LexinFintech Holdings (LexinFintech Holdings) Price-to-Tangible-Book

: 0.23 (As of Today)

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As of today (2024-04-23), LexinFintech Holdings's share price is $1.69. LexinFintech Holdings's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was $7.39. Hence, LexinFintech Holdings's Price to Tangible Book Ratio of today is 0.23.

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: 0.22 Med: 2.15 Max: 8.83
Current: 0.23

During the past 8 years, LexinFintech Holdings's highest Price to Tangible Book Ratio was 8.83. The lowest was 0.22. And the median was 2.15.

LX's Price-to-Tangible-Book is ranked better than
94.78% of 498 companies
in the Credit Services industry
Industry Median: 1.07 vs LX: 0.23

A closely related ratio is called PB Ratio. As of today, LexinFintech Holdings's share price is $1.69. LexinFintech Holdings's Book Value per Sharefor the quarter that ended in Sep. 2023 was $8.14. Hence, LexinFintech Holdings's P/B Ratio of today is 0.21.

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

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2.13

2.65

1.78

0.64

0.28

LexinFintech Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.26	0.28	0.38	0.32	0.30

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 into.

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. 2023 )
	=	1.69	/	7.385
	=	0.23

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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

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LexinFintech Holdings (LexinFintech Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » LexinFintech Holdings Ltd (NAS:LX) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

1LFA:Germany

Address

No. 3099 Keyuan South Road, 27th Floor, China Energy Storage Tower, Nanshan District, Shenzhen, CHN, 518057

Website

http://ir.lexin.com

LexinFintech Holdings Ltd is an online consumer finance platform and a technology-driven service provider in China. The group is engaged 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 with peer-to-peer lending platforms, commercial banks, and other financial institutions. Geographically, it derives revenue from China.