Lazard (LAZ) Price to Book (2009 - 2026)
Lazard's (LAZ) quarterly Price to Book came in at 5.07 in Q2 2026, down 26.29% year-over-year from 6.88 in Q2 2025, and down 6.75% quarter-over-quarter from 5.44 in Q1 2026.
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Lazard (LAZ) Price to Book (2009 - 2026) Analysis & Trends
Lazard has disclosed Price to Book across 18 years of filings, most recently posting 5.07 for Q2 2026.
- In Q2 2026, Price to Book fell 26.29% year-over-year to 5.07; the TTM figure through Jun 2026 stood at 5.07 (down 26.29% YoY), while the FY2025 annual figure was 5.99, down 15.01% from the prior year.
- Price to Book came in at 5.07 for Q2 2026 at Lazard, down from 5.44 in the prior quarter.
- In the past five years, Price to Book ranged from a high of 8.52 in Q1 2024 to a low of 4.01 in Q1 2022.
- Average Price to Book over 5 years is 6.18, with a median of 6.52 recorded in 2023.
- Year-over-year, Price to Book dropped 29.12% in 2022 and surged 54.48% in 2023.
- Over 5 years, Price to Book stood at 5.79 in 2022, then gained by 10.96% to 6.42 in 2023, then increased by 9.67% to 7.04 in 2024, then declined by 15.01% to 5.99 in 2025, then retreated by 15.29% to 5.07 in 2026.
- Per Business Quant data, the three most recent Price to Book figures were 5.07 in Q2 2026, 5.44 in Q1 2026, and 5.99 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Evercore | 11.52 Bn | 9.43 Bn | 975.67 Mn |
| 2 | Jefferies Financial | 11.24 Bn | -4.17 Bn | 3.09 Bn |
| 3 | Houlihan Lokey | 9.53 Bn | 8.45 Bn | - |
| 4 | Cluster Group Holdings | 8.00 Bn | 8.00 Bn | - |
| 5 | PJT Partners | 6.94 Bn | 6.99 Bn | 481.98 Mn |
| 6 | Moelis | 6.06 Bn | 5.99 Bn | - |
| 7 | Piper Sandler Companies | 5.20 Bn | 5.09 Bn | - |
| 8 | Lazard | 4.97 Bn | 3.99 Bn | - |
| 9 | BRBI BR Partners | 3.49 Bn | 3.38 Bn | 16.77 Mn |
| 10 | Perella Weinberg Partners | 1.81 Bn | 2.01 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.07 |
| Mar 31, 2026 | 5.44 |
| Dec 31, 2025 | 5.99 |
| Sep 30, 2025 | 6.77 |
| Jun 30, 2025 | 6.88 |
| Mar 31, 2025 | 7.58 |
| Dec 31, 2024 | 7.04 |
| Sep 30, 2024 | 6.94 |
| Jun 30, 2024 | 6.90 |
| Mar 31, 2024 | 8.52 |
| Dec 31, 2023 | 6.42 |
| Sep 30, 2023 | 6.61 |
| Jun 30, 2023 | 6.83 |
| Mar 31, 2023 | 5.70 |
| Dec 31, 2022 | 5.79 |
| Sep 30, 2022 | 4.38 |
| Jun 30, 2022 | 4.42 |
| Mar 31, 2022 | 4.01 |
| Dec 31, 2021 | 4.56 |
| Sep 30, 2021 | 5.28 |