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LexinFintech Holdings (NAS:LX) Price-to-Tangible-Book

: 0.47 (As of Today)
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As of today (2023-03-29), LexinFintech Holdings's share price is $2.60. LexinFintech Holdings's Tangible Book per Share of Sep. 2022 for the quarter that ended in Sep. 2022 was $5.51. Hence, LexinFintech Holdings's Price to Tangible Book Ratio of today is 0.47.

The historical rank and industry rank for LexinFintech Holdings's Price-to-Tangible-Book or its related term are showing as below:

LX' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.31   Med: 2.32   Max: 8.83
Current: 0.44

During the past 8 years, LexinFintech Holdings's highest Price to Tangible Book Ratio was 8.83. The lowest was 0.31. And the median was 2.32.

LX's Price-to-Tangible-Book is ranked better than
82.46% of 496 companies
in the Credit Services industry
Industry Median: 0.96 vs LX: 0.44

A closely related ratio is called PB Ratio. As of today, LexinFintech Holdings's share price is $2.60. LexinFintech Holdings's Book Value per Sharefor the quarter that ended in Sep. 2022 was $6.21. Hence, LexinFintech Holdings's P/B Ratio of today is 0.42.


LexinFintech Holdings Price-to-Tangible-Book Historical Data

The historical data trend for LexinFintech Holdings's Price-to-Tangible-Book 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.

* Premium members only.

LexinFintech Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Price-to-Tangible-Book
Premium Member Only Premium Member Only Premium Member Only 2.13 2.65 1.78 0.64 -

LexinFintech Holdings Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Price-to-Tangible-Book Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.64 0.43 0.38 0.31 -

Competitive Comparison

For the Credit Services subindustry, LexinFintech Holdings's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.

   

LexinFintech Holdings Price-to-Tangible-Book Distribution

For the Credit Services industry and Financial Services sector, LexinFintech Holdings's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where LexinFintech Holdings's Price-to-Tangible-Book falls in comparison to its industry or sector. The grey bar indicates the Price-to-Tangible-Book's extreme value range as defined by GuruFocus.



LexinFintech Holdings Price-to-Tangible-Book Calculation

LexinFintech Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2022 )
=2.60/5.509
=0.47

* 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:

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


LexinFintech Holdings Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of LexinFintech Holdings's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


LexinFintech Holdings (NAS:LX) Business Description

LexinFintech Holdings logo
Traded in Other Exchanges
Address
No. 3099 Keyuan South Road, 27th Floor, China Energy Storage Tower, Nanshan District, Shenzhen, CHN, 518057
LexinFintech Holdings Ltd is an online consumer finance platform and a technology-driven service provider in China. The group is engaged primarily in online direct sales services and online consumer financial services for its customers in China. It offers online direct sales with installment payment terms and offers installment purchase loans and personal installment loans mainly through its retail and online consumer finance platform www.fenqile.com, and its mobile application to young adults between the age of 18 and 36 in the People's Republic of China. The company also finances the loans with proceeds from partnering peer-to-peer lending platforms, commercial banks, and other financial institutions. Geographically, it derives revenue from China.

LexinFintech Holdings (NAS:LX) Headlines

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