Latest Ratios: P/E Ratio -0.0x · EV/EBITDA N/A · ROE -33.6%. (2017–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $11129 | $125041 | $4M | $7M | $71M | $86M | $42M | $1.2B | — | — |
| Enterprise Value | $-1862597 | $-1748685 | $-7917171 | $-19489626 | $66M | $71M | $40M | $1.2B | — | — |
| P/E Ratio → | -0.00 | — | — | — | — | — | — | — | — | — |
| P/S Ratio | 0.01 | 0.15 | — | 0.41 | — | 3.66 | 4.23 | 65.30 | — | — |
| P/B Ratio | 0.00 | 0.01 | 0.61 | 0.25 | 2.60 | 1.59 | 3.94 | 161.59 | — | — |
| P/FCF | — | — | — | 1.28 | — | — | 422.57 | 146.12 | — | — |
| P/OCF | — | — | — | 0.53 | — | — | 401.84 | 145.67 | — | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | -2.10 | — | -1.11 | — | 3.02 | 4.00 | 65.03 | — | — |
| EV / EBITDA | — | — | — | — | — | 6.57 | 35.84 | 86.90 | — | — |
| EV / EBIT | — | — | — | — | — | 85.19 | — | — | — | — |
| EV / FCF | — | — | — | -3.50 | — | — | 399.52 | 145.51 | — | — |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 410.1% | 410.1% | 119.5% | 57.5% | 453.5% | 100.0% | 100.0% | 100.0% | -9.1% | 16.7% |
| Operating Margin | -970.5% | -970.5% | 169.8% | -19.5% | 1245.2% | 40.5% | 10.7% | 74.5% | -41.8% | -6.0% |
| Net Profit Margin | -594.9% | -594.9% | 87.7% | -30.0% | 1368.6% | 0.1% | -25.6% | 46.2% | -42.2% | -7.4% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -33.6% | -33.6% | -154.2% | -18.8% | -83.2% | 0.1% | -28.7% | 102.8% | -27.2% | -6.3% |
| ROA | -10.9% | -10.9% | -49.5% | -6.5% | -28.8% | 0.0% | -14.2% | 51.2% | -17.0% | -5.3% |
| ROIC | -23.1% | -23.1% | -187.3% | -8.1% | -53.2% | 21.6% | 7.9% | 113.5% | -20.2% | -3.9% |
| ROCE | -29.9% | -29.9% | -274.4% | -10.8% | -68.6% | 27.7% | 11.5% | 134.9% | -16.9% | — |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.82 | 0.82 | 0.64 | 0.08 | 0.20 | 0.00 | 0.10 | 0.21 | — | — |
| Debt / EBITDA | — | — | — | — | — | 0.01 | 0.99 | 0.12 | — | — |
| Net Debt / Equity | — | -0.08 | -1.71 | -0.94 | -0.21 | -0.28 | -0.22 | -0.67 | -0.81 | -0.26 |
| Net Debt / EBITDA | — | — | — | — | — | -1.38 | -2.07 | -0.36 | — | — |
| Debt / FCF | — | — | — | -4.79 | — | — | -23.05 | -0.61 | — | -2.26 |
| Interest Coverage | -1.33 | -1.33 | -32.52 | -1.41 | -12.70 | — | — | — | -23260.47 | — |
Net cash position: cash ($20M) exceeds total debt ($18M)
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.90 | 2.90 | 0.67 | 1.20 | 1.28 | 1.40 | 1.47 | 2.09 | — | — |
| Quick Ratio | 2.90 | 2.90 | 0.67 | 1.20 | 1.28 | 1.40 | 1.47 | 2.09 | — | — |
| Cash Ratio | 2.22 | 2.22 | 0.61 | 0.65 | 0.21 | 0.16 | 0.30 | 1.03 | — | — |
| Asset Turnover | — | 0.02 | -0.86 | 0.23 | -0.03 | 0.16 | 0.44 | 1.33 | 0.35 | 0.71 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | 5.8% | 0.4% | 0.9% | — | — | — |
| Payout Ratio | — | — | — | — | — | 1326.7% | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | — | — | — | — | — |
| FCF Yield | — | — | — | 78.0% | — | — | 0.2% | 0.7% | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — | — |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% | 5.8% | 0.4% | 0.9% | 0.0% | — | — |
| Shares Outstanding | — | $48654 | $35565 | $8132 | $3071 | $2009 | $677 | $1162 | $1162 | $1162 |
Speculative asset valuation risk
As reported in recent financial statements, LGHL trades at a P/B ratio of 28.65, which appears disconnected from its historical volatility and the speculative nature of its current pivot into metaverse-related assets, suggesting the market may be pricing the firm as a distressed option rather than a broker.
The extreme P/B volatility, ranging from over 13,000 in 2022 to current levels, indicates that traditional valuation multiples are largely meaningless for this entity. Investors should monitor whether the $20M cash position serves as a floor for valuation or if the market is correctly discounting the firm's inability to generate sustainable returns on its tangible equity.
Based on the company's 2025Q4 filings, the ROE of 19.6% represents a sharp, likely unsustainable recovery from the -130.3% reported in 2025Q2, highlighting the extreme sensitivity of the firm's profitability to non-recurring income streams and volatile trading volumes within its synthetic product portfolio.
The DuPont decomposition is heavily skewed by the near-total reliance on non-interest income, which accounts for 99.6% of revenue. This lack of diversified, recurring income suggests that the firm's profitability is not a result of operational efficiency but rather a byproduct of market-dependent trading gains that may not persist in less volatile environments.
According to recent financial disclosures, the firm's NIM turned negative at -3.2% in 2025Q4, while the efficiency ratio of 39.7% suggests that the cost of maintaining its complex brokerage infrastructure remains a significant burden relative to the firm's sub-scale revenue base.
The negative NIM implies that the cost of funding client positions and maintaining liquidity is currently exceeding the interest income generated, which is a concerning trend for a financial services firm. The efficiency ratio's wide swings suggest that management has yet to achieve the operating leverage necessary to stabilize costs against its erratic revenue stream.
As noted in financial analysis literature, the P/E ratio is the most commonly misapplied metric for LGHL, as the firm's frequent swings into negative earnings and reliance on non-recurring gains render traditional price-to-earnings comparisons entirely misleading for assessing the company's true underlying value.
Investors should instead focus on the Price-to-Tangible-Book-Value (P/TBV) and the cash-to-market-cap ratio to understand the firm's liquidation value and capital cushion. Relying on P/E obscures the reality that the company is currently operating as a speculative venture vehicle rather than a stable, earnings-generating financial institution.
Includes 30+ ratios · 9 years · Updated daily
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Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying LGHL stock.
Lion Group Holding Ltd.'s current P/E ratio is -0.0x. This places it at the 50th percentile of its historical range.
Lion Group Holding Ltd.'s return on equity (ROE) is -33.6%. The historical average is -27.7%.
Based on historical data, Lion Group Holding Ltd. is trading at a P/E of -0.0x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Lion Group Holding Ltd. has 410.1% gross margin and -970.5% operating margin.