BLND (Blend Labs) PB Ratio: (As of Jun. 26, 2026)


BLND Blend Labs Inc BLND
53 GF Score
Price $1.62
GF Value $3.35
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is Blend Labs 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 (2026-06-26), Blend Labs's share price is $1.62. Blend Labs's Book Value per Share for the quarter that ended in Mar. 2026 was $-0.23. Hence, Blend Labs's PB Ratio of today is .

The historical rank and industry rank for Blend Labs's PB Ratio or its related term are showing as below:

During the past 7 years, Blend Labs's highest PB Ratio was 102.00. The lowest was 0.90. And the median was 2.80.

BLND's PB Ratio is not ranked *
in the Software industry.
Industry Median: 2.36
* Ranked among companies with meaningful PB Ratio only.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Blend Labs was 57.60% per year. The lowest was 57.60% per year. And the median was 57.60% per year.

Back to Basics: PB Ratio


Blend Labs  (NYSE:BLND) 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.


Blend Labs PB Ratio Related Terms


Blend Labs PB Ratio Historical Data

* Premium members only.

The historical data trend for Blend Labs'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.

Blend Labs PB Ratio Chart

Blend Labs Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial 2.18 2.82 0.00 0.00 0.00

Blend Labs Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.00 0.00 0.00

BLND vs GLOO, SPT, DUOT: PB Ratio Comparison

For the Software - Application subindustry, Blend Labs'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.


Blend Labs PB Ratio vs Software Industry

For the Software industry and Technology sector, Blend Labs's PB Ratio distribution charts can be found below:

* The bar in red indicates where Blend Labs's PB Ratio falls into.


BLND
53GF Score
Blend Labs Inc BLND
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Blend Labs 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.

Blend Labs's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=1.62/-0.226
=

* 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.

Is Blend Labs (BLND) Overvalued in 2026?

Based on GuruFocus' analysis, Blend Labs stock appears to be undervalued. The current stock price of $1.62 is trading 51.6% below its estimated GF Value™ of $3.35. GuruFocus considers Blend Labs to be Possible Value Trap.

Key valuation signals for BLND:

  • PB Ratio:
  • GF Value™: $3.35 vs. price of $1.62 (51.6% below fair value)
  • GF Score™: 53/100 with 2 warning signs

No single metric tells the full story. See the BLND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Blend Labs Business Description

Address 7250 Redwood boulevard, Suite 300, Novato, CA, USA, 94945
Blend Labs Inc is a cloud-based platform software platform that powers the digital interface between financial services firms and consumers. It supports and simplifies applications for mortgages, consumer loans, and deposit accounts. Its operating segment is Blend Platform segment which comprises a suite of products that power the entire origination process from back-end workflows to consumer experience. The key revenue for the company is generated from the Blend Platform segment. Company has it's assets in united states, India and Mexico regions.
53GF Score

Get the complete analysis for BLND

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.62
Price
$3.35
GF Value