Open Lending (LPRO)

P/B ratio as of September 2024 : 3.54

According to Open Lending's latest financial reports the company has a price-to-book ratio of 3.54.
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.

Open Lending - P/B ratio (from 2020 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	4.96	23.75%
2022-12-31	4.01	-77.55%
2021-12-31	17.8	-89.28%
2020-12-31	167
2019-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	differencediff.	Country
360 DigiTech QFIN	1.47	-58.32%	🇨🇳 China
Rocket Companies RKT	4.27	20.67%	🇺🇸 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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Open Lending (LPRO) - P/B ratio