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Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.
Charles Schwab Price-to-Tangible-Book Related Terms
Charles Schwab Price-to-Tangible-Book Historical Data
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The historical data trend for Charles Schwab's Price-to-Tangible-Book 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.
FRA:SWG vs HOOD, GS, MS: Price-to-Tangible-Book Comparison
For the Capital Markets subindustry, Charles Schwab's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.
Charles Schwab Price-to-Tangible-Book vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Charles Schwab's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Charles Schwab's Price-to-Tangible-Book falls into.
* 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 PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.
Charles Schwab (FRA:SWG) has a Price-to-Tangible-Book of 7.55 as of Sep. 13, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Charles Schwab and its competitors. According to the industry distribution chart, Charles Schwab ranks #673 out of 743 companies in the Capital Markets industry, placing it in the top 90.6%.
Is Charles Schwab's Price-to-Tangible-Book too high?
Charles Schwab's current Price-to-Tangible-Book is 7.55. The Capital Markets industry median Price-to-Tangible-Book is 1.34. Charles Schwab's value of 7.55 is 463.4% above this industry median. Based on the distribution chart, Charles Schwab ranks #673 out of 743 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Charles Schwab has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Charles Schwab's Price-to-Tangible-Book compare to HOOD and GS?
According to the Capital Markets industry distribution chart, Charles Schwab ranks #673 out of 743 companies for Price-to-Tangible-Book. This places Charles Schwab in the lower half of its industry. The industry median Price-to-Tangible-Book is 1.34. Charles Schwab's value of 7.55 is 463.4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Price-to-Tangible-Book for a Capital Markets company?
The median Price-to-Tangible-Book among Capital Markets companies is 1.34, based on 743 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Charles Schwab's current Price-to-Tangible-Book of 7.55 is 463.4% 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 Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Charles Schwab and its competitors. For the Capital Markets industry, the median Price-to-Tangible-Book is 1.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Charles Schwab's current Price-to-Tangible-Book is 7.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Charles Schwab stock overvalued right now?
Based on GuruFocus' analysis, Charles Schwab (FRA:SWG) is currently considered Fairly Valued. The stock's GF Value™ is €95.15, compared to a current price of €92.40 — trading 2.9% below its estimated fair value. The current Price-to-Tangible-Book is 7.55 and 463.4% above the Capital Markets industry median of 1.34. Charles Schwab's overall GF Score™ is 76/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For Charles Schwab (FRA:SWG), the current Price-to-Tangible-Book is 7.55 as of Sep. 13, 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 Charles Schwab (FRA:SWG) Overvalued in 2026?
Based on GuruFocus' analysis, Charles Schwab stock appears to be undervalued.
The current stock price of €92.40 is trading 2.9% below its estimated GF Value™ of €95.15.
GuruFocus considers Charles Schwab to be Fairly Valued.
Key valuation signals for FRA:SWG:
Price-to-Tangible-Book: 7.55
GF Value™: €95.15 vs. price of €92.40 (2.9% below fair value)
Industry Position: 463.4% above the Capital Markets median (#673 of 743)
No single metric tells the full story. See the FRA:SWG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Charles Schwab is one of the largest retail-oriented financial-services companies in the US, with $11.9 trillion in client assets across its brokerage, banking, asset management, custody, financial advisory, and wealth management businesses at the end of 2025. While best known for its retail brokerage offering, Schwab generates the lion's share of its revenue and profits through its Charles Schwab Bank and asset management segments. The firm is a dominant player in Registered Investment Advisor(RIA) custody, with over 40% market share, and has recently pushed into wealth management with robo-advisory, direct indexing, and other managed-investment solutions.
76GF Score
Get the complete analysis for FRA:SWG
Price-to-Tangible-Book is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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