XP Inc. (XP) - P/B ratio

P/B ratio as of January 2026 : 2.02

According to XP Inc.'s latest financial reports the company has a price-to-book ratio of 6.78717.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

XP Inc. - P/B ratio (from 2019 to 2025)

P/B ratio by year

Year	P/B ratio	Change
2025-12-31	1.92	-4.11%
2024-12-31	2.00	-43.79%
2023-12-31	3.56	33.41%
2022-12-31	2.67	-57.09%
2021-12-31	6.21	-40.42%
2020-12-31	10.4	-12.58%
2019-12-31	11.9
2018-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
Raymond James RJF	2.66	31.68%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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