SCHW (Charles Schwab) Price-to-Tangible-Book (2024)

What is Charles Schwab Price-to-Tangible-Book?

As of today (2024-09-15), Charles Schwab's share price is $62.12. Charles Schwab's Tangible Book per Share of Jun. 2024 for the quarter that ended in Jun. 2024 was $8.10. Hence, Charles Schwab's Price to Tangible Book Ratio of today is 7.67.

The historical rank and industry rank for Charles Schwab's Price-to-Tangible-Book or its related term are showing as below:

SCHW' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.93 Med: 4.25 Max: 25.04
Current: 7.67

During the past 13 years, Charles Schwab's highest Price to Tangible Book Ratio was 25.04. The lowest was 1.93. And the median was 4.25.

SCHW's Price-to-Tangible-Book is ranked worse than
89.65% of 734 companies
in the Capital Markets industry
Industry Median: 1.34 vs SCHW: 7.67

A closely related ratio is called PB Ratio. As of today, Charles Schwab's share price is $62.12. Charles Schwab's Book Value per Sharefor the quarter that ended in Jun. 2024 was $19.01. Hence, Charles Schwab's P/B Ratio of today is 3.27.

Charles Schwab Price-to-Tangible-Book Historical Data

The historical data trend for Charles Schwab's Price-to-Tangible-Book 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 Price-to-Tangible-Book Chart

Charles Schwab Annual Data
	Trend	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Price-to-Tangible-Book											Get a 7-Day Free Trial	3.48	3.78	6.38	25.04	10.86

Charles Schwab Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Price-to-Tangible-Book	Get a 7-Day Free Trial															13.79	12.12	10.86	10.06	9.10

Competitive Comparison of Charles Schwab's Price-to-Tangible-Book

For the Capital Markets subindustry, Charles Schwab's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

Charles Schwab's Price-to-Tangible-Book Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Charles Schwab's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Charles Schwab's Price-to-Tangible-Book falls into.

Charles Schwab Price-to-Tangible-Book Calculation

Charles Schwab's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jun. 2024 )
	=	62.12	/	8.098
	=	7.67

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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

Be Aware

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

Charles Schwab Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Charles Schwab's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Charles Schwab Business Description

Industry

GURUFOCUS.COM »STOCK LIST »Financial Services » Capital Markets » Charles Schwab Corp (NYSE:SCHW) » Definitions » Price-to-Tangible-Book

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