Lakeland Financial Corp
LKFN
$60.66
Share price
3.22%
Change (1 day)
21.71%
Change (1 year)
Categories
Lakeland Financial Corp (LKFN) - P/B ratio
P/B ratio as of May 2024 : 2.42
According to Lakeland Financial Corp's latest financial reports the company has a price-to-book ratio of 2.42.
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.
Lakeland Financial Corp - P/B ratio (from 2001 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 2.55 | -21.57% |
| 2022-12-31 | 3.25 | 13.05% |
| 2021-12-31 | 2.88 | 37.2% |
| 2020-12-31 | 2.10 | 0.71% |
| 2019-12-31 | 2.08 | 7.61% |
| 2018-12-31 | 1.93 | -25.3% |
| 2017-12-31 | 2.59 | -6.32% |
| 2016-12-31 | 2.76 | 40.78% |
| 2015-12-31 | 1.96 | -0.87% |
| 2014-12-31 | 1.98 | -0.16% |
| 2013-12-31 | 1.98 | 40.36% |
| 2012-12-31 | 1.41 | -7.92% |
| 2011-12-31 | 1.53 | 9.91% |
| 2010-12-31 | 1.40 | 41.91% |
| 2009-12-31 | 0.9840 | -49.66% |
| 2008-12-31 | 1.95 | 12.96% |
| 2007-12-31 | 1.73 | -26.65% |
| 2006-12-31 | 2.36 | 11.34% |
| 2005-12-31 | 2.12 | -7.64% |
| 2004-12-31 | 2.29 | 1.03% |
| 2003-12-31 | 2.27 | 40.86% |
| 2002-12-31 | 1.61 |
P/B ratio for similar companies or competitors
| Company | P/B ratio | differencediff. | Country |
|---|---|---|---|
 Old National Bank
ONB | 0.9567 | -60.53% | 🇺🇸 USA |
 German American Bancorp GABC | 1.42 | -41.57% | 🇺🇸 USA |
 First Merchants Corporation
FRME | 0.9018 | -62.80% | 🇺🇸 USA |
 First Financial THFF | 0.8149 | -66.38% | 🇺🇸 USA |
 1st Source
SRCE | 1.16 | -52.15% | 🇺🇸 USA |
 Horizon Bancorp HBNC | 0.7469 | -69.19% | 🇺🇸 USA |