Lufax Holding Ltd operates a technology-empowered personal financial services platform in China. It offers loan products, including unsecured loans and secured loans, as well as consumer finance loans. The company also provides wealth management platforms, such as Lufax (Lu.com), Lu International (Singapore), and Lu International (Hong Kong) to the middle class and affluent investors to invest in products and portfolios; retail credit facilitation services platform that offers small business owners with lending solutions; and technology empowerment solutions for financial institutions. Lufax Holding Ltd was founded in 2005 and is headquartered in Shanghai, China.
P/B ratio for Lufax Holding Ltd (LU)
P/B ratio as of 2023: 0.14
According to Lufax Holding Ltd's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 0.14. At the end of 2022 the company had a P/B ratio of 0.33.
P/B ratio history for Lufax Holding Ltd from 2016 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 0.14 |
| 2022 | 0.33 |
| 2021 | 0.91 |
| 2020 | 2.51 |
| 2019 | 4.05 |
| 2018 | 5.45 |
| 2017 | 8.61 |
| 2016 | 0.00 |