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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.
Velocity Financial Price-to-Tangible-Book Related Terms
Velocity Financial Price-to-Tangible-Book Historical Data
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The historical data trend for Velocity Financial'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.
VEL vs LDI, ONIT, BETR: Price-to-Tangible-Book Comparison
For the Mortgage Finance subindustry, Velocity Financial'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.
Velocity Financial Price-to-Tangible-Book vs Banks Industry
For the Banks industry and Financial Services sector, Velocity Financial's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Velocity Financial'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.
Velocity Financial (VEL) has a Price-to-Tangible-Book of 1.03 as of Sep. 06, 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 Velocity Financial and its competitors. According to the industry distribution chart, Velocity Financial ranks #563 out of 1499 companies in the Banks industry, placing it in the top 37.6%.
Is Velocity Financial's Price-to-Tangible-Book too high?
Velocity Financial's current Price-to-Tangible-Book is 1.03. The Banks industry median Price-to-Tangible-Book is 1.20. Velocity Financial's value of 1.03 is 14.2% below this industry median. Based on the distribution chart, Velocity Financial ranks #563 out of 1499 companies in the Banks industry, which is above the industry midpoint. Overall, Velocity Financial has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Velocity Financial's Price-to-Tangible-Book compare to LDI and ONIT?
According to the Banks industry distribution chart, Velocity Financial ranks #563 out of 1499 companies for Price-to-Tangible-Book. This puts Velocity Financial in the upper half of its industry. The industry median Price-to-Tangible-Book is 1.20. Velocity Financial's value of 1.03 is 14.2% 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 Price-to-Tangible-Book for a Banks company?
The median Price-to-Tangible-Book among Banks companies is 1.20, based on 1,499 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. Velocity Financial's current Price-to-Tangible-Book of 1.03 is 14.2% 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 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 Velocity Financial and its competitors. For the Banks industry, the median Price-to-Tangible-Book is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Velocity Financial's current Price-to-Tangible-Book is 1.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Velocity Financial stock overvalued right now?
Based on GuruFocus' analysis, Velocity Financial (VEL) is currently considered Modestly Undervalued. The stock's GF Value™ is $23.95, compared to a current price of $18.43 — trading 23% below its estimated fair value. The current Price-to-Tangible-Book is 1.03 and 14.2% below the Banks industry median of 1.20. Velocity Financial's overall GF Score™ is 69/100 with 3 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 Velocity Financial (VEL), the current Price-to-Tangible-Book is 1.03 as of Sep. 06, 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 Velocity Financial (VEL) Overvalued in 2026?
Based on GuruFocus' analysis, Velocity Financial stock appears to be undervalued.
The current stock price of $18.43 is trading 23% below its estimated GF Value™ of $23.95.
GuruFocus considers Velocity Financial to be Modestly Undervalued.
Key valuation signals for VEL:
Price-to-Tangible-Book: 1.03
GF Value™: $23.95 vs. price of $18.43 (23% below fair value)
Industry Position: 14.2% below the Banks median (#563 of 1499)
No single metric tells the full story. See the VEL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Velocity Financial Inc is a United States-based real estate finance company. Company operates in a large fragmented market with substantial demand for financing and limited supply of institutional financing alternative The company originates and manages investor loans secured by residential rental and small commercial properties. The company earns revenue in the form of interest income. It operates in New York, California, Florida, New Jersey, and other states.
69GF Score
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Price-to-Tangible-Book is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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