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

Piper Sandler Companies

Piper Sandler Companies' revenue for fiscal 2025 (year ended December 2025) was $1.9 billion, up 24.5% from fiscal 2024.

Revenue: −7.56%
EPS: −33.8%
Free cash flow: +58.8%

Quarter to September 2026, against a year earlier

Operating cash flow growth 3 yrs

66.93 0.21 −0.31%

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Market cap: $4.7B
P/E: 15.8×
Fwd P/E: 14.2×
Dividend yield: 0.86%
F-score: 8/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview

Piper Sandler Companies (PIPR) P/B ratio

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As of 5 November 2026, Piper Sandler Companies (PIPR) trades at a P/B ratio of 2.9×. Over the past ten years it has ranged from 0.2× (January 2015) to 4.4× (September 2025); the current reading is higher than 82% of that period. That is above the Capital Markets industry median of 1.4× and above the Financial sector median of 1.3×.

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<iframe src="https://stockrow.com/embed/PIPR/pb-ratio" width="100%" height="360" style="border:0" loading="lazy" title="Piper Sandler Companies P/B ratio, 10 years"></iframe>
<p style="font-size:12px">Source: <a href="https://stockrow.com/PIPR/metrics/pb-ratio">Piper Sandler Companies (PIPR) P/B ratio — stockrow.com</a></p>

Period	P/B ratio	Change
FY2025	3.6×	6.55%
FY2024	3.4×	70.32%
FY2023	2.0×	31.08%
FY2022	1.5×	(27.59%)
FY2021	2.1×	38.21%
FY2020	1.5×	11.75%
FY2019	1.3×	12.66%
FY2018	1.2×	(19.53%)
FY2017	1.5×	31.22%
FY2016	1.1×	62.08%

Period	P/B ratio	Change
Sep 2026	2.8×	(9.40%)
Jun 2026	3.1×	(6.28%)
Mar 2026	3.3×	(6.76%)
Dec 2025	3.6×	(9.81%)
43 more quarters	Free account

Against its own ten years

Low 0.2× High 4.4×

Ten-year median 1.5×

Current reading's percentile 81

Company	P/B ratio
GLXY Galaxy Digital Inc. compare	0.9×
MRX Marex Group PLC compare	2.5×
RIOT Riot Platforms, Inc. compare	2.5×
PIPR Piper Sandler Companies	2.9×
FIGR Figure Technology Solutions, Inc. compare	3.4×
BGC BGC Group, Inc. compare	3.9×
MKTX MarketAxess Holdings Inc. compare	4.7×
MC Moelis & Company compare	6.9×
WULF TeraWulf Inc. compare	33.3×
Capital Markets industry median	1.4×
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 →

Piper Sandler Companies (PIPR) P/B ratio

P/B ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/B ratio against peers

What P/B ratio is

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P/B ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/B ratio against peers

What P/B ratio is

More on PIPR

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