LPL Financial Holdings (LPLA) Price to Book (2010 - 2026)
LPL Financial Holdings' Price to Book came in at 3.85 for Q2 2026, down 34.8% from 5.91 a year earlier and down 9.0% from the prior quarter.
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Analysis
LPL Financial Holdings (LPLA) Price to Book (2010 - 2026) Analysis & Trends
For FY2025, LPL Financial Holdings' Price to Book was 5.35, down 35.6% from FY2024.
- Going back by year, Price to Book was 8.31 in FY2024 (+1.9%), 8.15 in FY2023 (+3.9%), 7.85 in FY2022 (+2.4%) and 7.66 in FY2021 (+21.3%).
- The Q2 2026 figure represents the lowest quarterly Price to Book since Q3 2016.
- Year-over-year, Price to Book has declined for six consecutive quarters, with an average decline of 24.2% over the last eight quarters.
- The fastest year-over-year change in Price to Book over five years came in Q3 2021 (growth of 54.4%), and the weakest in Q1 2026 (a decline of 49.5%).
- Business Quant data shows LPLA's Price to Book at 4.23 (Q1 2026), 5.35 (Q4 2025) and 5.28 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Cme | 109.93 Bn | 98.03 Bn | - |
| 2 | Intercontinental Exchange | 91.85 Bn | 85.66 Bn | - |
| 3 | Robinhood Markets | 86.83 Bn | 67.92 Bn | - |
| 4 | Nasdaq | 57.69 Bn | 55.13 Bn | 1.48 Bn |
| 5 | Interactive Brokers | 37.07 Bn | 30.53 Bn | - |
| 6 | Cboe Global Markets | 34.37 Bn | 26.02 Bn | 731.60 Mn |
| 7 | Tradeweb Markets | 28.54 Bn | 21.25 Bn | - |
| 8 | LPL Financial Holdings | 25.11 Bn | 20.43 Bn | - |
| 9 | Circle Internet | 20.23 Bn | 14.11 Bn | 288.85 Mn |
| 10 | Xp | 15.26 Bn | -6.57 Bn | 105.39 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.85 |
| Mar 31, 2026 | 4.23 |
| Dec 31, 2025 | 5.35 |
| Sep 30, 2025 | 5.28 |
| Jun 30, 2025 | 5.91 |
| Mar 31, 2025 | 8.38 |
| Dec 31, 2024 | 8.31 |
| Sep 30, 2024 | 6.28 |
| Jun 30, 2024 | 8.30 |
| Mar 31, 2024 | 8.70 |
| Dec 31, 2023 | 8.15 |
| Sep 30, 2023 | 8.60 |
| Jun 30, 2023 | 7.82 |
| Mar 31, 2023 | 7.17 |
| Dec 31, 2022 | 7.85 |
| Sep 30, 2022 | 8.70 |
| Jun 30, 2022 | 7.98 |
| Mar 31, 2022 | 8.42 |
| Dec 31, 2021 | 7.66 |
| Sep 30, 2021 | 7.77 |
API Access
LPL Financial Holdings Price to Book API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-book&ticker=LPLA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "LPLA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-book&ticker=LPLA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();