The Charles Schwab CorporationSCHW

Where SCHW's P/B sits inside its own 10-year distribution, with the yearly high, low and average.

$109.29-1.09 (-0.99%)Previous close
NYSEFinancial Services

SCHW P/B: current value, 10-year range and year-by-year history

3.8Near historic high

SCHW's p/b is higher than 95% of the last 10 years.

P/B History

Historically priceyAbove avgAround avgBelow avgHistorically cheap
SCHW P/B historySCHW P/B from Sep 2023 to Sep 2026: low 2.39, high 3.96, latest 3.81.2.262.723.173.634.09Sep 23Apr 24Nov 24Jun 25Feb 26Sep 26med 3.17

SCHW P/B by year

Yearly range of SCHW’s p/b from 2016 to 2026. Over the full period it ranged from 1.3 to 4.4, averaging 2.9.

SCHW P/B — yearly low, average, high and year-end values
YearLowAverageHighYear-end
20263.03.54.03.8
20252.53.33.73.6
20242.52.93.42.8
20232.43.04.43.3
20222.43.24.34.3
20211.32.32.82.8
20201.41.92.91.4
20192.22.73.12.8
20182.53.64.22.7
20172.93.33.93.9
20162.73.03.53.4

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How much the market pays relative to the company's accounting net worth (assets minus liabilities). P/B < 1 means the market values the company below what the books say it owns.

FormulaPrice / Book Value Per Share
Full guide
How to read this chart

Most useful for asset-heavy businesses: banks, insurers, REITs. A P/B near its historical low suggests the market is paying unusually little for the net assets.

Key caveats
  • Goodwill and intangibles from acquisitions can inflate book value significantly — some analysts prefer tangible book value.
  • Low P/B in technology or software companies is usually irrelevant: their value is in IP and people, not balance sheet assets.

Is SCHW P/B High or Low Right Now?

The Charles Schwab Corporation's P/B is currently 3.8, which is near historic high relative to its 10-year historical range. The 10-year median P/B for SCHW is approximately 3.0. See all SCHW valuation metrics →

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