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Piper Sandler PIPR Price / book

Price / book at other companies

Jefferies Financial Group logo
Jefferies Financial GroupJEF
0.0×
Stifel Financial logo
Stifel FinancialSF
1.8×-0.1×
Goldman Sachs Group logo
Goldman Sachs GroupGS
2.4×+0.8×
Morgan Stanley logo
Morgan StanleyMS
2.3×+0.5×
Evercore logo
EvercoreEVR
7.1×+0.9×
Lazard logo
LazardLAZ
4.5×-1.4×

Other financials

Income statement

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Revenue$495.5M+24.9%
Net income$67.8M+60.8%
EPS (diluted)$0.95+61.0%

Balance sheet

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Cash & equivalents$304.2M+147%
Total debt$175.0M+50.6%
Total equity$1.4B+11.6%
Total assets$2.3B+18.8%

Cash flow

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Operating cash flow-$291.7M-40.8%
CapEx$7.8M-45.2%
Free cash flow-$293.9M-34.6%

Valuation

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Market cap$5.14B-4.6%
Enterprise value$5.01B-6.9%
P/E16.7×-8.8×
P/S2.4×-0.9×

Profitability

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Net margin14.5%+1.3pp
FCF margin18%

Returns & leverage

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Return on equity23.6%+5.7pp
Debt / equity0.1×0.0×

Where this comes from

Calculated from Piper Sandler’s reported figures.

Based on the most recent quarter.

The source filing: Piper Sandler’s 10-Q, filed August 5, 2026. Open the filing →

Filed
Aug 5, 2026, 2:19 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001230245-26-000032

FAQ

What is Piper Sandler's price / book?
Piper Sandler (PIPR) reported price / book of 3.6× in Q2 2026.
How has Piper Sandler's price / book changed year-over-year?
Piper Sandler's price / book decreased by 2.3% year-over-year, from 3.6× to 3.6×.
What is the long-term trend for Piper Sandler's price / book?
Over 5 years (2020 to 2025), Piper Sandler's price / book has grown at a 18.7% compound annual growth rate (CAGR), from 1.7× to 4.1×.
What does price / book mean?
Market capitalization at the quarter end divided by shareholders' equity. The premium (or discount) the market assigns to the company's book equity.

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