Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Piperndler CosPIPR -2.23%71 Price-to-Tangible-Book is 4.19 as of Sep. 16, 2026. GuruFocus rates PIPR with a GF Score™ of 71/100 and a GF Value™ of $88.58 (Modestly Undervalued). Among 743 Capital Markets companies, Piperndler Cos ranks worse than 84.93% on this metric.
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.
Piperndler Cos Price-to-Tangible-Book Related Terms
Piperndler Cos Price-to-Tangible-Book Historical Data
* Premium members only.
The historical data trend for Piperndler Cos'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.
PIPR vs MRX, MC, MKTX: Price-to-Tangible-Book Comparison
For the Capital Markets subindustry, Piperndler Cos'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.
Piperndler Cos Price-to-Tangible-Book vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Piperndler Cos's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Piperndler Cos'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.
Piperndler Cos (PIPR) has a Price-to-Tangible-Book of 4.19 as of Sep. 16, 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 Piperndler Cos and its competitors. According to the industry distribution chart, Piperndler Cos ranks #631 out of 743 companies in the Capital Markets industry, placing it in the top 84.9%.
Is Piperndler Cos' Price-to-Tangible-Book too high?
Piperndler Cos' current Price-to-Tangible-Book is 4.19. The Capital Markets industry median Price-to-Tangible-Book is 1.33. Piperndler Cos' value of 4.19 is 215% above this industry median. Based on the distribution chart, Piperndler Cos ranks #631 out of 743 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Piperndler Cos has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Piperndler Cos' Price-to-Tangible-Book compare to MRX and MC?
According to the Capital Markets industry distribution chart, Piperndler Cos ranks #631 out of 743 companies for Price-to-Tangible-Book. This places Piperndler Cos in the lower half of its industry. The industry median Price-to-Tangible-Book is 1.33. Piperndler Cos' value of 4.19 is 215% 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 1.33, 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. Piperndler Cos's current Price-to-Tangible-Book of 4.19 is 215% 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 Piperndler Cos and its competitors. For the Capital Markets industry, the median Price-to-Tangible-Book is 1.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Piperndler Cos's current Price-to-Tangible-Book is 4.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Piperndler Cos stock overvalued right now?
Based on GuruFocus' analysis, Piperndler Cos (PIPR) is currently considered Modestly Undervalued. The stock's GF Value™ is $88.58, compared to a current price of $71.36 — trading 19.4% below its estimated fair value. The current Price-to-Tangible-Book is 4.19 and 215% above the Capital Markets industry median of 1.33. Piperndler Cos' overall GF Score™ is 71/100. 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 Piperndler Cos (PIPR), the current Price-to-Tangible-Book is 4.19 as of Sep. 16, 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 Piperndler Cos (PIPR) Overvalued in 2026?
Based on GuruFocus' analysis, Piperndler Cos stock appears to be undervalued.
The current stock price of $71.36 is trading 19.4% below its estimated GF Value™ of $88.58.
GuruFocus considers Piperndler Cos to be Modestly Undervalued.
Key valuation signals for PIPR:
Price-to-Tangible-Book: 4.19
GF Value™: $88.58 vs. price of $71.36 (19.4% below fair value)
Industry Position: 215% above the Capital Markets median (#631 of 743)
No single metric tells the full story. See the PIPR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Piper Sandler Cos is an investment bank and institutional securities firm, serving the needs of corporations, private equity groups, public entities, non-profit entities, and institutional investors in the United States (U.S.) and internationally. The company provides a broad set of products and services, including financial advisory services; equity and debt capital markets products; public finance services; institutional brokerage services; fundamental equity and macro research services; fixed income services; and alternative asset management strategies. It generates maximum revenue from Advisory services.
71GF Score
Get the complete analysis for PIPR
Price-to-Tangible-Book is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
PIPR has been successfully added to your 
