LandBridge (LB) Price to Book (2024 - 2026)
LandBridge's (LB) quarterly Price to Book came in at 7.33 in Q2 2026, down 2.76% on a YoY basis from 7.53 in Q2 2025, and up 11.34% quarter-over-quarter from 6.58 in Q1 2026.
Analysis
LandBridge (LB) Price to Book (2024 - 2026) Analysis & Trends
LandBridge (LB) has reported Price to Book for 3 consecutive years, with 7.33 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Price to Book fell 2.76% year-over-year to 7.33; the trailing twelve-month figure through Jun 2026 stood at 7.33 (down 2.76% YoY), and the FY2025 full-year result was 4.76, down 38.67% from the prior year.
- Price to Book climbed to 7.33 in Q2 2026 per LB's latest filing, from 6.58 in the prior quarter.
- Across five years, Price to Book topped out at 8.47 in Q1 2025 and bottomed at 4.76 in Q4 2025.
- Historically, Price to Book has averaged 6.92 across 3 years, with a median of 7.21 in 2024.
- The sharpest annual moves came in 2025 and 2026: Price to Book sank 38.67% in 2025, then dropped 2.76% in 2026.
- Over 3 years, Price to Book stood at 7.76 in 2024, then tumbled by 38.67% to 4.76 in 2025, then soared by 54.04% to 7.33 in 2026.
- According to Business Quant data, Price to Book over the past three periods registered 7.33, 6.58, and 4.76 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Texas Pacific Land | 25.83 Bn | 25.58 Bn | - |
| 2 | Eason Technology | 6.12 Bn | 6.12 Bn | - |
| 3 | Opendoor Technologies | 2.91 Bn | 2.02 Bn | 86.00 Mn |
| 4 | Vesta Real Estate Corporation, S.A.B. de C.V | 2.87 Bn | 2.87 Bn | - |
| 5 | LandBridge | 2.44 Bn | 2.40 Bn | 65.51 Mn |
| 6 | Kennedy-Wilson Holdings | 1.52 Bn | 1.37 Bn | 83.20 Mn |
| 7 | Frp Holdings | 420.67 Mn | 420.67 Mn | - |
| 8 | American Realty Investors | 250.20 Mn | 250.20 Mn | - |
| 9 | Belpointe PREP | 186.60 Mn | 186.60 Mn | - |
| 10 | Star Holdings | 114.16 Mn | 79.35 Mn | 5.31 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.33 |
| Mar 31, 2026 | 6.58 |
| Dec 31, 2025 | 4.76 |
| Sep 30, 2025 | 5.84 |
| Jun 30, 2025 | 7.53 |
| Mar 31, 2025 | 8.47 |
| Dec 31, 2024 | 7.76 |
| Sep 30, 2024 | 7.08 |