SVB Financial Group
Financial ratios & Valuation

Historical Multiples (2013 – 2022)

2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 TTM Median
Valuation Ratios
Price/Earnings ratio
22.0121.5117.7423.2825.0610.4811.4616.5820.638.114.1510.48
Price/Sales ratio
3.514.044.205.656.333.923.925.016.392.181.103.92
Price/Book Value ratio
2.412.011.902.442.941.992.012.432.320.840.391.99
Price/Cash Flow ratio
27.4422.2217.9520.3421.1910.9311.1913.8620.874.732.1810.93
Price/Free Cash Flow ratio
33.5126.6521.3423.1623.2211.5011.8614.7522.265.122.1811.50
Price/Earnings Growth ratio
1.081.620.732.320.940.110.543.150.54-0.76-0.140.11
Dividend Yield
N/AN/AN/AN/AN/AN/AN/A0.08%0.16%1.20%N/AN/A
Profitability Indicator Ratios
Gross Profit Margin
N/A100%100%100%100%100%100%100%100%8.69%100%100%
Operating Profit Margin
N/A33.66%42.27%42.92%45.89%53.87%47.09%41.43%41.98%58.71%N/A53.87%
Pretax Profit Margin
50.74%46.43%41.62%40.67%45.06%52.39%48.53%43.58%46.03%34.95%38.28%52.39%
Net Profit Margin
15.98%18.78%23.71%24.30%25.27%37.44%34.26%30.23%30.97%26.91%26.59%25.27%
Effective Tax Rate
20.29%26.63%37.89%39.07%40.64%25.79%26.43%25.69%23.89%25.92%25.92%25.92%
Return on Assets
0.81%0.69%0.77%0.85%0.96%1.71%1.60%1.04%0.86%0.78%0.71%1.71%
Return On Equity
10.97%9.36%10.75%10.50%11.73%19.03%17.57%14.70%11.28%10.44%9.51%19.03%
Return on Capital Employed
N/A1.24%1.39%1.53%1.76%2.48%2.20%1.43%1.17%1.84%N/A2.48%
Liquidity Ratios
Current Ratio
0.560.420.440.370.300.221.10N/AN/AN/A3.070.30
Quick Ratio
2.64K1.97K27.9429.5819.9536.831.29K2.51K361.713.073.0736.83
Cash ratio
268.85218.532.154.843.8011.05389.08859.96120.810.980.9811.05
Days of Sales Outstanding
22.5829.6839.3340.2837.1835.60191.98292.79118.93181.06198.2937.18
Days of Inventory outstanding
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Operating Cycle
N/AN/AN/AN/AN/AN/AN/AN/AN/A181.06N/AN/A
Days of Payables Outstanding
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Cash Conversion Cycle
N/AN/AN/AN/AN/AN/AN/AN/AN/A181.06N/AN/A
Debt Ratios
Debt Ratio
0.880.010.030.020.020.010.000.000.010.090.920.02
Debt Equity Ratio
0.230.160.440.350.330.190.090.130.181.2012.210.33
Long-term Debt to Capitalization
0.180.130.190.170.140.110.080.110.150.260.250.14
Total Debt to Capitalization
0.180.140.300.260.250.160.080.120.150.540.540.25
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Cash Flow to Debt Ratio
0.370.550.230.330.410.921.991.280.580.140.140.92
Company Equity Multiplier
13.4313.5213.9312.2312.2111.0910.9714.0513.0213.2313.2312.21
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.120.180.230.270.290.350.350.360.300.460.500.29
Free Cash Flow / Operating Cash Flow Ratio
0.810.830.840.870.910.950.940.930.930.9210.91
Cash Flow Coverage Ratio
0.370.550.230.330.410.921.991.280.580.140.140.92
Short Term Coverage Ratio
34.0732.830.530.850.822.9966.7870.3214.970.210.202.99
Dividend Payout Ratio
N/AN/AN/AN/AN/AN/AN/A1.41%3.43%9.74%N/AN/A