SoFi Technologies, Inc. provides digital financial services. It operates through three segments: Lending, Technology Platform, and Financial Services. The company's lending and financial services and products allows its members to borrow, save, spend, invest, and protect their money. It offers student loans; personal loans for debt consolidation and home improvement projects; and home loans. The company also provides cash management, investment, and technology services. In addition, it operates Galileo, a technology platform that offers services to financial and non-financial institutions; and Apex, a technology enabled platform that provides investment custody and clearing brokerage services, as well as Technisys, a cloud-based digital multi-product core banking platform. The company was founded in 2011 and is headquartered in San Francisco, California.
P/B ratio for SoFi Technologies, Inc. (SOFI)
P/B ratio as of 2023: 1.69
According to SoFi Technologies, Inc.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 1.69. At the end of 2022 the company had a P/B ratio of 0.75.
P/B ratio history for SoFi Technologies, Inc. from 2017 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 1.69 |
| 2022 | 0.75 |
| 2021 | 1.77 |
| 2020 | 0.30 |
| 2019 | 0.50 |
| 2018 | 0.00 |
| 2017 | 0.00 |