Laurentian Bank of Canada, together with its subsidiaries, provides various financial services to personal, business, and institutional customers in Canada and the United States. It operates through three segments: Personal Banking, Commercial Banking, and Capital Markets. The company offers notice, demand, and term deposits; commercial, residential mortgage, and personal loans; real estate, and equipment and inventory financing; and credit life and disability insurance products. It also provides investment securities services; research, market analysis, and advisory services; corporate underwriting services for debt and equity; and administrative, foreign exchange, and trustee services. The company sells its products through the bank's financial clinics, advisors, broker channels, and digital platforms. Laurentian Bank of Canada was founded in 1846 and is headquartered in Montréal, Canada.
P/B ratio for Laurentian Bank of Canada (LB.TO)
P/B ratio as of 2023: 0.39
According to Laurentian Bank of Canada's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 0.39. At the end of 2022 the company had a P/B ratio of 0.47.
P/B ratio history for Laurentian Bank of Canada from 1996 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 0.39 |
| 2022 | 0.47 |
| 2021 | 0.70 |
| 2020 | 0.43 |
| 2019 | 0.75 |
| 2018 | 0.69 |
| 2017 | 0.90 |
| 2016 | 0.77 |
| 2015 | 0.97 |
| 2014 | 0.92 |
| 2013 | 0.89 |
| 2012 | 0.74 |
| 2011 | 0.82 |
| 2010 | 0.86 |
| 2009 | 0.81 |
| 2008 | 0.90 |
| 2007 | 1.03 |
| 2006 | 0.72 |
| 2005 | 0.78 |
| 2004 | 0.67 |
| 2003 | 0.74 |
| 2002 | 0.79 |
| 2001 | 0.80 |
| 2000 | 0.75 |
| 1999 | 0.66 |
| 1998 | 0.88 |
| 1997 | 0.85 |
| 1996 | 0.63 |