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loanDepot (loanDepot) PB Ratio : 1.15 (As of May. 01, 2024)


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What is loanDepot PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-01), loanDepot's share price is $2.245. loanDepot's Book Value per Share for the quarter that ended in Dec. 2023 was $1.95. Hence, loanDepot's PB Ratio of today is 1.15.

The historical rank and industry rank for loanDepot's PB Ratio or its related term are showing as below:

LDI' s PB Ratio Range Over the Past 10 Years
Min: 0.37   Med: 0.96   Max: 4.64
Current: 1.15

During the past 8 years, loanDepot's highest PB Ratio was 4.64. The lowest was 0.37. And the median was 0.96.

LDI's PB Ratio is ranked worse than
68.13% of 1459 companies
in the Banks industry
Industry Median: 0.85 vs LDI: 1.15

During the past 12 months, loanDepot's average Book Value Per Share Growth Rate was -23.70% per year.

Back to Basics: PB Ratio


loanDepot PB Ratio Historical Data

The historical data trend for loanDepot's PB Ratio 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.

* Premium members only.

loanDepot PB Ratio Chart

loanDepot Annual Data
Trend Dec13 Dec14 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial - - 1.26 0.65 1.80

loanDepot Quarterly Data
Dec14 Jun15 Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.65 0.69 0.95 0.80 1.80

Competitive Comparison of loanDepot's PB Ratio

For the Mortgage Finance subindustry, loanDepot's PB Ratio, along with its competitors' market caps and PB Ratio 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.


loanDepot's PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, loanDepot's PB Ratio distribution charts can be found below:

* The bar in red indicates where loanDepot's PB Ratio falls into.



loanDepot PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

loanDepot's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=2.245/1.951
=1.15

* 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 Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


loanDepot  (NYSE:LDI) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


loanDepot PB Ratio Related Terms

Thank you for viewing the detailed overview of loanDepot's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


loanDepot (loanDepot) Business Description

Traded in Other Exchanges
Address
26642 Towne Centre Drive, Foothill Ranch, CA, USA, 92610
loanDepot Inc provides nonbank consumer lending solutions for individuals in the United States. It offers personal, residential home, home refinancing, mortgage and home equity loans. It also provides online mortgage loans for refinancing and home purchases. It serves customers through distribution channels, including consumer direct centres, retail branches, wholesale centres, and consumer finance and servicing centres in the United States. It competes with commercial banks and financial institutions. The Company is subject to governmental laws and regulations.
Executives
Jeff Alexander Walsh officer: See Remarks C/O LOANDEPOT, INC., 26642 TOWNE CENTRE DRIVE, FOOTHILL RANCH CA 92610
Frank Martell director, officer: CEO and President 10 GASTON FARMS ROAD, GREENWICH CT 06831
Dan Binowitz officer: Managing Director 26642 TOWNE CENTRE DRIVE, FOOTHILL RANCH CA 92610
Darren Graeler officer: Chief Accounting Officer 6561 IRVINE CENTER DRIVE, IRVINE CA 92618
David R Hayes officer: Chief Financial Officer 6561 IRVINE CENTER DRIVE, IRVINE CA 92618
Patrick J Flanagan officer: Chief Financial Officer C/O LOANDEPOT, 26642 TOWNE CENTRE DRIVE, FOOTHILL RANCH CA 92610
John Hoon Lee director 26642 TOWNE CENTRE DRIVE, FOOTHILL RANCH CA 92610
Steven Ozonian director C/O TREE.COM, INC., 11115 RUSHMORE DRIVE, CHARLOTTE NC 28277
Nicole Carrillo officer: Chief Accounting Officer C/O LOANDEPOT, INC., 26642 TOWNE CENTRE DRIVE, FOOTHILL RANCH CA 92610
Jeffrey Michael Dergurahian officer: See Remarks C/O LOANDEPOT, 26642 TOWNE CENTRE DRIVE, FOOTHILL RANCH CA 92610
Grassi Joseph J Iii officer: Chief Risk Officer C/O FANNIE MAE, 1100 15TH STREET NW, WASHINGTON DC 20005
Gregory Smallwood officer: Chief Legal Officer 1525 S. BELT LINE RD., COPPELL TX 75019
Anthony Li Hsieh director, 10 percent owner, officer: Chief Executive Officer C/O LOANDEPOT, 26642 TOWNE CENTRE DRIVE, FOOTHILL RANCH CA 92610
Pamela H. Patenaude director 26642 TOWNE CENTRE DRIVE, C/O LOANDEPOT, INC., FOOTHILL RANCH CA 92610
Michael Linton director C/O LOANDEPOT, INC. ATTN GENERAL COUNSEL, 26642 TOWNE CENTRE DRIVE, FOOTHILL RANCH CA 92610