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.
As of today (2026-09-05), Leonteq AG's share price is CHF21.25. Leonteq AG's Tangible Book per Share of Jun. 2026 for the quarter that ended in Jun. 2026 was CHF37.40. Hence, Leonteq AG's Price to Tangible Book Ratio of today is 0.57.
The historical rank and industry rank for Leonteq AG's Price-to-Tangible-Book or its related term are showing as below:
XSWX:LEON'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.38 Med: 1.06 Max: 2.58
Current: 0.57
During the past 13 years, Leonteq AG's highest Price to Tangible Book Ratio was 2.58. The lowest was 0.38. And the median was 1.06.
XSWX:LEON's Price-to-Tangible-Book is ranked better than 87.4% of 1532
companies
in the Asset Management industry
Industry Median: 0.95
vs XSWX:LEON: 0.57
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.
Leonteq AG Price-to-Tangible-Book Related Terms
Leonteq AG Price-to-Tangible-Book Historical Data
* Premium members only.
The historical data trend for Leonteq AG'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.
XSWX:LEON vs BLK, BX, KKR: Price-to-Tangible-Book Comparison
For the Asset Management subindustry, Leonteq AG'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.
Leonteq AG Price-to-Tangible-Book vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Leonteq AG's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Leonteq AG'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.
Leonteq AG (XSWX:LEON) has a Price-to-Tangible-Book of 0.57 as of Sep. 05, 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 Leonteq AG and its competitors. According to the industry distribution chart, Leonteq AG ranks #193 out of 1532 companies in the Asset Management industry, placing it in the top 12.6%.
Is Leonteq AG's Price-to-Tangible-Book too high?
Leonteq AG's current Price-to-Tangible-Book is 0.57. The Asset Management industry median Price-to-Tangible-Book is 0.95. Leonteq AG's value of 0.57 is 40% below this industry median. Based on the distribution chart, Leonteq AG ranks #193 out of 1532 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Leonteq AG has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Leonteq AG's Price-to-Tangible-Book compare to BLK and BX?
According to the Asset Management industry distribution chart, Leonteq AG ranks #193 out of 1532 companies for Price-to-Tangible-Book. This places Leonteq AG in the top 13% of its industry — outperforming the majority of peers. The industry median Price-to-Tangible-Book is 0.95. Leonteq AG's value of 0.57 is 40% 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 an Asset Management company?
The median Price-to-Tangible-Book among Asset Management companies is 0.95, based on 1,532 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. Leonteq AG's current Price-to-Tangible-Book of 0.57 is 40% 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 Leonteq AG and its competitors. For the Asset Management industry, the median Price-to-Tangible-Book is 0.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Leonteq AG's current Price-to-Tangible-Book is 0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leonteq AG stock overvalued right now?
Based on GuruFocus' analysis, Leonteq AG (XSWX:LEON) is currently considered Modestly Overvalued. The stock's GF Value™ is CHF18.80, compared to a current price of CHF21.25 — trading 13% above its estimated fair value. The current Price-to-Tangible-Book is 0.57 and 40% below the Asset Management industry median of 0.95. Leonteq AG's overall GF Score™ is 68/100 with 6 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 Leonteq AG (XSWX:LEON), the current Price-to-Tangible-Book is 0.57 as of Sep. 05, 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 Leonteq AG (XSWX:LEON) Overvalued in 2026?
Based on GuruFocus' analysis, Leonteq AG stock appears to be overvalued.
The current stock price of CHF21.25 is trading 13% above its estimated GF Value™ of CHF18.80.
GuruFocus considers Leonteq AG to be Modestly Overvalued.
Key valuation signals for XSWX:LEON:
Price-to-Tangible-Book: 0.57
GF Value™: CHF18.80 vs. price of CHF21.25 (13% above fair value)
Industry Position: 40% below the Asset Management median (#193 of 1532)
No single metric tells the full story. See the XSWX:LEON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Leonteq AG is a Swiss fintech company with a marketplace for structured investment solutions. Based on proprietary modern technology, the company offers derivative investment products and services. Leonteq acts as both a direct issuer of its products and as a partner to other financial institutions. Leonteq further enables life insurance companies and banks to produce capital-efficient, unit-linked pension products with guarantees. The company has a presence in its home market of Switzerland and other parts of Europe, as well as an established footprint in Asia and other regions.
68GF Score
Get the complete analysis for XSWX:LEON
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
XSWX:LEON has been successfully added to your 
