Piper Sandler PIPR Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Net margin | 14%-0.8pp | 14.8%+1.0pp | 13.8%+0.6pp | 13.2%0.0pp | 13.2%+1.3pp | |
| Returns | ||||||
| Return on equity | 22%+0.4pp | 21.7%+2.4pp | 19.3%+1.4pp | 17.9%+0.3pp | 17.6%+1.9pp | |
| Efficiency | ||||||
| Asset turnover | 1×+0.2× | 0.8×0.0× | 0.8×0.0× | 0.8×0.0× | 0.8×+0.2× | |
| Leverage | ||||||
| Debt-to-equity | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | |
| Per Share | ||||||
| Book value per share | $18.84-75.5% | $76.97+6.8% | $72.04+3.8% | $69.38+307% | $17.06-75.2% | |
| Valuation | ||||||
| Market capitalization | $5.46B-3.4% | $5.65B-7.9% | $6.14B+37.0% | $4.48B+2.0% | $4.39B-7.7% | |
| Price / earnings | 19.4×-0.7× | 20.1×-5.9× | 26×+4.7× | 21.2×-0.3× | 21.6×-4.7× | |
| Price / sales | 2.7×-0.3× | 3×-0.6× | 3.6×+0.8× | 2.8×0.0× | 2.9×-0.3× | |
| Price / book | 4.1×-0.1× | 4.1×-0.7× | 4.8×+1.1× | 3.6×0.0× | 3.6×-0.3× | |
| Dividend yield | 2.6%+0.6pp | 2%+0.2pp | 1.8%-0.6pp | 2.5%0.0pp | 2.5%+0.9pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- Where do Piper Sandler's ratios come from?
- Every ratio is computed from Piper Sandler's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
