Piper Sandler Companies (PIPR) is a publicly traded company in the Financial Services — Investment - Banking & Investment Services industry listed on NYSE. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
Piper Sandler Companies operates as an investment bank and institutional securities firm that serves corporations, private equity groups, public entities, non-profit entities, and institutional investors in the United States and internationally.
Is Piper Sandler Companies stock overvalued or undervalued in 2026?
Piper Sandler Companies (PIPR) trades at 14.8× earnings (P/E), against a median of 13.0× across the 324 financial services companies above $2bn in Kaplio's universe. At a P/B justified by its ROTCE del 24,2 % (2.0×) $38 (-40 %); at its peers' median (8.8×) $167 (+162 %).
Kaplio overview: Piper Sandler Companies
Market cap $5B · 52 weeks $63 – $95 (31 % below the high) · P/E 14.8× · 2027 expected P/E 11.9× · Dividend 3.0 % · Next earnings February 5, 2027 · expected EPS $1.44 · Closing price, Oct 30 · accounts published Oct 30.
- Valuation: P/B 3.3× (expensive).
- Business: ROTCE 24.2 % (excellent).
- Balance sheet: Capital/assets 52.9 % (solid).
- Earnings: 6 of 8 (on track).
What would it be worth at its usual multiples?
At a P/B justified by its ROTCE del 24,2 % (2.0×) $38 (-40 %); at its peers' median (8.8×) $167 (+162 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.
What matters in banking: 4 of 5 pass
- P/B (Price / Book) 3.3×, fails.
- ROA 13.2 %, passes.
- ROTCE 24.2 %, passes.
- Equity / Assets (Tier 1 proxy) 52.9 %, passes.
- Sustainable dividend yield 2.9 %, passes.
Against its peers (reference peers) — Piper Sandler Companies: P/E 14.8×; P/B 3.4×; ROE 22.9 %; $4.5B. PJT Partners Inc. (P/E 25.2×; P/B 12.7×; ROE 71.2 %; $3.8B), Moelis & Company (P/E 20.4×; P/B 8.8×; ROE 43.5 %; $4.3B), Virtu Financial, Inc. (P/E 6.8×; P/B 2.4×; ROE 41.2 %; $4.7B).
Expensive or cheap against its last ten fiscal years?
Precio / valor contable at each close: today 3.4× · median 1.5× · minimum 0.6× · maximum 4.8× · cheap below 1.3× · expensive above 3.0×. It has been cheaper than today 84% of the time over its last ten fiscal years.
Dividend
tight (only raised recently) · Yield 3.0 % ($1.71 per share in 2025) · Years raising it 1 · paying since 2017 · 5-year growth +27 % a year · Free cash flow coverage payout 41 % · With $1,000 invested today you'd collect $29.50 a year ($2.46 a month).
Profitability
| Return on Equity | 22.90% |
| Return on Invested Capital | 19.85% |
| Return on Assets | 13.21% |
| Gross Margin | 96.50% |
| Operating Margin | 23.19% |
| Net Margin | 14.63% |
Financial Health
| Debt / Equity | 0.13 |
| Current Ratio | 2.09 |
| Piotroski F-Score | 5 |
| Altman Z-Score | 5.39 |
Price Performance
| 1 month | -2.99% |
| 3 months | -15.82% |
| Year-to-date | -24.87% |
| 1 year | -20.06% |
| 3 years | +81.90% |
| 5 years | +48.57% |
| 10 years | +371.62% |
Dividend History
Paid in the last 12 months: $2.0000 per share in 4 payments.
| Date | Amount |
|---|---|
| 2026-08-28 | $0.2000 |
| 2026-05-29 | $0.2000 |
| 2026-03-03 | $1.4250 |
| 2025-11-25 | $0.1750 |
| 2025-08-29 | $0.1750 |
| 2025-05-30 | $0.1625 |
| 2025-03-04 | $0.9125 |
| 2024-11-22 | $0.1625 |
| 2024-08-29 | $0.1625 |
| 2024-05-23 | $0.1500 |
Amounts adjusted for stock splits.
Related companies: WULF · HUT · SNEX · MKTX · VIRT · FAF · PFSI · MC
Explore sector: Financial Services · Investment - Banking & Investment Services
More sections of PIPR: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
Discover more: Weekly Radar: the S&P 500 through the Buffett and Lynch methods · Companies that pass the Buffett method today · Companies that pass the Lynch method today · Stocks that pass Graham's defensive investor test today · Investment Academy — learn to analyze stocks