SCHW (Charles Schwab) Book Value per Share (2024)

What is Charles Schwab Book Value per Share?

Charles Schwab's book value per share for the quarter that ended in Jun. 2024 was $19.01.

During the past 12 months, Charles Schwab's average Book Value Per Share Growth Rate was 23.80% per year.During the past 3 years, the average Book Value Per Share Growth Rate was -12.20% per year.During the past 5 years, the average Book Value Per Share Growth Rate was 3.50% per year.During the past 10 years, the average Book Value Per Share Growth Rate was 11.10% per year.Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Charles Schwab was 47.10% per year. The lowest was -12.20% per year. And the median was 13.45% per year.

Charles Schwab's current price is $62.12. Its book value per share for the quarter that ended in Jun. 2024 was $19.01. Hence, today's PB Ratio of Charles Schwab is 3.27.

During the past 13 years, the highest P/B Ratio of Charles Schwab was 5.84. The lowest was 1.67. And the median was 3.50.

Good Sign:

Charles Schwab Corp stock PB Ratio (=3.27) is close to 2-year low of 3.19

Charles Schwab Book Value per Share Historical Data

The historical data trend for Charles Schwab's Book Value per Share 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.

Charles Schwab Book Value per Share Chart

Charles Schwab Annual Data
	Trend	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Book Value per Share											Get a 7-Day Free Trial	14.74	25.70	24.46	14.52	17.42

Charles Schwab Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Book Value per Share	Get a 7-Day Free Trial															15.36	15.70	17.42	18.18	19.01

Competitive Comparison of Charles Schwab's Book Value per Share

For the Capital Markets subindustry, Charles Schwab'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.

Charles Schwab's PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Charles Schwab's PB Ratio distribution charts can be found below:

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

Charles Schwab Book Value per Share Calculation

Charles Schwab's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Book Value Per Share	=	(Total Stockholders Equity	-	Preferred Stock)	/	Shares Outstanding (EOP)
	=	(40,958	-	9,191)	/	1,824
	=	17.42

Charles Schwab's Book Value Per Share for the quarter that ended in Jun. 2024 is calculated as:

Book Value Per Share	=	(Total Stockholders Equity	-	Preferred Stock)	/	Shares Outstanding (EOP)
	=	(43,953	-	9,191)	/	1,829
	=	19.01

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Charles Schwab(NYSE:SCHW) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.

Charles Schwab Book Value per Share Related Terms

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Charles Schwab Business Description

Industry

GURUFOCUS.COM »STOCK LIST »Financial Services » Capital Markets » Charles Schwab Corp (NYSE:SCHW) » Definitions » Book Value per Share

Comparable Companies

GS MS TW HOOD LPLA IBKR JEF HLI XP EVR ASX:MQG SHSE:600030 BSP:BPAC3 TSE:8604 SHSE:601066 SHSE:600999 SHSE:601211 SZSE:000166 SHSE:601688 SHSE:600837

Traded in Other Exchanges

SCHWpJ.PFD:USA SCHWpD.PFD:USA SCHW:Mexico 0L3I:UK SWG:Germany SWG:Germany SCHW34:Brazil SCHW:Austria

Address

3000 Schwab Way, Westlake, TX, USA, 76262

Website

https://www.aboutschwab.com

Charles Schwab operates in brokerage, wealth management, banking, and asset-management businesses. The company runs a large network of brick-and-mortar brokerage branch offices, a well-established online investing website, and has mobile trading capabilities. It also operates a bank and a proprietary asset management business and offers services to independent investment advisors. The company is among the largest firms in the investment business, with over $7 trillion of client assets at the end of December 2022. Nearly all of its revenue is from the United States.

Executives

Carolyn Schwab-pomerantz	director	3000 SCHWAB WAY, WESTLAKE TX 76262
Morgan Peter J. Iii	officer: General Counsel	211 MAIN STREET, SAN FRANCISCO CA 94105
Peter B. Crawford	officer: CFO	211 MAIN STREET, SAN FRANCISCO CA 94105
Charles R. Schwab	director, officer: Co-Chairman	PO BOX 2226, PALM BEACH FL 33480
Paula A Sneed	director	THREE LAKES DRIVE, NORTHFIELD IL 60093
Charles A. Ruffel	director	3000 SCHWAB WAY, WESTLAKE TX 76262
Arun Sarin	director	C/O SAFEWAY INC., 5918 STONERIDGE MALL ROAD, PLEASANTON CA 94588
Joan Dea	director	229 BRANNAN ST. #18G, SAN FRANCISCO CA 94107
Brian M Levitt	director	C/O DOMTAR CORPORATION, 234 KINGSLEY PARK DRIVE, FORT MILL SC 29715
Marianne Catherine Brown	director	4094 TIMUQUANA ROAD, JACKSONVILLE FL 33210-8571
Richard A Wurster	officer: President	3000 SCHWAB WAY, WESTLAKE TX 76262
Bernard J. Clark	officer: MD, Head of Adivsor Services	C/O THE CHARLES SCHWAB CORPORATION, 211 MAIN STREET, SAN FRANCISCO CA 94105
Gerri Martin-flickinger	director	C/O TABLEAU SOFTWARE, INC., 1621 N 34TH ST, SEATTLE WA 98103
Mark A Goldfarb	director	C/O THE CHARLES SCHWAB CORPORATION, 211 MAIN STREET, SAN FRANCISCO CA 94105
Stephen A Ellis	director	C/O THE CHARLES SCHWAB CORPORATION, 211 MAIN STREET, SAN FRANCISCO CA 94105