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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 (2024-04-25), Open Lending's share price is $4.87. Open Lending's Book Value per Share for the quarter that ended in Dec. 2023 was $1.73. Hence, Open Lending's PB Ratio of today is 2.82.
Good Sign:
Open Lending Corp stock PB Ratio (=2.87) is close to 5-year low of 2.69
The historical rank and industry rank for Open Lending's PB Ratio or its related term are showing as below:
During the past 6 years, Open Lending's highest PB Ratio was 200.95. The lowest was 2.69. And the median was 6.64.
During the past 12 months, Open Lending's average Book Value Per Share Growth Rate was 0.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 102.00% per year.
During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Open Lending was 102.00% per year. The lowest was 102.00% per year. And the median was 102.00% per year.
The historical data trend for Open Lending'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.
Open Lending Annual Data | |||||||||||||||
Trend | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||
PB Ratio | Get a 7-Day Free Trial | - | 166.48 | 17.84 | 3.92 | 4.92 |
Open Lending Quarterly Data | ||||||||||||||||||||
Dec18 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
PB Ratio | Get a 7-Day Free Trial | 3.92 | 4.13 | 5.79 | 4.07 | 4.92 |
For the Credit Services subindustry, Open Lending'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 Credit Services industry and Financial Services sector, Open Lending's PB Ratio distribution charts can be found below:
* The bar in red indicates where Open Lending'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.
Open Lending's PB Ratio for today is calculated as follows:
PB Ratio | = | Share Price | / | Book Value per Share (Q: Dec. 2023) |
= | 4.87 | / | 1.73 | |
= | 2.82 |
* 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.
Open Lending (NAS:LPRO) 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.
Thank you for viewing the detailed overview of Open Lending's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
John Joseph Flynn | director, officer: See Remarks | C/O OPEN LENDING CORPORATION, 1501 S. MOPAC EXPRESSWAY, SUITE 450, AUSTIN TX 78746 |
Shawna Kelley Shelor | officer: Chief People Officer | C/O OPEN LENDING CORPORATION, 1501 S. MOPAC EXPRESSWAY, SUITE 450, AUSTIN TX 78746 |
Thomas K Hegge | director | C/O OPEN LENDING CORPORATION, 1501 S. MOPAC EXPRESSWAY, SUITE 450, AUSTIN TX 78746 |
Shubhi Suryaji Rao | director | OPEN LENDING CORPORATION, BARTON OAKS ONE 901 S MOPAC EXPRESSWAY, AUSTIN TX 78746 |
Matthew Stark | officer: EVP and General Counsel | C/O OPEN LENDING CORPORATION, 1501 S. MOPAC EXPRESSWAY, SUITE 450, AUSTIN TX 78746 |
Matthew Roe | officer: Chief Revenue Officer | C/O OPEN LENDING CORPORATION, 1501 S. MOPAC EXPRESSWAY, SUITE 450, AUSTIN TX 78746 |
Thinh Nguyen | officer: Chief Information Officer | C/O OPEN LENDING CORPORATION, 1501 S. MOPAC EXPRESSWAY, SUITE 450, AUSTIN TX 78746 |
Simona Fillarini | officer: Chief Human Resources Officer | C/O OPEN LENDING CORPORATION, 1501 S. MOPAC EXPRESSWAY, SUITE 450, AUSTIN TX 78746 |
Cecilia Camarillo | officer: Chief Accounting Officer | C/O OPEN LENDING CORPORATION, 1501 S. MOPAC EXPRESSWAY, SUITE 450, AUSTIN TX 78746 |
Sarah Lackey | officer: Chief Technology Officer | C/O OPEN LENDING CORPORATION, 1501 S. MOPAC EXPRESSWAY, SUITE 450, AUSTIN TX 78746 |
Keith Jezek | director, officer: Chief Executive Officer | C/O OPEN LENDING CORPORATION, 1501 S. MOPAC EXPRESSWAY, SUITE 450, AUSTIN TX 78746 |
Charles D Jehl | officer: Chief Financial Officer | C/O OPEN LENDING CORPORATION, 1501 S. MOPAC EXPRESSWAY, SUITE 450, AUSTIN TX 78746 |
Ross M. Jessup | director, officer: See Remarks | BARTON OAKS ONE, 901 S. MOPAC EXPRESSWAY, BLDG 1 STE 510, AUSTIN TX 78746 |
Bregal Sagemount I, L.p. | 10 percent owner | SECOND FLOOR, WINDWARD HOUSE, LA ROUTE DE LA LIBERATION, ST. HELIER Y9 JE2 3BQ |
Blair J. Greenberg | director | C/O BREGAL INVESTEMENTS, INC., SECOND FLOOR, WINDWARD HOUSE, LA ROUTE D, ST. HELIER CHANNEL ISLANDS Y9 JE2 3BQ |
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