The Charles Schwab Corporation
SCHW Financial Capital Markets
The Charles Schwab Corporation’s revenue for fiscal 2025 (year ended December 2025) was $23.9 billion, up 22.0% from fiscal 2024. In the quarter to September 2026, revenue grew 16.9%, EPS grew 33.5%, free cash flow grew 35.0% and total debt rose 12.2%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years; insiders bought in the last twelve months.
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The Charles Schwab Corporation (SCHW) P/B ratio
As of 16 October 2026, The Charles Schwab Corporation (SCHW) trades at a P/B ratio of 3.6×. Over the past ten years it has ranged from 1.5× (January 2021) to 6.0× (January 2023); the current reading is higher than 51% of that period. That is above the Capital Markets industry median of 1.5× and above the Financial sector median of 1.2×.
P/B ratio, daily
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Annual newest first
| Period | P/B ratio | Change |
|---|---|---|
| FY2025 | 4.2× | 22.36% |
| FY2024 | 3.5× | (12.98%) |
| FY2023 | 4.0× | (30.90%) |
| FY2022 | 5.7× | 67.53% |
| FY2021 | 3.4× | 118.51% |
| FY2020 | 1.6× | (52.33%) |
| FY2019 | 3.3× | 5.06% |
| FY2018 | 3.1× | (28.48%) |
| FY2017 | 4.4× | 12.18% |
| FY2016 | 3.9× | 7.64% |
Quarterly newest first
| Period | P/B ratio | Change |
|---|---|---|
| Sep 2026 | 3.8× | 5.50% |
| Jun 2026 | 3.6× | (5.69%) |
| Mar 2026 | 3.9× | (8.55%) |
| Dec 2025 | 4.2× | 4.43% |
| 43 more quarters | Free account |
Against its own ten years
P/B ratio against peers
| Company | P/B ratio |
|---|---|
| NMR Nomura Holdings Inc ADR compare | 1.1× |
| IBKR Interactive Brokers Group, Inc. compare | 1.7× |
| GS The Goldman Sachs Group, Inc. compare | 2.4× |
| MS Morgan Stanley compare | 2.6× |
| TW Tradeweb Markets Inc. compare | 3.3× |
| SCHW The Charles Schwab Corporation | 3.6× |
| LPLA LPL Financial Holdings Inc. compare | 4.4× |
| CRCL Circle Internet Group, Inc. compare | 5.8× |
| HOOD Robinhood Markets, Inc. compare | 9.3× |
| Capital Markets industry median | 1.5× |
| Financial sector median | 1.2× |
| 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))
More on SCHW
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- Price to free cash flow
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement