LPL Financial Holdings Inc. (LPLA) Valuation
Historical valuation analysis based on 500 data points (2024-09-26 to 2026-09-24)
LPL Financial is the largest US independent broker/dealer, with more than 32,000 financial advisors, roughly 11 million customer accounts, and roughly $2.4 trillion in client assets under managemen...
LPL Financial Holdings Inc. (LPLA) currently trades at a P/E ratio of 27.04 (historical range: 17.24–37.32, median: 26.63), placing it at the 54th percentile — near its historical average, P/S ratio of 1.33 (range: 1.17–2.51, 8th percentile — cheap relative to its history), EV/EBITDA of 25.08 (range: 15.09–34.13, 59th percentile).
Over the historical period (2024-09-26 to 2026-09-24), LPL Financial Holdings Inc.'s P/E ratio has expanded by 26% over the observed period (from an average of 24.3 to 30.6).
LPL Financial Holdings Inc. trades below its historical valuation range, with most metrics below their median levels.
Historical Valuation Metrics
| Metric | Current | Min | Median | Max | Percentile | Assessment |
|---|---|---|---|---|---|---|
| P/E Ratio | 27.04 | 17.24 | 26.63 | 37.32 | 54th | near its historical average |
| P/S Ratio | 1.33 | 1.17 | 1.84 | 2.51 | 8th | cheap relative to its history |
| EV/EBITDA | 25.08 | 15.09 | 23.82 | 34.13 | 59th | near its historical average |
| FCF Yield | 0.00 | 0.00 | 0.00 | 0.01 | 29th | above its historical average |
LPL Financial Holdings Inc. (LPLA) Valuation & P/E History
LPL Financial Holdings Inc. (LPLA) is a US-listed stock operating in the Financial Services sector, specifically the Security & Commodity Brokers, Dealers, Exchanges & Services industry currently trading at $302.76 with a market capitalization of $23.8 billion. This page provides historical valuation analysis for LPLA based on 500 data points covering 2024-09-26 to 2026-09-24. The P/E ratio of 27.04 is above the historical median of 26.63, placing LPLA at the 54th percentile of its valuation range. The P/S ratio of 1.33 compares to a median of 1.84.
LPLA Valuation Metrics & Historical Range
The valuation table above shows LPL Financial Holdings Inc.'s current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether LPLA is currently trading above or below its typical valuation levels.
- P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests LPLA is expensively valued; below the median suggests it is cheap.
- P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
- EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for LPL Financial Holdings Inc..
- FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.
Is LPLA Overvalued or Undervalued?
LPL Financial Holdings Inc. trades below its historical valuation range, with most metrics below their median levels. The overall valuation percentile of 40 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive LPLA is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.
However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full LPLA analysis page for a complete picture.
Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.LPLA trades on NYSE. This page is for informational purposes only and is not financial advice.