LPL Financial Holdings (BSP:L2PL34) PE Ratio (TTM): 1.35 (As of Jun. 25, 2026) — 93% Below Median


BSP:L2PL34 LPL Financial Holdings Inc BSP:L2PL34
72 GF Score
Price R$81.81
GF Value R$133.85
Valuation Significantly Undervalued
! 4 Warning Signs
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What is LPL Financial Holdings PE Ratio (TTM)?

LPL Financial Holdings BSP:L2PL34 -3.50% 72 PE Ratio (TTM) is 1.35 as of Jun. 25, 2026, which is 93% below its 10-year median of 19.84. GuruFocus rates BSP:L2PL34 with a GF Score™ of 72/100 and a GF Value™ of R$133.85 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 551 Capital Markets companies, LPL Financial Holdings ranks worse than 70.42% on this metric.

The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2026-06-25), LPL Financial Holdings's share price is R$81.81. LPL Financial Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was R$60.44. Therefore, LPL Financial Holdings's PE Ratio (TTM) for today is 1.35.

Good Sign:

LPL Financial Holdings Inc stock PE Ratio (=25.19) is close to 1-year low of 22.78.


The historical rank and industry rank for LPL Financial Holdings's PE Ratio (TTM) or its related term are showing as below:

BSP:L2PL34' s PE Ratio (TTM) Range Over the Past 10 Years
Min: 6.77   Med: 19.84   Max: 37.83
Current: 25.19


During the past 13 years, the highest PE Ratio (TTM) of LPL Financial Holdings was 37.83. The lowest was 6.77. And the median was 19.84.


BSP:L2PL34's PE Ratio (TTM) is ranked worse than
70.42% of 551 companies
in the Capital Markets industry
Industry Median: 16.48 vs BSP:L2PL34: 25.19

LPL Financial Holdings's Earnings per Share (Diluted) for the three months ended in Mar. 2026 was R$23.17. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was R$60.44.

As of today (2026-06-25), LPL Financial Holdings's share price is R$81.81. LPL Financial Holdings's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was R$110.72. Therefore, LPL Financial Holdings's PE Ratio without NRI for today is 0.74.

During the past 13 years, LPL Financial Holdings's highest PE Ratio without NRI was 37.83. The lowest was 6.77. And the median was 18.02.

LPL Financial Holdings's EPS without NRI for the three months ended in Mar. 2026 was R$29.29. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was R$110.72.

During the past 12 months, LPL Financial Holdings's average EPS without NRI Growth Rate was 17.80% per year. During the past 3 years, the average EPS without NRI Growth Rate was 24.50% per year. During the past 5 years, the average EPS without NRI Growth Rate was 31.90% per year. During the past 10 years, the average EPS without NRI Growth Rate was 26.50% per year.

During the past 13 years, LPL Financial Holdings's highest 3-Year average EPS without NRI Growth Rate was 55.90% per year. The lowest was -7.30% per year. And the median was 26.60% per year.

LPL Financial Holdings's EPS (Basic) for the three months ended in Mar. 2026 was R$23.27. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was R$60.77.


LPL Financial Holdings  (BSP:L2PL34) PE Ratio (TTM) Explanation

The PE Ratio (TTM) can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio (TTM) is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio (TTM) is positive. Also for stocks with the same PE Ratio (TTM), the one with faster growth business is more attractive.

If a company loses money, the PE Ratio (TTM) becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio (TTM) divided by the growth ratio. He thinks a company with a PE Ratio (TTM) equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio (TTM) of 20, instead of a company growing 10% a year with a PE Ratio (TTM) of 10.

Because the PE Ratio (TTM) measures how long it takes to earn back the price you pay, the PE Ratio (TTM) can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio without NRI or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio (TTM) measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio (TTM) can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratio (TTM)s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio (TTM) is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .

PE Ratio (TTM) can also be affected by non-recurring-items such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio (TTM).


LPL Financial Holdings PE Ratio (TTM) Related Terms


LPL Financial Holdings PE Ratio (TTM) Historical Data

* Premium members only.

The historical data trend for LPL Financial Holdings's PE Ratio (TTM) 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.

LPL Financial Holdings PE Ratio (TTM) Chart

LPL Financial Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PE Ratio (TTM)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.44 20.79 16.63 23.27 32.71

LPL Financial Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PE Ratio (TTM) 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 22.64 25.65 30.63 32.71 26.86

BSP:L2PL34 vs TW, IREN, CRCL: PE Ratio (TTM) Comparison

For the Capital Markets subindustry, LPL Financial Holdings's PE Ratio (TTM), along with its competitors' market caps and PE Ratio (TTM) 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.


LPL Financial Holdings PE Ratio (TTM) vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, LPL Financial Holdings's PE Ratio (TTM) distribution charts can be found below:

* The bar in red indicates where LPL Financial Holdings's PE Ratio (TTM) falls into.


BSP:L2PL34
72GF Score
LPL Financial Holdings Inc BSP:L2PL34
PE Ratio (TTM) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

LPL Financial Holdings PE Ratio (TTM) Calculation

The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.

LPL Financial Holdings's PE Ratio (TTM) for today is calculated as

PE Ratio (TTM)=Share Price/Earnings per Share (Diluted) (TTM)
=81.81/60.443
=1.35

LPL Financial Holdings's Share Price of today is R$81.81.
LPL Financial Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was R$60.44.

