA'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.78 Med: 1.5 Max: 1.83
Current: 0.8
During the past 13 years, the highest Price to Median PS Value of LPL Financial Holdings was 1.83. The lowest was 0.78. And the median was 1.50.
LPLA's Price-to-Median-PS-Value is ranked better than 70.18% of 389
companies
in the Capital Markets industry
Industry Median: 1.05
vs LPLA: 0.80
LPL Financial Holdings (NAS:LPLA) Median PS Value Explanation
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio
is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.
LPL Financial Holdings's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
277.33
/
348.41
=
0.80
* 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.
LPL Financial Holdings Median PS Value Related Terms
LPL Financial Holdings Median PS Value Historical Data
* Premium members only.
The historical data trend for LPL Financial Holdings's Median PS Value 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.
LPLA vs TW, IREN, CRCL: Median PS Value Comparison
For the Capital Markets subindustry, LPL Financial Holdings's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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.
LPL Financial Holdings Price-to-Median-PS-Value vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, LPL Financial Holdings's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where LPL Financial Holdings's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 1.5345.
LPL Financial Holdings'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 $227.052.
* 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.
LPL Financial Holdings (LPLA) has a Median PS Value of $348.41 as of Jun. 25, 2026. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on LPL Financial Holdings and its competitors. This is 23127% above median its historical median of 1.50. Over the past decade, LPL Financial Holdings' Median PS Value has ranged from 0.78 to 1.83. According to the industry distribution chart, LPL Financial Holdings ranks #116 out of 389 companies in the Capital Markets industry, placing it in the top 29.8%.
Is LPL Financial Holdings' Median PS Value too high?
LPL Financial Holdings' current Median PS Value of $348.41 is 23127% above median its 10-year median of 1.50. Over the past 10 years, this metric has ranged from a low of 0.78 to a high of 1.83. The Capital Markets industry median Median PS Value is 1.05. LPL Financial Holdings' value of $348.41 is 33081.9% above this industry median. Based on the distribution chart, LPL Financial Holdings ranks #116 out of 389 companies in the Capital Markets industry, which is above the industry midpoint. Overall, LPL Financial Holdings has a GF Score™ of 86/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does LPL Financial Holdings' Median PS Value compare to TW and IREN?
According to the Capital Markets industry distribution chart, LPL Financial Holdings ranks #116 out of 389 companies for Median PS Value. This puts LPL Financial Holdings in the upper half of its industry. The industry median Median PS Value is 1.05. LPL Financial Holdings' value of $348.41 is 33081.9% above this benchmark. Historically, LPL Financial Holdings' own Median PS Value has ranged from 0.78 to 1.83 over the past decade. While the company's 10-year median is 1.50 vs. the industry median of 1.05, LPL Financial Holdings 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 Median PS Value for a Capital Markets company?
The median Median PS Value among Capital Markets companies is 1.05, based on 389 companies in the industry. Companies in the top quartile (top 25%) have a Median PS Value significantly above this median, while those in the bottom quartile fall well below. However, Median PS Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. LPL Financial Holdings's current Median PS Value of $348.41 is 33081.9% 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 Median PS Value mean?
A high Median PS Value can signal that a stock is expensive relative to its fundamentals. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on LPL Financial Holdings and its competitors. For the Capital Markets industry, the median Median PS Value is 1.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LPL Financial Holdings's current Median PS Value is $348.41, which is 23127% above median its own 10-year median of 1.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LPL Financial Holdings stock overvalued right now?
Based on GuruFocus' analysis, LPL Financial Holdings (LPLA) is currently considered Significantly Undervalued. The stock's GF Value™ is $461.58, compared to a current price of $277.33 — trading 39.9% below its estimated fair value. The current Median PS Value is $348.41, which is 23127% above median its 10-year median of 1.50 and 33081.9% above the Capital Markets industry median of 1.05. LPL Financial Holdings' overall GF Score™ is 86/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Median PS Value calculated?
Median PS Value is calculated from a company's financial statements. For LPL Financial Holdings (LPLA), the current Median PS Value is $348.41 as of Jun. 25, 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 LPL Financial Holdings (LPLA) Overvalued in 2026?
Based on GuruFocus' analysis, LPL Financial Holdings stock appears to be undervalued.
The current stock price of $277.33 is trading 39.9% below its estimated GF Value™ of $461.58.
GuruFocus considers LPL Financial Holdings to be Significantly Undervalued.
Key valuation signals for LPLA:
Median PS Value: $348.41 (23127% above median its 10-year median of 1.50)
GF Value™: $461.58 vs. price of $277.33 (39.9% below fair value)
Industry Position: 33081.9% above the Capital Markets median (#116 of 389)
No single metric tells the full story. See the LPLA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
LPL Financial is the largest US independent broker-dealer, with more than 32,000 financial advisors affiliated with its platform and roughly 11 million customer accounts at the end of 2025. The firm earns the bulk of its profit from interest income earned on client cash balances and from advisory fees and commissions tied to the $2.4 trillion in assets under management or advisory on its platform at year-end 2025. LPL specializes in providing turnkey wealth management services for affiliated independent advisors, but maintains a diverse array of affiliation modalities, running the gamut from more traditional employee models to a pure RIA custody approach. It earns tuck-in revenue from recordkeeping fees and the provision of software tools and services to its advisor base.
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