Open LendingLPRO +0.32%71 PB Ratio is 4.91 as of Jun. 25, 2026, which is 13% above its 10-year median of 4.34. GuruFocus rates LPRO with a GF Score™ of 71/100 and a GF Value™ of $5.73 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 523 Credit Services companies, Open Lending ranks worse than 92.35% on this metric.
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 (2026-06-25), Open Lending's share price is $3.125. Open Lending's Book Value per Share for the quarter that ended in Mar. 2026 was $0.64. Hence, Open Lending's PB Ratio of today is 4.91.
Warning Sign:
Open Lending Corp stock PB Ratio (=4.9) is close to 1-year high of 4.9.
The historical rank and industry rank for Open Lending's PB Ratio or its related term are showing as below:
LPRO'
s PB Ratio Range Over the Past 10 Years
Min: 1.25 Med: 4.34 Max: 200.95
Current: 4.89
During the past 8 years, Open Lending's highest PB Ratio was 200.95. The lowest was 1.25. And the median was 4.34.
LPRO's PB Ratio is ranked worse than 92.35% of 523
companies
in the Credit Services industry
Industry Median: 1.05
vs LPRO: 4.89
During the past 12 months, Open Lending's average Book Value Per Share Growth Rate was -4.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -28.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 10.80% per year.
During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Open Lending was 102.00% per year. The lowest was -28.20% per year. And the median was -19.60% per year.
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.
Open Lending PB Ratio Related Terms
Open Lending PB Ratio Historical Data
* Premium members only.
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.
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.
Open Lending PB Ratio vs Credit Services Industry
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:
* 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.
Open Lending (LPRO) has a PB Ratio of 4.91 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Open Lending and its competitors. This is 13% above median its historical median of 4.34. Over the past decade, Open Lending's PB Ratio has ranged from 1.25 to 200.95. According to the industry distribution chart, Open Lending ranks #483 out of 523 companies in the Credit Services industry, placing it in the top 92.4%.
Is Open Lending's PB Ratio too high?
Open Lending's current PB Ratio of 4.91 is 13% above median its 10-year median of 4.34. Over the past 10 years, this metric has ranged from a low of 1.25 to a high of 200.95. The Credit Services industry median PB Ratio is 1.05. Open Lending's value of 4.91 is 367.6% above this industry median. Based on the distribution chart, Open Lending ranks #483 out of 523 companies in the Credit Services industry, which is in the bottom quartile relative to peers. Overall, Open Lending has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Open Lending's PB Ratio compare to OPRT and MFIN?
According to the Credit Services industry distribution chart, Open Lending ranks #483 out of 523 companies for PB Ratio. This places Open Lending in the lower half of its industry. The industry median PB Ratio is 1.05. Open Lending's value of 4.91 is 367.6% above this benchmark. Historically, Open Lending's own PB Ratio has ranged from 1.25 to 200.95 over the past decade. While the company's 10-year median is 4.34 vs. the industry median of 1.05, Open Lending has consistently been above the industry average. 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 a Credit Services company?
The median PB Ratio among Credit Services companies is 1.05, based on 523 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. Open Lending's current PB Ratio of 4.91 is 367.6% above 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 Open Lending and its competitors. For the Credit Services industry, the median PB Ratio is 1.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Open Lending's current PB Ratio is 4.91, which is 13% above median its own 10-year median of 4.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Open Lending stock overvalued right now?
Based on GuruFocus' analysis, Open Lending (LPRO) is currently considered Possible Value Trap. The stock's GF Value™ is $5.73, compared to a current price of $3.13 — trading 45.5% below its estimated fair value. The current PB Ratio is 4.91, which is 13% above median its 10-year median of 4.34 and 367.6% above the Credit Services industry median of 1.05. Open Lending's overall GF Score™ is 71/100 with 6 warning signs to review. 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 Open Lending (LPRO), the current PB Ratio is 4.91 as of Jun. 25, 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.
Is Open Lending (LPRO) Overvalued in 2026?
Based on GuruFocus' analysis, Open Lending stock appears to be undervalued.
The current stock price of $3.13 is trading 45.5% below its estimated GF Value™ of $5.73.
GuruFocus considers Open Lending to be Possible Value Trap.
Key valuation signals for LPRO:
PB Ratio: 4.91 (13% above median its 10-year median of 4.34)
GF Value™: $5.73 vs. price of $3.13 (45.5% below fair value)
Industry Position: 367.6% above the Credit Services median (#483 of 523)
No single metric tells the full story. See the LPRO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Open Lending Corp is a provider of lending enablement and risk analytics to credit unions, regional banks, finance companies and the captive finance companies of automakers (OEM captive finance companies). Through its flagship product, LPP, its customers, collectively referred to herein as automotive lenders or lenders, make automotive consumer loans to underserved near-prime and non-prime borrowers by harnessing its risk-based interest rate pricing models, powered by its proprietary data and real-time underwriting of automotive loan default insurance coverage from insurers.
71GF Score
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