Piper Sandler Companies drawdown: 31.6% below the all-time high (price)
Piper Sandler Companies is 31.6% below its all-time high, set Jan 22, 2026 (as of market close, Oct 16, 2026), measured on price alone — dividends are not included, the convention headlines and crash histories use. The chart shows every day as a percentage of the highest level reached up to that point: 100% means a fresh record, everything below is a drawdown.
- Below all-time high
- −31.6%
- 68.4% of ATH
- All-time high
- $94.52
- Jan 22, 2026
- Time below the high
- 9 mo
- since Jan 22, 2026
- Worst-ever drawdown
- −77.0%
- Oct 3, 2011
- Longest underwater
- 10.6 yrs
- between all-time highs
- Today's level first reached
- Jul 16, 2024
- 2.3 yrs ago
- Last time this deep
- Apr 25, 2025
- in a previous episode
% of all-time high since 2004: price#
The classic underwater chart (drawdown curve), drawn as % of the all-time high — 100% is a fresh record, everything below it is time spent underwater. Basis and range are in the URL, so a particular view is a link.
The deepest drawdowns on record#
Every decline of 15% or more from an all-time high (price basis), deepest first.
| Peak | Trough | Depth | Peak → trough | Recovered by | Underwater |
|---|---|---|---|---|---|
| May 5, 2006 | Oct 3, 2011 | −77.0% | 5.4 yrs | Dec 5, 2016 | 10.6 yrs |
| Feb 1, 2018 | Mar 18, 2020 | −65.6% | 2.1 yrs | Dec 10, 2020 | 2.9 yrs |
| Mar 4, 2004 | May 17, 2005 | −54.2% | 14 mo | Apr 11, 2006 | 2.1 yrs |
| Nov 19, 2021 | Jul 14, 2022 | −45.6% | 8 mo | Feb 2, 2024 | 2.2 yrs |
| Nov 25, 2024 | Apr 8, 2025 | −39.6% | 4 mo | Sep 15, 2025 | 10 mo |
| Feb 15, 2017 | Sep 7, 2017 | −34.8% | 7 mo | Dec 21, 2017 | 10 mo |
| Jan 22, 2026 | Oct 7, 2026 | −32.5% | 8 mo | not yet | 9 mo+ |
Price basis (no dividends) — the convention crash histories use. With dividends reinvested, recoveries arrive years earlier; switch the basis on the chart above to see it.
Drawdown vs what came next#
One dot per month since 2004: how far Piper Sandler Companies stood below its all-time high, and the total return over the following 1, 5 and 10 years.
Read this with survivorship bias in mind: a single asset's history is one surviving sample, so past recoveries here say little about the odds ahead. Monthly windows also overlap heavily (they are not independent samples). Not investment advice.
FAQ#
- How far is Piper Sandler Companies from its all-time high?
- Piper Sandler Companies is currently 31.6% below its all-time high, set Jan 22, 2026 (as of market close, Oct 16, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest Piper Sandler Companies drawdown ever?
- The deepest decline on record in our data (since 2004) took Piper Sandler Companies 77.0% below its prior high, bottoming Oct 3, 2011. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily data since -1 from PIPR; no free deep history exists for Piper Sandler Companies — for a 150-year drawdown record see the S&P 500 drawdown page. The price basis excludes dividends; the total-return basis reinvests them; the real basis additionally deflates by CPI. See also returns by year. Past performance does not predict future returns; not investment advice.