Xp (XP) Price to Book (2019 - 2026)
Xp (XP) posted Price to Book of 1.72 for Q2 2026, down 18.25% on a QoQ basis from 2.11 in Q1 2026, and down 37.86% year-over-year from 2.77 in Q2 2025.
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Xp (XP) Price to Book (2019 - 2026) Analysis & Trends
Xp has reported Price to Book for 8 years, with the latest figure at 1.72 in Q2 2026.
- On a quarterly basis, Price to Book fell 37.86% year-over-year to 1.72 in Q2 2026; TTM through Jun 2026 was 1.72, a 37.86% decrease from a year earlier, with the FY2025 full-year figure at 2.02, up 17.99% from the prior year.
- Price to Book was 1.72 for Q2 2026 at Xp, down from 2.11 in the prior quarter.
- The five-year high for Price to Book was 5.66 in Q1 2022, with the low at 1.72 in Q2 2026.
- Average Price to Book over 5 years is 2.79, with a median of 2.61 recorded in 2022.
- The sharpest annual moves came in 2022 and 2024: Price to Book sank 93.55% in 2022, then jumped 68.38% in 2024.
- Over 5 years, Price to Book stood at 2.66 in 2022, then soared by 37.32% to 3.65 in 2023, then sank by 49.14% to 1.85 in 2024, then gained by 5.08% to 1.95 in 2025, then decreased by 11.57% to 1.72 in 2026.
- The last three Price to Book figures came in at 1.72 (Q2 2026), 2.11 (Q1 2026), and 1.95 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Robinhood Markets | 101.20 Bn | 83.88 Bn | 1.20 Bn |
| 2 | Interactive Brokers | 41.17 Bn | -6.79 Bn | - |
| 3 | LPL Financial Holdings | 27.86 Bn | 25.16 Bn | - |
| 4 | Futu Holdings | 15.80 Bn | -3.84 Bn | 792.50 Mn |
| 5 | UP Fintech Holding | 12.81 Bn | 12.81 Bn | - |
| 6 | Xp | 10.32 Bn | 5.47 Bn | 105.39 Mn |
| 7 | Webull | 4.83 Bn | 2.90 Bn | 85.87 Mn |
| 8 | eToro | 2.53 Bn | 1.57 Bn | 63.50 Mn |
| 9 | Solowin Holdings | 402.47 Mn | 383.36 Mn | - |
| 10 | TOP Financial | 127.44 Mn | 82.47 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.72 |
| Mar 31, 2026 | 2.11 |
| Dec 31, 2025 | 1.95 |
| Sep 30, 2025 | 2.34 |
| Jun 30, 2025 | 2.77 |
| Mar 31, 2025 | 2.07 |
| Dec 31, 2024 | 1.85 |
| Sep 30, 2024 | 2.56 |
| Jun 30, 2024 | 2.52 |
| Mar 31, 2024 | 3.41 |
| Dec 31, 2023 | 3.65 |
| Sep 30, 2023 | 3.15 |
| Jun 30, 2023 | 3.53 |
| Mar 31, 2023 | 2.03 |
| Dec 31, 2022 | 2.66 |
| Sep 30, 2022 | 3.19 |
| Jun 30, 2022 | 3.02 |
| Mar 31, 2022 | 5.66 |
| Dec 31, 2021 | 6.22 |
| Sep 30, 2021 | 39.82 |