LTCN (Grayscale Litecoin TR LTC) PB Ratio: 0.28 (As of Jul. 26, 2026)

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What is Grayscale Litecoin TR LTC PB Ratio?

Grayscale Litecoin TR LTC LTCN -4.35% PB Ratio is 0.28 as of Jul. 26, 2026.

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 (2026-07-26), Grayscale Litecoin TR LTC's share price is $3.30. Grayscale Litecoin TR LTC's Book Value per Share for the quarter that ended in Dec. 2019 was $11.60. Hence, Grayscale Litecoin TR LTC's PB Ratio of today is 0.28.

The historical rank and industry rank for Grayscale Litecoin TR LTC's PB Ratio or its related term are showing as below:

LTCN's PB Ratio is not ranked *
in the Asset Management industry.
Industry Median: 0.95
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio

Grayscale Litecoin TR LTC  (OTCPK:LTCN) 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.

Grayscale Litecoin TR LTC PB Ratio Related Terms

Grayscale Litecoin TR LTC PB Ratio Historical Data

* Premium members only.

The historical data trend for Grayscale Litecoin TR LTC'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.

Grayscale Litecoin TR LTC PB Ratio Chart

Grayscale Litecoin TR LTC Annual Data
Trend
PB Ratio

Grayscale Litecoin TR LTC Semi-Annual Data
Dec19 Dec20
PB Ratio 0.00 25.09

LTCN vs : PB Ratio Comparison

For the Asset Management subindustry, Grayscale Litecoin TR LTC'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.

Grayscale Litecoin TR LTC PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Grayscale Litecoin TR LTC's PB Ratio distribution charts can be found below:

* The bar in red indicates where Grayscale Litecoin TR LTC's PB Ratio falls into.


Grayscale Litecoin TR LTC 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.

Grayscale Litecoin TR LTC's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2019)
=3.30/11.597
=0.28

* 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:

PB Ratio=Market Cap /(Total Stockholders Equity-Preferred Stock)

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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 0.28 mean?
Grayscale Litecoin TR LTC (LTCN) has a PB Ratio of 0.28 as of Jul. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Grayscale Litecoin TR LTC and its competitors.
Is Grayscale Litecoin TR LTC's PB Ratio too high?
Grayscale Litecoin TR LTC's current PB Ratio is 0.28. The Asset Management industry median PB Ratio is 0.95. Grayscale Litecoin TR LTC's value of 0.28 is 70.5% below this industry median.
How does Grayscale Litecoin TR LTC's PB Ratio compare to ?
Grayscale Litecoin TR LTC's PB Ratio of 0.28 can be compared against companies in the Asset Management industry. The industry median PB Ratio is 0.95. Grayscale Litecoin TR LTC's value of 0.28 is 70.5% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for an Asset Management company?
The median PB Ratio among Asset Management companies is 0.95, based on 1,604 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Grayscale Litecoin TR LTC's current PB Ratio of 0.28 is 70.5% below 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Grayscale Litecoin TR LTC and its competitors. For the Asset Management industry, the median PB Ratio is 0.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grayscale Litecoin TR LTC's current PB Ratio is 0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grayscale Litecoin TR LTC stock overvalued right now?
Grayscale Litecoin TR LTC (LTCN) has a current PB Ratio of 0.28. The current PB Ratio is 0.28 and 70.5% below the Asset Management industry median of 0.95. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Grayscale Litecoin TR LTC (LTCN), the current PB Ratio is 0.28 as of Jul. 26, 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.

Grayscale Litecoin TR LTC Business Description

Comparable Companies
Address 250 Park Avenue South, New York, NY, USA, 10003
Grayscale Litecoin TR LTC is an investment vehicle company. The company enables investors to gain access and exposure to the price movement of Litecoin in the form of traditional security without the challenges of buying, storing, and safekeeping Litecoin directly. Its investment objective is to track the LTC market price, less fees and expenses.