As of today (2024-04-23), LendingClub's share price is $8.25. LendingClub's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $10.54. Hence, LendingClub's Price to Tangible Book Ratio of today is 0.78.
The historical rank and industry rank for LendingClub's Price-to-Tangible-Book or its related term are showing as below:
LC'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.75 Med: 1.71 Max: 10.87
Current: 0.78
During the past 12 years, LendingClub's highest Price to Tangible Book Ratio was 10.87. The lowest was 0.75. And the median was 1.71.
LC's Price-to-Tangible-Book is ranked better than 65.86% of 498
companies
in the Credit Services industry
Industry Median: 1.07
vs LC: 0.78
A closely related ratio is called PB Ratio. As of today, LendingClub's share price is $8.25. LendingClub's Book Value per Sharefor the quarter that ended in Dec. 2023 was $11.34. Hence, LendingClub's P/B Ratio of today is 0.73.
LendingClub Price-to-Tangible-Book Historical Data
The historical data trend for LendingClub's Price-to-Tangible-Book can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Credit Services subindustry, LendingClub's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
LendingClub Price-to-Tangible-Book Distribution
For the Credit Services industry and Financial Services sector, LendingClub's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where LendingClub's Price-to-Tangible-Book falls into.
LendingClub Price-to-Tangible-Book Calculation
LendingClub's price-to-tangible-book ratio for today is calculated as:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.
LendingClub Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of LendingClub's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
LendingClub Corp is a company engaged in operating an online lending marketplace platform that connects borrowers and investors for the provision of the loan facility. It offers investors access to an asset class that has generally been closed to many investors and only available on a limited basis to institutional investors. The company through the platform offers loan products such as personal, education and patient finance, small business, and auto to interested investors. It generates a majority of the revenue from the transaction fees received from the platform's role in accepting and decisioning applications on behalf of the bank partners to enable loan originations.
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