The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-22), Blend Labs's share price is $3.01. Blend Labs's Book Value per Share for the quarter that ended in Mar. 2024 was $-0.14. Hence, Blend Labs's PB Ratio of today is .
The historical rank and industry rank for Blend Labs's PB Ratio or its related term are showing as below:
During the past 5 years, Blend Labs's highest PB Ratio was 102.00. The lowest was 0.90. And the median was 2.80.
BLND's PB Ratio is not ranked *
in the Software industry.
Industry Median: 2.72 * Ranked among companies with meaningful PB Ratio only.
During the past 12 months, Blend Labs's average Book Value Per Share Growth Rate was -148.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 57.60% per year.
During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Blend Labs was 57.60% per year. The lowest was 57.60% per year. And the median was 57.60% per year.
Back to Basics: PB Ratio
Blend Labs PB Ratio Historical Data
The historical data trend for Blend Labs's PB Ratio 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.
For the Software - Application subindustry, Blend Labs'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.
Blend Labs's PB Ratio Distribution in the Software Industry
For the Software industry and Technology sector, Blend Labs's PB Ratio distribution charts can be found below:
* The bar in red indicates where Blend Labs's PB Ratio falls into.
Blend Labs PB Ratio Calculation
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
Blend Labs's PB Ratio for today is calculated as follows:
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Blend Labs PB Ratio Related Terms
Thank you for viewing the detailed overview of Blend Labs's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Blend Labs Inc is a cloud-based platform software platform that powers the digital interface between financial services firms and consumers. It supports and simplifies applications for mortgages, consumer loans, and deposit accounts. Its operating segments are 1) Blend Platform comprises a suite of products that power the entire origination process from back-end workflows to consumer experience. 2) Title365 enables customers to streamline the title, settlement, and closing process at scale for mortgages, home equity lines of credit, and home equity loans. The majority of revenue is earned from the blend platform segment.
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