Laurentian Bank of CanadaTSX:LB +0.05%52 PB Ratio is 0.69 as of Jun. 26, 2026, which is 1% above its 10-year median of 0.68. GuruFocus rates TSX:LB with a GF Score™ of 52/100 and a GF Value™ of C$26.90 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,516 Banks companies, Laurentian Bank of Canada ranks better than 79.95% on this metric.
Laurentian Bank of Canada stock PB Ratio (=0.69) is close to 3-year high of 0.69.
The historical rank and industry rank for Laurentian Bank of Canada's PB Ratio or its related term are showing as below:
TSX:LB'
s PB Ratio Range Over the Past 10 Years
Min: 0.41 Med: 0.68 Max: 1.24
Current: 0.69
During the past 13 years, Laurentian Bank of Canada's highest PB Ratio was 1.24. The lowest was 0.41. And the median was 0.68.
TSX:LB's PB Ratio is ranked better than 79.95% of 1516
companies
in the Banks industry
Industry Median: 1.09
vs TSX:LB: 0.69
During the past 12 months, Laurentian Bank of Canada's average Book Value Per Share Growth Rate was -0.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 0.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 2.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 3.00% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Laurentian Bank of Canada was 13.30% per year. The lowest was 0.30% per year. And the median was 4.00% per year.
Back to Basics: PB Ratio
Laurentian Bank of Canada (TSX:LB) PB Ratio Explanation
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.
Laurentian Bank of Canada PB Ratio Related Terms
Laurentian Bank of Canada PB Ratio Historical Data
* 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 Banks - Regional subindustry, Laurentian Bank of Canada'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.
Laurentian Bank of Canada PB Ratio vs Banks Industry
For the Banks industry and Financial Services sector, Laurentian Bank of Canada's PB Ratio distribution charts can be found below:
* The bar in red indicates where Laurentian Bank of Canada'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.
* 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.
Laurentian Bank of Canada (TSX:LB) has a PB Ratio of 0.69 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Laurentian Bank of Canada and its competitors. This is near median its historical median of 0.68. Over the past decade, Laurentian Bank of Canada's PB Ratio has ranged from 0.41 to 1.24. According to the industry distribution chart, Laurentian Bank of Canada ranks #304 out of 1516 companies in the Banks industry, placing it in the top 20.1%.
Is Laurentian Bank of Canada's PB Ratio too high?
Laurentian Bank of Canada's current PB Ratio of 0.69 is near median its 10-year median of 0.68. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 1.24. The Banks industry median PB Ratio is 1.09. Laurentian Bank of Canada's value of 0.69 is 36.7% below this industry median. Based on the distribution chart, Laurentian Bank of Canada ranks #304 out of 1516 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Laurentian Bank of Canada has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Laurentian Bank of Canada's PB Ratio compare to PNC and USB?
According to the Banks industry distribution chart, Laurentian Bank of Canada ranks #304 out of 1516 companies for PB Ratio. This places Laurentian Bank of Canada in the top 20% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.09. Laurentian Bank of Canada's value of 0.69 is 36.7% below this benchmark. Historically, Laurentian Bank of Canada's own PB Ratio has ranged from 0.41 to 1.24 over the past decade. While the company's 10-year median is 0.68 vs. the industry median of 1.09, Laurentian Bank of Canada has consistently been below 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 Banks company?
The median PB Ratio among Banks companies is 1.09, based on 1,516 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. Laurentian Bank of Canada's current PB Ratio of 0.69 is 36.7% 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 Laurentian Bank of Canada and its competitors. For the Banks industry, the median PB Ratio is 1.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Laurentian Bank of Canada's current PB Ratio is 0.69, which is near median its own 10-year median of 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Laurentian Bank of Canada stock overvalued right now?
Based on GuruFocus' analysis, Laurentian Bank of Canada (TSX:LB) is currently considered Significantly Overvalued. The stock's GF Value™ is C$26.90, compared to a current price of C$40.51 — trading 50.6% above its estimated fair value. The current PB Ratio is 0.69, which is near median its 10-year median of 0.68 and 36.7% below the Banks industry median of 1.09. Laurentian Bank of Canada's overall GF Score™ is 52/100 with 9 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 Laurentian Bank of Canada (TSX:LB), the current PB Ratio is 0.69 as of Jun. 26, 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 Laurentian Bank of Canada (TSX:LB) Overvalued in 2026?
Based on GuruFocus' analysis, Laurentian Bank of Canada stock appears to be overvalued.
The current stock price of C$40.51 is trading 50.6% above its estimated GF Value™ of C$26.90.
GuruFocus considers Laurentian Bank of Canada to be Significantly Overvalued.
Key valuation signals for TSX:LB:
PB Ratio: 0.69 (near median its 10-year median of 0.68)
GF Value™: C$26.90 vs. price of C$40.51 (50.6% above fair value)
Industry Position: 36.7% below the Banks median (#304 of 1516)
No single metric tells the full story. See the TSX:LB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Laurentian Bank of Canada provides personal banking, business banking, and real estate and commercial financing services to its personal, business, and institutional customers across Canada and the United States. The company operates through two segments: the Personal and Commercial Banking segment, which offers a broad range of financial services and advice-based solutions for personal and commercial banking customers in Canada and the United States; and the Capital Markets segment, which provides services including research, market analysis, advisory services, corporate underwriting for debt and equity, and administrative support. The company operates in Canada and the United States, with the majority of its revenue generated from Canada.
52GF Score
Get the complete analysis for TSX:LB
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSX:LB has been successfully added to your 