* 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:

PE Ratio (TTM)=Market Cap /Net Income

There are at least three kinds of PE Ratio (TTM)s used by different investors. They are Trailing Twelve Month PE Ratio (TTM) or PE Ratio (TTM) (TTM), Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio (TTM) based on inflation-adjusted normalized PE Ratio (TTM) is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the calculation of PE Ratio (TTM), the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.

Frequently Asked Questions Learn more about PE Ratio (TTM) →
What does a PE Ratio (TTM) of 1.35 mean?
LPL Financial Holdings (BSP:L2PL34) has a PE Ratio (TTM) of 1.35 as of Jun. 25, 2026. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on LPL Financial Holdings and its competitors. This is 93% below median its historical median of 19.84. Over the past decade, LPL Financial Holdings' PE Ratio (TTM) has ranged from 6.77 to 37.83. According to the industry distribution chart, LPL Financial Holdings ranks #388 out of 551 companies in the Capital Markets industry, placing it in the top 70.4%.
Is LPL Financial Holdings' PE Ratio (TTM) too high?
LPL Financial Holdings' current PE Ratio (TTM) of 1.35 is 93% below median its 10-year median of 19.84. Over the past 10 years, this metric has ranged from a low of 6.77 to a high of 37.83. The Capital Markets industry median PE Ratio (TTM) is 16.48. LPL Financial Holdings' value of 1.35 is 91.8% below this industry median. Based on the distribution chart, LPL Financial Holdings ranks #388 out of 551 companies in the Capital Markets industry, which is below the industry midpoint. Overall, LPL Financial Holdings has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does LPL Financial Holdings' PE Ratio (TTM) compare to TW and IREN?
According to the Capital Markets industry distribution chart, LPL Financial Holdings ranks #388 out of 551 companies for PE Ratio (TTM). This places LPL Financial Holdings in the lower half of its industry. The industry median PE Ratio (TTM) is 16.48. LPL Financial Holdings' value of 1.35 is 91.8% below this benchmark. Historically, LPL Financial Holdings' own PE Ratio (TTM) has ranged from 6.77 to 37.83 over the past decade. While the company's 10-year median is 19.84 vs. the industry median of 16.48, LPL Financial Holdings 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 PE Ratio (TTM) for a Capital Markets company?
The median PE Ratio (TTM) among Capital Markets companies is 16.48, based on 551 companies in the industry. Companies in the top quartile (top 25%) have a PE Ratio (TTM) significantly above this median, while those in the bottom quartile fall well below. However, PE Ratio (TTM) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. LPL Financial Holdings's current PE Ratio (TTM) of 1.35 is 91.8% 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 PE Ratio (TTM) mean?
A high PE Ratio (TTM) can signal that a stock is expensive relative to its fundamentals. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on LPL Financial Holdings and its competitors. For the Capital Markets industry, the median PE Ratio (TTM) is 16.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LPL Financial Holdings's current PE Ratio (TTM) is 1.35, which is 93% below median its own 10-year median of 19.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LPL Financial Holdings stock overvalued right now?
Based on GuruFocus' analysis, LPL Financial Holdings (BSP:L2PL34) is currently considered Significantly Undervalued. The stock's GF Value™ is R$133.85, compared to a current price of R$81.81 — trading 38.9% below its estimated fair value. The current PE Ratio (TTM) is 1.35, which is 93% below median its 10-year median of 19.84 and 91.8% below the Capital Markets industry median of 16.48. LPL Financial Holdings' overall GF Score™ is 72/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PE Ratio (TTM) calculated?
PE Ratio (TTM) is calculated from a company's financial statements. For LPL Financial Holdings (BSP:L2PL34), the current PE Ratio (TTM) is 1.35 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 LPL Financial Holdings (BSP:L2PL34) Overvalued in 2026?

Based on GuruFocus' analysis, LPL Financial Holdings stock appears to be undervalued. The current stock price of R$81.81 is trading 38.9% below its estimated GF Value™ of R$133.85. GuruFocus considers LPL Financial Holdings to be Significantly Undervalued.

Key valuation signals for BSP:L2PL34:

  • PE Ratio (TTM): 1.35 (93% below median its 10-year median of 19.84)
  • GF Value™: R$133.85 vs. price of R$81.81 (38.9% below fair value)
  • GF Score™: 72/100 with 4 warning signs
  • Industry Position: 91.8% below the Capital Markets median (#388 of 551)

No single metric tells the full story. See the BSP:L2PL34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


LPL Financial Holdings Business Description

Address 4707 Executive Drive, San Diego, CA, USA, 92121
LPL Financial is the largest US independent broker-dealer, with more than 32,000 financial advisors affiliated with its platform and roughly 11 million customer accounts at the end of 2025. The firm earns the bulk of its profit from interest income earned on client cash balances and from advisory fees and commissions tied to the $2.4 trillion in assets under management or advisory on its platform at year-end 2025. LPL specializes in providing turnkey wealth management services for affiliated independent advisors, but maintains a diverse array of affiliation modalities, running the gamut from more traditional employee models to a pure RIA custody approach. It earns tuck-in revenue from recordkeeping fees and the provision of software tools and services to its advisor base.
72GF Score

Get the complete analysis for BSP:L2PL34

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

R$81.81
Price
R$133.85
GF Value