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LOB (Live Oak Bancshares) PB Ratio : 2.06 (As of Dec. 11, 2024)


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What is Live Oak Bancshares PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-12-11), Live Oak Bancshares's share price is $46.04. Live Oak Bancshares's Book Value per Share for the quarter that ended in Sep. 2024 was $22.32. Hence, Live Oak Bancshares's PB Ratio of today is 2.06.

The historical rank and industry rank for Live Oak Bancshares's PB Ratio or its related term are showing as below:

LOB' s PB Ratio Range Over the Past 10 Years
Min: 0.69   Med: 2.25   Max: 6.39
Current: 2.06

During the past 13 years, Live Oak Bancshares's highest PB Ratio was 6.39. The lowest was 0.69. And the median was 2.25.

LOB's PB Ratio is ranked worse than
90.26% of 1529 companies
in the Banks industry
Industry Median: 0.94 vs LOB: 2.06

During the past 12 months, Live Oak Bancshares's average Book Value Per Share Growth Rate was 16.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 14.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 11.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 24.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Live Oak Bancshares was 62.80% per year. The lowest was 6.90% per year. And the median was 27.40% per year.

Back to Basics: PB Ratio


Live Oak Bancshares PB Ratio Historical Data

The historical data trend for Live Oak Bancshares's PB Ratio 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.

Live Oak Bancshares PB Ratio Chart

Live Oak Bancshares Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.44 3.55 5.35 1.64 2.25

Live Oak Bancshares Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
PB Ratio Get a 7-Day Free Trial 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 1.51 2.25 2.01 1.64 2.12

Competitive Comparison of Live Oak Bancshares's PB Ratio

For the Banks - Regional subindustry, Live Oak Bancshares's PB Ratio, along with its competitors' market caps and PB Ratio 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.


Live Oak Bancshares's PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Live Oak Bancshares's PB Ratio distribution charts can be found below:

* The bar in red indicates where Live Oak Bancshares's PB Ratio falls into.



Live Oak Bancshares PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Live Oak Bancshares's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2024)
=46.04/22.319
=2.06

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


Live Oak Bancshares  (NYSE:LOB) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

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


Live Oak Bancshares PB Ratio Related Terms

Thank you for viewing the detailed overview of Live Oak Bancshares's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Live Oak Bancshares Business Description

Traded in Other Exchanges
N/A
Address
1741 Tiburon Drive, Wilmington, NC, USA, 28403
Live Oak Bancshares Inc operates as the bank holding company for the Live Oak Banking Company. The company specializes in lending and deposit-related services to small businesses nationwide. The company identifies and extends lending to credit-worthy borrowers both within specific industries, also called verticals, through expertise within those industries, and more broadly to select borrowers outside of those industries. A portion of the loans originated by the Bank are partially guaranteed by the Small Business Administration under the 7(a) Loan Program and the U.S. Department of Agriculture Rural Energy for America Program, Water and Environmental Program, Business and Industry and Community Facilities loan programs.
Executives
John W. Sutherland officer: Chief Accounting Officer 1741 TIBURON DRIVE, WILMINGTON NC 28403
Gregory W Seward officer: General Counsel 1741 TIBURON DRIVE, WILMINGTON NC 28403
William Henderson Cameron director POST OFFICE BOX 3649, WILMINGTON NC 28406
Tonya Williams Bradford director C/O LIVE OAK BANCSHARES, INC., 1741 TIBURON DRIVE, WILMINGTON NC 28403
Micah S Davis officer: Chief Marketing & Comm Officer 1741 TIBURON DRIVE, WILMINGTON NC 28403
Miltom Emmett Petty director 1741 TIBURON DRIVE, WILMINTON NC 28403
Steve Smits officer: Chief Credit Officer 1741 TIBURON DRIVE, WILMINGTON NC 28403
Renato Derraik officer: Chief Info. & Digital Officer C/O LIVE OAK BANCSHARES, INC., 1741 TIBURON DRIVE, WILMINGTON NC 28403
David G Lucht director II CASCADE PLAZA, AKRON OH 44308
Yousef A. Valine director 165 MADISON AVENUE, MEMPHIS TN 38103
Diane Beth Glossman director 2820 RIVER ROAD, NEW HOPE PA 18938
Casey S Crawford director 1741 TIBURON DRIVE, WILMINGTON NC 28403
Stephanie Mann officer: Chief Strategy Officer 1741 TIBURON DRIVE, WILMINGTON NC 28403
Spencer Courtney officer: Chief Experience Officer 1741 TIBURON DRIVE, WILMINGTON NC 28403
Losch William C Iii officer: Chief Financial Officer 165 MADISON AVENUE, MEMPHIS TN 38103