SICP (Silvergate Capital) PB Ratio: 0.02 (As of Jun. 25, 2026)


SICP Silvergate Capital Corp SICP
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Price $0.37
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What is Silvergate Capital PB Ratio?

Silvergate Capital SICP 12 PB Ratio is 0.02 as of Jun. 25, 2026. GuruFocus rates SICP with a GF Score™ of 12/100.

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), Silvergate Capital's share price is $0.365. Silvergate Capital's Book Value per Share for the quarter that ended in Sep. 2022 was $19.05. Hence, Silvergate Capital's PB Ratio of today is 0.02.

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

SICP's PB Ratio is not ranked *
in the Banks industry.
Industry Median: 1.08
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


Silvergate Capital  (OTCPK:SICP) 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.


Silvergate Capital PB Ratio Related Terms


Silvergate Capital PB Ratio Historical Data

* Premium members only.

The historical data trend for Silvergate Capital'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.

Silvergate Capital PB Ratio Chart

Silvergate Capital Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
PB Ratio
Get a 7-Day Free Trial 0.00 1.29 4.76 2.80 0.91

Silvergate Capital Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 2.80 3.08 1.19 1.79 0.91

SICP vs LBNW, TCNB, FRCB: PB Ratio Comparison

For the Banks - Regional subindustry, Silvergate Capital'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.


Silvergate Capital PB Ratio vs Banks Industry

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

* The bar in red indicates where Silvergate Capital's PB Ratio falls into.


SICP
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Silvergate Capital Corp SICP
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Silvergate Capital 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.

Silvergate Capital's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2022)
=0.365/19.054
=0.02

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 0.02 mean?
Silvergate Capital (SICP) has a PB Ratio of 0.02 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 Silvergate Capital and its competitors.
Is Silvergate Capital's PB Ratio too high?
Silvergate Capital's current PB Ratio is 0.02. The Banks industry median PB Ratio is 1.08. Silvergate Capital's value of 0.02 is 98.1% below this industry median. Overall, Silvergate Capital has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Silvergate Capital's PB Ratio compare to LBNW and TCNB?
Silvergate Capital's PB Ratio of 0.02 can be compared against companies in the Banks industry. The industry median PB Ratio is 1.08. Silvergate Capital's value of 0.02 is 98.1% below this benchmark. 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 Banks company?
The median PB Ratio among Banks companies is 1.08, based on 1,515 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. Silvergate Capital's current PB Ratio of 0.02 is 98.1% below 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 Silvergate Capital and its competitors. For the Banks industry, the median PB Ratio is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Silvergate Capital's current PB Ratio is 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Silvergate Capital stock overvalued right now?
Silvergate Capital (SICP) has a current PB Ratio of 0.02. The current PB Ratio is 0.02 and 98.1% below the Banks industry median of 1.08. Silvergate Capital's overall GF Score™ is 12/100. 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 Silvergate Capital (SICP), the current PB Ratio is 0.02 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.

Silvergate Capital Business Description

Address 4250 Executive Square, Suite 300, La Jolla, CA, USA, 92037
Silvergate Capital Corp is a provider of various financial infrastructure solutions and services. Its solutions and service offerings include Silvergate Exchange Network, Cash Management Solutions and Deposit Account Services. Its customers include U.S. exchanges and global investors in the digital currency industry. The company also provides financial services that include commercial banking, business lending, commercial and residential real estate lending, and mortgage warehouse lending.
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