Blend Labs (BLND) Price to Book (2021 - 2026)
Blend Labs (BLND) posted Price to Book of 5.44 for Q2 2026, up 27.69% on a QoQ basis from 7.52 in Q1 2026, and up 85.39% year-over-year from 2.93 in Q2 2025.
Analysis
Blend Labs (BLND) Price to Book (2021 - 2026) Analysis & Trends
Blend Labs has reported Price to Book for 6 years, with the latest figure at 5.44 in Q2 2026.
- On a quarterly basis, Price to Book rose 85.39% year-over-year to 5.44 in Q2 2026; TTM through Jun 2026 was 5.44, a 85.39% increase from a year earlier, with the FY2025 full-year figure at 25.54, down 32.44% from the prior year.
- Price to Book was 5.44 for Q2 2026 at Blend Labs, up from 7.52 in the prior quarter.
- The five-year high for Price to Book was 53.99 in Q3 2023, with the low at 70.8 in Q3 2025.
- Average Price to Book over 5 years is 12.9, with a median of 10.36 recorded in 2026.
- The largest YoY upside for Price to Book was 1705.23% in 2023 against a maximum downside of 1275.73% in 2023.
- Over 5 years, Price to Book stood at 2.82 in 2022, then plunged by 1275.73% to 33.12 in 2023, then soared by 41.76% to 19.29 in 2024, then sank by 32.44% to 25.54 in 2025, then surged by 78.71% to 5.44 in 2026.
- The last three Price to Book figures came in at 5.44 (Q2 2026), 7.52 (Q1 2026), and 25.54 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Upstart Holdings | 2.73 Bn | 2.28 Bn | 303.39 Mn |
| 2 | Pagaya Technologies | 1.92 Bn | 1.72 Bn | 168.33 Mn |
| 3 | Qfin Holdings | 1.10 Bn | 108.74 Mn | - |
| 4 | FinVolution | 856.70 Mn | -70.30 Mn | - |
| 5 | X Financial | 432.29 Mn | -136.02 Mn | 84.09 Mn |
| 6 | Open Lending | 371.20 Mn | 186.25 Mn | 15.64 Mn |
| 7 | Blend Labs | 361.86 Mn | 317.00 Mn | 24.89 Mn |
| 8 | LexinFintech Holdings | 294.80 Mn | 294.80 Mn | 73.06 Mn |
| 9 | Antalpha Platform Holding | 85.61 Mn | -804.10 Mn | 11.94 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -5.44 |
| Mar 31, 2026 | -7.52 |
| Dec 31, 2025 | -25.54 |
| Sep 30, 2025 | -70.80 |
| Jun 30, 2025 | -37.22 |
| Mar 31, 2025 | -50.49 |
| Dec 31, 2024 | -19.29 |
| Sep 30, 2024 | -19.35 |
| Jun 30, 2024 | -13.19 |
| Mar 31, 2024 | -22.93 |
| Dec 31, 2023 | -33.12 |
| Sep 30, 2023 | 53.99 |
| Jun 30, 2023 | 5.64 |
| Mar 31, 2023 | 3.40 |
| Dec 31, 2022 | 2.82 |
| Sep 30, 2022 | 2.99 |
| Jun 30, 2022 | 1.98 |
| Mar 31, 2022 | 1.82 |
| Dec 31, 2021 | 2.30 |
| Sep 30, 2021 | 3.74 |