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Friday 6 November 2026 Export LYG’s income statement to Excel — free account

Lloyds Banking Group PLC

LYG Financial Banks Regional

Lloyds Banking Group PLC’s revenue for fiscal 2025 (year ended December 2025) was $48.7 billion, down 27.7% from fiscal 2024.

Revenue
−67.6%
EPS
+66.2%
Free cash flow
+62.3%
Total debt
+28.6%

Quarter to June 2026, against a year earlier

5.19 0.08 −1.52%
Market cap
$74.1B
P/E
12.0×
Fwd P/E
—
Dividend yield
4.13%
F-score
6/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Lloyds Banking Group PLC (LYG) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Lloyds Banking Group PLC (LYG) trades at a P/B ratio of 1.2×. Over the past ten years it has ranged from 0.3× (April 2020) to 1.5× (February 2026); the current reading is higher than 83% of that period. That is in line with the Banks Regional industry median of 1.2× and below the Financial sector median of 1.3×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 1.3× 81.41%
FY2024 0.7× 0.67%
FY2023 0.7× (10.18%)
FY2022 0.8× 9.19%
FY2021 0.7× 27.65%
FY2020 0.6× (45.05%)
FY2019 1.0× 14.43%
FY2018 0.9× (24.39%)
FY2017 1.2× 17.11%
FY2016 1.0× (32.35%)

Quarterly newest first

Period P/B ratio Change
Mar 2026 1.2× 23.25%
Mar 2025 1.0× 44.03%
Mar 2024 0.7× 9.95%
Sep 2023 0.6× (24.46%)
23 more quarters

Against its own ten years

Low 0.3× High 1.5×
Ten-year median 0.9×
Current reading's percentile 87

P/B ratio against peers

Company P/B ratio
DB Deutsche Bank Aktiengesellschaft compare 0.7×
TFC Truist Financial Corporation compare 1.1×
NWG NatWest Group plc compare 1.1×
LYG Lloyds Banking Group PLC 1.2×
PNC The PNC Financial Services Group, Inc compare 1.5×
USB U.S. Bancorp compare 1.6×
FITB Fifth Third Bancorp compare 1.6×
IBN ICICI Bank Limited compare 2.7×
NU Nu Holdings Ltd. compare 4.3×
Banks Regional industry median 1.2×
Financial sector median 1.3×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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