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LPL Financial Holdings PB Ratio

: 9.80 (As of Today)
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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 (2022-08-15), LPL Financial Holdings's share price is $226.03. LPL Financial Holdings's Book Value per Share for the quarter that ended in Jun. 2022 was $23.07. Hence, LPL Financial Holdings's PB Ratio of today is 9.80.

Warning Sign:

LPL Financial Holdings Inc stock PB Ratio (=9.87) is close to 10-year high of 9.93

The historical rank and industry rank for LPL Financial Holdings's PB Ratio or its related term are showing as below:

LPLA' s PB Ratio Range Over the Past 10 Years
Min: 2.06   Med: 4.61   Max: 9.93
Current: 9.8

During the past 13 years, LPL Financial Holdings's highest PB Ratio was 9.93. The lowest was 2.06. And the median was 4.61.

LPLA's PB Ratio is ranked worse than
96.1% of 744 companies
in the Capital Markets industry
Industry Median: 1.11 vs LPLA: 9.80

During the past 12 months, LPL Financial Holdings's average Book Value Per Share Growth Rate was 26.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 22.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 17.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 5.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of LPL Financial Holdings was 22.20% per year. The lowest was -9.30% per year. And the median was 10.70% per year.

Back to Basics: PB Ratio


LPL Financial Holdings PB Ratio Historical Data

The historical data trend for LPL Financial Holdings'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.

LPL Financial Holdings Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
PB Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.32 5.34 7.23 6.30 7.67

LPL Financial Holdings Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
PB Ratio 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 6.96 7.77 7.67 8.43 8.00

Competitive Comparison

For the Capital Markets subindustry, LPL Financial Holdings'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.

   

LPL Financial Holdings PB Ratio Distribution

For the Capital Markets industry and Financial Services sector, LPL Financial Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where LPL Financial Holdings's PB Ratio falls into.



LPL Financial Holdings 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.

LPL Financial Holdings's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2022)
=226.03/23.069
=9.80

* 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.

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.


LPL Financial Holdings  (NAS:LPLA) 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.


LPL Financial Holdings PB Ratio Related Terms

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


LPL Financial Holdings Business Description

LPL Financial Holdings logo
Traded in Other Exchanges
Address
4707 Executive Drive, San Diego, CA, USA, 92121
LPL Financial Holdings is an independent broker/dealer that provides a platform of proprietary technology, brokerage, and investment advisory services to financial advisors and institutions. The company also provides financial advisors licensed with insurance companies customized clearing services, advisory platforms, and technology solutions. LPL provides a range of services through its subsidiaries. Private Trust supplies trust administration, investment management oversight, and custodial services for estates and families; Independent Advisers Group offers investment advisory solutions to insurance companies; and LPL Insurance Associates operates as a brokerage general agency that offers life, long-term care, and disability insurance sales and services.
Executives
Sethi Kabir officer: Managing Director C/O LPL FINANCIAL 4707 EXECUTIVE DRIVE SAN DIEGO CA 92121
Gates Greg officer: Managing Director C/O LPL FINANCIAL 4707 EXECUTIVE DRIVE SAN DIEGO CA 92121
Simonich Brent officer: EVP, CAO and Treasurer C/O E*TRADE FINANCIAL CORP. 11 TIMES SQUARE, 32ND FLOOR NEW YORK NY 10036-9992
Fandrey Edward officer: Managing Director C/O LPL FINANCIAL 4707 EXECUTIVE DRIVE SAN DIEGO CA 92121
Bernard Edward C director T ROWE PRICE GROUP INC 100 E PRATT ST BALTIMORE MD 21202
Enyedi Matthew officer: Managing Director C/O LPL FINANCIAL HOLDINGS, INC. 75 STATE STREET, 22ND FLOOR BOSTON MA 02109
Thomas Corey E. director C/O RAPID7, INC. 100 SUMMER STREET BOSTON MA 02110
Semerjian Dayton officer: Managing Director 600 NICKERSON RD. MARLBORO MA 01752
Steinmeier Richard officer: Managing Director C/O LPL FINANCIAL HOLDINGS, INC. 75 STATE STREET, 22ND FLOOR BOSTON MA 02109
Mnookin Allison director C/O INTUIT 150 CAMBRIDGE PARK DRIVE CAMBRIDGE MA 02140
Seese Scott officer: MD, Chief Information Officer C/O LPL FINANCIAL HOLDINGS, INC. 75 STATE STREET, 22ND FLOOR BOSTON MA 02109
Glavin William Francis Jr director 6803 SOUTH TUCSON WAY CENTENNIAL CO 80112
Hellman Marco director BLACKBAUD INC 2000 DANIEL ISLAND DRIVE CHARLESTON SC 29492
Calder Tracy officer: MD, Deputy Chief Risk Officer C/O LPL FINANCIAL HOLDINGS, INC. 75 STATE STREET, 22ND FLOOR BOSTON MA 02109
Dinh Viet D director GEORGETOWN UNIVERSITY LAW CENTER 600 NEW JERSEY AVENUE NW WASHINGTON DC 20001

LPL Financial Holdings Headlines

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