Market Cap : 18.03 B | Enterprise Value : 20.29 B | PE Ratio : 36.54 | PB Ratio : 9.80 |
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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:
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 thanDuring 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.
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.
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.
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.
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:
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.
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.
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.
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.
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 |
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