South Plains Financial price to book ratio SPFI

Market value divided by the book value of the company's net assets, since 2019.

Today, Oct 23, 2026: 1.3×
7-year median: 1.2×
Against its 7-year history: 64th; percentile: 0 is its lowest day, 100 its highest
7-year range: 0.6× to 2.0×
Peer median: 1.3×

South Plains Financial's price to book ratio is 1.3× as of Oct 23, 2026.

That is above its 7-year median of 1.2×, close to the middle of its last 7 years.

Over that time it ranged from 0.6× in Sep 2020 to 2.0× in Jul 2019.

The median for 10 regional banks of a similar size is 1.3×.

Price to book ratio over time

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	1.3×	1.3×	1.7×
2025	1.3×	1.2×	1.5×
2024	1.3×	1.0×	1.5×
2023	1.3×	0.9×	1.4×
2022	1.4×	1.0×	1.6×
2021	1.2×	1.0×	1.2×
2020	1.0×	0.6×	1.3×
2019	1.3×	1.0×	2.0×

Against its peers

Companies in Banks - Regional nearest South Plains Financial's size, closest first, today.

Company	Price to book ratio
SPFISouth Plains Financial	1.3×
PGCPeapack Gladstone Financial	1.1×
HTBHomeTrust Bancshares	1.3×
IBCPIndependent Bank	1.6×
SMBCSouthern Missouri Bancorp	1.3×
CCBGCapital City Bank	1.5×
MPBMID Penn Bancorp	1.0×
ORRFOrrstown Financial Services	1.4×
GSBCGreat Southern Bancorp	1.4×
WASHWashington Trust Bancorp	1.3×
THFFFirst Financial	1.3×
Peer median	1.3×

What the price to book ratio tells you

Market value divided by the accounting value of the company's net assets. Below 1 means the market values the business at less than what it owns on paper.

Book value misses brands, software and people, so asset-light companies always look expensive on it. Most useful for banks and industrials.

More on South Plains Financial

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.