Company overview
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. It offers investment banking services, institutional sales, and trading services for various equity and fixed income products; research services; advisory services, such as mergers and acquisitions, equity and debt financings, private capital advisory, equity and debt private placements, and debt and restructuring advisory; municipal financial advisory and loan placement services; and various over-the-counter derivative products, as well as underwrites municipal issuances. The company also provides public finance investment banking services that focus on state and local governments, special districts and development infrastructure, project finance, and cultural and social service non-profit entities, as well as the education, healthcare, hospitality, senior living, housing, and transportation sectors. In addition, it offers equity and fixed income advisory and trade execution services for institutional investors, corporations, and government and non-profit entities. Further, the company has alternative asset management funds in merchant banking and healthcare to invest firm capital and to manage capital from outside investors. The company was formerly known as Piper Jaffray Companies and changed its name to Piper Sandler Companies in January 2020. Piper Sandler Companies was founded in 1895 and is headquartered in Minneapolis, Minnesota.
Daily valuation snapshot
These values come from the daily market snapshot dated 2026-10-08. TTM means trailing twelve months. Use the market date when comparing PIPR with another company.
| Daily close (USD) | $64.38 |
| Market capitalization (USD) | $4,549,753,334.58 |
| Price / earnings (TTM) | 14.8 |
| Price / book | 2.9 |
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Company size
Piper Sandler Companies's recorded market capitalization is $4,549,753,334.58. It measures the market value of the company's equity, rather than its revenue or cash balance.
Price relative to earnings
PIPR's recorded P/E is 14.8: about $14.8 of share price for each $1 of trailing annual earnings per share. Compare that multiple with earnings growth and companies in the same business.
Price relative to book equity
PIPR's recorded price-to-book ratio is 2.9. That compares its market equity value with recorded book equity. Examine its business and balance sheet to understand why those values differ.
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