Banco Santander (SAN) Price to Book (2009 - 2026)
Banco Santander's Price to Book came in at 1.52 for Q3 2026, up 23.0% from 1.23 a year earlier but down 92.3% from the prior quarter.
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Analysis
Banco Santander (SAN) Price to Book (2009 - 2026) Analysis & Trends
For FY2025, Banco Santander's Price to Book was 1.30, down 85.2% from FY2024.
- Going back by year, Price to Book was 8.76 in FY2024 (+17.2%), 7.48 in FY2023 (+35.2%), 5.53 in FY2022 (-4.7%) and 5.81 in FY2021 (+17.2%).
- The five-year range for quarterly Price to Book is 0.41 (Q3 2022) to 26.51 (Q1 2026).
- Year-over-year, Price to Book increased in five of the last six quarters, with growth averaging 16.5%.
- The fastest year-over-year change in Price to Book over five years came in Q3 2025 (growth of 75.1%), and the weakest in Q4 2025 (a decline of 85.2%).
- Business Quant data shows SAN's Price to Book at 19.78 (Q2 2026), 26.51 (Q1 2026) and 1.30 (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Jpmorgan Chase | 897.79 Bn | 897.79 Bn | - |
| 2 | Bank Of America | 354.59 Bn | -2,021.52 Bn | - |
| 3 | Hsbc Holdings | 303.06 Bn | -1,800.54 Bn | - |
| 4 | Royal Bank Of Canada | 283.13 Bn | -546.91 Bn | - |
| 5 | Morgan Stanley | 281.69 Bn | -262.34 Bn | - |
| 6 | Goldman Sachs | 256.75 Bn | -3,486.70 Bn | - |
| 7 | Wells Fargo & Company | 252.78 Bn | 252.78 Bn | - |
| 8 | Mitsubishi Ufj Financial | 238.88 Bn | -102.51 Bn | 10.89 Bn |
| 9 | American Express | 216.12 Bn | 15.61 Bn | - |
| 10 | Banco Santander | 174.28 Bn | -511.11 Bn | 10.56 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 14.46 |
| Jun 30, 2026 | 19.78 |
| Mar 31, 2026 | 26.51 |
| Dec 31, 2025 | 10.40 |
| Sep 30, 2025 | 1.23 |
| Jun 30, 2025 | 0.98 |
| Mar 31, 2025 | 0.85 |
| Dec 31, 2024 | 8.76 |
| Sep 30, 2024 | 0.70 |
| Jun 30, 2024 | 0.68 |
| Mar 31, 2024 | 0.69 |
| Dec 31, 2023 | 7.48 |
| Sep 30, 2023 | 0.58 |
| Jun 30, 2023 | 0.56 |
| Mar 31, 2023 | 0.57 |
| Dec 31, 2022 | 5.53 |
| Sep 30, 2022 | 0.41 |
| Jun 30, 2022 | 0.48 |
| Mar 31, 2022 | 0.53 |
| Dec 31, 2021 | 5.81 |
API Access
Banco Santander 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=SAN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "SAN", "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=SAN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();